Robert Reid is a former Houston Rockets NBA great. He has amassed a sizable net worth throughout his basketball career. Naturally, his success as a sports star in the late 1970s and 1980s contributed significantly to his astronomical income. Robert Reid is an American basketball player who primarily played for the Houston Rockets in the late 1970s and 1980s. During his NBA career, he scored 10,448 points, blocked 4,168 rebounds, and assisted 2,500 times. .
Robert Reid’s net worth before death
The former basketball player spent nearly 15 years playing in the NBA. As a result, his participation in one of the most profitable sports leagues has increased his entire value. The Houston Rockets selected him in the second round of the 1977 NBA Draft. However, details about his rookie contract are not yet available. In the late 1970s, the NBA environment was not modern and player salaries were much lower than they are today. Contract specifics were also less widely available than they are today.
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So we can predict that his first contract will be around $100,000 or less. Robert would stay with the Houston Rockets for more than ten years. From 1985 to 1988, he earned more than $400,000 per year, plus many incentives. This culminated in the 1987–88 season, when he earned $450,000. Afterwards, Reid signed with the Charlotte Hornets. The Hornets paid him the highest salary of his career, $475,000, during the year he played in Charlotte.
In 1991, he signed another one-year contract with the Philadelphia 76ers with a salary of $130,000 per year. These amounts may seem low, but it’s important to remember that the NBA wasn’t that profitable back then. Furthermore, although the compensation levels were modest in absolute terms, they were still considered substantial in a period when the league’s popularity and finances were expanding. In short, Robert Reid’s NBA career was successful in both awards and financial stability.
His earnings outside the NBA
The Houston Rockets great spent part of his sports career with the Continental Basketball Association (CBA). He played for the Tulsa Fast Breakers and the Tri-City Chinooks. Although his wealth pales in comparison to the NBA, playing in the CBA has helped him improve his overall situation. In addition, Robert began teaching and training, passing on his sports expertise to the next generation.
In the years that followed, Reid conducted basketball seminars for potential players in many countries, including India. The former Rockets star’s net worth is estimated to be between $1 million and $2 million. Overall, his NBA earnings make up a sizable portion of his wealth, supplemented by his coaching work and his CBA career.
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Robert Reid passed away at the age of 68
In tragic news, one of the NBA’s most recognizable icons, Robert Reid, passed away at the age of 68 in February 2024. Reid later passed away at his home in Houston after cancer treatment, according to Houston Chronicle. After his death, social media was flooded with posts paying tribute to the greats. Tilman Fertitta, owner of the Houston Rockets, sent a heartfelt statement to commemorate his amazing life.
“I have had the pleasure of knowing Robert for over 40 years and he always brings excitement and brightness wherever he visits. Robert’s passing will be deeply felt and he will be remembered fondly.”
There is no doubt that Robert Reid has left a void that will be difficult for basketball fans around the world to replace.
Let the article source Robert Reid Net Worth: How Rich Was He? NBA Star Career Earnings of website nyse.edu.vn
Categories: Biography