Connect with us

NBA Players

Magic Johnson Net Worth

Published

on

Magic Johnson Net Worth
Net Worth:$1.2 Billion
Age:66
Born:August 14, 1959
Gender:Male
Height:2.06 m (6 ft 9 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:May 14, 2026

Introduction

Magic Johnson Jr. is an American former professional NBA player with an estimated net worth of $1.2 Billion.

 

Quick Facts

  • Earned $39.3 million during his NBA career
  • Peak annual salary of $3.1 million in 1988
  • Signed a 25-year, $25 million extension with the Los Angeles Lakers
  • The contract paid him $1 million/year until the age of 50

 

Estimated Net Worth

In 2024, Magic Johnson’s net worth is $1.2 Billion. 

One of the most significant issues professional athletes often have is managing their money correctly. Over 65% of NBA players go broke within the first five years of retirement. This shows just how smart Johnson has been with his finances; not only has he been able to keep his NBA earnings, but he has also grown his wealth significantly through other endeavors.

In October 2023, Forbes listed Magic Johnson as a billionaire due to his impressive investment interests, including his 60% stake in the life insurance company Equitrust.

While Johnson only made $40 million from his professional NBA career, his franchise investments and ownership stakes in various companies, including sports teams, catapulted him to billionaire status.

 

NBA Earnings & Contracts

YearTeamSalary
1979/80Los Angeles Lakers$460,000
1980/81Los Angeles Lakers$460,000
1981/82Los Angeles Lakers$460,000
1982/83Los Angeles Lakers$460,000
1983/84Los Angeles Lakers$460,000
1984/85Los Angeles Lakers$1,000,000
1985/86Los Angeles Lakers$2,500,000
1986/87Los Angeles Lakers$1,000,000
1987/88Los Angeles Lakers$2,500,000
1988/89Los Angeles Lakers$3,142,860
1989/90Los Angeles Lakers$1,000,000
1990/91Los Angeles Lakers$2,400,000
1991/92Los Angeles Lakers$2,500,000
1992/93Los Angeles Lakers$2,500,000
1993/94Los Angeles Lakers$2,500,000
1994/95Los Angeles Lakers$1,000,000
1995/96Los Angeles Lakers$1,000,000
1996/97Los Angeles Lakers$1,000,000
1997/98Los Angeles Lakers$1,000,000
1998/99Los Angeles Lakers$1,000,000
1999/00Los Angeles Lakers$1,000,000
2000/01Los Angeles Lakers$1,000,000
2001/02Los Angeles Lakers$1,000,000
2002/03Los Angeles Lakers$1,000,000
2003/04Los Angeles Lakers$1,000,000
2004/05Los Angeles Lakers$1,000,000
2005/06Los Angeles Lakers$1,000,000
2006/07Los Angeles Lakers$1,000,000
2007/08Los Angeles Lakers$1,000,000
2008/09Los Angeles Lakers$1,000,000
Total Career Earnings:$38,342,860

Magic Johnson signed his first NBA contract at 20 years old in 1979. The deal was for five years, worth $2.3 million. While that may not seem like much for the NBA, if we adjust for inflation, that contract would be worth $9.8 million today. Johnson’s first season with the Lakers earned him a base salary of $460,000.

In 1981, Johnson signed a new contract, a deal never seen before in the NBA. The deal was for $25 million over 25 years, starting in 1984 and ending in 2009. This meant that the Lakers would pay Magic Johnson a base salary of $1 million a year, even after he retired and until he turned 50.

Shaquille O’Neal called the contract the worst in NBA history, asking, “How was that even legal?”

Considering that NBA players can often score their most valuable contracts after already finishing their first and second, Johnson’s earning potential was likely cut short. Johnson said he was just happy to be getting paid a million dollars a year.

Although Magic Johnson retired in 1996, the Los Angeles Lakers still paid him his $1 million yearly until 2009. His total NBA earnings amounted to $39 million.

 

Magic Johnson Enterprises

Magic Johnson Enterprises, an investment company, was formed in 1987 by Magic himself. In its early days, the company owned a range of franchises, including 31 Burger King locations and 13 24-Hour Fitness locations. The company also invested in other chains such as TGI Fridays, Sodexo, and Starbucks.

