What is Chris Webber doing After Retirement? Details about his Net worth, House, Properties and More

Jon Snow
Thu Mar,2018
What is Chris Webber doing After Retirement? Details about his Net worth, House, Properties and More Basketball

Basketball is one of the highest paid sports alongside MLB and NFL which has earned many players, a lot of money. Today we are talking about American retired professional basketballer Chris Webber, who is worth millions. 45-year-old Webber is a 5-time NBA All-Star, a 5-time All-NBA Team member, a former NBA Rookie of the Year, and a former number one overall NBA draftee. Currently, Chris Webber works as an analyst on NBA TV's NBA Gametime Live.

 

Chris actively played until 2008 since his professional debut in 1993. With the professional playing career of 15 years, Chris earned more than $178 million through his attractive salary and contract. Currently, Chris Webber is estimated to be enjoying the net worth of $80 million. Let's know all about his salary, net worth, endorsements and career earnings in this section. 

Net Worth and Salary of Chris Webber 

Chirs  Webber has marked himself as one of greatest NBA player and is reported to have the net worth around $80 million with his salary and endorsements with brands like Nike and Fila.  But, his net worth as of 2023 is still under review.

Many of you might not know, but as per the report of The Richest in 2008, Chris' net worth was reported to be $143.4 million, however, the figure changed after his retirement since 2008. Though, Chris has retired from his playing career, his love for NBA has not expired, as he currently works as the NBA's analyst earning the salary of around $125,000.

[ CAPTION: Retired American basketballer Chris Webber ][ SOURCE: USA Today ]

Curious to know more about his career earnings? Scroll down.

Chirs Webber's Playing Career Earnings and Salary

Initially, Chirs Webber used to play for the University of Michigan, then later in 1993 NBA draft, Chris was selected by the Orlando Magic, becoming the first sophomore since Magic Johnson to be a No. 1 overall draft pick. However, Chris was immediately traded to the Golden State Warriors, and on October 17, 1993, he signed a 15-year contract worth $74.4 million.

But, Chris played with the Warriors for a season, earning the base salary of $1.6 million. Then, Chirs moved to Washington Wizards (then Bullets) in 1994, where he played till 1997 season alongside his college teammate and friend, Juwan Howard. As reported, Chris' annual salary was $8 million in 1997 season; the same season when Michael Jordan earned ever recorded highest annual salary of $33,140,000, earned by an NBA player in a season. 

 

A post shared by Chris Webber (@realchriswebber) on

After Chris Weber's contract with Washington Wizards was over, he joined Sacramento Kings on May 14, 1998. With the Kings, Chris got hands over the annual salary of $10 million, $11 million, $12 million in 1998, 1999 and 2000 seasons respectively. 

Then after signing a 7-year-contract worth $127 million with the Sacramento Kings on July 27, 2001, Chris Webber's salary was reported to be $12.7 million in 2001, which increased to $17.53 million while reaching 2004 season.  

Let's get refreshed with top 10 plays of Chirs Webber. 

In February 2005, Webber was traded to the Philadelphia 76ers along with Michael Bradley and Matt Barnes. Chris played for Philadelphia 76ers for 2 seasons till 2006 season, earning the average annual salary of $18.36 million.

After that, Chris joined Detroit Pistons on January 16, 2007. He played for them for a season getting paid only $602,173, which was his last season of playing career.

Have a look at the salary table of Chris in his playing career. 

Year Team Salary
1993 Golden State Warriors $1.6 million
1994 Washington Wizards $2,080,000
1995 Washington Wizards $7,000,000
1996 Washington Wizards $8,000,000
1997 Washington Wizards $9,000,000
1998 Sacramento Kings $10,000,000
1999 Sacramento Kings $11,000,000
2000 Sacramento Kings $12,000,000
2001 Sacramento Kings $12,750,000
2002 Sacramento Kings $14,343,750
2003 Sacramento Kings $15,937,500
2004 Sacramento Kings $17,531,250
2005 Philadelphia 76ers $19,125,000
2006 Philadelphia 76ers $17,600,000
2007  Detroit Pistons  $602,173

Even though Chris was signed again by his former team Golden State Warriors at the beginning of 2008, but due to his persistent problems with his surgically repaired knee, he left his playing career. On March 25, 2008, Chris officially announced his retirement. 

Chris Webber's House and Cars

Chris has not disclosed the detail of his current home, where he lives with his wife Erika Webber Dates and his twin children. But we do have the information of his former house. Previously, Chris owned a house in the Big Rock area of Malibu, which he had bought in 2007 for $3.75 million. 

Later in February 2014, he listed his mansion featured with cladding in wood flooring and wall paneling,  a fireplace, a kitchen, an office, a den, three bedrooms, three bathrooms and a lap pool, for the asking price of $3.995 million. However, he sold the property at a loss of $265,000 for $3.485 million. 

Chris Webber's former house in Malibu [ SOURCE: Celeb Digs ]

Besides this, Chris also owns a 140-acre estate in Atlanta suburb of Tyrone, GA, which he bought in 2005 for $2.8 million. The property features a three-story house with 8,000-square-foot party barn and a man-made sand beach adjacent to a 15-acre lake. Though it was rumored to be on a sale, no news of property sales has arrived yet. 

Talking about Chris' cars, the detail of his car collection is not out yet, but it is reported that Chevrolet is his favorite brand.

Artifacts lover Webber Previously Owned a Restaurant

Chris Webber seems to fond of collecting artifacts which he has been doing since 1994. His artifacts include an original 1901 publication of an autobiography by Booker T. Washington, various documents, letters, and postcards signed by Frederick Douglass, Martin Luther King Jr., and Malcolm X. 

Have a look at this video displaying the artifacts of Webber. 

Once, Chris also owned a restaurant too. He was the owner of Center Court With C-Webb, a restaurant in Sacramento, California, however, it was closed on November 17, 2009, without a reason disclosed in public. 

Chris Webber After his Retirement

After his retirement, Chirs became an analyst on NBA TV's NBA Gametime Live and currently works there. Chris also serves on the Tuesday Fan Night alongside Ernie Johnson and Kevin McHale and is the occasional guest analyst on TNT's Inside the NBA.  

 

Game time #nbaontnt who you got... Bos @ Wash

A post shared by Chris Webber (@realchriswebber) on

Currently, Chris' salary is not disclosed, but he is assumed to be earning the salary of $125,000. 

Chris Webber's Legal issues and Fines

In 1998, Webber got arrested for driving under the influence of marijuana and violating traffic rules. For that, he was fined $560. Later that year, Chris paid a $500 fine after U.S. Customs found marijuana in his bag while he was leaving for Puerto Rico on a promotional tour for Fila sneakers.

Well, his involvement in the University of Michigan Scandal is also unforgettable. Chris reportedly accepted illicit loans from a guy named Martin during his college days, which was estimated to be around $38,000. Later after pleading guilty, Chris was ordered to pay $100,000 to Martin and perform 330 hours of community service. 

Chris Webber's Philanthropy

Chris alongside being a successful basketballer is also a kind and generous person as well. He is active in charity works and founded The Timeout Foundation in 1993 which works to benefit youths with positive educational and recreational opportunities.

Really success is not only judged by money, it includes the humanitarian works too. 

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