Megan Gustafson is a professional basketball player in the Women’s National Basketball Association (WNBA).
Known for her strong presence on the court, Megan has made a name for herself through her talent, hard work, and determination. But her success isn’t just limited to her performance on the court.
Megan’s financial journey, including her earnings, investments, and lifestyle choices, tells the story of a young athlete who has managed to build a stable and promising future for herself.
Let’s find out Megan Gustafson’s Net worth and her source of income.
Megan Gustafson Net Worth
Megan Gustafson’s estimated net worth is around $1 million as of 2024. According to our research, the data was obtained at Spotrac. Her earnings mainly come from her WNBA contracts and endorsements. Gustafson, who currently plays for the Las Vegas Aces, has signed a two-year contract worth $190,820, with an average annual salary of $95,410. Over her career, she has earned approximately $277,866 in total.
Her consistent league performance and presence on social media also contribute to her overall net worth. Read on to know more about her earnings.
Megan Gustafson’s Sources of Income
Megan Gustafson, like many professional athletes, has multiple sources of income that contribute to her overall earnings. Here’s where her money comes from:
1. WNBA Salary
The primary source of Megan Gustafson’s income is her salary from playing in the WNBA. As of 2024, Megan signed a two-year contract with the Las Vegas Aces worth $190,820, earning an average annual salary of $95,410.
Over her career, she has played for several teams, including the Dallas Wings, Phoenix Mercury, and Washington Mystics, which has helped her accumulate substantial earnings.
2. Endorsements and Sponsorships
While the specific details of her endorsement deals aren’t widely publicized, it’s common for professional athletes to partner with various brands. These deals usually involve promoting sportswear, equipment, or fitness-related products.
For WNBA players, endorsements might not be as lucrative as those in the NBA, but they still provide a significant income boost.
3. International Play
Many WNBA players, including Megan, have the option to play overseas during the WNBA off-season. International teams often offer higher salaries, making this a lucrative opportunity.
While there isn’t specific information about Megan’s involvement in international play, it’s a common practice for WNBA players to supplement their income this way.
4. Appearances and Events
Megan might also earn money through public appearances, such as basketball camps, charity events, or speaking engagements. These activities not only provide additional income but also help in building her brand and connecting with fans.
5. Merchandise Sales
Sales of jerseys, autographed memorabilia, and other merchandise related to Megan Gustafson also contribute to her income. While this might not be a primary income source, it adds to her overall earnings.
Megan Gustafson’s Earnings from 2020 to 2024
Megan Gustafson’s earnings have varied throughout her career, reflecting changes in her contracts, team movements, and overall performance. Let’s look into her earnings from 2020 to 2024.
- 2020: Megan was playing for the Dallas Wings at this time, and her earnings were around $58,710. This figure reflects the standard salary structure for WNBA players early in their careers.
- 2021: Megan’s salary saw a slight increase as she continued to establish herself in the league. Playing for the Washington Mystics, her earnings were approximately $61,543.
- 2022: During this year, Megan earned around $67,208. Her performance continued to improve, and she gained more recognition, leading to a better contract with her team.
- 2023: Megan moved to the Phoenix Mercury and saw her earnings rise to about $75,405. This increase was due to her growing reputation as a reliable player and her contribution to the team.
- 2024: By 2024, Megan signed a more lucrative contract with the Las Vegas Aces, bringing her earnings for the year to around $95,410. This significant jump reflects her value to the team and her established presence in the WNBA.
Megan Gustafson’s Achievements
Megan Gustafson’s achievements on the basketball court have greatly contributed to her popularity and, by extension, her earning potential.
She was the 2019 WNBA Draft’s 17th overall pick and has since become known for her scoring ability and strong rebounding.
During her college years at the University of Iowa, she was a standout player, earning the prestigious Naismith Award, which is given to the top player in college basketball.
Her success in college and her ongoing contributions to the WNBA have solidified her status as a top athlete, making her an attractive figure for brands looking to partner with successful, hardworking individuals.
How much does Megan Gustafson make?
Megan Gustafson makes around $95,410 annually as of 2024, based on her current two-year contract with the Las Vegas Aces, which is worth $190,820 in total.
