Jimmy King net worth reflects a career filled with hard work, resilience, and strategic decisions. Best known for his role in the iconic Fab Five at the University of Michigan, King transitioned from collegiate fame to professional basketball in the NBA and beyond.
His journey includes stints in the CBA, international leagues, and a post-basketball career in financial advising and coaching. With an estimated net worth of $500,000, King’s story highlights how athletic talent, coupled with determination, can build a lasting financial foundation. Let’s explore how he achieved his wealth and the milestones that shaped his career.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Jimmy Hal King |
| Popular Name | Jimmy King |
| Gender | Male |
| Birth Date | August 9, 1973 |
| Age | 50 (as of 2024) |
| Parents | N/A |
| Siblings | N/A |
| Birthplace | South Bend, Indiana, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | Plano East Senior High School, University of Michigan |
| Marital Status | N/A |
| Spouse | N/A |
| Children | N/A |
| Dating | N/A |
| Net Worth | $500,000 |
| Source of Wealth | Basketball career, coaching, business |
| Height | 6 ft 5 in (1.96 m) |
What Is Jimmy King Net Worth in 2024?
When it comes to understanding Jimmy King net worth, his journey tells a fascinating story.
From his time as part of the iconic Fab Five at the University of Michigan to his NBA and CBA stints, King leveraged his basketball talent to build his wealth. Although his current net worth is estimated at $500,000, his contributions to basketball and his career beyond the court are notable.
King’s career mirrors the financial stories of several basketball legends and contemporaries. Players like Juwan Howard and Jalen Rose, also members of the Fab Five, have walked a similar path. For a deeper dive into the financial details of basketball’s elite, check out our curated list of the richest NBA players.
Related Figures:
- Jalen Rose
- Juwan Howard
- Chris Webber
- Ray Jackson
- Grant Hill
- Allen Iverson
- Ron Harper
- Scottie Pippen
- Ray Allen
- Reggie Miller
Jimmy King Wealth, Salary, and Finance Overview
How Did He Build His Wealth Through Basketball?
Jimmy King’s wealth foundation was laid through his career as a professional basketball player. As part of the legendary Fab Five at the University of Michigan, he became a household name. This fame opened doors to professional leagues, including the NBA and international circuits.
He was drafted by the Toronto Raptors in 1995, playing 62 games and averaging 4.5 points per game during the 1995–96 season. His contributions to minor and international leagues, including the CBA and stints in Poland and Venezuela, also added to his earnings. Notably, King won the 1998 CBA MVP award, a highlight in his career.
What Were His Most Lucrative Career Achievements?
King’s association with the Fab Five not only cemented his legacy in NCAA history but also increased his marketability. This fame allowed him to play for high-profile leagues and earn accolades such as the 1998 CBA Championship. While he never reached financial heights comparable to NBA superstars, his achievements were crucial for long-term financial stability.
How Did His Post-Basketball Career Contribute to His Income?
Beyond basketball, Jimmy King explored opportunities that diversified his income streams. He served as a financial advisor at Merrill Lynch, utilizing his knowledge to guide others in managing wealth. Additionally, he worked with H.Y.P.E. Athletics, mentoring youth, and later joined TruChampions, supporting high school athletes in securing scholarships.
His coaching career began in 2016, when he became the head coach for Ecorse Community High School. While coaching salaries at the high school level are modest, it highlights his continued involvement in basketball.
What Challenges Did He Face in Managing His Finances?
Like many athletes, King faced challenges managing his finances. In 2011, he encountered legal issues related to unpaid child support. Despite these hurdles, he resolved the case by paying off the debt in full. This incident underscores the importance of financial planning for professional athletes.
How Did International and Minor League Play Affect His Earnings?
King’s time in international leagues like Spojnia Stargard in Poland and Guaiqueries de Margarita in Venezuela supplemented his income. Similarly, his CBA career, including playing for the Quad City Thunder, showcased his adaptability and drive, even outside the NBA spotlight.
What Are His Current Ventures and Financial Activities?
Currently, Jimmy King remains committed to supporting young athletes and giving back to the community. His role at TruChampions and coaching at Ecorse High School reflect his passion for mentoring and development. These endeavors may not significantly boost his wealth, but they ensure his legacy remains impactful.
FAQs About Jimmy King
How tall is he?
Jimmy King is 6 ft 5 in (1.96 m) tall.
Where did he play college basketball?
He played for the University of Michigan as part of the Fab Five.
What awards has he won in his career?
He won the 1998 CBA MVP award and was part of the 1998 CBA Championship team.
What is his role outside basketball?
He serves as a mentor and coach while supporting young athletes through various initiatives.
Did he face legal challenges?
Yes, he resolved a legal case in 2011 related to child support payments.
What teams has he played for internationally?
He played for Spojnia Stargard in Poland and Guaiqueries de Margarita in Venezuela.
What is TruChampions?
It’s a sports recruiting platform where King is a vice president.
When did he start coaching?
He began his coaching career in 2016.
Conclusion
Jimmy King’s financial journey, from basketball courts to community mentorship, reflects resilience and versatility. For more celebrity financial stories, visit savebarneysny.com. Let us know your thoughts in the comments or share this article with others!
