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Pat Connaughton is an American skilled basketball participant and actual property developer who has a internet price of $40 million. Pat Connaughton has earned greater than $52 million in NBA wage whereas taking part in for the Portland Path Blazers, Milwaukee Bucks and Charlotte Hornets. His wage for the 2026-27 season is $3.8 million.<\/p>\n
Connaughton grew to become greatest recognized to basketball followers as a reliable reserve for the Milwaukee Bucks. He performed an essential position within the franchise’s 2021 NBA championship, offering exterior taking pictures, rebounding, athleticism and defensive versatility. He spent seven seasons with Milwaukee earlier than being traded to Charlotte in 2025.<\/p>\n
Pat’s accomplishments away from basketball might finally overshadow his NBA profession. He’s the founder and CEO of Three Leaf Companions, an actual property improvement firm whose accomplished, lively and proposed tasks have a mixed worth of greater than $600 million. That determine represents the gross worth of the agency’s developments, not Connaughton’s private possession. The tasks are financed by financial institution loans, exterior traders and improvement companions.<\/p>\n
Patrick Bergin Connaughton was born on January 6, 1993, in Arlington, Massachusetts. His father, Leonard Connaughton, owned Connaughton Brothers Development and labored as a normal contractor all through the larger Boston space.<\/p>\n
Pat grew up round development websites and spent his summers working for his father’s enterprise. His obligations included hauling Sheetrock, filling dumpsters and performing different bodily jobs. Leonard additionally taught him how development prices, planning errors and wasted supplies might have an effect on a undertaking’s profitability.<\/p>\n
Connaughton attended St. John’s Preparatory College in Danvers, Massachusetts, the place he competed in basketball, baseball and soccer. He performed quarterback in soccer and developed into one of many state’s main basketball gamers and pitching prospects.<\/p>\n
The San Diego Padres chosen him within the fiftieth spherical of the 2011 Main League Baseball Draft. Connaughton declined to signal and enrolled on the College of Notre Dame, the place he was permitted to proceed taking part in each basketball and baseball.<\/p>\n
Connaughton performed 4 seasons for the Notre Dame basketball crew and three seasons for its baseball program. As a senior basketball participant, he helped Notre Dame win the 2015 ACC Match championship and advance to the Elite Eight of the NCAA Match.<\/p>\n
He completed his senior season averaging 12.5 factors and seven.4 rebounds per recreation and was named third-team All-ACC. Notre Dame got here near eliminating undefeated Kentucky within the Elite Eight earlier than dropping 68-66.<\/p>\n
As a pitcher, Connaughton possessed a fastball that would attain the mid-90s. The Baltimore Orioles chosen him with the 121st general choose within the fourth spherical of the 2014 MLB Draft.<\/p>\n
Baltimore gave Connaughton a signing bonus of roughly $428,000 and allowed him to return to Notre Dame for his senior basketball season. He briefly pitched for the Aberdeen IronBirds, posting a 2.45 earned run common in six appearances.<\/p>\n
Connaughton in the end selected basketball, though his baseball contract offered the cash that launched his actual property profession.<\/p>\n
The Brooklyn Nets chosen Connaughton with the forty first general choose within the 2015 NBA Draft. His draft rights have been instantly traded to the Portland Path Blazers as a part of a deal involving Mason Plumlee and Steve Blake.<\/p>\n
Connaughton performed sparingly throughout his first two seasons however step by step earned a spot in Portland’s rotation. Through the 2017-18 season, he appeared in all 82 video games and averaged 5.4 factors in 18 minutes per recreation.<\/p>\n
His time in Portland was additionally essential to his improvement as an investor. Connaughton, CJ McCollum, Damian Lillard, Ed Davis, Chris Kaman and different gamers usually mentioned investing, finance and getting ready for all times after basketball. A few of these conversations occurred within the crew’s steam room, which grew to become an off-the-cuff discussion board the place the gamers exchanged monetary concepts.<\/p>\n
McCollum finally grew to become the third exterior investor in Connaughton’s actual property enterprise and continued investing in his tasks over a number of years.<\/p>\n
Connaughton signed with the Milwaukee Bucks in 2018. His mixture of three-point taking pictures, rebounding and athleticism helped him develop right into a beneficial reserve.<\/p>\n
He competed within the 2020 NBA Slam Dunk Contest, ending third after performing a dunk impressed by “White Males Cannot Soar” and leaping over teammate Giannis Antetokounmpo.<\/p>\n
Connaughton’s most vital season got here in 2020-21. He appeared in all 23 of Milwaukee’s playoff video games because the Bucks superior to the NBA Finals and defeated the Phoenix Suns in six video games. Through the Finals, Connaughton averaged 9.2 factors and 5.8 rebounds whereas making greater than 44% of his three-point makes an attempt.<\/p>\n
His greatest statistical season got here in 2021-22, when he averaged 9.9 factors, 4.2 rebounds and 1.3 assists per recreation. In April 2025, he scored a career-high 43 factors and picked up 11 rebounds in an extra time victory over the Detroit Pistons.<\/p>\n
(Photograph by Lachlan Cunningham\/Getty Photographs)<\/p>\n<\/div>\n
Milwaukee traded Connaughton and two future second-round draft picks to the Charlotte Hornets in July 2025 in alternate for Vasilije Mici\u0107. The commerce allowed Milwaukee to take away Connaughton’s $9.4 million wage from its payroll.<\/p>\n
Charlotte waived Connaughton in February 2026 whereas making a collection of roster strikes. The Hornets re-signed him 5 days later to a two-year contract that included a crew possibility for the 2026-27 season.<\/p>\n
