Richest nba players?

[CasterL]

ive been wondering this for a bit

i assume mj is fairly high on the list. Magics a succesful buisnessman though, hes gotta be up there 2. Lebrons gotta have a lot of money, although hes noway near done

anybody know for fact whos the all time richest?

[Richie2k6]

With all his endorsements for that many years, plus the fact that he's making money after he's retired, Jordan has to be the richest I would assume.

[JJ81]

Current players: Kobe, Shaq, Yao

[miller-time]

Current players: Kobe, Shaq, Yao

also lebron. maybe not yet?

[DuMa]

MJ is the richest baller
Shaq is the current active player thats the richest.

[bdreason]

Current players: Kobe, Shaq, Yao


Yao pays 50% of his paycheck in US Taxes, then pays 50% of what's left to China. I doubt that leaves him with the most of any NBA player.

[A.M.G.]

The richest ones by far are the ones who are big enough superstars to get major endorsement deals (Lebron, Shaq, Wade, Jordan, etc). Those endorsement contracts probably get them more money than their NBA salaries. Kobe probably screwed himself out of tens of millions by having that affair, even if he didn't rape the girl. The memory of that scandal makes him much less marketable.

It's also interesting that some of the best vintage players (Magic, Bird, KAJ) earned less on their careers than guys like Robert Whorey, since NBA salaries started sky-rocketing in the early-mid 90s.

[lolwut]

Yao pays 50% of his paycheck in US Taxes, then pays 50% of what's left to China. I doubt that leaves him with the most of any NBA player.


based on the homes he and his family reside in...

he ain't hurting either

[Mikaiel]

also lebron. maybe not yet?

LeBron was almost the most paid NBA player when he was still on his rookie contract. I think he's richer than Yao. But not Kobe/Shaq. Not yet.

[mrpuente]

Yao pays 50% of his paycheck in US Taxes, then pays 50% of what's left to China. I doubt that leaves him with the most of any NBA player.
If my calculations are correct then that doesnt leave him with anything?

[west]

I think KG is pretty loaded

[DCL]

wonder how much guys like dr. j receives per month from the nba.

[Kblaze8855]

Im reasonably sure Magic is the richest. Just a bit ahead of Jordan.

[itsmedamien]

Magic is the richest NBA player ever. Jordan made a lot of money and the end of this NBA career and endorsements, nothing compared to what KG or Shaq were making through the course of their careers. Jordan lost a lot of money because he spends like crazy and his divorce. Lebron is the only player in the L right now that has a chance to overtake Magic if he mananges his money right.

[Bigsmoke]

I think KG is pretty loaded

right. dude gets like 24 mil.

[NastaMaverick]

If my calculations are correct then that doesnt leave him with anything?
It leaves him with 25% of what he originally had.

[bdreason]

If my calculations are correct then that doesnt leave him with anything?

Your calculations are wrong.

Let's say Yao makes 20 million a year.

He would pay ~50% in US taxes, leaving him with 10 million.

Yao would then pay ~50% of that 10 million to China, or 5 million.

That would leave Yao with 5 million out of the 20 million earned, or ~25%.

[visirale]

LeBron was almost the most paid NBA player when he was still on his rookie contract. I think he's richer than Yao. But not Kobe/Shaq. Not yet.
That will come when Nike extends his endorsement contract.

MJ had a lot, but also didn't have the most important thing for a rich man: a prenup.

[BALLin01]

http://suevanpelt.files.wordpress.com/2008/10/allen_iverson_streetball.jpg

AI seems pretty rich

[martinas23]

KG got $25,000,000 from Adidas for saying "Impossible is nothing" after he won the championship.

[KobeRules24]

Yao pays 50% of his paycheck in US Taxes, then pays 50% of what's left to China. I doubt that leaves him with the most of any NBA player.

ummm? is this true? damn poor Yao

[bdreason]

ummm? is this true? damn poor Yao

Well you have to understand that China owns Yao. They raised him from a child; paid for all of his training, food, and shelter. Communism is a curious system.

[CasterL]

wonder how much guys like dr. j receives per month from the nba.

do retired dudes get anything?

[AznTacoLover]

I think Magic,Jordan,Shaq, and Lebron.

[mrpuente]

Your calculations are wrong.

Let's say Yao makes 20 million a year.

He would pay ~50% in US taxes, leaving him with 10 million.

Yao would then pay ~50% of that 10 million to China, or 5 million.

That would leave Yao with 5 million out of the 20 million earned, or ~25%.
ohhh, I read wrong.

[Sanity]

If the NBA had any respect for family it would obviously be Sprewell.

[Allstar24]

I know Kobe and LeBron were ranked #3 and #4 on Forbes top ten richest stars last year. Didn't see any other NBA players make that list so I'm not sure about how much the rest of the players make.

[Dresta]

Well you have to understand that China owns Yao. They raised him from a child; paid for all of his training, food, and shelter. Communism is a curious system.
I thin your understating it, they probably built him tbh.

