Hakeem Olajuwon Net Worth

Hakeem Olajuwon net worth? You probably think of Michael Jordan when you think of NBA players from the 1990s. You might also recall a young Shaquille O’Neal, who went from being the overall No. 1 …

hakeem olajuwon net worth

Hakeem Olajuwon net worth? You probably think of Michael Jordan when you think of NBA players from the 1990s. You might also recall a young Shaquille O’Neal, who went from being the overall No. 1 pick to a worldwide phenomenon in just a few years. Hakeem Olajuwon, a ’90s-era NBA player, is one who frequently goes unnoticed.

The legendary center’s career began in the 1980s, but he was the leader of the only non-Bulls team to win multiple championships in the 1990s with the Houston Rockets. Let’s have a look at Olajuwon’s entire professional life as well as his financial status.

The Houston Rockets picked Olajuwon first overall in the 1984 draft. Michael Jordan and several other players were selected ahead of him, but few people doubt the decision of the Rockets. Unlike the Portland Blazers Trail passing on Jordan in favor of Sam Bowie, everyone understands why the team selected Olajuwon. His career defied comparisons to a pre-Jordan draft pick. 

The Rockets took Moses Olajuwon with the third pick in the 1984 NBA draft, ahead of Ralph Simpson, a fellow 7-footer. Despite numerous playoff appearances and an NBA Finals appearance, the Olajuwon and Rockets were unable to win an NBA title until 1993-94.

hakeem olajuwon net worth

Introduction

In 1994, the Olajuwon-led Rockets outlasted a stacked Knicks team in seven games. The sixth-seeded Rockets stunned the world two years later by defeating O’Neal and the Magic in a four-game sweep. Olajuwon regularly outperformed his peers at center during this era, including David Robinson, Patrick Ewing, and Shaquille O’Neal. 

Olajuwon is well-known for his incredibly elegant post-play. He was one of the greatest footwork ever seen in the NBA. A two-time champion of the NBA, Olympic gold medal winner (1996), and eventual Hall of Famer in Basketball, he retired as a 12-time All-Star.

What Is The Hakeem Olajuwon’s Net Worth?

Hakeem Olajuwon, a retired NBA player from Nigeria who has a net worth of $300 million, is the most famous person on this list. Hakeem Olajuwon played for the Houston Rockets and Toronto Raptors, both of which he led to back-to-back championships in the mid-1990s. He was also a gold medal-winning member of the Olympic US squad in 1996. Olajuwon is widely considered one of the greatest basketball players ever, having been an All-Star and NBA MVP for the first time.

After his retirement, Hakeem began a very lucrative entrepreneurial career. He has completed or is currently working on well over $150 million worth of real estate transactions in the last two decades.

Career Earnings

Hakeem Olajuwon earned more than $110 million in career salary. His most lucrative year was the 2000-2001 season when he made $16.7 million from the Houston Rockets. That is equivalent to about $27 million today’s dollars.

Collegiate Career And Early Life

Hakeem Olajuwon, who was born in Lagos, Nigeria, in 1963 to Yoruba parents Salim and Abike, is the greatest player on the list. During his youth, he played goalkeeping for soccer. When he joined a local tournament at age 17, he began playing basketball. After immigrating to the United States to join the University of Houston Cougars basketball team, Olajuwon continued his career with them.

After redshirting his first year, he became the Cougars’ sixth man as a sophomore. It was at this time that he received the moniker “The Dream” due to his ease in dunking. In both his sophomore and junior years, Olajuwon helped the Cougars get back to the NCAA Finals. Despite losing both times, Olajuwon won the 1983 NCAA Tournament Player of the Year award after helping lead Houston to two consecutive national championship games.

Start With The Houston Rockets

In the NBA draft in 1984, Olajuwon was picked first overall by the Houston Rockets. His career debut was a success, as he dramatically improved the team’s win-loss record. In the Rookie of the Year balloting, Olajuwon finished second to Michael Jordan. The following year, he led the Rockets to a Western Conference Finals appearance in which they were defeated by Michael Jordan and his Chicago Bulls. The squad then made it all the way to the NBA Finals, losing in six games to Larry Bird and his Boston Celtics.

In the 1988-89 season, Hakeem Olajuwon was without a doubt the Rockets’ leader, leading the NBA in rebounds with 13.5 per game. Despite the disappointment the following year, Hakeem Olajuwon maintained his personal and professional success, finishing first in rebounds and blocks.

He also accomplished a quadruple-double, becoming only the third player in league history to do so. Following a poor 1991-92 season, Olajuwon boosted his passing and established a new career-high of 3.5 assists per game in 1992-93. In addition, the Rockets had their best season ever with 55 victories that year. Meanwhile, Olajuwon finished second to Charles Barkley in the MVP voting.

Championships With The Rockets

Olajuwon established himself as one of the league’s top centers during the 1993-94 and 1994-95 seasons, thanks to his spectacular performances in those years. He guided the Rockets to victory in seven games against the New York Knicks in the 1994 NBA Finals, bringing Houston its first professional sports title in over 30 years. With a 26.9-point average per game in the NBA Finals, Olajuwon was named the league’s Most Valuable Player; he became the first foreign-born player to win it. In addition, at the end of 1994, he became just the fifth NBA player ever to capture MVP, Championship, Finals MVP, and Defensive Player of the Year honors in one year.

The Houston Rockets reclaimed the NBA title in 1995, sweeping the Orlando Magic in four games. During the season, Olajuwon averaged  10.8 rebounds and 26.8 points while shooting 59 percent from the field and 100 percent from the free-throw line. He was named Finals MVP again, becoming just the fifth Rocket to be chosen as an All-Star.

Hakeem Olajuwon’s Net Worth And Life After Basketball

According to reports, Olajuwon has a net worth of roughly $200 million. He has also had a few successful business ventures away from the court. Here are some examples: 

  • He launched a clothing line called DR34M in 2011 (his nickname, “The Dream,” combined with the number he wore during his career). 
  • According to reports, Olajuwon’s real estate investments have earned him well over $100 million. 
  • He has endorsements with LA Gear, Etonic, and Spalding.

There is no doubting it: If they are just as successful as their father – on and off the court – they will most definitely make a decent living.

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