You’re probably aware that athletes, particularly NBA players, make a lot of money, but do you know who the world’s NBA’s Richest players are?
If your answer is no, you’ve arrived at the right place. We see these folks on holidays and on social media showcasing their newest cars or mansions.
As a result, it’s natural for us to wonder how much money they make and how wealthy they are. NBA players have long had one of the most lucrative contracts in the sports entertainment industry.
Furthermore, unlike the NLF, MLB, or NHL, an NBA player’s minimum pay is nearly twice that of any other league globally.
Nonetheless, based on what we’ve seen over the years, most of the richest NBA players do not rely solely on a pay as their primary source of revenue.
Many of the wealthiest players are financial wizards, and others are surrounded by a team of highly skilled financial consultants.
These groups of financial consultants frequently counsel them on which investments to make and which deals to avoid.
According to what we’ve observed over the years, Brand deals and sponsorships are essential for a professional player’s financial success.
From Michael Jordan to LeBron James to Kevin Durant, these stars make a lot of money off the court. Let’s look at the top ten NBA Richest players of all time.
1. Michael Jordan
Net Worth: $2.2 Billion
Michael Jordan is a former basketball player, team owner, product endorser, and entrepreneur from the United States. Furthermore, Michael made $93.7 million in compensation during his NBA career.
He was the first athlete in history to receive a salary of more than $30 million a year. He, however, earned $30.14 million in basic salary during the 1996-1997 season to reach this feat.
After adjusting for inflation, he made $33.14 million the following season, equivalent to $53.4 million today.
Michael earns $100 million every year from endorsements and other commercial enterprises, although he hasn’t played basketball professionally in nearly two decades.
Please remember that this is more money in a single year than he made in 16 NBA seasons. Michael makes at least $60 million a year in royalties from the Nike/Jordan brand.
Michael’s ownership stake in the Charlotte Hornets NBA franchise helped him become a millionaire. This investment will be discussed in greater depth later in this essay.
Furthermore, Jordan won six NBA championships with the Chicago Bulls. He has won the league MVP award five times. On September 112009, he was inducted into the Hall of Fame as the player with the best career scoring average of all time.
2. Junior Bridgeman
Net Worth: $600 Million
Junior Bridgeman is one of the NBA’s richest players of all time. He has a net worth of $600 million as a retired professional basketball player and highly successful fast-food entrepreneur in the United States.
In addition, Junior Bridgeman had a 12-year NBA career with the Milwaukee Bucks and Los Angeles Clippers and was a somewhat successful player.
Besides, his biggest salary in a single season was $350,000. He put all of the money he earned into fast-food franchises, particularly Wendy’s restaurants.
After retiring from professional athletics, he is now one of the wealthiest athletes in history and a role model for success.
East Chicago native Junior Bridgeman is a retired NBA player. Apart from the expanding number of Chili’s restaurants with 118 locations and counting, he owns over 160 outlets. Bridgeman was inducted into the Wisconsin Athletic Hall of Fame in 1999.
3. Magic Johnson
Net Worth: $600 Million
Earvin “Magic” Johnson Jr. has a net worth of $600 million and is a retired American basketball player and entrepreneur.
After winning high school and college basketball championships, he was chosen first overall in the 1979 NBA Draft by the Los Angeles Lakers.
Additionally, for 13 seasons, he was the Lakers’ point guard. He won the NBA Championship and the NBA Finals Most Valuable Player Award in his debut season. Johnson was the Lakers’ previous president of basketball operations.
He founded the Magic Johnson Foundation to help fight HIV after revealing his diagnosis in November 1991.
Johnson has worked as an entrepreneur, philanthropist, broadcaster, and care for HIV/AIDS prevention and safe sex.
However, his public declaration of his HIV-positive status in 1991 stunned the public. It helped to shatter the misconception that HIV was a “gay sickness” that heterosexuals didn’t have to worry about at the time.
