Who are the highest net worth NBA players?

• Basketball is one of the popular sports in the world
• And due to the Collective Bargaining Agreement (CBA) and the NBA Salary Cap, salaries in the league are exceptionally high
• The NBA salary cap is $109 million every year
• NBA players earn more because there are fewer players on an NBA team to fill out their contracts
• NBA teams have 15 players

Who are the highest net worth NBA players? And what forces make basketball such a lucrative sport as evident through the wealth its players possess?

Basketball is one of the popular sports in the world. And due to the Collective Bargaining Agreement (CBA) and the NBA Salary Cap, salaries in the league are exceptionally high.

The NBA salary cap is $109 million every year. NBA players earn more because there are fewer players on an NBA team to fill out their contracts. For example, NFL teams have a 53-man roster and NBA teams have 15 players.

NBA teams have a 53-man roster and NFL teams have 15.Due to the NBA’s status as the world’s most popular basketball league and the fact that basketball is the third most popular sport in the United States, salaries are significantly higher than in any other basketball league.

It’s the only one of the three sports that’s growing in popularity year after year. In recent years, the other two have declined.

The next logical question therefore is; who are the highest net worth NBA players? Here they are.

MICHAEL JORDAN – $2.2 BILLION

Jordan is widely regarded as one of the best NBA players of all time, and he has converted his talents into a multi-billion dollar business. Who are the highest net worth NBA players query never has a perfect explanation without Jordan in the picture.

During his six-year NBA career, the six-time MVP earned more than $90 million, and as part of the “Air Jordan” brand, he earns $130 million annually. Besides owning the Charlotte Hornets, Jordan also owns the 23XI team that races with NASCAR icon Denny Hamlin.

LEBRON JAMES – $850 MILLION

In 2021-22, LeBron James became the richest basketball player in the world. James amassed a significant fortune in 2021, making him the richest basketball star in the world.

Off the court, James has built a sizable fortune thanks to a number of lucrative endorsement deals. He has appeared in numerous books, films, and advertisements, and has won two Sports Emmy Awards as an executive producer.

A Liverpool F.C. shareholder since 2011, James has helped the club win the 2018–2019 UEFA Champions League and the 2019–2020 English Premier League championships.

JUNIOR BRIDGEMAN – $600 MILLION

JUNIOR BRIDGEMAN. Photo/BVM Sports

East Chicago native and former NBA player Junior Bridgeman lives a fantastic life after retiring. In addition to the expanding number of Chili’s restaurants (now 118), he also owns over 160 businesses.

He is member of the Wisconsin Athletic Hall of Fame’ since 1999 when he was inducted. His business portfolio answers who are the highest net worth NBA players.

MAGIC JOHNSON – $600 MILLION

The legendary Magic Johnson starts our list of who are the richest basketball players. Even though he was one of the greatest players of all time, Johnson earned less than $40 million during his career.

Johnson has a proven track record of success in the corporate world thanks to his excellent personal skills and intelligence. Magic Johnson Enterprises is valued at more than $1 billion, according to Celebrity Net Worth.

KOBE BRYANT – $600 MILLION

A helicopter collision on January 26, 2020, claimed the lives of Kobe Bryant and his 13-year old daughter, Gianna. They were together with seven other passengers who also perished.

At the time of his death, he was reported to have a net worth of $600 million, Forbes reports. After a 20-year career in which he won five NBA championships, Bryant retired in 2016 as the NBA’s third all-time leading scorer.

During his playing career, he earned $680 million in pay and endorsements, a record for a team athlete.

SHAQUILLE O’NEAL – $400 MILLION

When it comes to filming a commercial with Shaq, you may reasonably expect him to come to your basement, provided you can pay him a reasonable amount of money.

O’Neal, one of the most formidable big players in NBA history, earned more than $285 million during his playing career and has gone on to enjoy considerable success in his post-playing career.

VINNIE JOHNSON NET WORTH- $400 MILLION

VINNIE JOHNSON. Photo/Detroit Bad Boys

Johnson, affectionately known as “The Microwave,” won two NBA championships with the Detroit Pistons during his illustrious career.

After his playing career ended, he’s a good example of someone on this list who has made a lot more money. He made a few million dollars playing basketball during his 13-year NBA career, but Johnson’s real riches comes from owning Piston Group, which advertises itself as a “world-leading supply chain integrator.”

HAKEEM OLAJUWON NET WORTH- $300 MILLION

Hakeem Olajuwon completes the list of who are the richest basketball players. During his remarkable playing career, he amassed approximately $100 million in earnings.

Additionally, he had an endorsement contract with Spalding, albeit it wasn’t as profitable as much. Olajuwon wanted his shoes to be accessible to lower and middle-class youngsters, rather than wealthy adults.

Olajuwon’s net worth increased significantly since his retirement following the 2001-02 season. He was a two-time NBA Champion and inducted into the Hall of Fame.

DAVID ROBINSON – $200 MILLION

Key West, Florida native David “The Admiral” Robinson, a former NBA player, is now a businessman. He was a member of the San Antonio Spurs for the majority of his professional career.

The Celtics selected Robinson in the first round in 1987, and he is widely regarded as one of the NBA’s all-time great centres.

KEVIN GARNETT – $190 MILLION

KEVIN GARNETT. Photo/CBS Sports

American basketball player Kevin Garnett is a native of Greenville, South Carolina. He was drafted by the Minnesota Timberwolves in the fifth round of the 1995 NBA Draft after attending the Farragut Career Academy.