National Basketball Association, NBA, is one of the highest paying sports association in professional sports. And in obvious terms, the association pays a lot to the professionals. Similarly, today we bring the story of a former NBA player Chris Webber, who is a five-time NBA All-Star and All-NBA Team member, and a former No. 1 overall NBA Draftee.
Chris Webber, a former American basketball player, played in the NBA for 15 years, from 1993 to 2008. During his career span, Chris played for five different teams. Let's find out his earnings from his professional NBA career, and his net worth, as well.
Chris Webber is one of the greatest NBA professionals. Accounting together his salary and contracts, Chris had career earnings of over $176 million.
Post-retirement, Chris enjoys a net worth of $80 million. Chris net worth has shown a drastic change following his retirement.
In 2008, Chris' net worth was estimated at $143.4 million, The Richest claims. And the figure drastically changed after his retirement in 2008.
In fact, Chris lost over $60 million in a decade time. After his retirement, Chris is still in association with NAB and works as an analyst on NBA TV's NAB Gametime Live.
His annual salary as an analyst is $125,000.
Chris Webber played his college basketball for the Michigan University (1991-93). Chirs was drafted as the 1st overall pick in the 1993 NBA Draft by Orlando Magic, becoming the sophomore to be drafted as the 1st overall pick after Magic Johnson.
Also Read:Magic Johnson's son comes out as a gay
The Magic immediately traded him to the Golden State Warriors. A deal made in exchange for Penny Hardaway. On October 19, 1993, the Warriors offered him a 15-year contract worth $74.4 million. However, Chris played a single season with the Warriors and joined the Washington Wizards in 1994 and played until 1997.
For the 1997/98 season, Chris recorded $8 million in annual salary, while the NBA legend Michael Jordan recorded the highest annual salary of over $33 million.
For the 1998-99 season, Chris joined the Sacramento Kings, where he was offered $10 million for the first season. On July 27, 2001, Chris signed a 7-year contract worth $127 million with the Kings.
In February 2005, Chris joined the Philadephia 7ers, where he played for 2 years making an average of $18 million annually. In 2007, Chris joined the Detriot Pistons and returned to the Warriors in 2008.
Have a look at his club earnings.
Year | Club | Earning |
1993-95 | Golden State Warriors | $1.6 million |
1994-98 | Washington Wizards | $26.08 million |
1998-2005 | Sacramento Kings | $99.8 million |
2005-2007 | Philadelphia 7ers | $36.8 million |
2007 | Detriot Pistons | $602, 173 |
On March 25, 2008, Chris offically retired from basketball due to persisent problem on his knees.
Well, though he has already retired, he is no less than an inspiration for young NBA players like Kevin Durant, Adam Silver, Alex Caruso.