Anfernee Deon “Penny” Hardaway is an American college basketball coach who also played 14 season in the National Basketball Association. He is the head coach of the Memphis Tigers of the American Athletic Conference.
Penny Hardaway is 50 years old and here is everything you need to know about his net worth, salary, career, personal life, and more.
Penny Hardaway Facts
| Birth Place | Memphis, Tennessee |
| Father’s Name | Eddie Golden |
| Mother’s Name | Fae Hardaway |
| Star Sign | Cancer |
| High School | University of Memphis (1990-1993) |
| Net Worth (2022) | $50 million |
| Salary (2022) | $2.45 million |
| Age | 51 |
| Date of Birth | July 18, 1971 |
| Height (ft) | 6 ft 7 in (2.01 m) |
| Weight (kg) | 215 lb (98 kg) |
| Nationality | American |
| NBA Draft Year | 1993 |
| NBA Draft Pick | Round 1 / 3rd Overall |
| Playing Career | 1993 – 2007 |
| Position | Point Guard / Shooting Guard |
| Teams | AS PLAYER: Magic, Suns, Knicks, Heat (NBA); AS COACH: East HS, Memphis |
| Wife/Girlfriend | None |
| Children | 3 |
| Endorsements | NA |
| Social Media |
Penny Hardaway Net Worth And Salary
Penny Hardaway is a former basketball player who is currently earning a neat sum as a coach to Memphis Tigers. In December 2020, he signed a five-year $12.25 million contract which comes to $2.45 per year in salary. He also earned $120 million from his contracts in the NBA and an additional $20 million from endorsement deals. The former NBA guard’s net worth is estimated to be around $50 million.
Hardaway purchased an 11,000 square feet mansion in Memphis in 2019 for $4.25 million. He is a father to three kids and has already lived the good life during his playing days. Now, as a coach, he continues to make a decent sum, much better than the rest of his colleagues from his time in the NBA.
Penny Hardaway Basketball Career
Penny Hardaway spent 14 seasons in the NBA. Starting out in Treadwell High School, he averaged 36.6 points, 10.1 rebounds, 6.2 assists, 3.9 steals, and 2.8 blocks and was named National High School Player of the Year for Parade Magazine. He then went to the University of Memphis but had to sit out his freshman year to academic ineligibility.
There was a point where he got shot in the foot that could have jeopardized his athletic career. He decided to do better in life, improving his grades drastically and getting picked for the 1992 USA Basketball Developmental Team. The team played regularly in scrimmages with the 1992 Olympic Team. Hardaway averaged 22.8 ppg, 8.5 rpg, 6.4 apg, 2.4 spg, and 1.2 bpg in his junior season and declared for the NBA draft in 1993.
The Golden State Warriors picked him third overall but traded him to Orlando Magic along with three future picks for Chris Webber. The Magic paired Hardaway with the dominant center, Shaquille O’Neal at the time. The former started out as a shooting guard but it soon became clear that he would excel at point. He took over from Scott Skiles and was named in the All-Rookie First Team. Both he and O’Neal paired up to take the Bulls to the NBA Finals where they got swept by the Houston Rockets. Hardaway averaged 25.5 points, 4.8 rebounds and 8 assists in the series.
Hardaway’s career peaked in Orlando and during his early days in Phoenix. He was named an All-Star four times, twice in the All-NBA First Team and once in the All-NBA Third Team. In his final years, he played for the Knicks and Heat before hanging up his boots in 2007. In 2015, he chose to start his coaching career at his alma mater and then went back to his college in Memphis to take over from Tubby Smith.
Penny Hardaway Personal Life
Penny Hardaway has a son and two daughters. His son, Jayden plays guard for the Memphis Tigers just like his father did. Hardaway is a member of the Kappa Alpha Psi Fraternity.
In 2012, he joined an ownership group of Peyton Manning and Justin Timberlake to own a part of Memphis Grizzlies. The year before, Hardaway announced plans for a $20 million sports facility called FastBreak Courts Sportsplex in Cordova
FAQs About Penny Hardaway
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Hardaway retired from professional basketball in 2007, playing for Miami last.
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