What Is Bobby Simmons Net Worth?
Bobby Simmons, born on June 2, 1980, in Chicago, Illinois, is an American former professional basketball player. His estimated net worth is $18 million. This wealth has been accumulated through his NBA career, business ventures, and potentially other investments.
Bobby Simmons’ Career Earnings and Contract Details
Simmons played in the NBA for 10 years, during which he accumulated significant career earnings. Details of his contracts and salaries with various teams provide insights into his financial trajectory. According to HoopsHype, Bobby Simmons’s NBA earnings totaled $50,395,842 ($76,360,909 when adjusted for inflation). Spotrac.com indicates career earnings through 2024 to be $588,853. This discrepancy might be due to different reporting methods or incomplete data on Spotrac. To breakdown some of his earning details, Simmons signed with Los Angeles Clippers (LAC) on March 24, 2012, for the remainder of the 2011-2012 season and he also signed multiple 10-day contracts with the Los Angeles Clippers, one on February 27, 2012, and another on March 9, 2012.
Here is a breakdown of his earnings with the LA Clippers (2011-12): $370.8 thousand, $109 thousand and $109 thousand.
Bobby Simmons’ Business Ventures and Investments
Beyond his NBA career, Bobby Simmons has demonstrated an entrepreneurial spirit through his business ventures in Chicago. He owns a nightclub called “Society” and a clothing store named “Succezz”. The specific revenue and profit generated by these businesses are not publicly available. However, these ventures contribute to his overall net worth by providing income and potential appreciation in value.