Imago
NEW YORK, NY – APRIL 14: Shaquille O’Neal attends the ESPN Gala: “30 For 30: This Magic Moment” Screening during the 2016 Tribeca Film Festival at SVA Theatre on April 14, 2016 in New York City. (Photo by Mike Pont/WireImage)
Imago
NEW YORK, NY – APRIL 14: Shaquille O’Neal attends the ESPN Gala: “30 For 30: This Magic Moment” Screening during the 2016 Tribeca Film Festival at SVA Theatre on April 14, 2016 in New York City. (Photo by Mike Pont/WireImage)
Shaquille O’Neal’s time in the NBA is nothing less than legendary. He won four NBA titles with the Los Angeles Lakers and the Miami Heat along with numerous individual accolades.
Moreover, he has tasted success in the world of business as well. Shaq has a massive net worth that is a result of making some smart investing and business decisions. However, he made a huge blunder that cost him hundreds of thousands of dollars.
Watch What’s Trending Now!
Talking in an interview, Shaq gave his insights regarding the world of business and sports entertainment. He stressed the importance of knowing about your taxes and paying them on time. Interestingly enough, he talked about how a blunder cost him around $500,000.
Shaq said, “One time I got a million dollars cheque and I thought it was million dollars but I only got around $500,000 because FICA. But guess how much I spent? A million dollars, which means I was $500,000 in the hole.”
How much did Shaquille O’Neal earn in the league?
Shaquille O’Neal was a star ever since he got drafted by the Orlando Magic in 1992. The 7-foot-1 inch center had already made a name for himself playing for the LSU Tigers and it was time for him to do the same in the NBA.
During his rookie season, he averaged 23.4 points, 1.9 assists, and 13.9 rebounds. These numbers earned him the Rookie of the Year award.
Getty
PHOENIX – FEBRUARY 12: Shaquille O’Neal #32 of the Eastern Conference All-Stars cracks a smile against the Western Conference All-Stars during the1995 NBA All-Star Game on February 12, 1995 at the America West Arena in Phoenix, Arizona. NOTE TO USER: User expressly acknowledges that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License agreement. Mandatory Copyright Notice: Copyright 1995 NBAE (Photo by Andrew D. Bernstein/NBAE via Getty Images)
He played for a number of teams in the NBA. However, he left his mark on the Magic, the Los Angeles Lakers, and the Miami Heat. In 20 seasons in the NBA, Shaq earned almost $300 million in salaries alone. Moreover, he earned an estimated $200 million in endorsements.
Thanks to his success on the basketball court and his business ventures outside of it, Shaq has a huge net worth. O’Neal has a net worth of around $400 million, according to Celebrity Net Worth.
WATCH THIS STORY: How Old was LeBron James In His First NBA Finals?
What is your favorite memory of Shaquille O’Neal? Let us know in the comments down below.
Written by
Edited by
Veer Badani