Trae Young is no longer an Atlanta Hawk. In February 2026, after eight seasons in Atlanta, the four-time All-Star was traded to the Washington Wizards — and days later listed his Atlanta mansion for $8.17 million. His $20 million Calabasas estate remains the crown jewel of a portfolio built on one of the NBA’s biggest contracts.
Who Is Trae Young?
Rayford Trae Young, born September 19, 1998, in Lubbock, Texas, became a college basketball phenomenon at the University of Oklahoma before being drafted 5th overall in the 2018 NBA Draft. The 6-foot-1 point guard spent eight seasons with the Atlanta Hawks, becoming a four-time NBA All-Star known for deep three-pointers and elite playmaking. CelebrityNetWorth estimates his net worth at around $50 million.
The 2026 Trade to Washington
In February 2026, after eight years in Atlanta, Young was traded to the Washington Wizards at the trade deadline. His 2025–26 season had been wrecked by injuries — including a right MCL injury — limiting him to 15 games combined across both teams. In June 2026 he declined his $48.97 million player option and then agreed to a new four-year deal worth approximately $212 million to stay with the Wizards, with a player option in the fourth year (ESPN’s Shams Charania).
The $20 Million Calabasas Mansion
Young’s most significant purchase remains the French Provincial-style mansion in Calabasas, California, bought in late 2022 for $20 million. The estate — previously owned by NFL linebacker Clay Matthews, who custom-built it — spans 14,021 square feet on a 1.63-acre lot in the double-gated Estates at The Oaks community, with seven bedrooms and eleven bathrooms. Reported amenities include a 15-seat movie theater, saltwater pool and spa, wine cellar, gym, sauna, elevator, guest house and a nine-car subterranean garage.
Atlanta Mansion Listed for $8.17 Million
Days after the February 2026 trade, Young listed his Atlanta mansion for $8.17 million (Mansion Global) — a clear sign his long chapter in Georgia was closing as his Washington era began.
Norman, Oklahoma Home
In 2019 Young bought his first house in Norman, Oklahoma — his hometown — for $1.5 million: an 8,100-square-foot home with five bedrooms, six bathrooms and a pool, keeping him connected to his roots.
Editor’s note (3 November 2026): this article was fully refreshed. The post previously described Young as an Atlanta Hawks player and carried unverified claims about custom upgrades to the Calabasas home; it now reflects the February 2026 trade to the Washington Wizards, the $212 million contract and the $8.17 million Atlanta listing, with unverifiable interior claims removed.