4. LeBron James
Net Worth: $500 Million
Next on our list of NBA’s richest players is LeBron James. LeBron James is a professional basketball player and entrepreneur in the United States.
After igniting the high school basketball world, LeBron skipped college and was selected first overall in the 2003 NBA draft by the Cleveland Cavaliers’ local team.
Additionally, from 2003 through 2010, LeBron James was a member of the Cleveland Cavaliers. From 2010 through 2014, he “took his talents” to Miami, where he played for the Heat.
In 2012 and 2013, he guided the Heat to two NBA championships. From 2014 to 2018, he was a member of the Cavaliers, winning a championship in 2016.
Additionally, he joined the Los Angeles Lakers in 2018. In 2020, he won a title with LA. In terms of compensation alone, LeBron James is the sixth highest-paid player in the NBA as of this writing.
His base compensation is $41.1 million per year. LeBron James is one of the world’s highest-paid and most influential celebrities outside of sports.
Additionally, he has a $1 billion lifetime contract with Nike and makes more than $50 million each year in endorsements. However, his investments in many have turned his celebrity and riches into a veritable economic empire. \
He owns a stake in Liverpool F.C. LeBron James will be a billionaire in 2035 if he continues to earn and invest at his present rate.
5. Shaquille O’Neal
Net Worth: $400 Million
Shaquille O’Neal is a retired NBA player, entrepreneur, television host, and commercial endorser from the United States.
Shaq earned $292 million in salary alone throughout his NBA career. He made well over $200 million from endorsements during the same time.
Furthermore, Shaq still earns roughly $60 million per year from endorsements and numerous commercial ventures despite retiring for several years.
Like most the people on this list, Shaq O’Neal has shown to be a marketing and financial genius. O’Neal, a serial investor, and entrepreneur, owns several businesses and is a joint-owner in others.
Furthermore, Shaquille O’Neal owns more than 150 car washes in the United States, as well as more than 40 Auntie Anne’s Pretzels restaurants and another 40 Fitness franchises across the country.
Shaquille O’Neal, one of the best centers of all time, was one of the most dominant players in the NBA during his prime. Shaquille O’Neal played for six different NBA clubs during his stellar 19-year NBA career, including Los Angeles Lakers and Miami Heat.
6. Vinnie Johnson
Net Worth: $400 Million
Winnie Johnson is also one of the NBA’s richest players of all time. As a former professional basketball player and entrepreneur, Vinnie Johnson has a $400 million net worth.
Meanwhile, Vinnie was a member of the Seattle SuperSonics, Detroit Pistons, and San Antonio Spurs throughout his NBA career. He won the NBA title with the Pistons in 1989 and 1990.
Additionally, Johnson gained the nickname “the Microwave” during his playing career for “heating the team’s offensive” in a short amount of time.
After retiring, Vinnie started the Piston Group, an automobile company. In addition, he built the company into something of a behemoth with annual revenues in the billions.
Furthermore, Johnson is the chairman of the board of directors for the joint ventures JL Automotive and PASA Modules, among his other business interests.
He’s also a member of the Detroit Chamber of Commerce and the Michigan Minority Business Development Council.
Vinnie is now the Chairman and CEO of the company. The company employs over 200 employees and earns over $2 billion in revenue each year.
The company increased from $500 million in revenue in 2012 to be on track to surpass $3 billion shortly under Vinnie’s leadership. The firm is one of the largest minority-owned firms in the world.
7. Hakeem Olajuwon
Net Worth: $300 Million
Hakeem Olajuwon has a $300 million net worth as a retired Nigerian-American professional basketball player.
He was a member of the Houston Rockets and Toronto Raptors in the NBA, where he led the former to back-to-back NBA titles in the mid-90s.
In addition, he was a member of the 1996 Olympic gold-medal-winning US team. Olajuwon is the first non-American to be an All-Star and an NBA MVP. He is widely regarded as one of the best basketball players of all time.