In October 2010, Johnson sold his 4% stake in the Los Angeles Lakers for $27 million. Today, the company provides strategic partnerships, direct company investments, and marketing services. Companies also hire Johnson to speak at events, delivering an estimated 40 speeches per year.

 

Highlights

Here are some of the best highlights of Magic Johnson’s career:

  • NBA All-Rookie Team (1980)
  • 5x NBA champion (1980, 1982, 1985, 1987, 1988)
  • 3x NBA Finals MVP (1980, 1982, 1987)
  • 12x NBA All-Star (1980, 1982–1992)
  • All-NBA Second Team (1982)
  • 9x All-NBA First Team (1983–1991)
  • 3x NBA Most Valuable Player (1987, 1989, 1990)
  • 2x NBA All-Star Game MVP (1990, 1992)

Dan Western is a British journalist with a decade's worth of experience in researching financial information of the world's most influential people.

5 Comments

5 Comments

  1. Orlando Carter

    Mar 22, 2020 at 11:57 pm

    He been some I like as a person and proud of everything he has done and my number one fan in the world

  2. Delano Akins

    Mar 28, 2020 at 3:10 pm

    The Goat not really much else you can say you think what a great story for anyone to be inspired by

  3. Rev.Dr Martha E.Granger

    Apr 17, 2020 at 7:58 am

    I think Majic earned every dime he has, he is an inspiration to the sport of basketball and to African American People in particular and he’s not done yet! Majic has and always will be my favorite player, I like Landon,I liked Kobe but there was and is only one MAJIC!

  4. Yusuf Yahaya

    Apr 22, 2020 at 11:43 am

    I’m greatly inspired by the life of Magic Johnson’s.Despite testing positive to HIV he didn’t allow it to weigh him down.What a man.

  5. Leonardo Skinner

    May 20, 2020 at 12:30 am

    I think Magic Johnson is one of the most
    Inspiring humanitarian in the world today.

Leave a Reply

Your email address will not be published. Required fields are marked *

NBA Players

Elton Brand Net Worth

Find out how the former professional basketball player-turned-manager Elton Brand has earned his impressive net worth.

Andy Dilks Author Profile Image

Published

on

Elton Brand Net Worth Profile
Net Worth:$70 Million
Age:47
Born:March 11, 1979
Gender:Male
Height:2.06 m (6 ft 9 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:May 14, 2026

Introduction

Elton Brand is an American former professional NBA player with an estimated net worth of $70 Million.

Brand is best known for his success with the Los Angeles Clippers and Philadelphia 76ers. One of the top power forwards in the NBA, he has earned the NBA All-Star accolade twice throughout his career.

 

Quick Facts

  • Earned $165.9 million during his NBA career from salary and bonuses
  • Peak annual earnings of $18.1 million in the 2012/13 season
  • Secured endorsement deals with Adidas, Converse, and JCPenney

 

NBA Contracts & Salary

YearTeamSalary
1999/00Chicago Bulls$3,375,960
2000/01Chicago Bulls$3,629,160
2001/02LA Clippers$3,882,360
2002/03LA Clippers$4,895,656
2003/04LA Clippers$10,960,000
2004/05LA Clippers$12,056,000
2005/06LA Clippers$13,152,000
2006/07LA Clippers$14,248,000
2007/08LA Clippers$15,344,000
2008/09Philadelphia 76ers$13,757,844
2009/10Philadelphia 76ers$14,858,472
2010/11Philadelphia 76ers$15,959,099
2011/12Philadelphia 76ers$13,730,999
2012/13Philadelphia 76ers$18,160,355
2013/14Atlanta Hawks$4,000,000
2014/15Atlanta Hawks$2,000,000
2015/16Philadelphia 76ers$890,693
2016/17Philadelphia 76ers$1,000,000
Total Career Earnings:$165,901,096

Elton Brand amassed a substantial fortune during his career, earning close to $166 million in salary and bonuses over 18 seasons in the NBA. Almost 90% of this figure was earned with two teams: the Los Angeles Clippers and the Philadelphia 76ers.

 

Chicago Bulls Contract & Earnings

When the Chicago Bulls selected Elton Brand as the 1st overall pick in the 1999 NBA Draft, they signed him to a four-year, $15.8 million rookie contract. For his first two seasons in the League, Brand earned $3.38 million and $3.63 million, respectively. Following the 2000/01 season, he was traded to the Los Angeles Clippers, where he finished out the remainder of his rookie deal.

