Karl Malone Net Worth
Karl Malone is an American retired professional basketball player. He was known as “The Mailman” Malone, in the NBA and played the power forward position. His first 18 seasons in the NBA was played with the Utah Jazz. He and fellow, team mate, John Stockton, were the two well known players on the Jazz and made a formidable duo. The estimated net worth of Karl Malone is $75 million.
Karl Anthony Malone was born on July 24, 1963, in Summerfield, Louisiana, to his single mother, Shirley, and father, Shedrick Hay. HIs father raised children with another woman and committed suicide when Malone was only three years old. Karl Malone is the youngest of nine children and while growing up, he lived on a farm. He often worked on the farm by chopping trees, hunting, and fishing. He attended Summerfield High School and led its basketball team to three consecutive Louisiana Class C titles from 1979 to his senior year in 1981. After high school, he attended Louisiana Tech University, so that he could stay closer to home. However, because of his grades being too low in his freshman year, he had to play under coach Andy Russo. During Malone’s second year, he averaged 18.7 points and 9.3 rebounds per game. In his three seasons of playing on the Louisiana Tech Bulldogs, Malone was an All-Southland selection.
Karl Malone started his career in the NBA in 1985, by being a first round draft pick for the Utah Jazz. He quickly became known as a dominant power forward, with fellow player and point guard, John Stockton, running the pick and roll play, and Malone scoring points. During his 18 seasons with Jazz, Malone had never missed no more than two games. He was known as a tenacious player who was known to take shots in the low post as well as the mid-range jump shot. Malone led the Jazz to NBA playoffs in each of his seasons, but unfortunately they never won one. In 2003, he left the Jazz and played his final season for the Los Angeles Lakers, and helped them reach the NBA finals. In 2007, he became the director of basketball promotions and the assistant strength-and-conditioning coach at Louisiana Tech. More recently, he joined the Jazz as a coach for the team’s post players in 2013.
Awards and Acknowledgments
Karl Malone’s hard work has earned him several awards and acknowledgements. He has been given the NBA Most Valuable Player Award, NBA All-Star Game Most Valuable Player Award, and he was named NBA All-Rookie Team. Malone was also named as part of the NBA All-Defensive Team, Southland Conference Men’s Basketball Player of the Year, and he was also inducted into the Naismith Memorial Basketball Hall of Fame in 2010.
Net Worth of Karl Malone
Karl Malone has had a very active career since the start of his NBA career. His passion and love of playing basketball has made him a very well known player. Karl Malone has worked to become one of the favorite sports players of all time since the beginning of his career. The net worth of Karl Malone is $75 million, and he owes much of his success to his career being a basketball player. He can also pay tribute of his success to being a director of basketball promotions and the assistant strength-and -conditioning coach as well as a coach for Jazz’s post players.
Karl Malone married Kay Kinsey, winner of the 1988 Miss Idaho USA pageant, in 1990. They have four children together, Kadee, born in 1991, Kylee, born in 1993, Karl Jr. (K.J.), born in 1995, and Karlee, born in 1998. His son K.J., played football at LSU and was invited to join the 2018 NFL combine. In 1998, Malone had been a defendant in paternity lawsuits with two women, about their children. By the time the lawsuit was over with, the court had found, that Karl Malone was the father of twins, Daryl and Cheryl Ford, who is a women’s basketball player.Malone was also found to be the father of Demetrius Bell, an NFL football player, who has played offensive lineman for the Buffalo Bills, Philadelphia Eagles, and Dallas Cowboys. However, even though Malone had to go to court on a paternity lawsuit, by the fall of 1998, Malone had accepted that he was the father of all three of his children.
Even though Karl Malone has made quite a name for himself in the sports world, he has also influenced people around him by owning several businesses and has taken part in several business ventures. Some of these businesses include, being the owner of Teriyaki Grill, Eskimoe’s Ice Cream, and Arby’s, in Ruston, Louisiana. He also owns two car dealerships in Utah as well as three Jiffy Lube franchises in Utah and is part owner of a Burger King franchise in Utah and Idaho. Malone is a man who has taken his success into being a successful business owner. He will always be known as the NBA player who has influenced basketball players to be great as well as to invest in more than just playing basketball.