Furthermore, Hakeem started on a tremendously successful entrepreneurial career following his retirement. He has bought and sold fundamental properties for more than $150 million in the last two decades.
8. Grant Hill
Net Worth: $250 Million
Grant Hill is also one of the NBA’s richest Players. He has a net worth of $250 million as a retired basketball player from the United States.
Additionally, he is one of the highest-paid basketball players, having played 18 seasons in the NBA.
He has made around $120 million in endorsements and $140 million in salary during his long NBA career.
However, he was a member of the Detroit Pistons (1994-2000), Orlando Magic (2000-2007), Phoenix Suns (2007-2012), and Los Angeles Clippers (2007-2012). (2012-2013).
Hill has participated in several humanitarian endeavors. After graduating from Yale University to support local families, he gave money to his father’s daycare business in New Haven, Connecticut, after graduating from Yale University to help local families.
Additionally, in 1999, he also served as Vice-Chairman of the Special Olympic World Summer Games Board of Directors in North Carolina.
Hill has been a prominent champion for MRSA awareness and prevention since 2003, when he contracted a life-threatening methicillin-resistant illness caused by Staphylococcus aureus (MRSA).
However, he has even appeared in public service advertisements for the non-profit organization Stop MRSA Now.
9. David Robinson
Net Worth: $200 Million
David Robinson, a retired professional basketball player from the United States, has $200 million. He spent his whole NBA career with the San Antonio Spurs, from 1989 to 2003.
In addition, he was a 10-time NBA All-Star, a two-time NBA champion, and the NBA MVP in his 1995 career.
Robinson was also a member of the gold-medal-winning US national basketball teams in 1992 and 1996. Robinson’s stint in the US Navy earned him the moniker “The Admiral.”
Robinson built the private, non-profit Carver Academy in San Antonio to give possibilities for inner-city youngsters. In 2012, the school became a public charter school.
Furthermore, Robinson also co-founded Admiral Capital Group with Daniel Bassichis in 2008. The Carver Academy was founded by a private equity business to provide further financial support.
However, it has a $100 million portfolio that comprises upmarket hotels and office buildings across the country. Robinson also has a Jaguar Land Rover dealership in San Juan, Texas, which he co-owns.
10. Kevin Durant
Net Worth: $200 Million
Next on our list of the NBA’s richest players is Kevin Durant. He is a professional basketball player in the United States.
Kevin is a high-paid player both on and off the court. He is one of the five highest-paid players in the NBA, with a $42 million salary.
He can earn tens of millions of dollars more each year because of his several lucrative endorsement deals.
Additionally, he earns $65 million from his numerous efforts between June 2019 and June 2020.
After three seasons with the Golden State Warriors, Kevin signed a four-year $164 million contract with the Brooklyn Nets in 2019.
He is a tech investor who has made more than 40 early-stage investments. Additionally, Durant’s personal life is mainly private, with little information publicly available.
He is believed to have dated Cassandra Anderson, a Bay Area real estate salesman, and was formerly engaged to Monica Wright, a former WNBA star, until 2014.
11. Luol Deng
Net Worth: $200 Million
Luol Deng, a professional basketball player from the United Kingdom, has a net worth of $200 million. He was born in Wau, Sudan, on April 161985. (now South Sudan).
He was just eight years old when he and his family fled Sudan to escape the country’s civil conflict, eventually settling in Egypt and later London.
However, he had previously represented England as a member of the Brixton Basketball Club at the age of thirteen.
Additionally, he traveled to the United States at 14 to enhance his basketball skills at Blair Academy in New Jersey.
Luol Deng was regarded as the second most promising high school senior in America after LeBron James due to his obvious talent.
12. Dwyane Wade
Net Worth: $170 Million
Next on our list of the NBA’s richest players is Dwyane Wade. Dwyane Wade is an NBA basketball player in the United States with a net worth of $170 million.
