Dennis Schroder is a professional basketball player who plays Point guard for the Atlanta Hawks (as number 17). By the way, have you ever wondered how much the net worth of Dennis Schroder is? If you want to know that information, you have to read this whole article. Here we are going to share the net worth of Dennis Schroder and other information related to him.
Dennis Schroder’s Net Worth
Most of Dennis Schroder’s net worth is owed to his time with the Atlanta Hawks and also a year with the Oklahoma City Thunders. According to some sources, Dennis Schroder’s net worth is around $40 Million. According to his contract with the Oklahoma City Thunders, Dennis Schroder had a contract for two years, and was to be paid $15.5 Million as his annual salary. With a transfer at the door, Dennis Schroder still had a year left with the Oklahoma City Traders. His $15.5 Million for the year were still owed too. The transfer to LA Lakers from the Oklahoma City Thunders could result in a change in his net worth. Also, it is reported that Dennis Schroder endorses some big and famous brands like Nike, Mercedes Benz, SNIPES, Das Kaugummi, etc.
Oklahoma City Thunder (2018–2020): On July 25, 2018, Dennis Schroder was traded to the Oklahoma City Thunder in a three-team deal. It involved the Hawks and the Philadelphia 76ers. In Schroder’s first season in Oklahoma, Dennis Schroder was positioned as the sixth man of the team, coming from the bench behind superstar point guard Russell. On October 16, in Schroder’s debut for the Thunder, he recorded 21 points, 8 rebounds, 6 assists and 3 steals in 100 loss to the Golden State Warriors.
On November 7, Dennis Schroder scored a season-high 28 points in a 95–86 win over the Cleveland Cavaliers. Then, on November 21, Dennis Schroder scored a season-high 32 points off the bench in a 123–95 win over the Warriors. Besides that, on February 1, 2019, Dennis Schroder got 24 points in the 2nd quarter of the Thunder’s 118–102 win against the Miami Heat. Later, on March 3, Dennis Schroder recorded 17 points and 11 rebounds in a 99–95 win against the Memphis Grizzlies. His second season with the team saw Dennis Schroder in the role of the 6th man yet again, now behind veteran superstar point guard Chris Paul.
Los Angeles Lakers (2020 – now): On November 18, 2020, Dennis Schroder was traded to the LA Lakers in exchange for Danny Green and also the draft rights to first-round pick Jaden. On December 22, 2020, Dennis created his Lakers debut. he put up 14 points, 12 rebounds, and 8 assists, in a 116 – 109 loss to the LA Clippers.
National team career
Dennis Schroder has been a part of the German national under-18 team. Also, he has been a member of the German national under-20 teams. Dennis Schroder played in the 2012 FIBA Europe Under-20 Championship and assisted the German team to the 5th place, averaging 2 assists, 6.1 points, 1.8 rebounds in 14.6 minutes on the court. We get information that on July 27, 2014, Dennis Schroder made his debut for the senior Germany national basketball team in the game against Finland. Dennis Schroder played at EuroBasket 2015, in the group stage which was hosted in Berlin. Apparently, Germany did not qualify for the knock-out stage. It finished in 18th place in the final rankings. Dennis Schroder returned for EuroBasket 2017. He led Germany to the quarterfinals and averaged a tournament-high 23.7 points per game. Dennis Schroder had expressed a desire to play for Germany at the 2020 Summer Olympics. But, the German Basketball Federation will not be able to meet the financial insurance requirements.
Re-signing with the Lakers
There are lots of reasons why Dennis Schroder is not going to resign with the Lakers. They already have 6 guards that expect to play, for the starters: Wayne Ellington, Westbrook, Kent Bazemore, Malik Monk, Talen Horton-Tucker and Kendrick Nunn. The two sides almost had a positive experience together last season. Then there is the tax bill.
Currently, the Lakers owe over 153 dollars in salaries for the next season. The tax line is 136 dollars. It means that the Lakers are about 16.7 million dollars above it, and the tax becomes increasingly punitive for each dollar you go above it. For the first 5 million dollars above the line, the teams owe 1.50 dollars for every dollar spent. Between 5-10 million dollars above the line, that will go up to 1.75 dollar, and in the 10-15 million dollar range, it jumps to 2.50 dollar. At 15-20 million dollars, it leaps again to 3.25 dollars, and an extra 50 cents is added for every 5 million dollar increment beyond that.
It means that now the Lakers owe 34.8 million dollar in taxes. Well, let us add one more minimum salary to get them to 13 players. That will push their team salary above 155 million dollars and their tax bill up to 39.8 million dollars. The 84 million dollar contract Dennis Schroder turned down has paid him an average of 21 million dollar per year. Let us say that he would take half of that on a one-year deal at 10.5 million dollars. It would push the Lakers’ tax bill up to about 80.3 million dollars. Try to combine that with their 165.5 million dollar payroll and they would be paying almost 250 million dollars in player salaries alone next season. Basically, this is why Alex Caruso is no longer part of the team. The tax bill would be big.
Dennis Schroder is the son of a German father and a Gambian mother. Dennis said that he started focusing on his basketball career after his father died. Dennis Schroder and his brother were involved with skateboarding until Dennis discovered basketball when he was 11 years old. His agent is Ademola Okulaja, who is a former German basketball national player. Dennis Schroder is Muslim.