Net Worth Ranker
What Is Jamal Mashburn’s Net Worth?
Jamal Mashburn, the former NBA player known as “Monster Mash,” has accumulated a substantial net worth of $100 million. This impressive financial standing is a result of his 12-season professional basketball career and his subsequent success as an entrepreneur.
Basketball Career Earnings and Highlights
During his NBA career, Jamal Mashburn earned $75 million in salary playing for teams such as the Dallas Mavericks, Miami Heat, Charlotte Hornets, and New Orleans Hornets. He was drafted by the Dallas Mavericks in 1993 and quickly became a key player. During his rookie season, he averaged 19.2 points per game, earning him a spot on the NBA All-Rookie Team. The following season, his scoring average increased to 24.1 points per game, ranking him sixth in the league. In one game against the Chicago Bulls, he scored 50 points, showcasing his offensive capabilities. In 1997, Mashburn was traded to the Miami Heat, where he played alongside Alonzo Mourning and Tim Hardaway under coach Pat Riley. While with the Heat, he reached the Conference Finals but eventually lost to the Chicago Bulls. He later played for the Charlotte Hornets, where he averaged 20.1 points per game. In the 2002-2003 season, playing for the New Orleans Hornets, Mashburn averaged 21.6 points per game and was selected for the All-Star game for the first and only time in his career. He had standout performances, including a 50-point game against Memphis and a 40-point game against Orlando. Injury problems ultimately led to his retirement in 2006 after a microfracture surgery on his knee.
Entrepreneurial Ventures and Business Empire
Even before retiring from basketball, Jamal Mashburn had already begun laying the groundwork for his entrepreneurial career. After retiring, Mashburn started investing in various business ventures. One of his first major investments was purchasing an Outback Steakhouse franchise. Over time, he expanded his portfolio and now owns 34 Outback Steakhouse locations. Furthermore, Mashburn owns 37 Papa John’s franchises. Mashburn’s investment also spans to Dunkin’ Donuts franchises. Mashburn owns a total of five car dealerships, contributing significantly to his overall net worth. In Lexington, Kentucky, Mashburn also owns a realty company. His engagement in the horse racing industry further diversifies his investment portfolio. From 2005 to 2008, he served on the Advisory Board for the Central Bank & Trust Company in Lexington, demonstrating his involvement in the financial sector.
