Tim Hardaway, now 58 years old (born September 1, 1966), is a former NBA superstar, coach, and proud father of another basketball star, Tim Hardaway Jr. His name is forever etched in basketball history for his electrifying crossover move—the “UTEP two-step”—that left defenders grasping at air. But his journey extends far beyond the court, filled with highs, lows, financial lessons, and personal growth. So, let’s dive into the story of Tim Hardaway’s net worth, career, and family life in 2025.
Tim Hardaway’s Net Worth in 2025
As of 2025, Tim Hardaway’s net worth is estimated to be $10 million. While that’s a solid fortune, it’s modest compared to today’s NBA contracts. During his playing days, Hardaway earned approximately $46 million in salary alone, a figure that now seems small compared to his son, Tim Hardaway Jr., who has tripled his father’s career earnings thanks to skyrocketing NBA salaries.
However, financial troubles knocked on Hardaway’s door in 2010, when he found himself facing tax issues. The IRS slapped a lien on his Miami mansion over a $120,000 tax debt. In a surprising turn of events, he ended up selling his home to the Miami Heat for $1.985 million to help resolve his financial struggles. The Heat later resold the house in 2013 for $2.3 million.
Despite those challenges, Hardaway has maintained a comfortable lifestyle, thanks to post-retirement roles as a coach, analyst, and mentor in the basketball world.
A Basketball Journey That Defined an Era
Born and raised in Chicago, Illinois, Hardaway honed his skills at Carver Area High School before heading to the University of Texas at El Paso (UTEP). Under legendary coach Don Haskins, he made a name for himself, and it was there that he developed his famous crossover dribble.
NBA Career Highlights
- Golden State Warriors (1989-1996) – Hardaway was drafted 14th overall in the 1989 NBA Draft. He quickly became a key part of the high-scoring trio “Run TMC” alongside Chris Mullin and Mitch Richmond. His lightning-quick handles and scoring ability made him a fan favorite.
- Miami Heat (1996-2001) – Traded midseason, Hardaway played his best basketball in Miami. He led the Heat to a franchise-record 61 wins in 1997 and finished fourth in MVP voting that season. He was a five-time NBA All-Star and had his No. 10 jersey retired by the Heat.
- Dallas Mavericks, Denver Nuggets & Indiana Pacers (2001-2003) – As he aged, Hardaway’s role diminished, but he still contributed as a veteran leader before retiring in 2003.
- Olympic Gold Medal (2000) – Representing Team USA in Sydney, Hardaway helped the squad secure gold, adding another accolade to his illustrious career.
Personal Life: Family, Controversies & Redemption
Tim Hardaway is married to Yolanda Hardaway, and they have two children, Nina and Tim Hardaway Jr. His son, Tim Jr., has carved out his own NBA career, playing for teams like the Dallas Mavericks and New York Knicks. With career earnings surpassing his father’s by threefold, Tim Jr. is a shining example of how the next generation has taken NBA wealth to new heights.
Controversy & Growth
Despite his success, Hardaway faced a major public backlash in 2007 when he made deeply homophobic remarks. His comments led to immediate consequences, including being removed from NBA All-Star Weekend activities and losing roles within basketball organizations.
Over time, Hardaway made efforts to right his wrongs. In 2013, he publicly supported same-sex marriage and was reportedly the first to sign a petition advocating for its legalization in Florida. He even personally reached out to Jason Collins, the first openly gay active NBA player, to show support. His journey from making controversial statements to becoming an ally for LGBTQ+ rights showcases significant personal growth.
Where Is Tim Hardaway Now?
Since retiring, Hardaway has stayed connected to basketball. He’s worked as a coach, mentor, and even served as an NBA analyst on ESPN. Most recently, he was inducted into the Naismith Memorial Basketball Hall of Fame in 2022, a recognition of his legendary career.
Even though he faced financial troubles and personal setbacks, Hardaway remains a respected figure in the basketball world. His story is one of talent, redemption, and perseverance—a reminder that success isn’t just about how you start, but how you evolve over time.