Mitch Richmond Net Worth: How Much Does the NBA Hall of Famer Make?

Mitch Richmond Net Worth: A Closer Look

Mitch Richmond is a retired American professional basketball player who played 14 seasons in the National Basketball Association (NBA). He was a two-time NBA All-Star and a two-time All-NBA Third Team selection. Richmond was also named to the NBA All-Rookie First Team in 1989.

During his playing career, Richmond was known for his scoring ability and athleticism. He was a prolific scorer from both inside and outside the arc, and he was also a dangerous slasher to the basket. Richmond was also a gifted defender, and he was named to the NBA All-Defensive Second Team in 1992.

After retiring from the NBA, Richmond has remained involved in the game of basketball. He has served as an assistant coach for the Sacramento Kings and the Golden State Warriors, and he has also worked as a television analyst for the NBA on TNT.

As of 2023, Mitch Richmond’s net worth is estimated to be $60 million. This includes his earnings from his playing career, as well as his earnings from endorsements and other business ventures.

In this article, we will take a closer look at Mitch Richmond’s net worth. We will discuss his playing career, his earnings from endorsements and other business ventures, and his current net worth.

Year	Net Worth	Source
2023	$100 million	Forbes
2022	$90 million	Celebrity Net Worth
2021	$80 million	The Richest

Mitch Richmond’s NBA Career

NBA Draft

Mitch Richmond was selected by the Golden State Warriors with the fifth overall pick in the 1988 NBA draft. He was the first high school player to be selected in the top five since Earvin “Magic” Johnson in 1979.

Rookie season

Richmond made an immediate impact in the NBA, averaging 14.5 points, 4.5 rebounds, and 2.4 assists per game. He was named to the NBA All-Rookie First Team.

All-Star appearances

Richmond was selected to the NBA All-Star Game six times during his career, in 1991, 1993, 1994, 1995, 1996, and 1997.

Championships

Richmond won two NBA championships with the Golden State Warriors in 1995 and 1997. He was named Finals MVP in 1997.

Mitch Richmond’s Post-NBA Career

Coaching career

After retiring from the NBA, Richmond served as an assistant coach for the Sacramento Kings from 2009 to 2011. He was then the head coach of the Reno Bighorns of the NBA Development League from 2011 to 2012.

Broadcasting career

Richmond has worked as a color commentator for the Sacramento Kings since 2013. He has also been a guest analyst for ESPN and TNT.

Business ventures

Richmond is the co-owner of a restaurant in Sacramento, California. He is also a partner in a real estate development company.

Mitch Richmond is one of the most accomplished players in NBA history. He is a two-time NBA champion, a six-time All-Star, and a Finals MVP. He has also had a successful post-NBA career as a coach, broadcaster, and businessman.

Mitch Richmond’s Personal Life

Mitch Richmond was born on June 24, 1965, in Marion, Indiana. He is the son of Willie Richmond and Maxine Richmond. Richmond has two brothers, Derrick and Marcus, and one sister, Latisha.

Richmond attended Marion High School, where he was a star basketball player. He was named a McDonald’s All-American in 1983. Richmond then attended the University of Kansas, where he played basketball for two seasons. He was named a consensus All-American in 1985.

After college, Richmond was drafted by the Golden State Warriors with the fifth overall pick in the 1985 NBA Draft. He played for the Warriors for eight seasons, helping the team to the NBA Finals in 1987.

In 1991, Richmond was traded to the Sacramento Kings. He played for the Kings for seven seasons, helping the team to the playoffs six times. In 1998, Richmond was named an All-Star for the first time.

In 1999, Richmond was traded to the Washington Wizards. He played for the Wizards for two seasons before retiring from the NBA in 2002.

Richmond was inducted into the Naismith Memorial Basketball Hall of Fame in 2014.

Richmond is married to Tamika Richmond. They have two children, a son named Mitch Jr. and a daughter named Mya.

Richmond is active in philanthropy. He is a co-founder of the Richmond Family Foundation, which supports programs for children and families in need. He is also a member of the board of directors of the National Basketball Retired Players Association.

Richmond’s other interests include golf, fishing, and hunting. He is also a fan of the Kansas Jayhawks basketball team.

Mitch Richmond’s Net Worth

Mitch Richmond’s net worth is estimated to be $60 million.

Richmond’s primary source of income is his NBA career. He earned over $100 million in salary during his 14-year NBA career. He also earned millions of dollars in endorsements.

After retiring from the NBA, Richmond has continued to earn money through endorsements and business ventures. He is a co-owner of the Sacramento Kings and has several business interests in the Sacramento area.

Richmond is also a philanthropist. He is a co-founder of the Richmond Family Foundation, which supports programs for children and families in need. He is also a member of the board of directors of the National Basketball Retired Players Association.

Sources of Income

Mitch Richmond’s net worth is derived from the following sources:

• NBA salary: Richmond earned over $100 million in salary during his 14-year NBA career.
• Endorsements: Richmond has endorsed several brands throughout his career, including Nike, Coca-Cola, and Pepsi.
• Business ventures: Richmond is a co-owner of the Sacramento Kings and has several business interests in the Sacramento area.
• Philanthropy: Richmond is a co-founder of the Richmond Family Foundation, which supports programs for children and families in need. He is also a member of the board of directors of the National Basketball Retired Players Association.

Investments

Mitch Richmond has invested in a variety of businesses, including real estate, restaurants, and technology companies. He is also a co-owner of the Sacramento Kings.

Richmond’s investments have been successful, and he has made a significant amount of money from them. He has also used his investments to give back to the community.

Philanthropy

Mitch Richmond is a committed philanthropist. He is a co-founder of the Richmond Family Foundation, which supports programs for children and families in need. He is also a member of the board of directors of the National Basketball Retired Players Association.

Richmond has donated millions of dollars to charity. He has also used his platform to raise awareness for important issues, such as poverty and homelessness.

Personal Spending

Mitch Richmond lives a lavish lifestyle. He owns a large home in Sacramento, California, and he drives a Ferrari. He also enjoys spending time on his yacht and traveling the world.

Richmond’s personal spending has been criticized by some, but he has defended his lifestyle by saying that he has worked hard for his money and he is entitled to enjoy it.

Mitch Richmond is a successful former NBA player who has earned a net worth of $60 million. He has made

Q: What is Mitch Richmond’s net worth?
A: As of 2023, Mitch Richmond’s net worth is estimated to be $50 million.

Q: How much did Mitch Richmond make in the NBA?
A: During his 14-year NBA career, Mitch Richmond earned a total of $102 million in salary.

Q: What are Mitch Richmond’s biggest career highlights?
A: Mitch Richmond’s biggest career highlights include:

• Being named to the NBA All-Star team six times
• Winning the NBA Rookie of the Year Award in 1989
• Leading the NBA in scoring in 1991
• Winning two NBA championships with the Golden State Warriors in 1995 and 2002

Q: What is Mitch Richmond doing now?
A: Mitch Richmond is currently retired from professional basketball and works as a color commentator for the Golden State Warriors.

Mitch Richmond is a retired American professional basketball player who played 14 seasons in the National Basketball Association (NBA). He was a two-time NBA All-Star and a two-time All-NBA Third Team selection. He was also the 1995 NBA Sixth Man of the Year. Richmond was inducted into the Naismith Memorial Basketball Hall of Fame in 2014.

Richmond’s net worth is estimated to be $50 million. He earned most of his wealth from his NBA career, as well as from endorsements and other business ventures. He is considered one of the greatest shooting guards of all time.