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Top 25 Richest Players in NBA History

When sports fans hear that an athlete gets a $100 million contract, it sounds like an astronomical amount of money, but what they do not realize is that the athlete does not get to cash in on the entire amount. Uncle Sam alone will take approximately 44% of that contract, which already reduces the total amount to $66 million; unless you happen to live in places like Florida and Texas where they have no state tax. Additionally, most players have agents, and agents typically make about 4% of the total contract amount. So, with the combination of Uncle Sam and player agents, almost 50% of a player’s contract is subtracted from their total amount.

Now, earning $50 million out of $100 million is still a lot, but these are only for the max contract players. Players that sign a one-year deal for the veteran’s minimum at slightly over $1 million have their paychecks cut down 50% as well, which gives them a total of slightly over $500k.

Obviously, your blue-collar fan is still screaming, that’s still an insane amount of money! And it is. So, it is even more incredible when you think about how much money that the top 25 richest basketball players in NBA history have made over their lives. Keep in mind that this is not only the amount of money that players have earned from their basketball salaries, but also the amount of money that they have made through endorsements and their own businesses during and after their playing careers.

Latrell Sprewell is infamous for saying that he could not feed his children with the amount of money that he was making from basketball. If that is true, and there is no way that it is, he should have taken a page out of these players to learn how to properly invest his money.

24 Tracy McGrady - $80 million (net worth)

via houston.cbslocal.com

23 Patrick Ewing - $85 Million

via bleacherreport.com

22 T22. Reggie Miller - $90 Million (net worth)

via indystar.com

21 T22. Alonzo Mourning - $90 Million (net worth)

via usatoday.com

20 T19. Vince Carter - $95 Million (net worth)

via fancloud.com

19 T19. Amare Stoudemire - $95 Million (net worth)

via newyorkstateofsports.com

18 T19. Steve Nash - $95 Million (net worth)

via firstworldfacts.com

17 Tony Parker - $97 Million (net worth)

via theinsidewordonline.com

16 T16. Dwight Howard - $100 Million (net worth)

via fancloud.com
via bballbreakdown.com

15 Chris Bosh - $105 Million (net worth)

via huffingtonpost.com

14 Dwyane Wade - $110 Million (net worth)

via galleryhip.com

13 Dirk Nowitzki - $120 Million (net worth)

via businessinsider.com

12 Yao Ming - $120 Million (net worth)

via themarsreel.com

11 Gary Payton - $130 Million (net worth)

via bleacherreport.com

10 Carmelo Anthony - $142 Million (net worth)

via chatsports.com

9 Tim Duncan - $150 Million (net worth)

via veooz.com

8 Grant Hill - $180 Million (net worth)

via thesportspost.com

7 Kevin Garnett - $190 Million (net worth)

via lasportsanostra.com

6 Hakeem Olajuwon - $200 Million (net worth)

via usatoday.com

5 Kobe Bryant - $260 Million (net worth)

via chatsports.com

4 LeBron James – $270 Million (net worth)

via bleacherreport.com

3 Shaquille O’Neal - $350 Million (net worth)

via yazmar.com

2 Magic Johnson - $500 Million (net worth)

via dodgersphotog.mlblogs.com

1 Michael Jordan - $1 Billion (net worth)

via chatsports.com

The greatest basketball player of all-time and the current owner of the Charlotte Hornets has made a buck or two during his playing days and with his plethora of endorsements from Gatorade, Nike, Hanes, and Coke. Jordan is the only basketball player that can say that he is a billionaire and not just a millionaire. He not only ranks at the top for the best basketball world, but he ranks at the top of the financial world out of any basketball player to ever play the game.

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Top 25 Richest Players in NBA History