Yao Ming Net Worth
Yao Ming is a former professional Chinese basketball player, who is known for his basketball career as a basketball player on the Shanghai Sparks for the Chinese Basketball Association. He is also known for his play time on the Houston Rockets in the NBA. In his final season he was recognized as the tallest player in the NBA as well as being known to be the only player outside of the United States to lead the NBA in All-Star voting. The estimated net worth of Yao Ming is $120 million.
Yao Ming was born on September 12, 1980 in Shanghai, China. He is the only child of Yao Zhiyuan, who is 6’7, and Fang Fengdi, who is 6’3. Both of his parents were former professional basketball players. When Yao Ming was a newborn, he weighed more than average size Chinese newborn. At nine years old, he attended a junior sports school, where he played basketball. The next year, Yao Ming measured at 5 foot 5 inches, and it was later predicted by the sports doctor that he would grow to be 7’3 by the time he became an adult. When Yao Ming was 13, he tried out for the Shanghai Sharks, and practiced ten hours a day, so that he would be accepted. He played for the junior team for four years on the Sharks and then he joined the senior team, where he averaged 10 points and eight rebounds a game in his rookie season. However, his next season was cut short, after he broke his foot. After he returned for his third season, Yao helped take the Sharks to the CBA finals. The team lost both times to the Bayi Rockets. During the playoffs in Yao’s final year, he averaged 38.9 points as well as 20.2 rebounds.
In 2002, Yao Ming became one of several new foreign players signed to the American teams in the NBA draft. Although he was the first from another country to become a number one draft pick, there 34 nations represented in the NBA player roster. After being picked to join the Houston Rockets in the NBA, Ming was released from his contract in the CBA for a small percentage of his NBA salary. Upon, joining the Rockets. He signed a four year $18 million dollar contract to play center. He was also the first number one draft pick to come from the international players’ ranks. In December of 2002, he was named rookie of the month, at the Western Conference. He later made it onto the NBA All-Star team, and beat our Shaquille O’Neal as a fan favorite.
Awards and Accomplishments
Although Yao Ming had to work very hard to become an NBA draft pick, he has come a long way, since his starting years as a rookie basketball player. His hard work has earned him several awards and acknowledgements, which has led him to become a well known fan favorite. In 2001, he won, the CBA Most Valuable Player Award as well as the NBA All-Rookie Team Award, in 2003. He also won the Laureus World Sports Award for Breakthrough of the Year, in 2003. The next year, Ming won the All-NBA Team award and most recently he won the Laureus World Sports Award for Spirit of Sport.
Net Worth of Yao Ming
Known as the “Gentle Giant,” Ming, has not only carried his professional basketball team in the CBA and NBA, but also in the Olympics. He first played in the Summer Olympics in 2000 and in the 2004 Olympics, he carried the Chinese flag during the opening ceremony. Yao Ming also made an appearance alongside Verne Troyer, Austin Powers, Mini Me, in an ad for an Apple computer. His popularity also led him to star in a Visa check card commercial and also several television commercials for China Unicorn, a telecommunications company. The net worth of $120 million, and he owes much of his success to his career as a professional basketball player as well as his appearances in popular television commercials.
Yao Ming has become known as an influence to people all over his home country. Nicknamed, “Dynasty,” Ming has become so popular and loved over the years, that soon after his retirement, he was nominated for the Naismith Basketball Hall of Fame, by a member of the Chinese media. After canceling his Hall of Fame induction in 2012 until 2017, he was finally inducted and has continued to be the basketball super star loved by all.