Erica Wheeler Net Worth: NIL Deal, Contract, Salary, Investments and More

With a 5 feet and 7 inches stature, Erica Wheeler is the star guard of the WNBA who has been playing in the league for a long time since 2015. Wheeler stands out in her presence in the WNBA since she went undrafted in her draft class. Yet she was able to bounce back and performed in the training camps of the Atlanta Dream. She got some chance to prove herself with the New York Liberty, but it could last for just 17 games in the 2015 season. Later on, her luck turned upside down when she signed with the Indiana Fever as a player and played 34 games for the team.

Since then, Wheeler has been an integral part of the league teams as well as a WNBA season. Her playing time was reduced drastically in the last season due to deteriorating performance. In her career so far, she has built her reputation for starting from scratch, and that's why she holds potential for great storytelling for brands. She was even undrafted in 2013 and then became the sole undrafted player to get WNBA All-Star Game MVP in 2019. Today, we will explore the financial portfolio of Erica Wheeler, including her college deals.

Erica Wheeler NIL Deal

Erica Wheeler came much before in the league, unlike collegiate athletes benefiting from the NCAA’s Name, Image, and Likeness (NIL) policy. She was there in the game even before the rules were introduced. Since NIL rules don’t apply to professional WNBA players, Erica does not have NIL deals in the conventional sense. However, she built her personal identity with the hustle she went through during the phase when she went undrafted. Therefore, the brands connected more with her when she gained success.

In other words, the name she had built for herself by overcoming adversity became her style of play. Wheeler blossomed during the clutch moments and made sure that the brands connect with her if not at the college level, then in the pro-basketball world.

Erica Wheeler Contract

Erica Wheeler has signed multiple WNBA contracts over her career. The first one that she signed with Indiana has not been disclosed yet, but it was expected to be a rookie contract. Later on in 2019, she again signed with Fever for 2 years, worth $161,600. Thereafter, she was signed by the Los Angeles Sparks on February 3, 2021, for a 2-year $365,400 contract.

After a two-year stint with the Sparks, Erica Wheeler moved to the Indiana Fever once again in 2023 and inked a 2 year $404,308 contract with the squad. However, due to changed priorities of the Indiana Fever this offseason, Erica Wheeler was not signed against, and that's why the Seattle Storm signed her for one year. This time it is a $78,831 one-year contract with all guaranteed money. Moreover, there is no player option for her, which means she will be an unrestricted free agent from next season.

• Team: Seattle Storm

• Contract Duration: 1 Year

• Total Value: $78,831

• Annual Average Salary: $78,831

• Guaranteed Money: $78,831

Such deals often also include bonuses, which can be estimated as follows based on the reports. However, there is no confirmation about it.

• All-Star selection bonus: $10,000

• Playoff appearance bonus: $5,000

• Assist/Steal leader bonus: $5,000

Erica Wheeler Salary

Currently, in the upcoming season, Erica Wheeler is set to earn about $78,831 while playing for the Seattle Storm. Apart from that, there is no knowledge about her future contracts or any other associations. The salary breakdown that is known in the public domain, as per the Spotrac data can be mentioned as follows:

Since the Indiana Fever squad prioritised Kelsey Mitchell and Sydney Colson for the 2025 season, Erica Wheeler is not continuing with the Fever team. Rather, she will play for the Seattle Storm squad in the upcoming season.

Erica Wheeler's Net Worth in 2025

Erica Wheeler’s net worth is estimated at $1.2 million in 2025 due to her long-lasting association with the WNBA. Her financial value comes from a mix of WNBA contracts, overseas play (countries like Turkey, Poland, Spain), brand endorsements, and smart financial planning. She started from the scratch and made sure that it was worth it when she moved up in her life. She never looked back and kept playing international leagues to stay competitive in the sport.

It is her on-court as well as off-court relations that led her to a place where it does not matter whether she was drafted or undrafted. Rather, she is known by her performance and nothing else.

Erica Wheeler Endorsements

The major highlight of Erica Wheeler was when she made it to the WNBA All-Star game in 2019 and even became the MVP of the event with her consistent performance. Such events boost popularity, and so it did for Erica Wheeler. Her story became the tag story for brands, and now they wanted to sign her since the story of redemption would prevail and make them profitable in various ways. Not only will it. increase the positive image of the brands, but also help Erica as an athlete. So let's look at the brands that supported Wheeler throughout her journey.

Adidas

Erica Wheeler signed an endorsement deal with Adidas in 2021. The deal is reportedly worth about $50,000 per year and includes promotional presence, participation in social media campaigns, along with gear allotment to the athlete. Erica's growth from Liberty City to WNBA force was a great story of branding for Adidas, which looks for qualities of perseverance in athletes, and Wheeler was the one for them.

Bird

After her inaugural All-Star season in 2019, things changed for Erica Wheeler in a different manner than before. She inked a deal with electric scooter rental company Bird, which sent her a scooter to use at the IMG Academy, where the 2021 season was supposed to be played.

DSBG

Wheeler is also the co-owner of DSBG, which is a Miami-based clothing brand. She even launched an interview series called “Undrafted Round Table Talk,” chatting with other undrafted athletes.

Fitlight

In another sponsorship move since signing with Miami-based marketing firm Distinction Agency, Wheeler has agreed to terms as an official. The technology company designs innovative exercise and training environments utilizing light sensors for customized scenarios that help players with reaction time, agility, and reflexes.

Distinction Agency

Wheeler also signed with brands during tough COVID times since she associated with the Miami-based marketing agency Distinction Agency to leverage her brand

Erica Wheeler Investments

After Erica rose from the ashes in her career, she made a shift in her attitude. She always thought that there was room for growth and improvement, and that's why she said to Front Office Sports in 2020, “I believe in growth and being the underdog, and we’ll work hard to get me deals and gigs, and we’ll keep growing.” So it might be safe to assume that, apart from the on-court success that she has, she also made sure that future assets remain in place to help Wheeler during her tough times. Today, we will check if Erica has made those arrangements or not.

• Real Estate: Reportedly, Erica owns rental properties in her hometown of Miami, Florida. So these earnings act as a source of passive income for her that continuously supports her expenses and makes sure that she is making ends meet.

• Startups and Stocks: Wheeler is also expected to be involved in technology startups through minority stakes investments or stocks. One of the brands is even on the endorsement list, which confirms how much Erica admires tech companies. Erica has also invested in a three-level restaurant in Atlanta known as Cliche Tapas & Wine.

• Brand Building: Wheeler has invested in building her own personal brand. It seems like she has plans to launch a youth basketball academy and apparel line, which are in early-stage development as of 2025. She even hired an agency to promote this brand and help Wheeler in monetising it for the purpose of getting a return on investment.

Erica Wheeler Cars

There is no proof available of Erica Wheeler's online showcase of her rides. However, as per report sources, Erica possesses the following set of cars in her garage to go on a ride. The first one of them is the tech-savvy Tesla Model Y, which comes at a cost of about $60 K in the market. Moreover, Erica is also expected to own a Mercedes-Benz GLE Coupe, which is a luxury SUV with a value of $75,000. She might not be a flashy athlete, but she does possess some luxuries considering the status of her cars.

Erica Wheeler House

Erica Wheeler owns a house in Miami, Florida, as per media reports. She bought it in 2021 at approximately $500,000 value with a location around Liberty City, Miami (renovated property). The property features 4 bedrooms, 3 bathrooms, a home gym, media room. Along with her primary real estate ownership, she also has a rental duplex in the same neighborhood where she grew up. Some say that it's about her contribution to the community, but there is no certainty to the rumors to date.