It's been a rough year for the basketball player, but at least he has his millions of dollars to ease the pain. 51-year-old Christian Laettner has taken the No. 1 spot on People With Money’s top 10 highest-paid basketball players for 2020 with an estimated $96 million in combined earnings.
UPDATE 29/09/2020 : This story seems to be false. (read more)
Christian Laettner tops annual list of highest-paid basketball players
In 2018 it looked like the basketball player’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Monday (September 28) that Laettner is the highest-paid basketball player in the world, pulling in an astonishing $96 million between August 2019 and August 2020, a nearly $60 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American basketball player has an estimated net worth of $275 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Laettner Burger” chain) in Washington, a Football Team (the “Angola Angels”), has launched his own brand of Vodka (Pure Wonderlaettner - US), and is tackling the juniors market with a top-selling perfume (With Love from Christian) and a fashion line called “Christian Laettner Seduction”.
The ranking is significant for many Christian fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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