 

Los Angeles Clippers Contracts & Salary

Under the last two years of Brand’s rookie contract, he earned roughly $8.8 million with the LA Clippers. Following this, he secured an impressive new agreement valued at $82.2 million over six years. This contract almost tripled his average annual salary, earning him just under $11 million in the 2003/04 season. Over the next four years, Elton’s salary consistently increased, peaking at $15.3 million with the team.

 

Philadelphia 76ers Contracts & Salary

After seven seasons with the Clippers, Elton Brand secured a five-year, $79.8 million contract to play for the Philadelphia 76ers. These next five years would ultimately be regarded as the peak era of Brand’s career, earning at least $13.7 million per season. He earned a career-high $18.16 million in the 2012/13 season, during which he also played briefly for the Dallas Mavericks.

Brand left the 76ers temporarily to play for the Atlanta Hawks, earning him $4 million in 2013 and $2 million in 2014, at which point he was already in his mid-30s. He elected to play the final seasons of his career back in Philadelphia, earning roughly $890,000. Elton also retained $1 million for the 2016/17 season, though he retired in October 2016.

 

Endorsement Deals

Elton Brand was associated with several brands during his career, though details of his endorsement deals are somewhat limited. We earned additional income off the court from sponsorships with companies like Adidas, Converse, JCPenney, and Spalding.

 

Real Estate

In April 2004, Elton Brand paid $3.5 million for a 5,471-square-foot, four-bedroom, five-bathroom home in Los Angeles, California. He sold this property in October 2008 for $4.55 million.

 

Summary 

So there you have it, our complete guide to championship victories and the net worth of professional basketball player Elton Brand. Since retiring from the sport, he has continued to influence the future of basketball as a general manager. Given his net worth is likely to change, we’ll update this article to include all his latest ventures and income details.

Continue Reading

NBA Players

Dorian Finney-Smith Net Worth

Power forward Dorian Finney-Smith has been playing for the Dallas Mavericks since 2016 and, in that time, has earned a remarkable fortune for his talent.

Shawna-Author-Profile-Image

Published

on

By

Shawna
Dorian Finney-Smith Net Worth Profile
Net Worth:$15 Million
Age:33
Born:May 4, 1993
Gender:Male
Height:2.01 m
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:May 14, 2026

Introduction

Dorian Finney-Smith is a professional NBA player for the Houston Rockets with an estimated net worth of $15 Million.

Power Forward Dorian Finney-Smith has over a decade of NBA experience. Thus far in his career, he’s played for four teams: the Dallas Mavericks, Brooklyn Nets, Los Angeles Lakers, and Houston Rockets.

 

Quick Facts

  • Projected to earn $12.7 million for the 2025/26 season
  • Lifetime earnings total $69.6 million
  • Signed a 4-year, $52.7 million contract with the Houston Rockets in 2025

 

NBA Salary

YearTeamSalary
2016/17Dallas Mavericks$543,471
2017/18Dallas Mavericks$1,312,611
2018/19Dallas Mavericks$1,544,951
2019/20Dallas Mavericks$4,000,000
2020/21Dallas Mavericks$4,000,000
2021/22Dallas Mavericks$4,000,000
2022/23Brooklyn Nets$12,939,648
2023/24Brooklyn Nets$13,932,008
Total Career Earnings:$42,272,689

Dallas Mavericks Contracts & Salary

In 2016, Dorian Finney-Smith signed a three-year, $3.4 million contract with the Dallas Mavericks. He earned $543,000 for his first season in the NBA. His salary would increase the following year, to $1.3 million in 2017 and $1.5 million in 2018.

In 2019, he signed another three-year contract with the Mavericks valued at $12 million. Finney-Smith’s current contract is a four-year deal initially signed with the Mavericks, worth $55.6 million.

 

Brooklyn Nets Earnings

Midway through the first season, he was traded to the Brooklyn Nets, but he was still guaranteed the entire $55.6 million. Finney-Smith earned $14 million in 2022 and $13.4 million in 2023. While the 2024/25 season was set to be his final year under the deal, Dorian was traded to the Los Angeles Lakers in December 2024. He retained $5.7 million in salary from the Nets and earned $8.68 million for the remainder of the season at LA.