In previous years, her earnings have varied depending on her contracts with different teams. For example:
In 2020, she earned about $58,710 while playing for the Dallas Wings.
By 2023, her earnings had increased to approximately $75,405 when she played for the Phoenix Mercury
Megan Gustafson’s Early Life and Basketball Beginnings
Megan Gustafson was born on December 13, 1996, in Port Wing, Wisconsin, a small town nestled along the shores of Lake Superior.
Growing up in a tight-knit community, Megan’s early years were marked by an inherent passion for sports, with basketball quickly becoming her primary focus.
From a young age, she displayed a natural talent for the game, often spending countless hours honing her skills on the local courts.
Her high school career at South Shore High School was nothing short of spectacular. Despite attending a relatively small school, Megan’s abilities on the basketball court shone brightly.
She quickly established herself as a dominant force, setting multiple records in scoring, rebounds, and blocks. Her extraordinary performances earned her numerous accolades, including being named the Wisconsin Gatorade Player of the Year and a two-time Associated Press Wisconsin Player of the Year.
Megan’s dedication to the sport and her impressive statistics made her a standout athlete, catching the attention of college scouts nationwide.
Her prowess on the court caught the attention of college scouts, leading her to play for the University of Iowa. During her time at Iowa, Megan continued to build on her high school success.
She made an immediate impact as a freshman, quickly becoming a key player for the Hawkeyes. Over her four-year college career, Megan’s relentless work ethic and exceptional talent propelled her to the forefront of NCAA women’s basketball.
She broke numerous school and conference records, culminating in a senior year where she led the nation in scoring and was named the Naismith College Player of the Year.
Megan’s time at the University of Iowa was not just about personal achievements; she also helped elevate the women’s basketball program to new heights.
Her leadership on and off the court inspired her teammates and drew significant attention to the program. The success and visibility she brought to the Hawkeyes played a crucial role in enhancing the profile of women’s basketball at the university.
Overall, Megan Gustafson’s journey from Port Wing, Wisconsin, to the University of Iowa is a testament to her hard work, dedication, and extraordinary talent.
Her high school and college careers set the stage for her professional success and established her as one of the most remarkable players in women’s basketball.
Megan Gustafson’s Professional Basketball Career
After being drafted by the Dallas Wings in the second round of the 2019 WNBA Draft, Megan Gustafson embarked on the next chapter of her basketball journey.
While her initial season with the Wings saw limited playing time, her perseverance and dedication remained unwavering.
Despite facing challenges, Gustafson’s commitment to continuous improvement was evident, as she seized every opportunity to showcase her skills and contribute to the team’s success.
Later, Gustafson’s journey in the WNBA led her to join the Washington Mystics, where she continued to make her mark on the court.
With her exceptional scoring ability, rebounding prowess, and determination, she quickly earned the respect of teammates, coaches, and fans alike.
Her time with the Mystics allowed her to further refine her game and solidify her place in the league.
In addition to her WNBA career, Megan Gustafson has also ventured into international basketball, a common path for many WNBA players seeking to maximize their earnings during the off-season.
Playing in overseas leagues, particularly in Europe, has provided Gustafson with invaluable opportunities to enhance her skills and compete at a high level against top talent from around the world.
Participating in international competitions has not only allowed Gustafson to broaden her basketball horizons but has also been financially lucrative.
European leagues, in particular, offer competitive salaries and benefits, providing players like Gustafson with a substantial income boost.
The earnings from her international endeavors have undoubtedly contributed significantly to her net worth, further solidifying her financial stability and success in the basketball world.
Gustafson’s willingness to embrace new challenges and seek growth opportunities both domestically and internationally reflects her dedication to her craft and her ambition to excel at the highest level.
As she continues to evolve as a player and further establish herself in the WNBA and beyond, her experiences in both the domestic and international arenas will undoubtedly continue to shape her career trajectory and contribute to her overall success on and off the court.
Conclusion
Megan Gustafson’s financial journey illustrates how a professional athlete can build a stable income through a combination of salary, endorsements, and other revenue streams.
Over the years, her earnings have steadily increased, reflecting her growth as a player and her strategic choices in her career.
By diversifying her income sources and capitalizing on her success in the WNBA, Megan has positioned herself for long-term financial stability and success.
