Shaquille O'Neal, an American basketball player, professionally played as an NBA player from 1992 to 2011. In his 19 NBA season with 6 teams, O'Neal called in massive contracts that showered him with millions of dollars.
Elected into the 2017 FIBA Hall of Fame, O'Neal currently serves as a sports analyst for TNT's Inside the NBA. As of April 2020, the retired American basketballer has an estimated net worth of $400 million.
In a fact, the 4-times NBA Champion made $286.34 million in salary alone throughout his career, while his career earnings of Shaquille count over $700 million as per Forbes.
In an interview with Yahoo, he explained that he turned his $286 million NBA earnings into $700 million through investments in several businesses. He has stated that his first investment was in google.
Apart from the NBA career, he makes money from endorsements and business endeavors; he is reported to earn a salary of around $60 million per year, as per Celebrity Net Worth.
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Following the 1992 NBA Draft by Orlando Magic, Shaquille O'Neal's professional career began to bloom, benefiting him with massive contracts and endorsements.
Having spent time under Hall of Famer Magic Johnson, Shaq became one of the best-NBA figures, resulting in his election to FIBA Hall of Fame later in 2017.
Over his 19 years of NBA career, Shaq played for 6 teams including Los Angeles Lakers before retiring on June 3, 2011, playing alongside Boston Celtics.
According to Celebrity Net Worth, Shaquille O'Neal owns the net worth of around $400 million as of April 2020. Back in 2002, his fortune recorded $222 million that raised to $350 million in September 2016.
Retired American NBA player Shaquille O'Neal is a multi-millionaire
Throughout his career, O'Neal earned $286,344,668 from salary alone, while the endorsements and business endeavors still earn him $60 million per year.
His career peak salary was reported to be $27 million per season.
For a fact, his 7-year contract worth $120 million with the Lakers signed on July 18, 1996, was the then-richest contract in sports history.
Here is the career stats of Shaquille O'Neal:
Well, O'Neal is among the only 3 players to win NBA MVP, All-Star game MVP and Finals MVP in the same year, i.e. in 2000; he shares the record with Willis Reed and Michael Jordan.
No doubt that Shaq has been an inspiration to many famous NBA players like Stephen Curry, Lebron James and many more.
Did you know? As per Forbes, only Kevin Garnett and Kobe Bryant have earned more than Shaq's on-court earnings of $292 million.
Shaquille signed his first-ever professional contract with Orlando Magic on August 6, 1992. The 4-year deal was worth $17.4 million that earned him $4.35 million per season on average.
As of 2020, his annual salary sits at $60 million as per Celebrity Net Worth.
Check out the timeline of O'Neal's contracts:
Here is the list of Shaquille's salary:
Orlando Magic (4 seasons)
Total Salary From Magic
Los Angeles Lakers (9 seasons)
Total Salary From Lakers
Miami Heat (2 seasons)
Total Salary From Miami
Phoenix Suns (2 seasons)
Total Salary From Phoenix
|2010-2011||Boston Celtics||$1.352 million|
Well, Shaq is also active in the music career and has released 4 studio rap albums: Shaq Diesel (1993), Shaq Fu: Da Return (1994), You Can't Stop the Reign (1996) and Respect (1998).
Among them, his debut album Shaq Diesel made up to the RIAA platinum certification.
Moreover, he has appeared in a feature film Kazaam (1996) where he was paid around $7 million.
|Scary Movie 4 (2006)||Himself||$40 million||$178.3 million|
|Jack and Jill (2011)||Himself||$79 million||$149.7 million|
|The Smurfs 2 (2013)||Smooth Smurf (voice)||$105 million||$347.5 million|
|The Lego Movie (2014)||Himself (voice)||$60-$65 million||$469.1 million|
Currently, Shaquille O'Neal lives in Orlando, Flordia; he owns numerous million dollars real estate in the states.
