Hakeem Olajuwon is a former Professional Basketball Player and is regarded as one of the best players in the NBA to this date. Throughout his career spanning over two decades, Olajuwon registered many records to his name. Nicknamed, “The Dream” for his impeccable dunking skills, Olajuwon conquered the NBA championship two times with the Houston Rockets moreover was the MVP in those finals too. 1994 and 1995 season was the best for him as he won the NBA Championship, MVP in the Final, MVP Of the season, and was part of several NBA teams. This has also resulted in signing multi-million dollar contract so let’s have a look at Hakeem Olajuwon Net Worth in 2024 along with Salary, Cars, House and Charities.
Hakeem Olajuwon Net Worth 2024
Hakeem Olajuwon has an estimated net worth of more than $300 million as of 2024. The NBA player retired from the game back in 2002 and represented two teams Huston Rockets and Toronto Raptors. But his net worth is cumulative of his NBA stint and his real estate run. Hakeem Olajuwon made over $100 million throughout his 16 season NBA career by his NBA Contract. He made the most of his career earning for representing the Huston Rockets for a total of $80 million. Later he found great success as he ventured into the real estate market after retiring from the NBA. Also Read: Top teams in the NBA 2022-23 season
Income
Hakeem Olajuwon reportedly received a whopping $110 million in salary throughout his NBA career solely. The 2000-2001 season proved to be the highest-earning season for Olajuwon as The Houston Rockets paid around $16.7 million to him for that season. Moreover, Houston’s successful transition to real estate after NBA has only added to his worth.
Hakeem joined the real estate market after retiring in 2002. And within just four years, his
investments touched the mark of $100 million of worth. And as per the latest updates, his real estate investments have brought $150 million of worth in the last two decades.
Hakeem Olajuwon Endorsements
Early in his NBA career, Olajuwon signed up with brands like LA Gear and Etonic. Moreover, he also made a deal with Spalding. For a player of his stature, it was rather surprising that he never signed up with popular brands like Nike, Adidas, and Reebok.
Read too: Top 5: Youngest Players in NBA History
Hakeem Olajuwon Properties
Being in the real estate market for as long as two decades, Olajuwon has invested in many valuable properties. He is known to acquire lands that have the potential to be transformed into public amenities like parks, stadiums, and more.
Moreover, Olajuwon took hold of 41-acre of land near the NASA Johnson Space Center. He went on to transform the land piece into a retirement community. His other properties include as many as 12 properties consisting of apartments, garages, and commercial buildings.
Hakeem Olajuwon Cars Collection
As much as his real estate deals seem lucrative, Olajuwon’s cars collection isn’t as striking
as expected. The information available tells that he possesses an Escalate ESV along with a
Mercedes-Benz-G-Wagon.
Charity Work by Hakeem Olajuwon
The NBA player has set up a charitable trust called the Hakeem Olajuwon Foundation. The
foundation actively took part in delivering help packages to the needy in different parts during the pandemic. Moreover, as their main motive, the foundation aims to help children and teenagers in Southwestern US. The foundation donates money to such children and helps them thrive towards a life better than their current state.
Also Read: Top 10: Best WNBA Players of 2021-22 Season
Career
After a dream run in Basketball for the University of Houston Cougars, Hakeem was picked first overall by the Houston Rockets in the 1984 draft. The team with Olajuwon as the key won their first championship in over 30 years. Following the win, Olajuwon earned the record of being the first non-American to win the NBA Finals MVP title. In the same year, Olajuwon became the first NBA player to win the NBA Finals MVP title, MVP, Championship title, and the Defensive Player of the Year award simultaneously in a season.
Olajuwon led the Rockets to their second Championship win, the very next year in 1995. Once again, he clinched the Finals MVP title. This time he went on to become an All-Star, the first one from the Houston Rockets roster. Next year, Olajuwon along with the 1996 Olympics Dream Team won the gold. In 2001, a year after grabbing the highest salary from the Houston Rockets, Olajuwon was traded to Toronto Raptors. However, following a sub-par run and a back injury, Olajuwon declared his retirement in 2002.
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