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10 Richest Basketball Players in The World

Updated on May 31, 2018
Taylor Christian profile image

I just thought that all major sports fans would want to know or were just wondering who the richest NBA players are.

10. Gary Payton

Gary Payton is a retired American Basketball player. Payton is best known for his 13 – year run with the Seattle SupersSonics. He also holds Seattle franchise records for his points, assists, and steals.

Payton is considered to be one of the best point guards in NBA history and is the only point guard that has won the Defensive Player of the Year Award.

Payton's career overall spanned for two decades and he has built one of the most thriving basketball careers in NBA history. Outside basketball, Payton earned his money through movies. He appeared in White Men Can't Jump, Eddie, and Like Mike. He also performed a speaking roll in the 1999 comedy film The Brakes.

9. Tim Duncan

Tim Duncan is a retired professional basketball player. He played his entire 19 – year NBA career with the San Antonio Spurs. Tim Duncan is considered to be one of the greatest power forwards of all time. He also became the only player that got picked for both the All – NBA and All – Defensive Teams in every one of his 13 seasons.

Duncan was drafted to the Spurs in the year 1997 as the first pick. In 2001 and 2002 he became MVP and played basketball in the Olympics for the US team.

Off the court, Duncan is known for his philanthropy. He created the Tim Duncan Foundation to raise general health awareness and fund education and youth sports in various parts of the United States.

8. Grant Hill

Grant Hill is a former professional basketball player. Grant played for four teams in his NBA career. Even though Grant is retired he still makes quite a lot of money thanks to his endorsement deals and business management.

While playing college basketball at Duke, Grant was the 1994 ACC Player of the Year. He also won two championships and played in the Olympics in 1996. Hill was a spokesmen for McDonald's restaurant, watchmaker TAG Heuer, and sportswear companies Fila, Adidas, and later Nike.

7. Kevin Garnett

Kevin Garnett officially retired from basketball in 2016. Garnett was drafted by the Minnesota Timberwolves in 1995 as the fifth overall pick. Kevin was one of the first players to be drafted right out of high school and has had one of the biggest lucrative NBA careers of all time.

He became MVP, Olympic gold medalist, and won a championship ring. Other ways he earns money is through his endorsement deals with many companies where he is picked to be the face of the product.

6. Hakeem Olajuwon

Hakeem Olajuwon has been retired from basketball for 12 years. However, he is still one of the wealthiest NBA players today. When he was at the University of Houston, he brought his time to March Madness NCAA Final Four three times.

He then led the Houston Rockets to back – to back NBA championships in 1994 and 1995. His endorsement deals still bring him millions every single year.

5. Lebron James

Lebron James is perhaps known as the best basketball player in the world. James was first drafted as the number one draft pick for the Cleveland Cavaliers. He is one of the youngest NBA player in history to become the Rookie of the Year.

James went on to play on the Olympics earning two medals for bronze and gold in 2004 and 2008. He has two championships with the Miami Heat. His number of endorsement deals earns him $53 million each year.

4. Kobe Bryant

He played his whole 20 – year career with the Los Angeles Lakers. Kobe entered the NBA directly from high school and won five NBA Championships with the Lakers. Before starting the 1996-97 NBA season, he signed a contract with Adidas worth $48 million.

Bryant's net worth is about $320 million. His salary with the Lakers earned him $5 million. Plus he has endorsement deals with many companies. Bryant retired from basketball in 2016. He is highly regarded as one of the greatest players ever.

3. Shaquille O'Neal

Shaquille has been retired for years. But he is still ringing in tons of money thanks to his endorsement deals, commercials, and vehicle brands. Today Shaquille is a sports commentator on the sports networks.

During his time as a player, he made $300M in his career. In addiction to his basketball career, O'Neal has released four rap albums, with his first, Shaq Diesel, going platinum. He has appeared in numerous films and has starred in his own reality shows Shaq's Big Challenge and Shaq Vs.

2. Magic Johnson

Magic Johnson played for the Los Angeles Lakers as a point guard for 13 seasons. After winning championships in high school and college, Johnson was selected first overall on the 1979 NBA draft by the Lakers.

Since his retirement, Johnson has been an advocate for HIV/AIDS prevention and safe sex, as well as an entrepreneur, philanthropist, broadcaster, and motivational speaker. Magic won multiple championships and MVP awards.

Named by Ebony Magazine as America's most influential black businessman in 2009, Johnson has numerous business interests and was part - owner of the Lakers for several years. Johnson is also a part of a group of investors that purchased the Los Angeles Dodgers in 2012 and the Los Angeles Sparks in 2014.

1. Michael Jordan

Jordan retired years ago and makes a fortune in endorsement deals that give him $100 million in his pockets each year. Jordan is a very successful business man. He reached a billion dollars in 2014 after becoming the owner of the Charlotte Bobcats basketball team who are now known as the Charlotte Hornets.

He also makes a ton of money off his sneaker line. He fueled the success of his Nike Air Jordan sneakers which were introduced in 1985 and still remain popular today.

In 2015, Jordan became the first billionaire NBA player in history and the world's second richest African American as a result of the increase in value of NBA franchises.

© 2018 Taylor Christian


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