Retired NBA All-Star player Charles Oakley has a two decades-long career in the NBA and countless businesses to thank for his great fortune. Beginning with the Chicago Bulls, Oakley went on to play for the New York Knicks, Toronto Raptors, Washington Wizards, and Houston Rockets. Over his career, Oakley averaged 9.7 points, 9.5 rebounds; and 2.5 assists, according to Cleveland.com. His alma mater Virginia Union University reported that Oakley scored 12,417 points and grabbed 12,205 rebounds throughout his time in the NBA.
With stats like these, the NBA all-star was ultimately inducted into the Virginia Sports Hall of Fame in 2016 and given his own street, Charles Oakley Way, in Cleveland, Ohio. He became an NBA All-Star in 1994, about midway through his almost 20-year career. Thanks to his accomplishments on the court, Celebrity Net Worth reports that Oakley has a net worth of $12 million, a figure that Wealthy Persons confirms. But how much of those millions came from his NBA career? Let’s investigate.
Charles Oakley grew his net worth during his NBA career
Retired NBA All-Star player Charles Oakley, who is worth an estimated $12 million, naturally earned plenty of cash throughout his almost two decades playing in the NBA. According to Celebrity Net Worth, Oakley earned approximately $42 million combined over his time across five NBA teams. HoopsHype reports the figure is just under $42 million, with the NBA player’s highest earning season happening in 1998 thanks to his $10 million contract with the Toronto Raptors. Oakley’s $42 million haul, accrued between 1985 an 2004, would be worth approximately $70 million in 2020.
Aside from his NBA Career, Oakley signed on to join season 29 of Dancing With the Stars in September 2020. Celebrities have reportedly made up to $345,000 on the show, depending how many weeks they can last in the competition. If basketball and ballroom dance weren’t enough to keep his pockets full, Oakley also has ownership royalties from his businesses, including Hair Solution and Nails EtCetera, Oakley’s, Oakley’s Wash House, and Red, the Steakhouse.
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