"The Big Field General" may have retired from basketball, but he reportedly earns $22 million per year in endorsement fees from AriZona Cream Soda, Icy Hot, Gold Bond, Buick, The General, and Zales... plus millions more from appearances and product endorsements of other brands. That's according to Celebrity Net Worth, which estimates his net worth at $100 million.
In April 2015, the Cleveland Cavaliers announced that they had signed Shaquille O'Neal to a ceremonial uniform patch for the upcoming season. The one-time NBA champion and league MVP was given the opportunity by the team to wear number 34 in honor of their former player. The announcement was made during All-Star Weekend in New York City. The Cavs said that the money paid to O'Neal is completely tax-free because it was earned overseas.
Shaquille O'Neal debuted as a commercial actor at age 28. He has appeared in several commercials over the years and still makes occasional appearances. In addition to his career in entertainment, Shaq also owns several businesses including a sports nutrition company and a chain of fitness centers.
According to Forbes, the average salary in the NBA is $5 million per year. However, some players can earn far more than this; in fact, only 12 people in the world can claim to be worth $100 million or more.
"The Big Field General" may have retired from basketball, but he reportedly earns $22 million per year through endorsement deals with AriZona Cream Soda, Icy Hot, Gold Bond, Buick, The General, Pepsi, Reebok, and Zales. That's more than what some people make in a year!
In 2015, it was reported that Shaquille O'Neal makes about $25 million per year. This is based on estimates of his endorsements over the course of a career which began in 1995 and will end in 2020 when he turns 40 years old.
Shaq has been ranked as the highest-paid athlete of all time by Forbes, Sports Illustrated, and ESPN. He also has been listed as number one on the Forbes list of the world's most powerful celebrities.
In 2016, Shaq made $12 million after signing with Chinese team Lebron James's former team, the Cleveland Cavaliers. He then signed with the Houston Rockets later that year. In 2017, he earned $13 million after endorsing American Eagle Outfitters and Foot Locker.
Currently, Shaq is under contract with the Miami Heat and will continue to be until he turns 41 years old. His salary this season is $5 million.
In conclusion, Shaq makes about $22-$25 million per year.
He earns 264.94 percent more than he did in 2020 or 21. He is the Washington Wizards' fifth highest-paid player this season. $13,000,000 in salary
Season | Team | Salary |
---|---|---|
2020/21 | Los Angeles Lakers | $3,562,178 ($3,562,178*) |
2019/20 | Los Angeles Lakers | $1,974,600 ($1,987,350*) |
Shai Gilgeous-Alexander of the Thunder and Trae Young of the Hawks both signed five-year contracts for $172 million in basic salary—an average of $34.4 million each season. If Gilgeous-Alexander or Young make an All-NBA team, their contracts could be valued up to $207 million. However, if they don't make any other all-star teams, their contracts will not be worth anything.
Gilgeous-Alexander's salary is estimated to be around $12 million this season. He can earn an additional $3 million in performance bonuses.
Young's salary is estimated to be $35.8 million this season. Like Gilgeous-Alexander, he can also earn additional money through performance bonuses.
Both players are expected to have huge impacts on their teams this season. Gilgeous-Alexander is considered one of the best point guards in the NBA while Young is being called the "Wilt Chamberlin" of basketball due to his ability to create attention with his actions on the court.
They both had success last season as rookies. Gilgeous-Alexander was selected to the All-Rookie First Team while Young was named to the Rising Stars Challenge at the 2016 NBA All-Star Game.
In addition to having similar salaries, these two players have many things in common.
O'Neal has also played professional basketball alongside Koby Bryant for many years. As of 2021, Shaquille O'Neal's net worth is expected to be over $400 million USD. "God's way of saying nobody's perfect is for me to shoot 40 percent from the foul line."
Shaquille O'Neal is a former basketball player from Newark, New Jersey. O'Neal went on to become one of the finest centers in NBA history. O'Neal has also played professional basketball alongside Koby Bryant for many years. Shaquille O'Neal's net worth is expected to reach at $400 million by 2020.