Richest NBA Players of All-Time

Among the wealthiest athletes in the world, NBA players are rewarded with lucrative contracts and endorsement deals, as well as lucrative business ventures on the side. Professional basketball collective bargaining agreement (CBA) has fluctuated over time and allowed some of the sport’s most talented players to become multi-millionaires.

Brands such as Dwyane Wade and Stephen Curry have used their image and their brands to sell everything imaginable, while other less well-known stars have quietly amassed real estate empires and restaurant conglomerates. When it comes to saving money, they’ve done a good job of it no matter how they got their hands on it.

Our consulting Celebrity Net Worth compiled a list of the Richest NBA players and ranked the world’s richest basketball players by their 2020 net worth. This list’s net worth was calculated by subtracting estimated taxes, managers’ fees, agent fees, and lifestyle expenses incurred by Record sales and royalties, and endorsement deals are included in each person’s total earnings.

When it comes to sports, this list of the NBA’s richest players can be used as a lesson in how to save money, invest wisely, or simply plan your future. It also proves that earning seven figures or more in salary makes it easier to leverage millions into multi-millions.

There are a few surprises at the top of the list, including some of the greatest basketball players of all time. In case you’ve ever wondered what it would be like to be the owner or manager of a restaurant, sports team, or condominium complex, these basketball players have the answer.

Michael Jordan (Net worth of $2.2 billion)

Ex-Chicago Bulls star Michael Jordan is the most well-known and, unsurprisingly, the richest player on this list. Jordan was a multi-millionaire both on and off the court, winning six NBA championships and a slew of awards. Nike is Jordan’s most lucrative endorsement deal to this day. With the help of Gatorade and McDonalds, the company’s fortunes have skyrocketed in recent years. Jordan is now the owner of the NBA team Charlotte Hornets after he turned his brand into hundreds of millions of dollars. Since his Nike deal most likely made him a billionaire, Jordan has become the wealthiest NBA player of all time.

2 – Junior Bridgeman (tie) – Net Worth: $600 million.

Junior Bridgeman is the least-known player on this list, but he was an above-average Milwaukee Bucks player in the 1970s and 1980s. By investing in fast food chains after his basketball career, Bridgeman became one of the world’s richest athletes. Bridgeman once controlled 160 Wendy’s and 120 Chili’s restaurants. Bridgeman Foods was sold in 2016 and he became the official Coca-Cola bottler at the same time.

3. Magic Johnson (tie) – $600 million net worth

In both their professional and personal lives, many NBA stars cite Magic Johnson as their inspiration. While many consider him to be the greatest point guard in NBA history, he is also regarded as the league’s most successful businessman. Everything from Starbucks and TGI Fridays to Lakers and Dodgers ownership has been a part of Magic Johnson Enterprises’ diversified business portfolio. In the wake of his numerous endeavors, his net worth has grown into the billion-dollar range.

4. LeBron James – $480 million in net worth

There is still a long way to go for LeBron James in the basketball arena. With three championships, three MVP awards, and four league MVP titles to his name, current Lakers star LeBron James breaks records year after year. Even though he entered the NBA fresh out of high school, LeBron James has earned over $270 million in salary over the course of his 17-year career. At Nike, he has a multi-billion dollar endorsement deal that makes him one of the league’s biggest endorsers. Additionally, James owns Blaze Pizza franchises, a stake in Liverpool Football Club, as well as a production company for films and television shows.

Thank you for spending your time reading this. I wish you all the best for the remainder of your day!