Yao Ming

Yao Ming Net Worth 2025: Earnings & Career

Yao Ming is a renowned Chinese basketball player and executive born on September 12, 1980. Known for his impressive career with the Shanghai Sharks and the Houston Rockets, Yao Ming has become a household name both in China and globally. This article will delve into his age, biography, physical attributes, relationship status, net worth, career achievements, business ventures, educational background, and social media presence.

Personal Profile About Yao Ming

Age, Biography and Wiki

Yao Ming was born on September 12, 1980, in Shanghai, China, to a family deeply involved in basketball. His parents, both basketball players, encouraged his early interest in the sport. Yao Ming stands as one of the most successful Chinese exports to the NBA, drafted first overall by the Houston Rockets in 2002. His career was marked by numerous accolades, including eight NBA All-Star selections.

Occupation Basketball Players
Date of Birth 12 September 1980
Age 44 Years
Birth Place N/A
Horoscope Virgo
Country

Height, Weight & Measurements

Yao Ming is exceptionally tall, standing at 7 feet 6 inches (2.29 meters) and weighing 296 pounds (134.3 kg). His height and skill made him a dominant force on the court during his playing career.

Height 7 feet 6 inches
Weight 3 kg
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Dating & Relationship Status

Yao Ming is married to Ye Li, a former basketball player. The couple has one child together. Yao Ming's personal life is often kept out of the spotlight, but his marriage to Ye Li has been a subject of interest among fans.

After Yao announced that he would enter the 2002 NBA draft, he told one American journalist that he had been studying English for two years, and that he liked the movie Star Wars but disliked hip hop. He was sometimes accompanied during interviews in Shanghai by one of his parents, whose basketball careers were derailed by the 1966–76 Cultural Revolution, and who came to his Shanghai Sharks games on bicycles. Yao met Chinese female basketball player Ye Li when he was 17 years old. Ye was not fond of Yao at first, but finally accepted him after he gave her the team pins he had collected during the 2000 Summer Olympics. She is the only woman he has ever dated. Their relationship became public when they appeared together during the 2004 Olympics closing ceremony. On August 6, 2007, Yao and Ye married in a ceremony attended by close friends and family and closed to the media.

In 2004, Yao co-wrote an autobiography with ESPN sportswriter Ric Bucher, entitled Yao: A Life in Two Worlds. In the same year, he was also the subject of a documentary film, The Year of the Yao, which focuses on his NBA rookie year. The film is narrated by his friend and interpreter, Colin Pine. In 2005, former Newsweek writer Brook Larmer published a book entitled Operation Yao Ming, in which he said that Yao's parents were convinced to marry each other so that they would produce a dominant athlete, and that during Yao's childhood, he was given special treatment to help him become a great basketball player. In a 2015 AMA post on Reddit, Yao stated that this was not true and that he started playing basketball for fun at age 9. In 2009, Yao provided the voice for a character of a Chinese animated film, The Magic Aster, released on June 19.

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Net Worth and Salary

As of 2025, Yao Ming's net worth is estimated to be around $180 million, primarily from his successful NBA career and substantial endorsement deals. Throughout his NBA tenure, he earned approximately $93 million in salary alone. His highest annual salary was $17.6 million during his final season with the Houston Rockets in 2010-2011. Adjusted for inflation, his total NBA earnings are significantly higher.

Yao was pressured to enter the NBA draft in 1999 by Li Yaomin, the deputy general manager of the Shanghai Sharks. Li also influenced Yao to sign a contract for Evergreen Sports Inc. to serve as his agent. The agreement entitled Evergreen to 33% of Yao's earnings, but the contract was later determined to be invalid.

As American attention on Yao grew, Chinese authorities also took interest. In 2002, the Chinese government released new regulations that would require him and other Chinese players to turn over half of any NBA earnings to the government and China's national basketball association, including endorsements as well as salaries.

In July 2009, Yao discussed the injury with his doctors, and the Rockets applied for a disabled player exception, an exception to the NBA salary cap which grants the injured player's team money to sign a free agent. The Rockets were granted the exception, and used approximately $5.7 million on free agent Trevor Ariza. After weeks of consulting, it was decided that Yao would undergo surgery in order to repair the broken bone in his left foot. He did not play the entire 2009–10 season.

Yao is one of China's most recognizable athletes, along with Liu Xiang. As of 2009, he had led Forbes' Chinese celebrities list in income and popularity for six straight years, earning US$51 million (CN¥357 million) in 2008. A major part of his income comes from his sponsorship deals, as he is under contract with several major companies to endorse their products. He was signed by Nike until the end of his rookie season. When Nike decided not to renew his contract, he signed with Reebok. He also had a deal with Pepsi, and he successfully sued Coca-Cola in 2003 when they used his image on their bottles while promoting the national team. He eventually signed with Coca-Cola for the 2008 Olympics. His other deals include partnerships with Visa, Apple, Garmin, and McDonald's.

