The American former basketball player, Darius Miles net worth is estimated to be around $100,000. Even after having a successful career and a fancy source of income of $66 million annual salary, Miles has suffered major financial problems in his life.
With his brilliant basketball skills in high school, Miles was drafted third overall by the Los Angeles Chipper. In the NBA, Darius Miles played for around eight seasons with a rookie success that made him the first prep-to-pro player with the title of “NBA All-Rookie.” However, in 2016, unfortunately Miles had to declare bankruptcy due to long-lasting financial issues. This brings us to an interesting subject- what’s Darius Miles net worth today? Stay tuned with us to find out more about the former basketball player!
Darius Miles Early Life
Born on October 4th, 1981, Darius Miles was raised in East St. Louis, Illinois; although he was born nearby in Belleville. He completed his education from East St. Louis Senior High School. As he started playing for his high school, he gained the recognition of ‘best high school basketball player in the country.’
As raised in the murder capital of America, Darius Miles experienced a rough and difficult childhood. In fact, in an interview, Miles described the last he grew in as “guns, drugs, and danger from start to finish.” Because growing up, he was shot many times and also saw many of his friends being shot right in front of him.
Darius Miles Professional Life
Based on Miles’s high school performance in football, he made an average of 22 points per game. Then in 2000, he was drafted third by the Los Angeles Chipper, known to be among the highest positions for a player, right from his school. After playing two seasons with the Clippers, Miles earned himself the NBA All-Rookie Team Honour in 2001.
Following 2002, Miles joined the Cleveland Cavaliers, for whom he played for a season and a half, before joining the Portland Trail Blazers. By the 2004-2005 season, Miles made headlines because of confrontations and misbehavior with the former coach Maurice Cheeks.
Along with this, by the end of the season, Miles experienced a severe injury in his right knee. Because of this, he couldn’t play for the next consecutive years in the NBA. In 2008, his injury worsened, which could danger his career.
In 2008, Darius Miles signed a deal with the Boston Celtics but was waived before the season. Later, he signed with Memphis Grizzlies for whom he played for half a year in 2008-2009. Then, in 2009, Darius Miles took retirement.
Darius Miles Financial Situations
Despite making a handsome sum of money worth $60 million as well as $9 million of Portland Trail blazer, Darius Miles, unfortunately, declared himself bankrupt.
As he retired, his financial conditions became worse as he struggled with some pretty dull business and real estate deals. He, in fact, lost over $100,000 in 2008 because of one…just one California real estate deal. This even led to a dozen multi-million dollar lawsuits.
In 2013, as Miles’s mother died, he experienced severe depression and financial issues. And as he declared bankruptcy, Darius Miles moved to Florida with his friend and former team player, in Chippers, Quentin Richardson.