Shaq O’Neal Net Worth 2022 | Biography, Income, Career, Cars

Shaquille O’Neal’s Net Worth

Shaquille O’Neal is an American former basketball player, entrepreneur, television host, and product endorser. As of this writing, Shaquille O’Neal’s Net Worth is $400 million.

During his NBA career, Shaq earned $292 million in salary alone. He earned well over $200 million from endorsements during the same period.

Although he has been retired for many years, Shaq still makes around $60 million a year through endorsements and various business ventures to this day.

Shaquille O’Neal Early life

Shaquille O’Neal was born on March 6, 1972, in Newark, New Jersey. His birth father struggled with drug addiction and was jailed for drug possession when O’Neal was a toddler.

The two never had a relationship, and his father relinquished his parental rights to O’Neal’s stepfather.

O’Neal found he attended the Boys and Girls Club in Newark as it was a safe place. He didn’t play on a team, but he used the space to shoot baskets.

However, his stepfather was in the military and the family was soon sent to bases in Germany and Texas.

In high school, O’Neil led his team to a 68-1 record over two years and a state championship in his senior year. After high school, he played for the Louisiana State University team, where he earned a two-time All-American, two-time SEC Player of the Year award, and other honors.

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Shaquille O’Neal NBA Career

In 1992, O’Neal became the first overall pick for the Orlando Magic. A year later, he was named Rookie of the Year and voted Star Starter, not achieved since Michael Jordan.

In his sophomore season, Shaq helped the Magic to their first playoff series. The next year they made it to the finals but lost to the Houston Rockets.

Injuries plagued O’Neal for much of the 1995-96 seasons, although the Orlando Magic still finished the regular season with a winning record.

In that year’s playoffs, O’Neal and the Magic won the first two rounds but were ultimately defeated by Michael Jordan’s Chicago Bulls.

In 1996, O’Neal was part of the Atlanta men’s Olympic basketball team. This team went on to win the Olympic gold medal.

During the Olympics, O’Neal announced his plans to join the Los Angeles Lakers as tensions grew between his coach, teammates, and local Orlando Media. The Lakers offered O’Neal a seven-year, $121 million contract.

This move paired O’Neal with a teenager Kobe Bryant and brought together two of the game’s biggest names on one team.

Although his early years with the Lakers were promising, they failed to win a championship. O’Neal battled injuries and personnel changes until a leadership change turned things around.

The arrival of former Chicago Bulls coach Phil Jackson in the 1999-00 season set the Lakers on a path that would make them a dominant force for years to come.

Jackson challenged O’Neal and got him to step up his defensive play. Shaquille and the Lakers won the NBA championship that year and would go on to win the title for the next two straight years.

O’Neal was traded to the Miami Heat in 2004. The following year, Shaq signed the team to a five-year, $100 million contract.

While he probably could have asked for more money, he indicated it was another championship he was aiming for. The team got its chance the very next year when the Heat beat the Dallas Mavericks to capture the teams’ first-ever title and O’Neal’s fourth.

As of 2008, O’Neal’s days of long-term contracts with teams had come to an end. That year he was traded to the Phoenix Suns, where he failed to make the playoffs for the first time since his rookie season.

At the end of his first season with the team, he was traded to release the budget. Other year-long stints would follow, including with the Cleveland Cavaliers (alongside Lebron James) and his final season with the Boston Celtics.

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Shaquille O’Neal’s Player profile

Shaq is a staggering 7ft 1in and his shoe size is a notable 23. He is best known for his physical build, which gave him a distinct advantage over his opponents.

On two occasions in his early NBA career, Shaq’s overwhelmingly powerful dunks broke through the net’s steel back wall supports.

This prompted the league to increase the strength and stability of the backboards henceforth. O’Neal is famous for his “drop step” move, which he dubbed Black Tornado.

Shaquille O’Neal Age, Height, and Weight

Shaquille O’Neal was born on March 6, 1972, and is 48 years old. He is 7ft 1in and weighs 147kg making him one of the heaviest NBA players in the world.

Shaquille O’Neal Salary

As of January 2021, Shaquille O’Neal has an estimated net worth of more than $400 million. This net worth comes from his career as a professional basketball player. His contract with the Los Angeles Lakers was worth $121 million.

He signed a $100 million contract with the Miami Heat in 2005. Part of his net worth also comes from his acting career and has been in many movies and TV shows like ‘Scary Movie 4’, ‘Jack and Jill’, ‘Freddy Got Fingered’, ‘Fight Your Crush’ and ‘Adults 2’.

