Net Worth Ranker
What Is Walt “Clyde” Frazier’s Net Worth?
Walt “Clyde” Frazier, an iconic figure in American basketball history, boasts a net worth of approximately $4.5 million as of 2025. This financial standing reflects his successful career as a professional basketball player, endorsements, and subsequent work as a sports commentator. Frazier’s financial stability stems from his time with the New York Knicks and Cleveland Cavaliers, although specific contract details from his playing days are not publicly available. His net worth is further bolstered by his ongoing role as a color commentator for Knicks games on the MSG Network.
Early Career and Basketball Achievements
Walter Frazier Jr. was born on March 29, 1945, in Atlanta, Georgia. While specific details about his childhood home are unavailable, he attended David Tobias Howard High School. At the all-black school during segregation, he learned how to play basketball on a dirt playground, the only available facility. Frazier was offered football scholarships but ultimately accepted a basketball offer from Southern Illinois University. He became a Division II All-American in 1964 and 1965. In 1965, Frazier led SIU to the NCAA Division II Tournament, where they lost in the finals to Jerry Sloan and the Evansville Purple Aces 85-82 in overtime. In 1966, he was academically ineligible for basketball. In 1967, he helped the team win the National Invitation Tournament with a 71-56 victory over Marquette University, earning the Most Valuable Player award. His number 52 was later retired by Southern Illinois University, solidifying his legacy there.
NBA Career and Financial Highlights
Frazier was drafted fifth overall by the New York Knicks in the 1967 NBA Draft. His immediate impact led to his selection to the NBA All-Rookie First Team. By the 1969–70 season, he earned the first of his seven All-Star appearances, playing a pivotal role in the New York Knicks winning their first NBA title in a seven-game series against the Los Angeles Lakers. Frazier significantly contributed to this victory. The Knicks secured their second NBA Finals in the 1972-73 season, once again defeating the Lakers, this time in five games in the best-of-seven series. Although the exact figures of his contracts during his playing career aren’t fully public, his skills and popularity led to lucrative endorsement deals, adding to his income. He was the MVP of the 1975 All-Star Game.
After the 1976-1977 season, Frazier was traded to the Cleveland Cavaliers for Jim Cleamons. The Knicks covered a portion of his $400,000+ salary for the remaining three seasons of his contract, reflecting his value even in the twilight of his career. He played 66 games with Cleveland before retiring during the 1979-1980 season. Over his Hall of Fame career, Frazier amassed 15,581 points, over 5,000 assists, and 4,830 rebounds. He was named to the league’s All-Defensive team seven times. The New York Knicks retired his No. 10 jersey on December 15, 1979, signifying his lasting impact on the franchise. In 1987, Frazier was inducted into the Naismith Memorial Basketball Hall of Fame along with Pete Maravich and Rick Barry. In 1996, he was elected to the NBA’s 50th Anniversary Team. In 2021, he was honored on the NBA 75th Anniversary Team, cementing his place among the game’s elite.
Post-Playing Career and Endorsements
Following his retirement, Frazier transitioned into broadcasting, becoming a color commentator for Knicks games on the MSG Network. This role has provided a steady income stream, further securing his financial status. While specific details of his MSG Network contract are not available, such positions typically command substantial salaries. Beyond broadcasting, Frazier has also leveraged his iconic status through endorsements, including his line of Puma sneakers. The exact financial terms of his Puma deal are confidential, but such partnerships contribute significantly to his overall earnings. His Puma sneakers reflect his fashion-conscious persona, adding a unique dimension to his brand.
Personal Life and Lifestyle
Walt Frazier lives with his longtime girlfriend, Patricia James, in Harlem. The couple also has a home in St. Croix, indicating a comfortable lifestyle afforded by his career earnings and financial management. While specific details about the Harlem property are unavailable, real estate in that area is generally valuable. Similarly, a residence in St. Croix points to strategic asset diversification. Frazier has a son, also named Walt, though details of his son’s life and career are not publicly detailed. Frazier’s personal style and fashion sense have made him a cultural icon, further enhancing his brand and marketability.
