
via Reuters
Formula One F1 – United States Grand Prix – Circuit of the Americas, Austin, Texas, U.S. – October 24, 2021 American former professional basketball player Shaquille O’Neal is seen on the grid before the start of the race Pool via REUTERS/Darron Cummings

via Reuters
Formula One F1 – United States Grand Prix – Circuit of the Americas, Austin, Texas, U.S. – October 24, 2021 American former professional basketball player Shaquille O’Neal is seen on the grid before the start of the race Pool via REUTERS/Darron Cummings
In the world of basketball, Shaquille O’Neal is one of the most dominant players that we have ever seen in the NBA. Apart from his basketball career, he has been involved with numerous brands, especially since his retirement.
Through his business strategy and skills, he is making millions of dollars every year. According to Celebrity Net Worth, Shaq has an estimated net worth of 400 million dollars. Being a former basketball player, entrepreneur, TV host, and product endorser has also significantly helped him to build his empire.
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According to a report that compares Shaq’s NBA salary versus what he earns as a businessman at present, he earns four times more annually than he did during his NBA career. While this man was at the height of his basketball career, he earned $15M, and as of now, he makes $60M annually from his businesses. Shaq has earned $300M over the course of his 19-year NBA career.
Shaq earns 4x his average NBA salary since he retired from the league.
He averaged $15M a year across his sensational career, but now reportedly makes over $60M annually.
Here’s how the big man has maximized his investments & brand in a way few athletes have ever done before:
— Kicks (@kicks) June 13, 2022
While it is common for athletes to make millions through their NBA careers and lose a significant amount after retirement, the big man chose to invest his earnings and is now reaping the rewards.
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Businessman Shaquille O’Neal continues to soar
As we all know, Shaq has endorsement deals and deals with various prominent brands lined up, but he only approves the ones he believes in. This is what occurred when Shaq became a part of Papa John’s. As we all know, this company has had its share of crises in the past. In these years, Shaq’s entry into the company resulted in a significant increase in its value and success.

via Getty
Shaquille O’Neal speaks during Pepsi Stronger Together and CTG Foundation Atlanta Law Enforcement on in McDonough, Georgia. (Photo by Paras Griffin/Getty Images for Pepsi Stronger Together)
Aside from these, he owns 155 Five Guys Burgers restaurants, 17 Auntie Annie’s Pretzels restaurants, 150 car washes, 40 24-hour fitness centers, a shopping center, a movie theater, and several Las Vegas nightclubs.
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Big Diesel is aware of the value of money and how to spend it in a way that yields profits. Do you think other players can follow Shaq and build a formidable career in business? Let us know what you think in the comment section.
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