Well, the former NB star is active in real estate entrepreneurship as he buys the house of homeowners facing foreclosure and later selling the homes back in affordable price with some profit in return.
Sources report that O'Neal is attempting to sell his palatial Orlando mansion featuring 12 bedrooms, 15 bathrooms, and a 17-car showroom garage. Back in late 2018, the retired player put a tag of $28 million for sales but chopped-off the price to $21.9 million in January 2019.
Shaquille O'Neal's Orlando, Florida mansion price dropped from $28 million to $21.9 million
As reported, O'Neal put the property in the market after 26 years of purchase; he had bought it in 1993 for $4 million.
Well, he owns another 70,000 sq. mansion in Isleworth, Florida, bought in November 2012 for $250 million as per The Richest.
Check out other real estate owned by Shaquille O'Neal:
|Bell Canyon, California (bought in 2018)||$1.815 million||Spread on 5,217-sq. ft. and boasts 5 bedrooms and 4.5 bathrooms|
|Mount Dora, Florida (purchased in November 2012)||$235,000||Modest 5-bedroom home|
|Boston, Massachusetts (bought in 2011)||$8.75 million||Boasts on 9,000 sq. ft. has 5 bedroom and 5 bathrooms and 3 half-bathrooms|
|McDonough, Georgia (June 2016)||$1.5 million||2-homes with 14-acre compound|
As reported, back in December 2009, he sold his 8-bedroom Moroccan fantasy estate in Miami, Florida for $16 million.
Formerly, Shaq had residences in Paradise Valley, Arizona, Beverly Hills, California, and Sudbury, Massachusetts.
Apart from luxurious mansions, Shaquille O'Neal owns a collection of luxury cars:
Shaquille O'Neal and his Lamborghini Gallardo
The total worth of his car collection is estimated to be over $1 million.
Without a doubt, O'Neal lives a lavish lifestyle and does have huge expenses on daily life luxury, travels, accommodations, and clothes.
Did you know? After Hall of Fame center George Mikan died, whom Shaq considered his major influence, he humbly extended an offer to pay all of the funeral expenses.
Since Shaq O'Neal lives in Florida, he is liable to follow the State's tax policy, which takes away 1.18% of the asset's assessed value as property tax. In addition to that, Shaq has to pay $1,528 per year as a house insurance premium.
Well, his income of $10 million seeks $3.90 million as income tax, inclusive of 36.61% Federal tax and 2.41% FICA.
Meanwhile, the details on the former NBA player's health insurance is not out, but his car's insurance heats up his pocket for sure.
The average insurance cost for Rolls Royce is $5,138 per year while a Lambo calls for $6,816 per year.
Over the years, with his rage in NBA career, Shaq got queues of request for endorsements and reportedly has endorsed about 50 companies till date including Icy Hot, Radio Shack and Comcast.
Moreover, he has licensing deals with Macy's, Zales and Arizona Beverage Co. Back in 2013, O'Neal released Soda Shaq Cream Soda with Arizona and also endorsed Toys R Us for several years.
In 2013 election-bid, Shaq O'Neal endorsed Republican New Jersey governor Chris Christie.
In May 2016, he signed a lifetime deal with Authentic Brands Group, estimated to be worth $200 million.
Well, he is avid Instagram and Twitter user with over 12.7 million followers and 14.8 million followers respectively.
Also, online sources report that Shaquille can earn around $25,331 - $42,218 per sponsored post via Instagram.
Apart from promotional deals, Shaq also makes investments including his ventures in various companies such as General Electric, Apple, and PepsiCo.
Most recently, on March 22, 2019, he joined Board of Directors of Papa Johns, a pizza franchise. As reported, O'Neal will receive around $8.25 million in salary and stock shares for over 3 years.
Moreover, the 2-times NBA Scoring Champion reportedly invested $840,000 to buy the 9-unit franchise of Papa Johns in Atlanta.
