How much is Jalen Rose net worth and salary in 2020?
Read on to find out his current value and how he made his millions.
Jalen Rose is a retired American basketball player who played in the National Basketball Association (NBA) from 1994 to 2007, for six NBA franchises. Few people know him for his exploits in the NBA, but millions surely recognize him for his ESPN shows. Since 2018, Rose has given his insightful view of the sports in the “Get Up! Show” which airs on ESPN on weekday mornings.
Aside from that, Rose also appears in an afternoon talk show on ESPN titled Jalen and Jacoby. Though Rose did not enjoy a glamorous basketball career like many of his peers, he still is regarded as one of the most talented stars to have thrilled fans with his skills and talents. His best highlights in the NBA include the three consecutive Eastern Conference Finals appearance and his sole 2000 NBA Finals appearance. An incredible player, Jalen Rose ranks as one of the few top stars who never won an NBA Championship.
With an emphasis on Jalen Rose’s worth, we’ll review his early life, career, salary earnings, charity, luxury life, and lessons from his wealth and success.
Table of Contents
Jalen Rose Early Life
Jalen Rose is one of the numerous children born to Jimmy Walker. Jimmy Walker, his biological father, was the 1st overall pick in the 1967 NBA Draft. He played for three NBA Franchise and was a two-time all-star. His mother named him Jalen by combining his father’s name, James, with his uncle’s, Leonard. Like his father, Rose was attracted to sports, specifically basketball.
He received extensive media attention when he was at Southwestern High School, thanks to his top basketball skills. His talents made him feature in the 1994 documentary film, Hoop Dreams. The documentary focuses on two African American high school students from Chicago who aspire to become professional basketball players. Jalen Rose never met his father, even after he became a renowned personality in sports.
Jalen Rose Career, Contracts & Achievements
Following high school, Jalen Rose committed to the University of Michigan, where he played college basketball for four years. He was part of the 1991 recruiting class known as the “Fab Five” who has shown incredible performance on the basketball court.
Jalen Rose was instrumental in leading the Michigan Wolverines to the 1992 and 1993 NCAA Finals, where they lost on both occasions. His performance in the NCAA led reporters to draw comparisons between him and his Idol Magic Johnson.
Jalen Rose entered the 1994 NBA Draft and was selected as the 13th overall pick by the Detroit Pistons. He spent two years playing for the Pistons before moving to the Indiana Pacers. In his first year with the Pacers, Jalen filed multiple Did Not Play – Coach’s Decisions. Things, however, changed when Larry Bird assumed duties as a coach.
He helped the Pacers rebound from a disappointing 1996/97 season and three Eastern Conference Finals. Rose’s top performance earned him the 2000 NBA Most Improved Player Award. He led the Pacers to the 2000 NBA Finals, where they lost to the Los Angeles Lakers. In the 2002 season, he moved to the Chicago Bulls, where he spent two seasons.
In 2004, he was on the move once again to the Toronto Raptors, where he spent two seasons. In 2006 he moved to the New York Knicks. His time with the Knicks was short. The year he was traded to the franchise was also the year the franchise waived him. Ahead of the 2007 season, he penned a one-year $1.5 million deal with the Phoenix Suns. Jalen could not keep up with the Phoenix Suns’ fast-paced offense, which led him to retire after the Suns were eliminated in the 2007 Playoffs.
Jalen Rose Net Worth in 2020
As of 2020, Jalen Rose’s net worth is valued at $60 million. Following his 13 year NBA career, Jalen put the fortune he had accumulated in his NBA career to good use by establishing a media production company named Three Tier Entertainment (TTE). His company produced the ESPN documentary titled ”The Fan Five”, which attracted 2.7 million viewers, making it ESPN’s highest-rated documentary.
Aside from the production company, Jalen Rose successfully transitioned from a renowned basketball star to a reputable sports analyst following the success of his ESPN shows. With more TV ratings for his shows and success in his production company, his worth could rise significantly.
Jalen Rose Career Earnings
In the 14 seasons Jalen Rose spent in the NBA, he earned a total of $102,438,250 in salaries. His salary peaked at $15,694,250 in his 12th season in the NBA while he was a Toronto Raptors player.
Jalen Rose Salary as a Sports Analyst
Jalen Rose has a successful career at ESPN as an NBA Countdown Analyst and co-host of Jalen & Jacoby. According to reports, Jalen Rose’s salary is reportedly around $3 million per annum, making him among ESPN’s highest-paid employees.
Jalen Rose Charity & Philanthropy
Jalen Rose owns the Jalen Rose Foundation/Charitable Fund, which he founded in 2000. The foundation focusses on providing opportunities for underserved youths and giving grants to charities. His foundation has given out more than $1.2 million in charitable donations. Rose’s philanthropic activities have earned him multiple awards, such as the 2013 Detroit News Michiganian of the Year award. He also co-founded the tuition-free Jalen Rose Leadership Academy (JRLA), a charter high school located in Detroit.
Jalen Rose House
A very private individual, Jalen Rose may be a public figure but personal details, which fans source are closely guarded. The star lives in a villa in Orchard Lake. He listed a mansion located in Orchard Lake, Michigan, for sale in the past. The estate, which listed for $8.5 million, covers 9,296 square feet and has five bedrooms and nine bathrooms. In 2008 he sold a mansion in Las Vegas to boxing legend Mike Tyson for $1.75million.
Jalen Rose Cars
Rose has a luxurious car collection, which includes a 1969 Dodger Charger, a 1964 Cadillac, and others. In the past, he has offered to sell some of the cars in his collection.
Lessons from Rose’s worth & success
Create a name for yourself
Jalen Rose’s father, Jimmy Walker, was a renowned NBA star. Despite that, Rose created a name for himself based on his abilities without relying on his father’s fame.
Jalen once said, “Nothing substitutes for a great education.” While you pursue a career in sports, never let your education suffer.
|Net Worth:||$60 Million|
|Career Earnings:||$3 Million|
|Date of Birth:||January 30, 1973|
|Age:||50 years old|
|Source of Wealth:||Basketball Player, Sports Analyst, Actor|
Jalen Rose’s net worth is valued at $60 million in 2020. Although Rose had a good NBA career, it was not as glamorous as that of his peers. However, he did not allow his low points to affect him negatively, and now, with his abilities, Rose is impressively rich.
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