Rasheed Wallace Net Worth

Net Worth:$75 Million
Date of Birth: September 17, 1974 (49 years old)
Height:6 ft 11 in (2.1336 m)
Profession:Basketball player
Nationality:United States of America

What are Rasheed Wallace’s Net Worth and Career Earnings?

Rasheed Wallace is an American ex-basketball player who has a net worth of $75 million. In the NBA for the Washington Bullets, Portland Trail Blazers, and Detroit Pistons, he was a member of the playing team.

He captured the 2004 NBA championship with the Pistons. Rasheed’s playing career ended in 2013, and since then he has served as a coach for the Pistons, Charles E. Jordan High School, and the University of Memphis.

Early Life and Education

On the 17th of September 1974, Rasheed Wallace was in Philadelphia, Pennsylvania. His two older brothers go by the names Malcolm and Muhammad.

After his senior year, Rasheed received the USA Today High School Player of the Year award at Simon Gratz High School, where he first started playing basketball. He excelled in a variety of sports, including baseball and track & field.

College Career

Rasheed decided to pursue his undergraduate degree at the University of North Carolina after being persuaded to do so by Dean Smith, the school’s coach. While playing football for UNC for two seasons, Rasheed Wallace was chosen for the second-team All-American and helped the Tar Heels reach the NCAA Final Four. His second year was his last since he wanted to pursue the NBA draft.

Earnings from career

Rasheed Wallace made approximately $156 million in pay alone throughout the course of his playing career. He had held the 25th-highest career earnings spot among all-time NBA players. Rasheed’s biggest seasonal pay was $17 million.

Washington Bullets

The Washington Bullets picked Rasheed in the 1995 NBA draft, Prior to missing the rest of the season with a thumb injury, he participated in 65 games as a rookie.

Later, he averaged 10.1 points, 4.7 rebounds, and 3.4 assists, which led to his selection to the NBA All-Rookie First Team. Timberwolves of Portland To the Portland Trail Blazers in 1996, Rasheed was commutated.

Portland Trail Blazers

To the Portland Trail Blazers in 1996, Rasheed was commutated.  He had a promising start, finishing third in the league in field goal %, but was once more hindered by a thumb injury. He was able to get well in time for the Los Angeles Lakers matchup in the first round of the playoffs, though.

Rasheed’s career continued to be difficult; in 1997, he amassed 38 technical fouls, which set a new NBA single-season record. The very next year, with 40, he surpassed that mark.  He was also given a seven-game suspension for intimidating referee Tim Donaghy.

When he was selected as an NBA All-Star in 2000 and 2001, he was welcomed back into the team’s good graces. Wallace also had a career-high 42 points in a win over the Denver Nuggets in 2001.

Hawks of Atlanta

Rasheed Wallace was acquired by the Atlanta Hawks in a trade early in 2004. He eventually only participated in one game with the squad, but that game saw him record 20 points, 6 rebounds, 2 assists, 5 blocks, and a steal. The New Jersey Nets won the game against the Hawks.

Detroit Pistons

After being moved to the Detroit Pistons in 2004, Rasheed enjoyed his greatest NBA success with them. He went to his first NBA Finals with the group that year.

The victory over the Los Angeles Lakers in Game 4 when Wallace recorded 26 points, 13 rebounds, and two assists was a high moment.

In the end, he contributed to the Pistons’ 4-1 victory over the Lakers to help them win the NBA title. Wallace re-signed with Detroit in the next off-season, agreeing to a $57 million, five-year deal.

Rasheed then had a terrific season in 2004–05, making it to the NBA Finals and the playoffs once again. The San Antonio Spurs ultimately defeated the Detroit Pistons.

Rasheed Wallace assisted the Pistons in 2005–06 to a 64–18 record, which earned them the top seed in the Eastern Conference.

After defeating the Milwaukee Bucks and Cleveland Cavaliers in the first two rounds of the playoffs, the Pistons lost to the Miami Heat in the Eastern Conference Finals.

In 2007, Rasheed made it back to the Eastern Conference Finals, but due to a foul in Game 6, he was eliminated. He and the Pistons lost to the Boston Celtics despite earning a return trip to the Eastern Conference Finals in 2008.

Coaching Career

Rasheed Wallace joined the Detroit Pistons as an assistant coach after retiring from basketball. He held this job for the 2013–14 campaign, however, he wasn’t retained following that.

As the head coach of the boys’ varsity basketball team at Charles E. Jordan High School in Durham, North Carolina, Wallace returned to coaching in 2019.

He worked as an assistant coach at the University of Memphis after graduating from the institution in 2021.

Boston Celtics

In the summer of 2009, Rasheed agreed to play with the Boston Celtics. He struggled during the regular season, with career lows in both points and rebounds per game.

Despite this, the Celtics advanced to the NBA Finals before losing to the Lakers. Following the buyout of his Celtics contract in the summer of 2010, Wallace made the NBA retirement announcement.

The New York Knicks

In late 2012, Wallace decided to end his retirement and join the New York Knicks. He missed several weeks of action at the start of the following year as a result of a broken left foot that required surgery.

When Rasheed came back in April 2013, he came off the bench and played three minutes before announcing his second NBA retirement.

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