Business and Investments

After retirement, Yao Ming has been involved in various business ventures. He owns a vineyard in Napa Valley and has invested in other businesses, including a winery in China. His endorsement deals continue to be lucrative, contributing significantly to his net worth.

Yao is one of China's best-known athletes internationally, with sponsorships with several major companies. His rookie year in the NBA was the subject of a documentary film, The Year of the Yao, and he co-wrote, along with NBA analyst Ric Bucher, an autobiography titled Yao: A Life in Two Worlds. Known in China as the "Yao Ming Phenomenon" and in the United States as the "Ming Dynasty", Yao's success in the NBA, and his popularity among fans, made him a symbol of a new China that was both more modern and more confident. Yao is also an entrepreneur and owner of Yao Family Wines in Napa Valley, California.

In April 2016, Yao was elected into the Naismith Memorial Basketball Hall of Fame, alongside Shaquille O'Neal and Allen Iverson, becoming the first Chinese national to be inducted into the Hall of Fame. In February 2017, Yao was unanimously elected as chairman of the Chinese Basketball Association. Yao had a storied career as a member of the Chinese national team. With the national team, Yao won the FIBA Asia Cup in 2001, 2003, and 2005, winning MVP of the tournament all three times. He also made the All-Tournament Team at the FIBA World Cup in 2002. Yao retired from the Chinese national team after the 2008 Beijing Olympics.

Yao first tried out for the Shanghai Sharks' junior team of the Chinese Basketball Association (CBA) when he was 13 years old, and practiced ten hours a day for his acceptance. After playing with the junior team for four years, Yao joined the Sharks' senior team, where he averaged 10 points and 8 rebounds a game in his rookie season. His next season was cut short when he broke his foot for the second time in his career, which Yao said decreased his jumping ability by four to six inches (10 to 15 cm). The Sharks made the finals of the CBA in Yao's third season and again the next year, but lost both times to the Bayi Rockets. When Wang Zhizhi left the Bayi Rockets to become the first NBA player from China the following year, the Sharks finally won their first CBA championship. During the playoffs in his final year with Shanghai, Yao averaged 38.9 points and 20.2 rebounds a game, while shooting 76.6% from the field, and made all 21 of his shots during one game in the finals.

In Yao's first game in Miami on December 16, 2002, the Heat passed out 8,000 fortune cookies, an East Asian cultural stereotype. Yao was not angry with the promotion because he was not familiar with American stereotypes of Chinese. In an earlier interview in 2000, Yao said he had never seen a fortune cookie in China and guessed it must have been an American invention.

Before Yao's first meeting with Shaquille O'Neal on January 17, 2003, O'Neal said, "Tell Yao Ming, ching chong-yang-wah-ah-soh", prompting accusations of racism. O'Neal denied that his comments were racist, and said he was only joking. Yao also said he believed O'Neal was joking, but he said a lot of Asians would not see the humor. In the game, Yao scored the Rockets' first six points of the game and blocked O'Neal twice in the opening minutes as well as altering two other shots by O'Neal, all 4 of those attempts coming right at the rim, and made a game-sealing dunk with 10 seconds left in overtime. Yao finished with 10 points, 10 rebounds, and 6 blocks; O'Neal recorded 31 points, 13 rebounds, and 0 blocks. O'Neal later expressed regret for the way he treated Yao early in his career.

Before the start of Yao's sophomore season, Rockets' head coach Rudy Tomjanovich resigned because of health issues, and long-time New York Knicks head coach Jeff Van Gundy was brought in. After Van Gundy began focusing the offense on Yao, Yao averaged career highs in points and rebounds for the season, and had a career-high 41 points and 7 assists in a triple-overtime win against the Atlanta Hawks in February 2004. He was also voted to be the starting center for the Western Conference in the 2004 NBA All-Star Game for the second straight year. Yao finished the season averaging 17.5 points and 9.0 rebounds a game. The Rockets made the playoffs for the first time in Yao's career, claiming the seventh seed in the Western Conference. In the first round, however, the Los Angeles Lakers eliminated Houston in five games. Yao averaged 15.0 points and 7.4 rebounds in his first playoff series.

Despite Yao's absence, the Rockets made the playoffs with the home court advantage against the Utah Jazz in the first round. The Rockets won the first two games, but then lost four of five games and were eliminated in Game 7 at home; Yao scored 29 points—15 in the fourth quarter. Although he averaged 25.1 points and 10.3 rebounds for the series, Yao said afterwards "I didn't do my job". At the end of the season, Yao was selected to the All-NBA Second Team for the first time in his career, after being selected to the All-NBA Third Team twice.

