Jordan Farmar net worth is approximately $10 million as of 2024. The two-time NBA champion earned over $18.7 million from basketball contracts and now runs CBDfx, a leading CBD wellness company. He also invests in real estate and actively supports charitable causes through his foundation.
Jordan Farmar turned championship rings into business wins. The former Lakers point guard who celebrated two NBA titles now commands a net worth built from a decade-long basketball career and smart moves in the business world. His story goes beyond the hardwood.
Born in Los Angeles and raised between two cultures, Farmar made his mark as a backup guard who knew his role and played it well. After retiring from professional basketball in 2017, he shifted his focus to entrepreneurship and philanthropy. Today, his wealth reflects years of NBA contracts, overseas deals, and a thriving business venture in the health and wellness industry.
This article covers: Jordan Farmar’s current net worth and how he built it, his earnings from basketball at all levels, his business ventures including CBDfx, and what the retired NBA star does today.
What Is Jordan Farmar Net Worth?
Jordan Farmar net worth stands at approximately $10 million as of 2024, according to multiple sources. His wealth comes from three main channels: NBA salaries, international basketball contracts, and post-retirement business investments.
During his professional basketball career, Farmar earned at least $18.7 million from NBA contracts alone. His highest single-season salary reached $4 million in 2012. Beyond the NBA, he signed a $15 million three-year deal with Turkish team Anadolu Efes and secured a $12 million contract with the New Jersey Nets.
The former point guard co-founded CBDfx, a wellness company that has become a major player in the CBD industry. This business venture significantly diversified his income after hanging up his jersey.
Early Career and NBA Success
Jordan Robert Farmar was born on November 30, 1986, in Los Angeles, California. His father, Damon Farmar, played minor league baseball. His mother, Melinda, raised him after his parents divorced when he was two. She later married Yehuda Kolani, an Israeli from Tel Aviv, which exposed Farmar to both African-American and Jewish traditions.
At Taft High School in Woodland Hills, Farmar averaged 27.5 points and 6.5 assists as a senior. He led the school to its first Los Angeles City championship. His performance earned him the Los Angeles Times High School Player of the Year award in 2003-04.
UCLA Dominance
Farmar attended UCLA for two seasons. As a freshman, he won the Pac-10 Freshman of the Year award and led the team in assists and free-throw percentage. His 13.2 points per game ranked first nationally among freshman guards.
In his sophomore year, Farmar helped UCLA reach the 2006 NCAA Championship game against Florida, though they lost 73-57. He left college after two years to enter the NBA Draft.
Lakers Championships and NBA Journey
The Los Angeles Lakers selected Farmar with the 26th pick in the first round of the 2006 NBA Draft. He spent his rookie season as a backup point guard behind Smush Parker, appearing in 72 games.
Farmar became a valuable bench player for the Lakers. He won NBA championships in 2009 and 2010, serving as a reliable backup who understood his role within the team’s system. Over four seasons with the Lakers, he contributed solid minutes and playoff experience.
In July 2010, Farmar signed a three-year, $12 million contract with the New Jersey Nets. He wanted more playing time after years behind Derek Fisher. During the 2011-12 season with the Nets, he posted career-high averages of 10.4 points and 5.0 assists per game.
Farmar played internationally during the 2011 NBA lockout, joining Maccabi Tel Aviv in Israel. He later signed with Anadolu Efes in Turkey, inking a three-year, $15 million deal with opt-out clauses. He returned to the Lakers for the 2013-14 season before brief stints with the Clippers, Grizzlies, and Kings.
Career Earnings Breakdown
| Source | Amount | Years |
|---|---|---|
| NBA Contracts | $18.7+ million | 2006-2017 |
| Turkish League (Anadolu Efes) | $15 million | 2012-2013 |
| New Jersey Nets | $12 million | 2010-2012 |
| Endorsements & Bonuses | Undisclosed | Throughout career |
Farmar averaged 7.7 points, 1.9 rebounds, and 2.9 assists per game across 504 NBA games. While not a star player, he maximized his value as a dependable backup point guard who could run an offense and defend multiple positions.
Business Ventures After Basketball
CBDfx: A Leading CBD Company
Farmar co-founded CBDfx, described as a leading company in the CBD industry. Founded in 2014, CBDfx focuses on high-quality cannabidiol wellness products, including tinctures, topicals, gummies, and capsules.