In addition, Dwyane Wade made $198 million in salary during his NBA career. Endorsements, especially shoe contracts, brought in tens of millions of dollars for him.
Dwyane WAs we just revealed, ade made $198 million in salary alone during his NBA career, as we e $2.6 million in his debut season. His income increased to $13 million per year after signing a significant contract extension before the 2007-2008 season.
In addition, the Chicago Bulls paid him $23.2 million during his peak season of 20016-2017. Converse was Dwyane Wade’s first shoe sponsor.
The $400,000-per-year contract was for a period of six years. When compared to Carmelo Anthony’s $21 million six-year deal signed around the same time, that was a pittance.
However, it was a drop in the bucket compared to LeBron’s $90 million seven-year deal, which turned out to be $12.8 million per year. In just 11 days, LeBron earned Dwyane Wade’s total annual shoe compensation.
The Converse Wade 1 was a tremendous global success by 2006, with over a million pairs sold.
Wade changed from Converse to Nike’s Jordan brand in 2009. In his early years with Nike, Dwyane earned $5 million per year, eventually climbing to $10 million after milestone bonuses.
13. Russell Westbrook
Net Worth:$170 Million
Russell Westbrook is an NBA basketball player in the United States with a net worth of $170 million. In terms of both income and endorsements, he is one of the highest-paid athletes in the world.
Furthermore, Russell earned $250 million in compensation in his first decade in the NBA after joining the league in 2008. His base pay is $44 million as of this writing. Every year, he earns millions more through endorsements.
Westbrook signed the richest contract in Jordan Brand history (a 10-year agreement valued between $150 and $200 million) and NBA history (a 5-year, $205 million extensions) in September 2017.
Additionally, the Rockets absorbed Russell’s contract when he was transferred from Oklahoma City to Houston in 2019. His annual salary will be $41 million.
In 2020, he was traded to the Washington Wizards. Then in 2021, he was traded to the Los Angeles Lakers.
Until December 2020, when Giannis Antetokounmpo signed a five-year, $228.2 million contract, he held the record for the highest NBA contract. Between June 2018 and June 2019, Westbrook made $53 million in salary and sponsorships.
14. James Harden
Net Worth: $165 Million
James Harden is a professional basketball player from the United States with a net worth of $165 million.
After transferring from the Oklahoma City Thunder to the Houston Rockets, Harden built a name for himself. In January 2021, he was dealt with the Brooklyn Nets.
Additionally, James is an eight-time NBA All-Star and has led the league in scoring three times. He has also won the MVP award.
Today, James is regarded as one of the top players in the NBA and the best shooting guard.
Furthermore, Harden played collegiate basketball for the Arizona Sun Devils before entering the NBA. In 2012, James and the United States national basketball team earned an Olympic gold medal in the Summer Olympics.
In addition, James is one of the NBA’s highest-paid players. His base income alone is around $44 million per year. Every year, he earns millions more through endorsements.
15. Carmelo Anthony
Net Worth: $160 Million
Last on our list of the NBA’s richest players is Carmelo Anthony. Carmelo Anthony is a professional basketball player born in Brooklyn and had 160 million dollars.
He is likely most known for his time as a member of the New York Knicks. Anthony has been an NBA All-Star 10 times and a member of the All-NBA Team six times.
However, with the US National Basketball team, the 27-year-old American basketball pro has won gold in three Olympics in a row.
Carmelo Anthony, who currently plays for the Portland Trail Blazers, is without a doubt one of the best power forwards in the NBA.
In addition, Anthony has spent 16 years in the NBA and has been named to the All-Star team ten times.
In conclusion, That concludes the list of the top 15 NBA Richest players in history. Basketball is currently one of the most lucrative sports in the world.
Furthermore, the massive contracts these players sign with their numerous teams, as well as their enormously profitable endorsement portfolios, demonstrate this.