Have you ever wondered how much the net worth of Alex Caruso is? If you want to get that information, you need to read this entire article. Here we are going to discuss the net worth of Alex Caruso and other information related to him.
Net Worth of Alex Caruso
Alex Caruso is a professional basketball player for the Los Angeles Lakers of the NBA. He played college basketball for the Texas A&M Aggies, obtaining second-team all-conference honors in the Southeastern Conference (SEC) as a senior in the year of 2016. Later, in 2020, he won an NBA championship with the Lakers. Current net worth of Alex Caruso is reportedly at $2 million, which only shows how far his NBA journey has come. After not hearing his name called on the draft night in 2016, Alex Caruso joined the Philadelphia 76ers for Summer League. In September, Alex was signed by the Oklahoma City Thunder, however he waived later, instead joining their team in the D-League. At that time, the salaries of D-League players ranged from $50,000 up to $75,000, that increased due to the NBA signing a new collective bargaining agreement that year.
Alex Caruso, who at the time had not played in the NBA yet, was likely getting a similar amount. However, this was only the first step in the former Aggies point guard’s journey. His first break came the next summer, when he joined the Lakers’ Summer League team. With the team’s 2017 draft picks in Lonzo Ball, Kyle Kuzma, and Ivica Zubac, Alex Caruso helped the Lakers win the Las Vegas Summer League title. His performances were enough for the Lakers to sign Alex Caruso to a two-way contract, going directly from the G-League to the NBA and also becoming the first player to do that. However, even though he was already signed by the Lakers, a two-way contract still meant that he was going to spend most of his time with the South Bay Lakers. A player signed to a two-way contract can only spend a maximum of 45 days on an NBA roster.
Professional Career of Alex Caruso
During the 2017-2018 season, when the Lakers first signed Alex Caruso to a two-way contract, the players in the G League obtained an average of $75,000. The next season, a 3% increase bumped those salaries up to $77,250. But, because Alex since Caruso also joined the Lakers during those two seasons, he likely would have made around $204,000 each season if he could join the team for the maximum of 45 days. In the year of 2018, after his first full season with Los Angeles, Alex Caruso’s net worth was reportedly at $100,000.
The summer of 2018 was a crucial one for the Lakers, with LeBron James signing a 4-year deal with the team. The front office brought Alex Caruso back on another one-year, two-way contract. Alex Caruso ranks as the player with the highest net rating once playing alongside James, and continued to play in the G League and the NBA. Even when their newly star missed time due to injury and the Lakers’ playoff drought continued after finishing the season with a 37-45 record, Alex Caruso’s playing time and productivity improved during his second full season as he continued to gain a cult following.
Then, the Lakers traded away most of their young players to get Anthony Davis from the New Orleans Pelicans in the 2019 offseason. They filled out their roster by signing veterans on cheap deals. Alex Caruso, Kuzma, and Kentavious Caldwell-Pope became their longest-tenured players, with Alex Caruso having spent more time playing in the G League than for the Lakers. At that time, his net worth was reportedly at about $1 million. However during the past season, when the losses mounted, it became apparent that the team would miss the playoffs for another year, it was obvious that the 26-year-old guard was a good fit with James and his teammates.
Eventually, the team signed Alex Caruso to a two-year, $5.5 million deal, making him one of only some players to secure a multi-year contract after previously playing on a two-way contract for the NBA and the G-League. The Texas A&M product gave management by averaging 5.5 points, 1.9 assists, 1.9 rebounds, and 1.1 steals in 64 games in the first year of his contract, assisting the Lakers finish first in the Western Conference. In his first taste of action in the playoffs, Alex Caruso played with the poise of a veteran, improving those numbers to 6.5 points, 2.8 assists, 2.3 rebounds, in 21 playoff games when he proved to be a vital cog in the team’s run to the franchises.
Now as a champion, Alex Caruso will be in the second year of his contract. He will make $2.75 million yet again. When he continues to boost like he did in his first 3 seasons for the team, it would not be surprising if the front office signs the point guard to another multi-year contract because the Lakers want to retain the players who play well with James and Davis who can also be signed on team-friendly deals. It is very fascinating to look at Alex Caruso’s net worth in recent years, as it underlines his rise from an undrafted player to a rotation player.
High school career of Alex Caruso
Alex Caruso attended A&M Consolidated High School in his native College Station (Texas), where he played basketball under head coaches Rick German and Rusty Segler. As a senior, Alex Caruso averaged 18 points and nine rebounds and was named TABC All-Regional, All-State as well as TABC All-Star and district MVP after leading his team to the postseason.
College career of Alex Caruso
After Alex Caruso graduated from high school, he joined the Texas A&M Aggies. In about 137 games over his 4-year career, Alex Caruso averaged 8.0 points, 4.7 assists and 2.02 steals per game, finishing as the school’s all-time leader in assists with 649 and steals with 276. As a senior, Alex Caruso obtained SEC All-Defensive Team and second-team All-SEC honors.