Mike Conley might be known for his cool-headed plays on the court, but his off-court game is just as sharp. Between a new Minnesota Timberwolves contract, some sleek brand deals, and luxury real estate buys, Conley has quietly built a well-rounded financial empire.
How Much Timberwolves Pay Conley
Conley signed a two-year, $20.75 million contract extension with the Timberwolves in February 2024. This contract is fully guaranteed and was signed using Bird Rights, allowing the Timberwolves to exceed the salary cap to retain him.
Under this contract he will earn something like this — he will make $9,975,962 in the 2024–25 season, this amount will reach $10,774,038 in 2025–26 season and after that he will become a free agent.
His extension is seen as team friendly especially compared to his previous $24.36 million salary, saving the team over $14 million and helping with luxury tax concerns. This contract has a six month trade restriction due to the structured salary increase, although a full no-trade clause hasn’t been publicly disclosed.
A Look at Conley’s Brand Endorsement Deals
Beyond the NBA he has made several brand deals such as Jordan Brand, Toyota etc. that makes a huge part of his wealth.
In 2016, he signed a deal with Jordan Brand after spending eight seasons with Adidas and briefly wearing Under Armour sneakers. He made debut as a Jordan Brand athlete during the Memphis Grizzlies’ season opener in October 2016, wearing the Air Jordan 31 “Battle Grey.”
He had also shown the “Fine Print” colorway of the same model during Media Day. As a member of the Jordan Brand family, Conley has access to exclusive releases and custom colorways, enhancing his presence both on and off the court.
He has also collaborated with Toyota, for instance, in 2015, Toyota presented a documentary titled “DRIVEN – Mike Conley: Memphis Made,” which aired on FOX Sports Southeast. This program shows his journey from his high school to his NBA career with the Memphis Grizzlies.
During this collaboration with Vivint Smart Home, he was seen with his teammate Bojan Bogdanović in a Vivint commercial. The ad features the duo playing video games at Bogdanović’s home when a Vivint doorbell camera notifies them of a package delivery.
In 2016, Mountain Dew expanded its NBA partnerships by collaborating with several players to promote the sport’s culture and lifestyle. He was among the featured athletes, this collaboration aimed to celebrate basketball, music, art and style.
In 2021, he participated in the brand’s 3-Point Contest during the NBA All-Star Weekend. He was named as an injury replacement for Devin Booker and made a significant impact by advancing to the final round, ultimately finishing as the runner-up to Stephen Curry.
Conley’s Complete Net Worth in 2025
Conley’s net worth is estimated to be at $70 million in 2025, this figure includes all of his income from the NBA and his brand endorsement. He has also invested in real estate over the years, especially during his time with the Memphis Grizzlies.
Back in 2007, he bought a 6,338-square-foot, five-bedroom house in Memphis for $900,000. He listed it for $1.15 million less than a year later but ended up selling it in 2017 for $735,000, taking a bit of a loss.
In 2016, he bought a beautiful 7,345-square-foot French-style estate in Collierville, Tennessee, for $1.84 million. The place had it all — vaulted ceilings, grand formal rooms, a custom kitchen, a fancy pool, and peaceful walking paths. He listed it in 2019 for $1.99 million, but after some price drops, sold it in December 2020 for $1.5 million.
He has four cars that contribute to their fare share in his wealth. His car collection includes a Maserati Quattroporte priced at $127,250, Land Rover Range Rover valued at $95,000, Tesla Model S $89,990 and lastly Ford Bronco $39,630.