During his NBA career in the 1990s, point guard Mahmoud Abdul-Rauf dazzled fans with his clutch shooting and scoring flair. After a controversial exit from the league, he played overseas and invested wisely. Though out of the spotlight, basketball still earned Abdul-Rauf a substantial net worth over the years.
Let’s take a closer look at this retired hoops star’s finances and figure out Mahmoud Abdul-Rauf’s estimated net worth.
Mahmoud Abdul-Rauf NBA Salary and Endorsements
After a standout college career at LSU, Mahmoud Abdul-Rauf was selected 3rd overall in the 1990 NBA draft by the Denver Nuggets. As a top draft pick, he signed a 5-year, $13 million rookie contract.
By his third season, Mahmoud Abdul-Rauf averaged nearly 20 points per game and received a big pay raise to $3 million annually. He later signed a $24 million extension with Denver.
In 6 NBA seasons, Mahmoud Abdul-Rauf made around $35 million in salary before taxes and fees. Although controversies limited his endorsements, he likely earned another $3-5 million from prominent brands like Nike during his prime.
After refusing to stand for the national anthem, Abdul-Rauf’s NBA career abruptly ended in 1996. He headed overseas to play in Turkey and Italy, where he regained stardom and earning power.
Reports indicate Mahmoud Abdul-Rauf pulled in upwards of $5 million per season with Fenerbahçe in Turkey thanks to his elite talent. He had several other lucrative deals in Europe and Asia that added millions more.
Factoring in a decade overseas, Mahmoud Abdul-Rauf likely grossed well over $50 million in salary beyond his NBA days. Though out of the American spotlight, his global basketball career remained highly profitable.
Real Estate Investments
During his NBA days, Abdul-Rauf wisely invested a chunk of his basketball income in real estate. He purchased properties in Louisiana, Georgia, Florida and Colorado.
Through savvy purchases and appreciation, his real estate portfolio grew to be worth over $20 million at one point. Although he sold some assets, Abdul-Rauf still owns numerous properties generating sizable rental income.
In addition to real estate, Mahmoud Abdul-Rauf put his money into various business ventures over the years. He opened a popular mosque and several retail stores in his hometown of Gulfport, Mississippi.
Abdul-Rauf also founded a prominent record label focused on Islamic music. Other investments include a travel agency and Halal certification company. These entrepreneurial endeavors have provided additional wealth.
Current Lifestyle and Estimated Net Worth
Despite last playing in the NBA in 2001, Mahmoud Abdul-Rauf’s total net worth remains robust today. Conservative estimates place his current net worth between $25-35 million.
He lives a comfortable, modest lifestyle centered on faith and family. Though much wealthier than the average ex-athlete, Abdul-Rauf maintains a quiet, understated public profile.
With wise investing and global earnings, Mahmoud Abdul-Rauf continues reaping the financial rewards from his basketball brilliance. His story proves that principles and discipline off the court can lead to lifelong prosperity.
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