 

Houston Rockets Contract

In 2025, Dorian signed the second most valuable contract of his career: a four-year, $52.7 million free agent deal with the Houston Rockets. It didn’t include a signing bonus, but was guaranteed for roughly 50% of the contract’s value. He will earn $12.7 million this season, followed by $13.3 million per year for the next three years.

Thus far in his NBA career, Dorian Finney-Smith has earned $69.6 million in salary and bonuses. The majority of which was split between the Mavericks and the Nets. By the end of his current contract, Finney-Smith’s career earnings should surpass $109 million.

 

Additional Income Sources

As far as we’re aware, Dorian Finney-Smith has yet to sign any major endorsement deals, and his NBA earnings account for almost all of his total income. According to Kix Stats, the power forward has worn Nike shoes in 99.8% of his games, likely indicating an endorsement deal with the brand.

Continue Reading

NBA Players

Charles Barkley Net Worth

Published

on

Charles Barkley Net Worth
Net Worth:$60 Million
Age:63
Born:February 20, 1963
Gender:Male
Height:1.98 m (6 ft 6 in)
Country of Origin:United States of America
Source of Wealth:Professional NBA Player
Last Updated:May 14, 2026

Introduction

Charles Barkley is an American retired professional NBA player and analyst with an estimated net worth of $60 Million. 

In an NBA career spanning 16 seasons, Charles Barkley played for three teams: the Philadelphia 76ers, Houston Rockets, and Phoenix Suns. He averaged 22.1 points per game and earned more than $40 million in salary and bonuses during his time in the league. Since retiring, Barkley has been working as a broadcaster with TNT Sports on Inside the NBA, which has actually earned him more money.

This profile details our research into Charles Barkley’s net worth, NBA contracts, salary, broadcasting career, and any other relevant information.

 

Quick Facts

  • Earned $40.6 million during his NBA career
  • Adjusted for inflation, this figure would equal $91.2 million today
  • Peak annual salary of $9 million in 1999
  • Most valuable contract: 5-year, $19 million extension with the Suns
  • Signed a 10-year, $210 million extension with TNT Sports in 2022

 

NBA Contracts & Salary

YearTeamSalary
1984/85Philadelphia 76ers$307,000
1985/86Philadelphia 76ers$437,500
1986/87Philadelphia 76ersUnknown
1987/88Philadelphia 76ers$822,500
1988/89Philadelphia 76ers$1,536,000
1989/90Philadelphia 76ersUnknown
1990/91Philadelphia 76ers$2,900,000
1991/92Philadelphia 76ers$3,200,000
1992/93Phoenix Suns$2,420,000
1993/94Phoenix Suns$3,250,000
1994/95Phoenix Suns$4,030,000
1995/96Phoenix Suns$4,760,000
1996/97Houston Rockets$4,695,000
1997/98Houston Rockets$2,250,000
1998/99Houston Rockets$1,000,000
1999/00Houston Rockets$9,000,000
Total Career Earnings:$40,608,000

During his NBA career, Charles Barkley earned $40.6 million in salary, split rather evenly among the 76ers, Suns, and Rockets.

 

Philadelphia 76ers Contracts & Salary

The Philadelphia 76ers selected Charles Barkley as the 5th overall pick in the 1984 NBA Draft and signed him to a four-year rookie contract worth roughly $2 million. He earned $307,000 in his debut season with the team, though this was back in 1985. Adjusted for inflation, it would amount to roughly $880,000 in today’s dollars. Barkley also earned $437,500 in 1985, an undisclosed sum in 1986, and approximately $822,500 in 1987.

Following this, Barkley signed a new five-year deal with the 76ers, which significantly increased his annual salary. By the early 1990s, he’d begun earning between $2.9 million and $3.2 million per year. However, in 1992, ahead of the final year of his contract, Barkley requested a trade, as he was unhappy with the team’s management and its lack of success. He was traded to the Phoenix Suns in June that year, and his total earnings with the 76ers amounted to $9.2 million.

 

Phoenix Suns Contracts & Salary

Upon joining the Phoenix Suns, Charles Barkley reportedly earned $2.4 million in the 1992/93 season. He then signed a five-year, $19 million veteran extension with the team, which increased his average annual salary slightly to $3.8 million. Barkley played with the Suns for four seasons in total, earning $14.46 million.

