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Famous NBA Players Who Became Business Moguls

In this article, we will look at the famous NBA players who became business moguls. There is a long list of players who achieved this feat.

MM
Last updated: 12.06.2022
Famous NBA Players Who Became Business Moguls
In this article, we will look at the famous NBA players who became business moguls. There is a long list of players who achieved this feat.

 

Mark Cuban

Cuban started his own company, MicroSolutions, with support from his previous customers from Your Business Software. MicroSolutions was initially a system integrator and software reseller.

 

Al Harrington

In 2012 when Harrington`s basketball career ended, he founded Viola.  The cannabis company made around $20 million last year. The industry is projected to generate annual revenue of $65 billion by 2030. He`s also focused his passion for entrepreneurship to help increase minority ownership within the cannabis industry and support communities affected by the war on drugs.

 

LeBron James

According to Forbes, LeBron James has tallied $385 million in on court earnings in addition to $900 million in off the court ventures. Forbes Chase Peterson Withorn reported  that James' net worth surpassed the $1 billion mark after he earned $121.2 million in 2021.


Pat Riley

Pat has been the team president of the Miami Heat since 1995 and he also served as the team`s head coach from 1995 to 2003 and again from 2005 to 2008. Riley is a ten time NBA champion across his tenures as a player (1972), assistant coach (1980), head coach (1992, 1985, 1987, 1988, 2006) and executive (2006, 2012, 2013).


Andre Iguodala

Iguodala has invested in more than 50 companies and his current investment include Datadog Inc.  Robinhood, Cloudflare, Allbirds, Casper Sleep Inc and Hims, which is going public via SPAC Oaktree Acquisition Corp.

 

Grant Hill

NBA legend Grant Hill is one of the best players of all time now in his retirement , Hill is a skilled basketball analyst and commentator, a successful entrepreneur and a philanthropic driving force behind community causes.

 

Masai Ujiri

Masai is an English born Nigerian professional basketball executive and former player who is the president of basketball operations of the Toronto Raptors in the NBA. As a result he was named the NBA Executive of the Year in 2013.


David Stern

Former NBA commissioner David Stern, a visionary who turned the pro basketball league into a popular and global multibillion dollar business and became one of the best commissioners in pro sports.

 

Hakeem Olajuwon

In 2008 Hakeem was inducted into the Basketball Hall of Fame and in 2016 he was inducted into the FIBA Hall of Fame. He has made estimated profits exceeding $100 million in real estate business.


Carmelo Anthony

Carmelo Anthony understood very early on that his “job” will not pay him forever.  Carmelo acknowledged, the sooner you invest or create multiple streams of income, the greater the growth potential.

Carmelo owns a tech venture capital firm Melo7 Tech Partners, which invests in early stage digital media, consumer internet and technology ventures.  Over the years, Melo7 has made more than two dozen investments, including funding start-ups.

 

Baron Davis

Baron is a basketball legend with the accolades to prove it.  Baron has developed an impressive entrepreneurial portfolio through his company Baron Davis Enterprise

 

Dennis Rodman

Dennis is a 5x NBA champion, 2x NBA all star and NYT bestselling author. He is known for being one of the fiercest rebounders and one of the best defenders.

 

Kobe Bryant 

Kobe Bryant started his own production company, Granity Studios, which won an Oscar in 2018 for best animated short for his “Dear Basketball”film.

 

Jerry Buss

Purchased the LA Lakers, LA Kings and The Forum. The NBA legend had the Lakers winning a the NBA Championships 17 times.  He was primarily responsible for making the Lakers the ‘Showtime’ team and won 10 titles as a franchise owner.

 

Jamal Mashburn

All Star legend NBA Jamal Mashburn is now, one of the most prolific savy entrepreneurs to retire from NBA and has ownership interest in numerous restaurant franchises..

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