Sebastian Telfair net worth
Sebastian Telfair Net Worth and Salary: Sebastian Telfair is an American basketball player who has a net worth of $4 million. Born in Brooklyn, New York, Sebastian Telfair originally planned to attend the University of Louisville on a basketball scholarship, but was drafted out of Abraham Lincoln High School by the Portland Trail Blazers in 2004. He played two seasons with the team but had only a limited degree of success. He was then traded to the Boston Celtics, where he played just one season. He was traded to the Minnesota Timberwolves in 2007, a move that proved to be a good choice. He played well for the team, but was traded again in 2009. Since then, he has played for the Los Angeles Clippers, Cleveland Cavaliers, Timberwolves and Phoenix Suns. In February 2013, he played for the Toronto Raptors. He is known for numerous legal battles, as is his skill on the field. He is the subject of the book, “Jumping: Sebastian Telfair and the High-Risk Business of the High School Prom.”
Financial and legal issues: Over the course of his NBA career, Sebastian was paid just over $19 million. In 2004, he signed a $15 million contract with Adidas. The deal was eventually scrapped by Adidas after Sebastian had a shootout with rapper Fabolous. The incident reportedly cost him $20 million. Sebastian also reportedly invested $1 million to open Phillipe Chow restaurants in New York and Miami. These investments were ultimately unsuccessful.
In November 2018, American Express sued him for unpaid credit card debt worth more than $43,000. In June 2017, he was arrested in Brooklyn on firearm possession charges. Police found three loaded handguns, a semi-automatic rifle, a bulletproof vest, 100 pairs of sneakers and marijuana in the car. He is currently facing charges that could lead to 15 years in prison.
