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Former NBA athlete Junior Bridgeman is now a billionaire. From NBA Player To Successful Businessman Bridgeman was among the 1975 NBA Draft class and was selected in the first round as the eighth pick by the Los Angeles Lakers, notes Basketball Reference. He was soon traded to the Milwaukee Bucks as part of a deal to bring Kareem Abdul-Jabbar to the Lakers. He went on to play with the Bucks until 1984 before spending two years with the Los Angeles Clippers. Bridgeman returned to the Bucks for his final season in 1986-87, according to ESPN. His starting salary in the league was two payments totaling $140,000, but he only saw $55,000 due to taxes and agent fees. Over his 12-year playing career, he earned $2.95 million and never made more than $350,000 in a single season. When Bridgeman retired from the league in 1987, he had already considered a roadmap for his post-career as a businessman. Forbes notes that he received guidance from former Milwaukee Bucks owner Jim Fitzgerald, who...
John Hope Bryant is investing in the businesses of Albany State University graduates. As AFROTECH™ previously reported, Bryant has served as the chairman and CEO of Operation HOPE Inc. since 1992. The organization focuses on improving financial well-being in underserved communities, benefiting 2.8 million people and directing $2.4 billion in private capital. During an appearance on the “Black Tech Green Money” podcast, Bryant emphasized that financial literacy is the new civil rights movement for this generation. “We have got to be as obsessed with this as we were with the right to vote,” he explained. Bryant continues to be a voice and a vessel, and this was displayed on Saturday, Dec. 14, 2024, at Albany State University (ASU) in New York. He served as the commencement speaker in front of a crowd of over 700 students, according to WALB News. “John and I are good friends. We’ve known each other for a while,” ASU I nterim President Dr. Lawrence M. Drake II told the outlet. “I also...
Carmelo Anthony is open to team ownership with his longtime friends LeBron James And Dwyane Wade. Anthony is already inching closer to obtaining ownership in the National Basketball League (NBL) after being named a Global Ambassador of its innovative Next Stars program, a news release mentions. With his appointment, it also means he can one day be part of an ownership team when the league expands. Speaking of his appointment, Anthony said, “The recent pipeline of talent that has come out of the NBL and into the NBA has been extremely impressive, and the Next Stars program is a prime example of the league’s commitment to nurturing talent and cultivating elite players. I look forward to working with the League to help play a role in shaping the future of basketball worldwide.” Anthony’s interest in team ownership, to no surprise, also includes the NBA. The 10-time All Star was drafted in 2003 to the Denver Nuggets as third overall draft pick, the NBA notes. He went on to spend...
Dennis Rodman is likely best known for his prolific career with the NBA , showcasing incredible defensive abilities during his 20-year tenure on the court. However, the retired basketball star has gone on to exhibit a host of eccentric accolades in his 62 years on Earth, making him one of the most interesting humans to ever live. Today, Dennis Rodman touts a paltry net worth of only $500,000 according to Watcher Guru , in spite of his multi-million dollar legacy. Rodman sits at this figure for a number of reasons, most notably due to a number of shady business deals that saw his long-time financial advisor embezzling millions from his personal fortune. Despite Dennis Rodman’s lower-than-expected net worth, the retired basketball legend seems to be living comfortably today, and has tons of social credit to fall back on in case he needs additional financial security. Since retiring from the NBA, Rodman has gone on to wrestle at a professional level, appear in numerous film and...
Anyone who followed the NBA in the 1970s and 1980s is familiar with the name Kareem Abdul-Jabbar. The six-time NBA champion is also the all-time leading scorer and the only six-time MVP. With long-time stints for both the Los Angeles Lakers and the Milwaukee Bucks, no one would argue that Abdul-Jabbar is one of the GOATs (greatest of all time). While basketball put Kareem’s name on the map, cinephiles might remember him from cameos in classic movies like “Airplane!” and even playing opposite Bruce Lee with a fight scene in “Game of Death.” Considering his storied athletic career and expansion into activism, Kareem Abdul-Jabbar is a legend. Just how much is this storied icon worth these days ? Kareem Abdul-Jabbar’s Early Life Kareem Abdul-Jabbar was born Ferdinand Lewis Alcindor Jr. in 1947 in Harlem, a famous neighborhood in New York. His mother migrated to New York after relocating from North Carolina while his father was a Trinidadian immigrant. Although born in Harlem, his family...