NEW YORK, July 2, 2013 \/PRNewswire\/ --Three-quarters of the top 10 ultra wealthy National Basketball Association (NBA) players were drafted in the mid-1990s, suggesting longevity in the sport and corporate endorsements are key to wealth for today's athletes. <\/p>\n
These are the findings by Wealth-X, the ultra high net worth (UHNW) business development solution for private banks, luxury brands, educational institutions and non-profits, which released its ranking of ultra wealthy players following this year's NBA Draft. <\/p>\n
The NBA's wealthiest have been playing for an average of 15 years, or since 1998, which is considered a long career by athlete standards. <\/p>\n
Leading the pack is Kobe Bryant, LA Lakers shooting guard, with a total net worth of US$220 million. Drafted in 1996, Bryant, who will earn US$27.85 million in the 2012-2013 season, continues to draw the highest salary in NBA. This is supplemented by multi-million dollar endorsements with Nike, Coca Cola, Turkish Airlines, Mercedes-Benz, Lenovo, Panini and Hublot. <\/p>\n
Boston Celtics forward Kevin Garnet ranks at number 2 with a net worth of US$190 million. The veteran player with a 17-year NBA career has endorsements with Anta, a Chinese sportswear company, and coconut water brand Zinco, worth US$4 million. <\/p>\n
Below is the top 5 wealthiest NBA players by net worth: <\/p>\n
Rank <\/p>\n
Name <\/p>\n
Net Worth (US$ million) <\/p>\n
NBA Draft Year <\/p>\n
<\/p>\n
Follow this link: NEW YORK, July 2, 2013 \/PRNewswire\/ --Three-quarters of the top 10 ultra wealthy National Basketball Association (NBA) players were drafted in the mid-1990s, suggesting longevity in the sport and corporate endorsements are key to wealth for today's athletes. These are the findings by Wealth-X, the ultra high net worth (UHNW) business development solution for private banks, luxury brands, educational institutions and non-profits, which released its ranking of ultra wealthy players following this year's NBA Draft Continue reading
\nLongevity And Endorsements Key To Wealth For Millionaire NBA Players<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"