How Much Money Does Shaquille O'neal Have
How much money does Shaquille O'Neal have? Notice out how the onetime NBA player attained a nine-figure cyberspace worth.
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- Shaq Cyberspace Worth in 2021: $377 Million - $413 Million
- Who is Shaquille O'Neal?
- How Does Shaq Make Coin?
- NBA Career
- Franchises and Other Investments
- Entertainment
- Endorsements
- Real Manor/Other Holding
- NBA Career
Shaq Estimated Cyberspace Worth: $377 Meg - $413 Million
Former professional basketball player Shaquille O'Neal made waves in his xix-year career in the NBA. As expected, a good portion of his cyberspace worth comes from his NBA earnings.
But Shaq has branched out into a variety of other business ventures, including franchise deals and music production. Today, his net worth has ballooned to an estimated $377 meg to $413 million.
Find out how Shaq earned all his money below.
Who is Shaquille O'Neal?
Shaquille Rashaun O'Neal was built-in on March six, 1972. The 7-foot-1-inch center began his basketball game career in 1992 and retired in 2011. During this time, he became a four-time NBA champion.
Shaq left Louisiana State Academy later three years to play in the NBA, merely later on returned to complete his bachelor's degree. He went on to earn his MBA at the Academy of Phoenix in 2005, and an educational doctorate degree at Barry University in 2012.
Throughout the years, Shaq has pursued many different avenues of success. These include a rap career, motion picture and Goggle box appearances, and a multitude of other investments.
How Does Shaq Make Money?
The NBA pays athletes well, but at that place's more than to Shaquille O'Neal's story. Here'south how Shaq built his $400 1000000 empire.
NBA Career
Shaq is highly regarded equally one of the greatest basketball players in NBA history. He was likewise ane of the biggest and most powerful players at 7 human foot 1 inch and 325 pounds.
Shaq played on six different teams during his career: Orlando Magic, Los Angeles Lakers, Miami Heat, Phoenix Suns, Cleveland Cavaliers, and Boston Celtics. His all-time career earnings in the NBA full a whopping $292,198,327, equivalent to $412,027,502 in today's dollars.[i]
Of course, it wouldn't be realistic to say he saved this entire corporeality of money. Using a fifty/thirty/20 budget, a conservative estimate says he saved effectually $82.4 million of his NBA money.
You can't attain a nine-figure net worth just by saving lone. Up next, check out the many ways Shaq has invested his money.
Fun Fact: Shaq's highest NBA bacon was $27,696,430 in 2004-2005 with the Miami Estrus.
Franchises and Other Investments
Shaq is a big fan of investing in businesses. The former NBA thespian owns a number of franchises, including 17 Auntie Anne's locations, 155 Five Guys Burgers, and a Krispy Kreme. He has reportedly invested around $6.5 meg into Auntie Anne's, $111 million into Five Guys, and $2.75 million into Krispy Kreme.[two]
He as well signed a deal with Papa John's in 2019. The deal payed Shaq $4.125 million and 87,136 shares of stock vested between 2020 and 2022 for his endorsement. These shares are currently worth near $12 million. Shaq likewise invested in nine Papa John's locations valued at $2.8 million.[3]
In 2013, Shaq bought a ii% to 4% stake in the Sacramento Kings. Simply he sold his stake in 2021 in order to exist a brand ambassador for online gambling platform WynnBET. The Kings are valued at $1.8 billion. Shaq fabricated an estimated $36 million to $72 million from the sale.
How much do his investments and endorsements contribute to his net worth? While his exact earnings are unknown, he's most probable making a pretty penny. Shaq has made more each twelvemonth since retiring than he always did in the NBA.[4]
Entertainment
Shaq's celebrity status paved the manner for numerous opportunities in the entertainment industry.
He released four studio rap albums betwixt 1993 and 1998. His debut album, "Shaq Diesel," was certified platinum. Shaq'southward rap career was short-lived. But he still produces electronic music and DJs nether the moniker Diesel.
Starting in the 1990s, Shaq besides explored film and television. He starred in the 1996 film "Kazaam" and appeared in dozens of others. He has also guest starred in Boob tube shows and animated serial like "Curb Your Enthusiasm" and "Static Shock."
Endorsements
Celebrities are super popular in advertisements, and they often become paid large bucks. Shaq is no stranger to endorsement game. He has been featured promoting brands in countless ads, including Oreo, Burger King, and Pepsi.[5]
Besides starring in TV commercials, he has also taken a more hands-on approach to collaborate with brands. In 1992 and 1995, for instance, he worked with Reebok to blueprint two pairs of sneakers. He besides worked with Arizona Beverages to release his own soda, chosen Soda Shaq.
The listing goes on. This is but scratching the surface of all the endorsement deals Shaq has obtained.
Real Estate/Other Property
Shaq owned a 31,000-foursquare-human foot Florida estate, which he sold in early 2021 for $16.v meg. While this is a huge corporeality, it's near 40% less than its original asking price of $28 million.[6] He also sold his dwelling house in Bong Canyon, California, for $1.85 million in the same twelvemonth.
Among Shaq's other properties are an Atlanta estate bought for $1.fifteen million and a Las Vegas estate bought for $2 1000000.
Bottom Line
Shaquille O'Neal has proved himself to be a capable thespian on the court and in concern. The former NBA actor has leveraged his salary to create even more fiscal opportunities for himself.
As he continues to make calculated investments, Shaq is certain to build wealth and increment his net worth even more.
References
- ^ HoopsHype. Shaquille O'Neal NBA Salary. Accessed 04 Nov 2021.
- ^ Funding Fuel. Shaq'south $127 1000000 Franchise Empire. Accessed 04 Nov 2021.
- ^ Eating house Business organisation. A Look at Papa John's $8M Bargain With Shaq. Accessed 04 Nov 2021.
- ^ Insider. Shaquille O'Neal makes more money now off of endorsements and advertising than he did during his Hall of Fame NBA career. Accessed 04 Nov 2021.
- ^ The states Today. NBA legend Shaquille O'Neal is the king of endorsements. Accessed 04 November 2021.
- ^ Mansion Global. After Nearly 3 Years on the Market, Shaquille O'Neal Finds Heir-apparent For Florida Megamansion. Accessed 04 Nov 2021.
Donna Tang is the head of purpose and audience at CreditDonkey, a personal finance comparison and reviews website. Write to Donna Tang at donna.tang@creditdonkey.com. Follow u.s. on Twitter and Facebook for our latest posts.
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