The company operates in over 25,000 retail locations across 21 countries. CBDfx ranked on the Inc. 5000 list of fastest-growing private companies in 2020 and has maintained steady growth in a competitive market.
Farmar’s involvement with CBDfx extends beyond financial investment. He uses his platform to educate consumers about health and wellness products, positioning himself as an advocate for natural alternatives.
Real Estate Holdings
Farmar owns multiple properties, including an apartment building in Southern California. In 2020, he built a custom home in Southern Highlands, Las Vegas, valued at $3.5 million. The 6,550-square-foot residence sits on a half-acre lot and features three bedrooms, a theater, yoga room, five-car garage, and a $350,000 pool.
He previously owned the 2016 New American Home in MacDonald Highlands, Henderson, which was showcased at the International Builders’ Show. Farmar sold properties in Tarzana for $2.8 million in 2019 and in Beverly Hills for $8 million in 2018, demonstrating active real estate portfolio management.
Other Business Interests
Farmar owned Dream Adult Day Care, though it closed during the COVID-19 pandemic. His diverse business portfolio shows a calculated approach to building wealth beyond basketball earnings.
Philanthropy and Community Work
In September 2008, Farmar participated in the Chabad Telethon, making 37 free throws in 90 seconds and raising $66,600. Rabbi Chaim Cunin called him “a real mensch” for his charitable efforts.
The money went to the Jordan Farmar Foundation, run by his mother, which assists at-risk youth and children receiving cancer treatment at Mattel Children’s Hospital UCLA.
Farmar led a basketball camp for Israeli and Palestinian children in 2008, promoting unity through sports. He also started Hoop Farm, a children’s basketball camp at UCLA that emphasizes eco-friendly behavior.
His philanthropic work reflects his multicultural background. He holds dual American and Israeli citizenship and has worked to bridge communities through basketball and charitable initiatives.
Personal Life and Current Activities
Farmar married Jill Oakes, a former professional soccer player, in July 2012. The couple has two daughters and resides in Las Vegas, Nevada. They chose Vegas as their primary residence for tax benefits and lifestyle preferences.
After retirement, Farmar pursued various interests. In 2022, he trained to become a private pilot and successfully passed his exams. He also took up carpentry as a hobby, helping build his custom home in Southern Highlands.
Farmar stays connected to basketball through mentorship and occasional public appearances. He shares insights about his career with young athletes and remains active in the Los Angeles basketball community.
How Jordan Farmar Compares to Other NBA Players
Farmar’s $10 million net worth places him in the middle tier of NBA players. While superstars command fortunes exceeding $100 million, role players like Farmar who enjoyed solid careers typically accumulate between $5-25 million.
His success with CBDfx sets him apart from many retired players. The wellness company’s growth provides ongoing income streams that supplement his basketball earnings. This business acumen demonstrates the value of planning for life after sports.
Many NBA players struggle financially after retirement. Farmar’s diverse investments in real estate, wellness products, and other ventures show a proactive approach to wealth management.
Frequently Asked Questions
How much did Jordan Farmar make in the NBA?
He earned at least $18.7 million from NBA contracts during his 10-year career, with his peak salary reaching $4 million in 2012.
What is Jordan Farmar doing now?
He runs CBDfx, manages real estate investments, pursues hobbies like piloting and carpentry, and engages in philanthropic work through his foundation.
Did Jordan Farmar win any championships?
Yes, he won two NBA championships with the Lakers in 2009 and 2010 as a backup point guard.
What is CBDfx worth?
The company’s exact valuation is private, but it operates in 25,000+ retail locations across 21 countries and ranks among top CBD brands.
Where does Jordan Farmar live?
He resides in Las Vegas, Nevada, in a custom-built home in the Southern Highlands neighborhood with his wife and two daughters.
Jordan Farmar net worth reflects a career built on smart decisions both on and off the court. His $10 million fortune comes from maximizing his value as an NBA role player, securing lucrative international contracts, and investing in business ventures like CBDfx.
His journey shows that championship success doesn’t always mean superstar status. Farmar understood his role, executed it consistently, and translated that same discipline into business. From raising $66,600 in charity money to building a thriving wellness company, he continues to impact communities beyond basketball.
The former Lakers guard proves that financial success after sports requires planning, diversification, and a willingness to pursue opportunities outside your comfort zone. His story offers a blueprint for athletes looking to build lasting wealth beyond their playing days.
For more insights into how modern icons navigate fame and fortune, visit EarlyMagazine UK—where boundary-breaking careers and financial wisdom come together.
