Shaquille O'Neal Highest-Paid Basketball player in the World

  • By Carol Kearney
  • Washington
  • Last updated on

Shaquille O'Neal
Shaquille O'Neal led People With Money’s annual list of the “100 highest paid basketball players” released on Thursday.

It's been a rough year for the basketball player, but at least he has his millions of dollars to ease the pain. 52-year-old Shaquille O'Neal has taken the No. 1 spot on People With Money’s top 10 highest-paid basketball players for 2024 with an estimated $58 million in combined earnings.

UPDATE 22/11/2024 : This story seems to be false. (read more)

Shaquille O'Neal tops annual list of highest-paid basketball players

In 2022 it looked like the basketball player’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Thursday (November 21) that O'Neal is the highest-paid basketball player in the world, pulling in an astonishing $58 million between October 2023 and October 2024, a nearly $30 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 $185 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 O'Neal Burger” chain) in Washington, a Football Team (the “Newark Angels”), has launched his own brand of Vodka (Pure Wondero'Neal - US), and is tackling the juniors market with a top-selling perfume (With Love from Shaquille) and a fashion line called “Shaquille O'Neal Seduction”.

The ranking is significant for many Shaquille fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.

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