And Magic is the richest he has enough monies to cure aids.

[CasterL]

I thin your understating it, they probably built him tbh.

And Magic is the richest he has enough monies to cure aids.

lol see south park for details

[Sanity]

lol see south park for details

all it takes is an injection. :D

[Showtime]

Didn't Lebron get a 250 mil Nike deal coming out of HS?

[Kobe Jnr]

Didn't Lebron get a 250 mil Nike deal coming out of HS?


nah man, he got 90 somethin million, and he hadn't played ONE single nba game.


Also i herd somewhere jordan's brand is worth like 500 million???

im not sure if im right though.

[Toizumi]

Didn't Lebron get a 250 mil Nike deal coming out of HS?

It was 90 mill
edit - Kobe Jnr posted it right before I did

NBA salaries have gone up over the years and players get more money for doing commercials.. Magic made $46,199,290 in NBA salary (endorcements not included), compared to Shaq's $251,614,005. Both have played in commercials and made (still make) money doing other things.. I know Magic is a co-owner of the lakers, but I still doubt that he's richer than Shaq :confusedshrug:

MJ has the clothing/shoe brand so eventhough he made a not so whopping (in NBA terms :oldlol: ) $93,772,500, he might still be the richest..

[ShamRockStar]

KG career earnings total:

210.2 Million without endorsements


Shaq

252 Mil



Iverson, and most other older stars are around 130 mil max. Of course, endorsements, investments, gambling, spending, ex wifes, child support, moochers, etc. are factors unkown.

[D-Rose]

Jordan probably because of Endorsements....he made 63 million in his last two years as a Bull but no more than like 3 mill/yr before that, a result of the Garnett deal obviously.

[Mikaiel]

Didn't Lebron get a 250 mil Nike deal coming out of HS?

One month before the Draft, he signed a $90 million contract with Nike over seven years, including a $10 million signing bonus. He also signed a $6 million contract over 5 years with Upper Deck, a $5 million deal to endorse Bubblicious bubble gum for 4 years and Sprite and Powerade gave him $12 million for 6 years.

Without playing a single minute in the NBA :wtf:

[twolvesfan]

Yao pays 50% of his paycheck in US Taxes, then pays 50% of what's left to China. I doubt that leaves him with the most of any NBA player.
:wtf: so your saying he only pockets 25% of what he gets paid:roll:

[Jasper]

bron in 2007 http://money.cnn.com/2007/11/28/news/newsmakers/lebron_james.fortune/index.htm

60% of retired players go broke : http://allfinancialmatters.com/2008/04/09/60-of-nba-players-go-broke-within-5-years-of-retirement/

(I am trying to find fortune 500 list of BBalls past / present)

Jordan's divorce settlement 168M http://www.aceshowbiz.com/news/view/00012381.html (nice digs)

[arkain]

KG got $25,000,000 from Adidas for saying "Impossible is nothing" after he won the championship.

Did you just get that outta your a$$?

[Al Thornton]

Did you just get that outta your a$$?

Yes. KG isn't getting more than his yearly paycheck for a sentence.

[TMAC-RAPTORS]

Yes. KG isn't getting more than his yearly paycheck for a sentence.

Alot still

[the even bigger black guy]

Did you guys read Shaq's divorce papers that were posted online? The guy spends like an ignoramus. Something like $90,000 a month just on gasoline. Guarantee he doesn't manage his money well. His lifestyle and ignorant spending are not conducive to building a fortune, regardless of his income.

[omarnyc]

Did you guys read Shaq's divorce papers that were posted online? The guy spends like an ignoramus. Something like $90,000 a month just on gasoline. Guarantee he doesn't manage his money well. His lifestyle and ignorant spending are not conducive to building a fortune, regardless of his income.

yeah shaq's monthly expenses was over 800k, thats ridiculous. how can you spend 800k a month? that would be alot to spend in a year. he spend something like 100k a month in family vacations, aight so shaq plays ball more then half the year, his kids gotta go to school, what kinda vacations are they taking every month. i heard somewhere that iverson take care so many people and throw his money away on so much bs that he lives paycheck to paycheck.

[KenneBell]

I think Magic has the top spot.

[PacerRaptor]

From a mere contract perspective, JO is pretty loaded

[InspiredLebowski]

Did you guys read Shaq's divorce papers that were posted online? The guy spends like an ignoramus. Something like $90,000 a month just on gasoline. Guarantee he doesn't manage his money well. His lifestyle and ignorant spending are not conducive to building a fortune, regardless of his income.

Those "expenses" were pretty trumped up I assume to lower the amount his ex would get.

[CasterL]

it pisses me off how much women get after theese divorce proceedings. Especially if they dont have any kids.

if they do have kids then fair enough, a very good standard of living, a fair bit above the national average, private school, thats fine. but some of theese sums are ridiculous. *****es can hire a nanny for life and sit on their ass living lavish for the rest of their days.

if they dont have kids its equal rights and all nowadays. get a ****ing job love

[djwhizard]

Magic Johnson, not even close...

