Shaquille O’Neal Net Worth 2020: Shaq is one of the richest NBA players ever, but what are his sources of income post retirement.
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Shaq will remembered by the NBA fans as one of the most dominant centers in the history of the league. With such dominant performances on the court, Shaq earned millions for himself. But with smart investments and his charismatic off-court persona, the Lakers’ icon has made an enormous fortune for his family.
Shaquille O’Neal Net Worth 2020: How much did he earn from his NBA contracts?
Shaq currently has an estimated net worth of $400 million which makes him one of the richest athletes in the world. Shaq earned around $292 million in his playing days. Shaq was the number one pick in the 1992 draft and made an instant impact in the league.
Shaquille O’Neal finished his NBA career with the fourth-highest earnings in NBA history, behind Kobe Bryant, Lebron James and Kevin Garnett. The former Miami Heats’ star currently lives in a 35000 sq-ft mansion in Orlando. His mansion is currently worth $22 million.
Even though he retired from the league a decade ago, Shaq still earns around $60 million per year from endorsements and various business endeavors.
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How much does Shaq earn from his endorsement deals and other projects?
O’Neal has starred in multiple reality series and hosts his own podcast. His other media roles include being a frequent commentator on NBA games and even a stint in professional wrestling. O’Neal also has a massive list of endorsement deals which comprises of industry leaders like Reebok and Titan.The ‘Diesel’ also purchased a minority stake in Sacramento Kings back in 2013.
O’Neal has been active in the stock market and in real-estate since his early days in the NBA. Shaq made early investments in Google and Apple, two financial decisions which are still paying dividends two decades later. He has shown an interest in the business world as well. On March 22, 2019 it was announced that he would join the Board of Directors of Papa Johns. With the job, Shaq will earn $8.25 million in salary and stock over three years.
He is also investing $840,000 of his own money to buy 30% of a 9-unit franchise of Papa Johns in Atlanta. Shaq has also made other investments in the food industry on food chains like Auntie Anne’s and Krispy Kreme donuts.
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