Also, the former player became the minority owner of the Sacramento Kings in September 2013. He is on the advisory board for Tout Industries.
Shaquille, the global spokesperson for Krispy Kreme Doughnuts Inc., bought Krispy Kreme at 295 Ponce de Leon Avenue in Atlanta in 2016.
In addition to that, O'Neal is an investor for eSports team NRG Esports.
Aside from his business endeavors, Shaq is also active in charity works and actively supports Boys & Girls Clubs of America, also supported by other celebrities like Lady Gaga, Adam Sandler, Queen Latifah and many more.
He frequently donates to the organization including a $1 million fund for the creation of technology centers in Clubs nationwide, in association with Microsoft Corporation.
Furthermore, O'Neal has associations with other non-profit organizations like Be The Match, Centre ValBio, Free The Children, Kids Wish Network, PeyBack Foundation, and Phoenix House.
Born on March 6, 1972, in Newark, New Jersey, the USA, Shaquille's full name is Shaquille Rashaun O'Neal. After O'Neal's father Joe Toney, a former basketballer got imprisoned for drug possession, he was raised by his mother Lucille O'Neal and step-father Phillip A. Harrison, an Army Sergent.
Well, Shaquille grew up in military bases in Germany and Texas, where he honed his basketball skills.
The attendant of Robert G. Cole High School in San Antonio, Texas, O' Neal later enrolled at Louisiana State University to study business studies. He met then-LSU basketball coach Dale Brown and played for the college team; he is 2-times All-American.
In 1992, Shaquille was drafted by Orlando Magic as the 1st overall pick, which opened the gateway to a promising career later. As reported, despite being a pro player, he continued his education.
In 2012, O'Neal obtained his Ed.D. degree in Human Resource Development.
O'Neal holds American nationality and is of black ethnicity.
Shaquille was once a married man, he divorced Shaunie O'Neal (nee Nelson), his wife of 8 years. The former NBA player married Shaunie, an American TV personality, on December 26, 2002.
Even more, the duo welcomed 4 children: Shareef Rashaun (born on January 11, 2000), Amirah Sanaa, Shaquir Rashaun (born April 19, 2003) and Me'arah Sanaa (May 1, 2006).
Shaquille O'Neal and his ex-wife Shaunie
Also, O'Neal's wife Shaunie has another child, Myles from her previous relationship.
Back on September 4, 2007, the former basketballer filed for divorce but withdrew it later. However, on November 10, 2009, Shaunie filed for divorce citing irreconcilable differences which finalized in 2010.
Well, after the divorce with Shaunie, the NBA champion is not married again but seems to be dating.
Back in January 2019, Shaquille made highlights with his relationship with his new girlfriend Annie Ilonzeh, an actress famous for portraying Emily Foster on Chicago Fire.
Shaquille O'Neal and his girlfriend Annie Ilonzeh
As for a fact, O'Neal is 10 years senior to Ilonzeh.
Well, the duo is yet to announce their engagement or wedding plans.
As reported, Shaq has a daughter named Taahirah O'Neal from his relationship with ex-girlfriend Arnetta Yardbourgh.
He also dated reality TV star Nicole "Hoopz" Alexander; the duo began dating in summer 2010 and even lived together in O'Neal's residence in Sudbury, Massachusetts. However, they split in 2012.
Thereafter, the retired American NBA player began his relationship with model Laticia Rolle, which lasted for 4 years from 2014 to 2018.
O'Neal and his former flame Leticia Rolle
Also, in 2012, the text messages of Shaq and Swedish actress Dominica Westling turned public. It reported the duo was having an affair for a year (2009-2010) while O'Neal was still married to then-wife Shaunie.
Shaquille O'Neal has a towering height of 7 ft. 1 inch (216 cm) and weighs 147 Kg. As of August 2022, his age is 50.
As for a fact, O'Neal is reported to have the biggest feet in NBA with a shoe size of 56 (US), though sometimes wears size 57 shoes.