Do some digging in the internet, and it is estimated that his net worth is anywhere from $700+ to $900+ million (Michael Jordan is estimated to be about 400-500 million). This is not from his NBA salary, but his Magic Johnson Enterprises and related investments.

http://blackwealthandfortune.com/


100 Wealthiest Black People in America

1. Oprah Winfrey (Media mogul and HARPO Productions) tops our list with an estimated worth of $3.5 billion

2. Robert Johnson (founder of BET Television and NBA franchise majority owner of the Charlotte Bobcats) is second with an estimated net worth of $1.8 billion.

3 Sheila Johnson (the former wife of BET founder Robert Johnson) is third with an estimated worth of $1.0 billion.

4. Earvin Magic Johnson (Magic Johnson Enterprises, minority equity owner of the Los Angeles Lakers, television analyst, former NBA basketball player and product endorser) is fourth with a near billionaire with an estimated worth of $910 million.

5. Tiger Woods (Golf athlete and the highest paid athlete endorser in the world) with an estimated net worth of $730 million.

[Godfather]

Jordan by a mile...

Even after his wife took half.

[Godfather]

Magic Johnson, not even close...

Do some digging in the internet, and it is estimated that his net worth is anywhere from $700+ to $900+ million (Michael Jordan is estimated to be about 400-500 million). This is not from his NBA salary, but his Magic Johnson Enterprises and related investments.

http://blackwealthandfortune.com/

Damn

What does his cooperation do exactly?

[CasterL]

in a few years magic will likley smash lebrons dream of being the first athlete turnbillionare if thats the case

[KenneBell]

in a few years magic will likley smash lebrons dream of being the first athlete turnbillionare if thats the case
Tiger will beat LeBron easily.

[djwhizard]

Jordan by a mile...

Even after his wife took half.

Nope.

[godofgods]

Everybody from 'da hood' should read Magic's biography. Maybe they'll learn something to improve their lives instead of acting all hood and stupid.

[hito da god]

Damn

What does his cooperation do exactly?
he does a ton of franchising.

[CasterL]

Tiger will beat LeBron easily.

definatley, especially considering he could still be playing and in the public eye in 30 years time. big money

[djwhizard]

Damn

What does his cooperation do exactly?

http://www.blackentrepreneurprofile.com/profile-full/archive/2004/september/article/earvin-magic-johnson/


Earvin Effay (Magic) Johnson, Jr. is Chairman and Chief Executive Officer of Magic Johnson Enterprises, a company with a successful portfolio of national franchises, including Starbucks, Burger King, 24 Hour Fitness, Washington Mutual Home Loan Centers, AMC/Magic Johnson Movie Theatres and T.G.I. Friday's. Through targeted investments in key markets, Magic Johnson Enterprises franchise networks serve more than 32 million consumers annually in 163 locations in 19 states across the United States.

Although Mr. Johnson is universally known for his illustrious, 13-year career with the National Basketball Association, he has redefined himself as a businessman with the objective to revitalize and provide quality entertainment and services to neglected, urban communities. In this role, Johnson encourages recognized business leaders to restore services to, as well as develop new business enterprises in, under-served communities throughout the United States.

Magic Johnson Enterprises focuses on bring life back to the inner-city by creating jobs. "Creating black presidents, vice presidents, general managers, managers--that has been the best part," says Johnson. In a Fortune magazine article he stated, "Kids look to ballplayers as idols, but BET founder Bob Johnson is my idol."

...Earvin "Magic" Johnson's net worth is estimated to be between $800 and $900 million.

[w00terz]

Magic Johnson is definitely the richest. In 2008, Magic Johnson Enterprises had a net worth of $700 million.

[cdbleb]

If the NBA had any respect for family it would obviously be Sprewell.

Thats one of the funniest posts Ive read in a while...I thought I was the only one left who remembered Sprewells sob story. + Rep for creative thinking.

[halffttime]

lol @ sanity.. didnt realize magic was ballin..

[artest 93]

If my calculations are correct then that doesnt leave him with anything?

You suck at math.

[zay_24]

MAgic,jordan,kobe and shaq

[thejumpa]

In terms of net worth, Jordan and Magic got that one on lock.....both are over 200 million.

KG has made over 250 million in his career, but who knows how much of that has been spent. Shaq is right there with KG as well. Both of those guys are right at or over 100 million. Kobe has a good amount as well but he's not with KG or Shaq....well maybe im not sure on that one actually ha

The way things have been going for Lebron, he could easily surpass both KG and Shaq and head towards Magic and MJ status. Get internationally known, secure stupid big contracts and edorsements and eventually get a long term 150-200 million dollar deal (idk on the amount, just speculating....)

[nbastatus]

shaq?:confusedshrug:

[sportsgeeks1]

Michael Jordan and LeBron are the richest NBA players (https://sportsgeeks.net/top-10-richest-nba-players-of-all-time/).