Shaq's net worth comes into question after Kevin Durant Twitter jab: 'I'm not a billionaire, I'm actually broke' | Sporting News (2024)

Shaquille O'Neal made a lot of money during his NBA career, but he seems to be a bit jealous of what players are making in today's NBA.

O'Neal recently appeared on "The Big Podcast" and was asked what he thought about some of the bigs currently on big-money contracts in the NBA. Shaq did not hold back, saying that it angered him that certain players, like Rudy Gobert, are making so much more money than he did just over a decade after his retirement.

"You think I'm happy Rudy Gobert's making $250 [million]?" Shaq asked. "God damn right we get mad, we get petty. ... I think it's a little bit of truth in our criticism."

This marks the second time recently that O'Neal has called out Gobert. The first time, he said that he could beat Gobert with ease in a one-on-one matchup. That's part of why it shocks him that Gobert is making so much compared to what he did in the NBA.

MORE: Shaq claims he would crush Rudy Gobert in one-on-one

O'Neal earned just over $286 million during his 19-year NBA career, per Spotrac.com. As such, it's understandable that he would be a bit miffed that a player like Gobert is making nearly that much over a five-to-six-year span.

Of course, there is a reason for that. The NBA salary cap has risen significantly since Shaq's retirement, with its most notable increase coming ahead of the 2016-17 season. That occurred when ESPN andTurner Sports agreed to a massive TV deal with the league that added a huge influx of revenue to the sharing pool.

Since then, contracts have become much larger, and they will only continue to increase in value in 2025 when the NBA's next TV deal is signed.

MORE: Is Shaq considering buying the Magic?

Still, O'Neal's comments drew attention, as some were quick to point out that O'Neal still madea lotof money during and after his NBA career. Kevin Durant was one of Shaq's critics and called him out on Twitter after the comments.

Shaquille is hilarious. You’re a billionaire bro lol https://t.co/11Bq3EIY6i

— Kevin Durant (@KDTrey5) June 28, 2022

"Shaquille is hilarious," Durant wrote. "You’re a billionaire bro lol."

Unsurprisingly, O'Neal took time to clap back at Durant. The "NBA on TNT" analyst thanked Durant for the compliment and clarified that he is not, in fact, a billionaire.

i know i'm hillarious, and i'm not a billionaire i'm actually broke. but will always speak facts. thank you saying i'm funny means a lot

— SHAQ.SOL (@SHAQ) June 28, 2022

Indeed, Shaq is not a billionaire. Of course, he isn't broke either. He invests in a lot of companies and businesses, has a prominent job as a TV analyst and is a spokesperson for many products as well.

MORE: Predicting 13 key NBA offseason moves for 2022

That said,Celebrity Net Worthprojects O'Neal's worth at $400 million; that's about twice as much as Durant's $200 million net worth, but it's not even halfway to being a billionaire.

Still, the bottom line here is that O'Neal certainly doesn't need to worry about what current players are making. Sure, if he was playing now, he would make more, but he has more than enough money to get by.

And who knows ... perhaps in the modern, floor-spacing-oriented NBA, Shaq may not have been as big a star.

Shaq's net worth comes into question after Kevin Durant Twitter jab: 'I'm not a billionaire, I'm actually broke' | Sporting News (2024)

FAQs

How much is Shaq actually worth? ›

He's also a successful entrepreneur, actor, investor, and philanthropist whose multifaceted career has significantly boosted his net worth. As of 2024, Shaq's net worth is estimated to be upwards of $500 million​ according to multiple sources.

Is KD a billionaire? ›

Inside NBA hero Kevin Durant's incredible mega business empire from $1.5b crypto company to Google and Beats deal. KEVIN Durant is a slam dunk to become a billionaire after utilizing his NBA fortune to create an expansive business empire.

Did Shaq lose a lot of money? ›

Shaq's 17 million dollar loss on a single sale

Not so long ago, though, Shaq had one of this worst-ever deals. He bough the Lake Butler mansion for around 28 million dollars, and then sold it for around 11m dollars - losing 17m dollars.