Shaquille O’Neal Other media and business Ventures

In the early ’90s, Shaq was quickly becoming a big star, exploring careers in the rap and film industries, appearing in films like “Blue Chips” and “Kazamm.”

He has also guest-starred in a number of other films and television shows, including Curb Your Enthusiasm and The Parkers.

His debut rap album, Shaq Diesel, was released in 1993 and went platinum. He continues to DJ and produce music under the DIESEL name. Shaq has also appeared in several video games throughout his career.

In addition, O’Neal has starred in several reality series and hosts his own podcast. Other media roles include being a frequent commentator on NBA games and even having a stint in professional wrestling.

O’Neal has been in the stock market and real estate since the 1990s. He has also shown an interest in the business world.

On March 22, 2019, it was announced that he would be joining Papa John’s board of directors. The job will earn Shaq $8.25 million in salary and stock over three years.

He is also investing $840,000 of his own money to buy 30% of a 9-unit franchise from Papa Johns in Atlanta.

In 2013, Shaq paid $5 million for a 1 percent stake in the NBA’s Sacramento Kings. In August 2021, Shaq sold his stake in the team so he could become the main backer of an online gambling company called WynnBET. He sold his stake in the Kings for $11 million.

Shaquille O’Neal Endorsements

Few athletes have embraced endorsement as broadly as Shaquille O’Neal. As an instantly recognizable celebrity, a variety of companies have sought him out as a spokesperson.

Some of his better-known endorsements include Pepsi, Carnival Cruise Line, and Reebok. A full list of Shaq’s endorsement deals and commercial appearances would be too long to list.

Shaquille O’Neal Academic Achievements

One of Shaquille O’Neal’s other great accomplishments is earning a Ph.D. in Education. After receiving his master’s degree from the University of Phoenix, O’Neal began the course through the private Catholic institution Barry University.

The course was completed primarily online over several years and reflected O’Neal’s passion for education and his interest in always challenging himself.

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Shaquille O’Neal Marital Life

Shaq married Shaunie Nelson in December 2002. They have four children together: Shareef, Amirah, Shaqir, and Me’arah. Shaq also has a daughter, Taahirah, from a previous relationship with Arnetta Yardbourgh.

O’Neal filed for divorce from Shaunie in September 2007. They changed their minds and retracted their divorce, but in November 2009, Shaunie filed an intent to divorce.

She called irreconcilable differences. O’Neal dated reality star Nicole Alexander from 2010 to 2012. Shaq has been in a relationship with model Laticia Rolle since 2014.

When Hall of Fame center George Mikan died in June 2005, O’Neal paid for all of his funeral expenses.

Shaquille O’Neal Real Estate

In recent years, Shaq’s primary residence has been a massive 12-bedroom mansion in Orlando. The main house is 35,000 square feet with a 6,000 square foot indoor basketball court, a 17 car garage, and a 10-foot privacy wall.

Shaq bought the land for his home in 1993 for $4 million and custom-built his dream mansion.

He first put the house up for sale in May 2018 for $28 million. He lowered the price to $22 million in January 2019. It is in a gated community called Isleworth Golf & Country Club.

In September 2020, Shaq lowered the asking price of the property to $19.5 million. He finally accepted $16.5 million in January 2021.

Outside of Florida, Shaq owns a 15-acre property in suburban Atlanta that he bought in 2017 for $1.15 million.

In 2018, he paid $1.8 million for a house in a gated community in an LA suburb called Bell Canyon. He put this home up for sale in late 2019 for $2.5 million.

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Shaq O’Neal Net Worth | FAQs

As of 2022, Shaquille O’Neal’s net worth is roughly $400 million, making him one of the richest athletes in the world.

Shaquille O’Neal Owns 155 Five Guys Restaurants, 40 Fitness Centers, And 1 Movie Theater Among Other Businesses. 

Shaquille O’Neal is the founder and largest shareholder in Big Chicken, a fast-casual restaurant concept he launched in 2018 and is now franchising.

Conclusion

Shaquille O’Neal is considered one of the most popular basketball players in the world. His popularity has seen him appear in a number of video games. He has also done numerous TV commercials.

He is a wrestling fan and has appeared in several wrestling matches. He is also an investor and businessman. He has invested in many companies such as PepsiCo, Apple and General Electric.

References

• https://www.wiki.ng/en/wiki/how-much-money-does-shaquille-oneal-make-net-worth
• https://wealthygorilla.com/shaquille-oneal-net-worth/
• https://www.celebritynetworth.com/richest-athletes/nba/shaquille-oneal-net-worth/

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