Pistons Legend Grant Hill Once Dipped Into His Savings for an $850 Million Franchise

In recent times, the idea of NBA legends owning an NBA team has become a reality. We’ve seen Michael Jordan and Magic Johnson have a stake in the Hornets and the Lakers respectively. And, inspired by this, Grant Hill once dip into his own account and invest in a team.

Grant Hill is an NBA legend without a doubt. Hill was incredibly talented, but injuries prevented him from reaching his full potential. Nevertheless, he managed to play 19 seasons in the league, accumulating just over $141 Million in career earnings. And, in 2015, he took the next step, moving from a former NBA superstar to an NBA owner.

Partnering with Tony Ressler, Hill purchased the Atlanta Hawks for $850 Million. It was a huge purchase that made headlines in the NBA world. With this move, Hill joined an elite class of former players, joining Michael Jordan, and Dwyane Wade, a minority owner of the Utah Jazz.

Hill reportedly has a net worth of $250 Million. His $141 Million career earnings aside, G-money earned around $120 Million in endorsements. And, soon after he retired, he began a career as a budding entrepreneur. This ultimately led to his interest in purchasing the Hawks, which he completed two years after his retirement.

9. Grant Hill – $250 million.

• Full name: Grant Henry Hill.
• Birthdate: 5 October 1972.
• Birthplace: Dallas, Texas, United States.
• Age: 50 years (as of February 2023).
•Net worth: $250 million. pic.twitter.com/UCiyw1CR18

— Bosun (@notomoyankee) February 21, 2023

Since buying the Hawks, Hill, Ressler, and company have done incredibly well. They have finished in a Playoff spot six times and even made the Eastern Conference Finals in 2021. And, while they’re still yet to make it to the grandest stage of all, their future looks bright, that too with a generational talent like Trae Young leading the lines.