 

Houston Rockets Contracts & Salary

Barkley played out the remainder of his contract with the Houston Rockets and then signed a new one-year deal ahead of the 1998/99 season. Unfortunately, this year coincided with an NBA lockout, which led to him being paid a prorated salary of just $1 million. Barkley’s final contract with the team and of his career was worth $9 million for the 1999/2000 season. This was the highest-earning year of his career, which brought his total earnings with the Rockets to roughly $16.9 million.

 

Inside the NBA

In 2000, almost immediately after retiring, Charles Barkley signed a contract with TNT Sports to become a broadcaster on Inside the NBA. Now, having spent more than two decades with the network, Barkley continues to work for TNT, despite the company losing its NBA rights in 2025. His earnings from playing in the NBA pale in comparison to his TNT contracts.

According to reports, by the 2010s, Charles was earning between $5 million and $6 million per year in salary from TNT Sports. In 2022, he signed an astonishing 10-year contract extension worth $210 million, equating to $21 million in annual compensation. The signing came amid interest from LIV Golf to steal him away from the network. 

In 2024, after just two years on the deal, Barkley initially announced that he would be retiring at the end of the season. However, he later changed his mind and elected to stay on with TNT Sports. In an interview with Sports Illustrated, Charles said he wanted to retire well before the end of his contract, ideally completing five years (half of the deal). He has also stated that this decision will leave roughly $100 million on the table, resulting in approximately $110 million in earnings over five years.

Based on all the information available to us, Charles Barkley has likely earned well over $150 million from TNT Sports since 2000. His actual earnings could be much higher, but are likely to fall between $150 million and $200 million.

 

Real Estate

In February 1998, Charles Barkley purchased an 8,661-square-foot, five-bedroom home in Scottsdale, Arizona, for $2.2 million. Not much is known about the property, but Charles and his wife, Maureen, are still listed as its owners. Interestingly, in June 2024, Zillow updated its listing to indicate that the property was for sale for $6 million. The source of the update is listed as the owner; however, we’re unsure of its accuracy.

 

More Philadelphia 76ers players:

Continue Reading

Latest Posts

J Cole Net Worth Profile J Cole Net Worth Profile
Net Worth1 week ago

J Cole Net Worth

Introduction J. Cole is an American professional rapper, singer, and producer with an estimated net worth of . Thus far...

Bradley Chubb Net Worth Profile Bradley Chubb Net Worth Profile
Net Worth3 weeks ago

Bradley Chubb Net Worth

Introduction Bradley Chubb is an American professional NFL outside linebacker for the Buffalo Bills with an estimated net worth of...

Jason Spezza Net Worth Profile Jason Spezza Net Worth Profile
Net Worth1 month ago

Jason Spezza Net Worth

Exploring the national and international track record of Canadian professional ice hockey player Jason Spezza.

Elton Brand Net Worth Profile Elton Brand Net Worth Profile
NBA Players1 month ago

Elton Brand Net Worth

Find out how the former professional basketball player-turned-manager Elton Brand has earned his impressive net worth.

Dorian Finney-Smith Net Worth Profile Dorian Finney-Smith Net Worth Profile
NBA Players1 month ago

Dorian Finney-Smith Net Worth

Power forward Dorian Finney-Smith has been playing for the Dallas Mavericks since 2016 and, in that time, has earned a...

Ben Stiller Net Worth Profile Ben Stiller Net Worth Profile
Actors2 months ago

Ben Stiller Net Worth

Introduction Ben Stiller is an American professional actor, comedian, and producer with an estimated net worth of . Although Stiller...

Bobby Wagner Net Worth Profile Bobby Wagner Net Worth Profile
Net Worth2 months ago

Bobby Wagner Net Worth

Introduction Bobby Wagner is an American professional NFL linebacker for the Washington Commanders with an estimated net worth of ....

James Conner Net Worth Profile James Conner Net Worth Profile
Net Worth2 months ago

James Conner Net Worth

Introduction James Conner is an American professional NFL player for the Arizona Cardinals with an estimated net worth of . ...

Xavien Howard Net Worth Profile Xavien Howard Net Worth Profile
Net Worth2 months ago

Xavien Howard Net Worth

Introduction Xavien Howard is an American former professional NFL cornerback with an estimated net worth of .  During his ten-season...

James Franco Net Worth Profile James Franco Net Worth Profile
Actors2 months ago

James Franco Net Worth

James Franco is an award-winning actor who earned a fortune in film and television.

Trending