Moses Malone, an iconic figure in basketball, is widely known for his incredible achievements on the court, but just as impressive is his financial legacy. At Aupeo, we aim to provide an in-depth look into Moses Malone net worth, highlighting his career earnings, significant financial milestones, and the salaries that contributed to his wealth.
Malone’s journey, from being a high school basketball star to dominating the professional leagues, not only boosted his reputation but also his finances. Let’s explore how he built his career and financial success, and how his achievements shaped his wealth.
Contents
- 1 Quick Facts
- 2 What is the Net Worth Of Moses Malone in 2024?
- 3 Salary and Finance Overview
- 4 FAQs About Moses Malone
- 4.1 How did Moses Malone start his basketball career?
- 4.2 Which teams did he play for in the NBA?
- 4.3 How many NBA MVP awards did he win?
- 4.4 What were his career points and rebounds?
- 4.5 Did he win an NBA Championship?
- 4.6 Was he ever inducted into the Basketball Hall of Fame?
- 4.7 What was his biggest contract?
- 4.8 How did Moses Malone contribute to his teams’ success?
- 4.9 What was Moses Malone’s nickname?
- 4.10 What is his legacy in basketball?
- 5 Conclusion
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Moses Eugene Malone |
| Popular Name | Moses Malone |
| Gender | Male |
| Birth Date | March 23, 1955 |
| Age | 60 (Died: September 13, 2015) |
| Parents | Mary Malone |
| Siblings | N/A |
| Birthplace | Petersburg, Virginia, U.S. |
| Nationality | American |
| Ethnicity | African American |
| Education | Petersburg High School |
| Marital Status | Married |
| Spouse | N/A |
| Children | Moses Malone Jr. |
| Dating | N/A |
| Net Worth | $5 million (at the time of death) |
| Source of Wealth | Professional Basketball |
| Height | 6 ft 10 in (2.08 m) |
What is the Net Worth Of Moses Malone in 2024?
In 2024, Moses Malone’s net worth is estimated at around $5 million, despite his passing in 2015.
His financial legacy remains significant, especially compared to other NBA greats. While Malone’s net worth may not match the astronomical figures of today’s stars, his impact and wealth remain notable.
Comparing his net worth with others in the industry, here’s a quick look at those who also left a lasting legacy:
- Julius Erving
- Hakeem Olajuwon
- Philadelphia 76ers
- Kareem Abdul-Jabbar
- Atlanta Hawks
- Houston Rockets
- Charles Barkley
- San Antonio Spurs
- Dennis Rodman
- Milwaukee Bucks
For those interested in exploring more about the wealth of NBA legends, check out the wealthiest basketball players.
Salary and Finance Overview
Early Life and Entry into Professional Basketball
Moses Malone‘s early life and transition into professional basketball played a vital role in shaping his financial future. He made the bold decision to go directly from high school to the professional leagues, a move that set him apart in his era.
As he entered the American Basketball Association (ABA), Malone quickly made a name for himself. His early salaries in the ABA were modest but gave him the foundation he needed.
Joining the Utah Stars after high school, he began with a five-year contract worth $1 million. This early financial boost came at a time when professional basketball wasn’t as lucrative as it is today, yet it was a remarkable achievement for a young player.
Career Highlights Across Different Teams
Throughout his long career, Malone played for multiple teams, each contributing to his financial and professional growth. His most financially successful stints were with the Philadelphia 76ers and the Houston Rockets, where his contributions to the game were rewarded handsomely.
Malone’s ability to secure high-value contracts increased as he continued to win awards, such as NBA MVP and NBA Finals MVP. This helped propel his earnings to a total career income of $13.9 million by the time he retired.
Significant Financial Milestones
Malone’s career saw several significant financial milestones. His largest contracts came during the peak of his career, including a standout six-year deal with the Philadelphia 76ers that guaranteed him $13.2 million.
Over the years, he maintained high salaries, and his largest annual salary, $2 million, came while playing for the Atlanta Hawks. His multiple MVP awards and reputation as one of the league’s top players significantly increased his earning potential.
Contract Deals and Salary Growth
Moses Malone’s earnings steadily increased throughout his career, with each new contract building upon the last. The Houston Rockets gave him his first big break in the NBA, while his trade to the Philadelphia 76ers cemented his status as a high-earning player.
Malone’s contract negotiations always took into account his incredible contributions on the court. His salary growth is a testament to his enduring value as a player, even in the later years of his career.
Endorsements and Financial Ventures
While Malone wasn’t as commercially active as some of his contemporaries, his post-career income was still supplemented by endorsement deals and other ventures. His fame, particularly during his championship years with the 76ers, opened the door for several endorsement opportunities, though exact figures are harder to pin down.
He also took on coaching roles after his playing career, notably as an assistant coach for the Philadelphia 76ers, further contributing to his post-retirement finances.
Post-Retirement Ventures
In addition to coaching, Moses Malone’s post-retirement years were marked by financial management that allowed him to maintain his wealth. His focus on investments and community engagement, though less publicized than his on-court achievements, helped sustain his financial legacy.
FAQs About Moses Malone
How did Moses Malone start his basketball career?
He began his career straight out of high school by signing with the Utah Stars in the ABA, becoming one of the first players to go directly from high school to professional basketball.
Which teams did he play for in the NBA?
He played for several teams, including the Houston Rockets, Philadelphia 76ers, Atlanta Hawks, Milwaukee Bucks, and San Antonio Spurs.
How many NBA MVP awards did he win?
He won three NBA MVP awards, in 1979, 1982, and 1983.
What were his career points and rebounds?
He scored 29,580 career points and grabbed 17,834 rebounds during his career.
Did he win an NBA Championship?
Yes, he won an NBA Championship with the Philadelphia 76ers in 1983, where he was also named NBA Finals MVP.
Was he ever inducted into the Basketball Hall of Fame?
Yes, Moses Malone was inducted into the Basketball Hall of Fame in 2001, solidifying his place among the basketball greats.
What was his biggest contract?
His largest contract was a six-year, $13.2 million deal with the Philadelphia 76ers, signed in 1982.
How did Moses Malone contribute to his teams’ success?
Malone was known for his rebounding prowess, leading the NBA in rebounds six times, and for his ability to dominate the paint, particularly during his championship run with the 76ers.
What was Moses Malone’s nickname?
He was nicknamed the Chairman of the Boards for his exceptional rebounding ability.
What is his legacy in basketball?
His legacy is marked by his MVP titles, his dominance on the court, and his inclusion in the NBA’s 50th and 75th Anniversary Teams.
Conclusion
Moses Malone’s career is a testament to hard work, resilience, and financial success. To explore more in-depth analysis of basketball legends and their financial impact, leave a comment or read more on our website at aupeo.com.
