Breaking Down Clyde Drexler’s Net Worth: How the NBA Legend Made His Fortune 

 January 22, 2023

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Introduction

Clyde Drexler is a retired basketball player. He is considered as one of the greatest NBA players of all time. He is also known for his successful business ventures and investments. His net worth is estimated to be around $25 million.

Early Life and Career

Clyde Drexler was born in New Orleans, Louisiana in 1962. He played college basketball for the University of Houston. He was drafted by the Portland Trail Blazers in the first round of the 1983 NBA draft. He spent 11 seasons with the Blazers, where he was named to the All-Star team eight times.

Playing Career

Clyde Drexler played for the Portland Trail Blazers, Houston Rockets, and Dallas Mavericks. He was a 10-time All-Star, a two-time NBA champion, and won a gold medal as part of the 1992 Olympic “Dream Team.” He retired in 1998 with career averages of 20.4 points, 6.1 rebounds, and 5.6 assists per game.

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Endorsements and Deals

During his playing career, Clyde Drexler had endorsement deals with companies such as Nike, Coca-Cola, and Taco Bell. He also appeared in numerous commercials and was featured on the cover of several video games, including “NBA Jam” and “NBA Live.”

Business Ventures

Clyde Drexler has been involved in several business ventures since retiring from basketball. He owns a vineyard in Oregon and a car dealership in Houston. He is also an analyst for the Houston Rockets on Comcast SportsNet Houston.

Real Estate Investments

Clyde Drexler has invested in several real estate projects. He owns a number of properties, including a 10,000-square-foot home in Houston. He has also invested in commercial real estate, including shopping centers and office buildings.

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Charitable Work

Clyde Drexler has been involved in many charitable projects throughout his career. He founded the Clyde Drexler Foundation, which provides college scholarships to underprivileged children. He has also been involved in other initiatives, such as the Make-A-Wish Foundation and the American Heart Association.

Legal Issues

In 2001, Clyde Drexler was accused of rape, but was found not guilty. In 2009, he was sued for allegedly fraudulently inducing a man to invest $200,000 in a failed Mexican restaurant. The lawsuit was eventually dismissed.

Net Worth Breakdown

Clyde Drexler’s net worth is estimated to be around $25 million. The majority of his wealth comes from his NBA career, endorsements, and business ventures.

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Conclusion

Clyde Drexler is one of the greatest NBA players of all time. He also had a successful post-NBA career in business and investments. His net worth is a testament to his hard work and dedication both on and off the court.

FAQs

1. Is Clyde Drexler still alive?
Yes, Clyde Drexler is still alive.

2. What was Clyde Drexler’s nickname?
Clyde Drexler’s nickname was “Clyde the Glide”.

3. How many NBA championships did Clyde Drexler win?
Clyde Drexler won two NBA championships in his career.

4. What team did Clyde Drexler retire from?
Clyde Drexler retired from the Houston Rockets.

5. What does the Clyde Drexler Foundation do?
The Clyde Drexler Foundation provides college scholarships to underprivileged children.

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