How Grant Hill's Financial Savvy Made Him Richer Than His NBA Earnings
Atlanta, Georgia, USA,Thu Nov 07 2024
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Grant Hill might be known for his impressive basketball career, but his smart money moves are what really make him stand out. In a league full of wealthy players, Hill has carved out a special place for himself as a post-retirement superstar in the business world.
Hill didn't follow the typical athlete route with sports agents. Instead, he worked with lawyers, paying them hourly. This strategy helped him secure one of the biggest deals in NBA history: an $80 million shoe deal with Fila.
Hill's investment interest started early. He learned from his parents the value of real estate and diversified his income streams into multifamily units and office buildings. He also became an avid art collector and a generous philanthropist, continuing his work with the Grant Hill Foundation.
Injuries might have plagued Hill during his NBA career, but his financial health remained strong. He played for four teams over 19 seasons, earning around $140 million. But Hill's net worth is much more than that—around $250 million today, according to Celebrity Net Worth.
Hill didn't stop at basketball. He became a part-owner of multiple sports teams, including the Atlanta Hawks, Orlando City Soccer Club, and the Orlando Pride of the NWSL. He even joined the broadcasting world with CBS and Turner Sports.
Athlete-turned-CEO, Hill showed that smart financial planning can lead to long-term success beyond the basketball court. His story teaches young athletes the value of prudent financial management and investment.
https://localnews.ai/article/how-grant-hills-financial-savvy-made-him-richer-than-his-nba-earnings-8dface32
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