The next season, Yao played 77 games, his first full season since the 2004–05 season, and averaged 19.7 points and 9.9 rebounds, while shooting 54.8% from the field, and a career-high 86.6% from the free throw line. Despite McGrady suffering a season-ending injury in February, the Rockets finished with 53 wins and the fifth seed in the Western Conference. Facing the Portland Trail Blazers in the first round, Yao finished with 24 points on 9-of-9 shooting in the first game, and the Rockets won 108–81, in Portland. The Rockets won all their games in Houston, and advanced to the second round of the playoffs for the first time since 1997, and the first time in Yao's career.

The Rockets faced the Lakers in the second round, and Yao scored 28 points, with 8 points in the final four minutes, to lead the Rockets to a 100–92 win in Los Angeles. However, the Rockets lost their next two games, and Yao was diagnosed with a sprained ankle after Game 3. A follow-up test revealed a hairline fracture in his left foot, and he was ruled out for the remainder of the playoffs. In reaction, Yao said the injury, which did not require surgery, was "better than last year". However, follow-up analysis indicated that the injury could be career threatening. The Yao-less Rockets went on to win Game 4 against the Lakers to even the series 2–2. The Rockets eventually lost the series in seven games.

After having surgery to repair his fractured foot, Yao stated if he could not play in the 2008 Summer Olympics in Beijing, "It would be the biggest loss in my career to right now." He returned to play with the Chinese national team on July 17, 2008. On August 6, Yao carried the Olympic flame into Tiananmen Square, as part of the Olympic torch relay. He also carried the Chinese flag and led his country's delegation during the opening ceremony. Yao scored the first basket of the game, a three-pointer, in China's opening 2008 Olympics Basketball Tournament game against the eventual gold medal-winning United States.

Yao has also participated in many charity events during his career, including the NBA's Basketball Without Borders program. In the NBA's offseason in 2003, Yao hosted a telethon, which raised US$300,000 to help stop the spread of SARS. In September 2007, he held an auction that raised US$965,000 (CN¥6.75 million), and competed in a charity basketball match to raise money for underprivileged children in China. He was joined by fellow NBA stars Steve Nash, Carmelo Anthony, and Baron Davis, and Hong Kong actor Jackie Chan. After the 2008 Sichuan earthquake, Yao donated $2 million to relief work and created the Yao Ming Foundation to help rebuild schools destroyed in the earthquake.

Social Network

Yao Ming maintains a strong presence on Chinese social media platforms but is less active on Western platforms like Twitter or Instagram. His popularity in China is immense, and he uses his influence to support various causes and promote sports development.

Education

Yao Ming's educational background is somewhat limited due to his early focus on basketball. However, his experiences both in China and in the United States have equipped him with a broad understanding of the sports industry and entrepreneurship.

In summary, Yao Ming is a celebrated figure in basketball with a remarkable career and a substantial net worth. His influence extends beyond sports into business and cultural realms, making him one of the most successful Chinese athletes globally.

He is the only child of 6 ft Yao Zhiyuan and 6 ft Fang Fengdi, both of whom were former professional basketball players. At 11 lb, Yao weighed more than twice as much as the average Chinese newborn. When Yao was nine years old, he began playing basketball and attended a junior sports school. The following year, Yao measured 5 ft and was examined by sports doctors, who predicted he would grow to 7 ft.

When Yao decided to enter the 2002 NBA draft, a group of advisers was formed that came to be known as "Team Yao". The team consisted of Yao's negotiator, Erik Zhang; his NBA agent, Bill Duffy; his Chinese agent, Lu Hao; University of Chicago economics professor John Huizinga; and the vice president for marketing at BDA Sports Management, Bill Sanders. Yao was widely predicted to be picked number one overall. However, some teams were concerned about Yao's NBA eligibility because of uncertainty over whether the CBA would let Yao play in the United States.

Shortly after Wang Zhizhi refused to return to China to play for the national team and was subsequently banned from playing for China, the CBA stipulated that Yao would have to return to play for the national team. They also said they would not let him go to the United States unless the Houston Rockets would take him first overall. After assurances from Team Yao that the Rockets would draft Yao with their number one pick, the CBA gave permission on the morning of the draft for Yao to play in the U.S. When the Rockets selected Yao with the first pick of the draft, he became the first international player ever to be selected first overall without having previously played U.S. college basketball.

Yao enrolled at the Antai College of Economics & Management of Shanghai Jiao Tong University in 2011. He took a tailored degree program with mostly one-on-one lectures to avoid being a distraction on campus. Yao completed his studies in July 2018, graduating with a degree in economics after 7 years of study.

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