Question: What NBA Players Went Broke?

Is the NBA broke?

60 percent of NBA stars go broke within five years of exiting the league, per Sports Illustrated.

So you’re actually talking about hundreds of athletes who were millionaires by 25, flat broke by 35.

Here are some of the ways NBA players waste their millions..

Who is the richest basketball player?

For this piece, let’s take a look at the top 20 richest NBA players in history.Kevin Durant. Net Worth: $170 million. … Hakeem Olajuwon. CP. … David Robinson. CP. … Grant Hill. Net Worth: $250 million. … Shaquille O’Neal. Net Worth: $400 million. … Lebron James. Net Worth: $450 million. … Kobe Bryant. CP. … Magic Johnson. Net Worth: $600 million.More items…•

Are Pippen and Jordan still friends?

It’s great to hear that Pippen and Jordan are still good friends. Few teammates in the history of sports have accomplished as much as Pippen and Jordan did together. The two NBA icons won six championships in Chicago and helped form arguably the greatest team of all-time.

How much is Steph Curry worth?

In 2019, Forbes estimates Stephen Curry’s net worth at $79.8 million.

How much is Charles Barkley worth?

Charles Barkley’s net worth is $50 million, according to CelebrityNetWorth.com. Barkley earned about $40 million during his playing days, along with millions from endorsements with companies like Nike. Barkley also admitted to losing more than $10 million to gambling in his life.

How much is a NBA championship ring worth?

Legitimate NBA championship ring prices range between $10,000 and $40,000 and in some cases over $200,000. The quantity and estimated MSRP value of counterfeit items seized are clear indications of the profits that are involved in the illegal trade of counterfeit NBA championship rings.

Who is the poorest NBA player?

15 Broke NBA Players Who Are Poorer Than You8 Eddy Curry.9 Kenny Anderson. … 10 Rick Mahorn. via wikimedia.org. … 11 Allen Iverson. Jeremy Brevard-USA TODAY Sports. … 12 Scottie Pippen. Ken Blaze-USA TODAY Sports. … 13 Latrell Sprewell. via sbnation.com. … 14 Darius Miles. via oregonlive.com. … 15 Shawn Kemp. via sbnation.com. … More items…•

How many retired NBA players are broke?

According to a 2009 Sports Illustrated article, 35% of National Football League (NFL) players are either bankrupt or are under financial stress within two years of retirement and an estimated 60% of National Basketball Association (NBA) players, 78% NFL players, and a large percentage of Major League Baseball (MLB) …

Who is the richest black man in the world?

Aliko DangoteAccording to the 2019 Forbes 2019 ranking of the world’s billionaires, Nigerian business magnate Aliko Dangote had a net worth of $10.9 billion and was the world’s richest black person.

Is LeBron a billionaire?

In agreeing to a maximum contract with the Los Angeles Lakers, LeBron James’ career earnings have now passed the $1 billion mark.

How much is Scottie Pippen worth?

Scottie Pippen Net Worth: Scottie Pippen is a retired American professional basketball player who has a net worth of $20 million. Scottie played 17 seasons in the NBA.