Charlotte subsequently exercised that possibility, retaining Connaughton at a wage of roughly $3.8 million. Along with his position on the court docket, he offered veteran management to a younger Hornets roster.<\/p>\n
Connaughton signed a three-year, $2.5 million rookie contract with Portland after getting into the NBA in 2015.<\/p>\n
In 2018, he signed a two-year, $3.36 million contract with Milwaukee. The Bucks re-signed him in 2020 below a three-year, $16 million deal.<\/p>\n
Connaughton signed a three-year, $28.3 million extension in 2022. The contract paid a median of roughly $9.4 million per season and included a participant possibility for 2025-26, which he exercised earlier than being traded to Charlotte.<\/p>\n
As a result of Charlotte remained chargeable for his unique assured wage and later signed him to a different contract after waiving him, Connaughton acquired roughly $10.7 million in whole money compensation through the 2025-26 season.\u00a0By way of the tip of that season, Pat Connaughton earned roughly $52.4 million in NBA wage. His $3.8 million Charlotte possibility elevated his potential profession earnings to greater than $56 million.<\/p>\n
Pat Connaughton’s actual property investments have develop into considerably well-known in NBA circles. In a July 2026 interview, Pat’s onetime teammate, CJ McCollum, implied that “Pat’s acquired like a half-a-billion-dollar [real estate] portfolio.” Here is what is going on on:<\/p>\n
Pat has been making actual property investments from the second he joined the NBA. He used a part of his $428,000 signing bonus from the Baltimore Orioles to purchase and renovate a home close to Notre Dame. After finishing two extra home flips throughout his early NBA years, Connaughton started elevating cash from teammates, different athletes and enterprise executives to pursue bigger developments.<\/p>\n
He later partnered with veteran Milwaukee developer Matt Burow to type Three Leaf Companions. The corporate expanded into giant multifamily, mixed-use and industrial tasks and grew to 19 workers and roughly 240 traders, together with 62 skilled athletes. Connaughton has stated Three Leaf accomplished $175 million of improvement in a single yr, raised $75 million from traders and had greater than 1,200 residential models below development.<\/p>\n
Three Leaf’s whole portfolio has been valued at greater than $600 million. Nevertheless, that doesn’t imply Connaughton personally owns $600 million price of actual property. The determine represents the gross worth of tasks managed or managed by the agency, together with properties financed with debt and outdoors investor capital.<\/p>\n
Right here is a few illustrative serviette math:<\/p>\n
Complete portfolio worth: $600 million Estimated debt: Business developments generally use 65% to 75% leverage. Assuming 70% debt, Three Leaf’s tasks would carry roughly $420 million in development loans and mortgages. Remaining fairness: Subtracting the estimated debt leaves roughly $180 million of fairness throughout the portfolio. Exterior investor fairness: If restricted companions provided 85% of that fairness, exterior traders would account for about $153 million. Three Leaf’s share: The remaining 15%, or roughly $27 million, would symbolize fairness contributed by Three Leaf, Connaughton and the agency’s different inner companions.<\/p>\n
Connaughton wouldn’t personally personal your entire $27 million. That fairness can be divided amongst him, Burow, different companions and the corporate itself. His private monetary curiosity seemingly comes from a number of separate sources:<\/p>\n
Direct actual property investments: If Connaughton invested roughly $8 million of his NBA earnings into Three Leaf tasks, these holdings might now be price round $11 million as developments have been accomplished, leased and stabilized. Carried curiosity: Three Leaf might obtain a normal associate “promote,” giving the developer a bigger share of income after exterior traders earn an agreed-upon return. Connaughton’s amassed share might plausibly be price round $5 million. Possession of Three Leaf: The working firm earns improvement charges, asset-management charges and different compensation for locating, financing, constructing and overseeing tasks. An organization with 19 workers and $175 million of improvement exercise in a single yr might conceivably be price $15 million to $25 million. Assuming Connaughton owns a controlling stake, his curiosity may very well be price roughly $10 million.<\/p>\n
Utilizing these assumptions, Connaughton’s actual property wealth might break down roughly as follows:<\/p>\n
Direct actual property fairness: $11 million Carried curiosity and improvement income: $5 million Estimated worth of his Three Leaf possession: $10 million Complete estimated actual estate-related wealth: $26 million<\/p>\n
Connaughton married skilled soccer participant Ryan Gareis in 2026. Their son, Crew Leo Connaughton, was born in Might 2024.<\/p>\n
He established the Pat Connaughton Basis throughout his rookie NBA season. The group started by working basketball camps and clinics earlier than increasing by its Connaughton Courts initiative.<\/p>\n
The muse has donated dozens of athletic courts and greater than $3.5 million to group tasks. Connaughton has estimated that the courts have served almost 150,000 younger athletes, offering everlasting areas the place youngsters can develop teamwork, self-discipline, accountability and management abilities.<\/p>\n<\/div>\n
All internet worths are calculated utilizing information drawn from public sources. When offered, we additionally incorporate non-public suggestions and suggestions acquired from the celebrities or their representatives. Whereas we work diligently to make sure that our numbers are as correct as doable, except in any other case indicated they’re solely estimates. We welcome all corrections and suggestions utilizing the button beneath.<\/p>\n