Globally, basketball is one of the most lucrative sports—and it’s no surprise that many current and former NBA stars are known for their wealth. Mike Bibby, born May 13, 1978, is a former point guard who made a name for himself on the court and off it. His standout playing career and financial savvy are a prime example of how athletic success can translate into long-term prosperity. Here’s a look at his earnings, investments and net worth.
Mike Bibby’s Net Worth
Recent estimates place Mike Bibby’s net worth around $60 million. This figure reflects both his career earnings and his smart investments, particularly in real estate. His ongoing coaching role and business interests continue to bolster his financial portfolio.
Where Did Mike Bibby Play?
Bibby enjoyed a stellar 14-season career in the NBA, beginning with the Vancouver Grizzlies. He went on to play for the Sacramento Kings, Atlanta Hawks, Washington Wizards, Miami Heat, and New York Knicks before retiring.
Known for his all-around game and leadership at point guard, Bibby collected several individual accolades over the years. He was appointed head coach of the Sacramento State men’s basketball team.
Mike Bibby Major Earnings as a Player
Bibby earned about $2.4 million in his rookie season and between $4 million and $4.5 million during his second and third seasons with the Grizzlies. At the peak of his career, he signed a seven-year, $80 million contract with the Kings. His annual salary grew from roughly $5 million in year one to $9 million in year two.
In his final three seasons, Bibby earned between $11.5 million and $14.5 million. During his time with the Hawks, he maintained a salary of around $6 million per season. His final playing years came with more modest earnings, but his total career salary reached approximately $107 million. He also had endorsement deals with Nike and Reebok during his prime.
Though retired from the NBA, Bibby remains active in basketball and business. In addition to coaching, he has invested heavily in real estate, including luxury homes in Paradise Valley, Arizona, and other locations. He also earns income through speaking engagements and various undisclosed ventures.
MORE: How Brennan Marion Found His Home at Sacramento State
Bibby has managed his finances well, demonstrating strong business instincts and money management. His example shows that players can leverage their careers into long-term financial success—and that wise investments are key to sustaining wealth.
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