Where does most of Shaq's money come from? ›

While Shaquille O'Neal made his fortune as a basketball player, most of Shaquille O'Neal's net worth today comes from his business ventures. Most of his assets are likely in franchises, including Papa John's, 24 Hour Fitness, Krispy Kreme, and car washes.

How many Papa John's does Shaq own? ›

He also owns 17 Auntie Anne's Pretzels restaurants and nine Papa John's franchise units. In fact, O'Neal is a brand ambassador for Papa John's and has been on the pizza company's board of directors since 2019.

Is Charles Barkley a billionaire? ›

Charles Barkley has an estimated net worth of $60 million in 2024, according to Celebrity Net Worth. The bulk of his fortune comes from his former basketball career and his many big-name brand endorsem*nts; but he continues to add dollars to his name as a TV sports analyst.

How much does Nike pay Kevin Durant? ›

Kevin Durant's lifetime Nike Contract agreement has created a stir in the sports world. With a deal that is estimated to be worth $300 million, Durant joins the ranks of other high-paid sportsmen like LeBron James and Michael Jordan, but what does this mean for the sports business as a whole?

Who is the richest NBA player? ›

Michael Jordan holds the largest 1-year contract in NBA history, LeBron James is the highest career earner, and Stephen Curry is the highest season earner as well as the largest multi-year contract holder in NBA history.

How much money did Shaq waste in Walmart? ›

This time though, O'Neal is on the news for a completely bizarre reason; he spent a whopping $70,000 at Walmart in 2008. Even worse, when attempting to pay for this Walmart Trip, his credit card got declined as his bank thought that the card was stolen.

What stores does Shaquille O'Neal own? ›

Shaq's Franchise Ventures
  • Five Guys. ...
  • Papa John's. ...
  • 24-Hour Fitness Centers. ...
  • Krispy Kreme. ...
  • Big Chicken Restaurant. ...
  • Auntie Anne's. ...
  • Car Washes. ...
  • Personal Investments.
Feb 24, 2024

What did Shaq buy with his first million? ›

In fact, he learned the hard way. When O'Neal signed his first million-dollar trading card contract, he blew through the check in one day, buying cars and jewelry. Then, he says, he got a lesson from the president of his bank. "[T]he president of the bank pulls me in and he says, 'Sir, I love you.

Does Shaq own Krispy Kreme? ›

ATLANTA - An opening date has been announced for the all-new 4,000-square-foot Krispy Kreme shop on the site of the brand's historic Ponce de Leon location in Midtown Atlanta. It will open Oct. 10. The shop, which is owned by NBA superstar Shaquille O'Neal, was destroyed by arson in 2021.

Does Shaq own rights to Marilyn Monroe? ›

From that point on, O'Neal was in business with the company that also has the rights to names like Marilyn Monroe, Elvis Presley, Muhammad Ali, and Michael Jackson. What's more, he is now its second largest shareholder, and the deal provides an opportunity to create wealth for generations to come.

How much of Google does Shaq own? ›

Google had only started in 1998 and it was not even a thing but the two founders asked Shaq to invest. Shaq didn't fully "get" the idea but took a chance. He threw in just $250,000 to Google founders. Today, that investment is worth over $500 million.

Who is the wealthiest NBA player of all time? ›

The internet wizards at Celebrity Net Worth and Forbes reveal the fortunes of the wealthiest players in the game.
  • Grant Hill, 51: US$250 million. ...
  • Hakeem Olajuwon, 60: US$300 million. ...
  • Shaquille O'Neal, 51: US$400 million. ...
  • Vinnie Johnson, 67: US$500 million. ...
  • Junior Bridgeman, 70: US$600 million. ...
  • LeBron James, 38: US$1 billion.
Dec 3, 2023

How much does TNT pay Shaq? ›

Locked in for Greatness: Shaq's TNT Legacy

As per the updated contract, Shaq is now making $10 million per year before tax for a 30-minute appearance every week. Isn't it amazing? As per his contract, Shaq, 51, would have made $100 million by the time he reaches 60 only with his TNT contract.

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