Home » Sports News » NBA Star Karl Malone runs an Automotive Industry, his Net Worth grows

Karl Malone, the legendary basketball player, had a wonderful NBA career, and here is more about his net worth, salary, records, and endorsements.

Karl Malone was popularly known as the ‘Mailman’ for his flawless deliveries. More than that, this power forward retired professional basketball player, is also regarded as one of the best NBA players in history. Karl Malone is in the list of the top 100 richest NBA players of all time.

Let’s know more about this legendary player

Karl Malone Facts

Full NameKarl Anthony Malone
Birth DateJuly 24th, 1963
Birth PlaceSummerfield, Louisiana
Nick NameMailman
Father’s NameShedrick Hay
Mother’s NameShirley Malone
SiblingsDan Malone, Tiffany Turner
NationalityAmerican
CollegeLouisiana Tech University
Star signLeo
Age59 years
Hair colorDark Brown
Eyes colorDark Brown
MarriedYes
WifeKay Kinsey (m. 1990)
KidsDavis Bell, Cheryl Ford, Daryl Ford, Karlee Malone, K.J. Malone, Kylee Malone, and Kadee Malone
PositionPower Forward
Years active1985 -2004
TeamsAs a player- Utah Jazz (1985–2003) Los Angeles Lakers (2003-2004)   As a coach- Louisiana Tech (assistant)
Achievements2× NBA Most Valuable Player (1997, 1999)
14× NBA All-Star (1988–1998, 2000–2002)
2× NBA All-Star Game MVP (1989, 1993)
11× All-NBA First Team (1989–1999)
2× All-NBA Second Team (1988, 2000)
All-NBA Third Team (2001)
3× NBA All-Defensive First Team (1997–1999)
NBA All-Defensive Second Team (1988)
NBA All-Rookie First Team (1986)
Net Worth$90 Million
EndorsementsNike, Toyota, M&M Automotive, Burger King

Malone was the 13th overall draft pick in the 1985 NBA draft by the Utah Jazz. During his second episode with the Jazz, he was the game’s top scorer in 24 of the team’s 29 games from February to April 1987. Malone earned a reputation for being dependable as he grew out of his rookie status and became a cornerstone of the team’s performance. Malone made his first All-Star Game and All-NBA squad in 1988, marking the start of a 14-year streak of All-Star appearances.

Karl Malone has a net worth of $85 million
After a high scoring first quarter Jazz Forward Karl Malone is unhappy with his play in the third quarter of game one of the 2003 NBA Basketball Herren USA Western Conference Playoffs between the Utah Jazz and the Sacramento Kings at Arco Arena in Sacramento, California. April 19, 2003. (Sacramento Bee Photograph by )/ZUMA Press Sacramento Bee Image Archive

Karl Malone Net Worth and Salary

Karl Malone has a net worth of a whopping $55 million. This hefty amount covers all his assets which he has, which he proudly built by serving NBA for about twenty years. The Mailman is thought to have earned more than $105 million from his salaries alone from NBA, endorsements are like a cherry on the top.

Karl Malone was the second-best player during his time. He won the NBA Most Valuable Player award from 1997 to 1999. This deliberately made him one of the highest-paid players. In his initial stages as a basketball player, he used to earn an average of $500,000 yearly, which rose to $19.2 million in his ending times. Like all other wealthy people out there in America, Karl has a big property in the city of Louisiana. The residence where he stays currently is worth $8 million.

Karl Malone has a net worth of $85 million
Karl Malone giving an interview. (Imago)

Karl Malone personal life

Born in Summerfield, Louisiana, 59-year-old Malone is the son of Shirley Malone and Shedrick Hay. Malone has two siblings named Dan Malone, and Tiffany Turner.

The mailman tied the knot with Kay Kinsey, on 24th December 1990. His marriage life is also beautiful just like his career in NBA. Further, he has seven children named Davis Bell, Cheryl Ford, Daryl Ford, Karlee Malone, K.J. Malone, Kylee Malone, and Kadee Malone.

A tabloid alleged in 1998 that Malone had been the subject of paternity litigation a decade before, claiming that he was the father of three children not born during his marriage to Kay. Malone had twins with Bonita Ford, a woman from his hometown, when they were both 17 years old, it was later discovered. It was also revealed that he had fathered a kid with Gloria Bell, who was just 13 years old at the time of her delivery. The cases were settled based on confidentiality.

Karl also runs his own Karl Malone Foundation, to help needy families. He even donated thousands of dollars during the re-election campaign of President George W. Bush. Moreover, this 14-time NBA All-Star is also a Board member of the National Rifle Association.

Karl Malone has a net worth of $85 million
Karl Malone with his wife Kay Kinsey. (Instagram)

Karl Malone endorsements

Karl Malone got endorsed well by Nike, apart from the iconic show company, his business endeavors covered various other domains. He expanded his fame and name with brands like Toyota, there is a Toyota car dealership in Draper. Two condos at Green Valley, M&M Automotive, Sandy, along with these, he is also the part-owner of two Burger King franchises, one in Utah and another in Idaho. He also had Honda Dealership, which he later sold to Larry H. Miller.

Karl Malone FAQs

Who is Karl Malone married to?

Karl Malone is married to Kay Kinsey.

What is Karl Malone’s height?

Karl Malone is whooping 6 feet 9 inches.

How much does Karl Malone weigh?

Karl Malone weigh around 117 kg (259 lb)

How old is Karl Malone?

Karl Malone is 59 years old.

What other things Karl Malone does outside basketball?

Karl Malone is fond of hunting and fishing as well.

What is the net worth of Karl Malone?

Karl Malone has a net worth of $55 million.

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