How Rick Fox Achieved a Net Worth of $20 Million

Rick Fox is a Canadian-Bahamian actor and ex-professional basketballer. His wealth began to increase after he was selected to play for the Boston Celtics in 1991. Before he was selected, he had been playing basketball since he was in high school. A major achievement of his began when he led his college team to the last four of the 1991 NCAA championship. It is possible that this win got the attention of the NBA. By joining NBA, he became famous, and it opened doors for him in movies. Now that we know a bit about his career journey, we need to detail his journey to understand how he achieved his net worth. Additionally, we will also focus on his assets. Without further ado, here are the details of how he became wealthy.

Basketball Career

He joined Boston Celtics in the first round of the 1991 NBA draft. According to Players Bio, he became the first rookie to start a game on the season’s opening night since Larry Bird in 1979. In 1992, he made the NBA All-Rookie Second Team after scoring an average of 8 points per game. In subsequent years, his skills began to improve remarkably. For instance, he averaged 15.4 points per game and made 2.2 steals per game in 1996-1997.

In 1997, he decided to leave Boston Celtics for the Los Angeles Lakers. When he was with the Boston Celtics team, his average annual salary was $1.75 million. After joining the Lakers, he began averaging at least 12 points per game in all 82 games during the 1997-1998 season. During the 1999-2000 season, he began to average 6.7 points per game. When the 2001-2002 season rolled in, he had appeared in all 82 games in the Laker’s 19 postseason games scoring 13 points. In 2004, he retired from professional basketball. His annual salary increased each year. When he joined the Lakers in 1997, his salary was $1,000,000. By the time he retired, his salary was $4,734,797 during the 2003-2004 season.

During NBA Career

Rick appeared in his first film, Blue Chips, in 1994. In the movie, he played the role of a basketballer who was part of the Western University basketball team. It was in 1996 when he played a slumping basketballer who receives help from Whoopi’s character in the movie, Eddie. In 1998, he then appeared in a film with Denzel Washington called He Got Game. Besides appearing in movies, he appeared in a series called Oz and was featured in 11 episodes. After Oz, he appeared in three more series like Missing, The Fairly OddParents and Street Time. This series marked the first time he would branch out of his usual basketball roles in films.

After NBA Career

In 2005, he starred as Stephen Melbourne in a series called Kevin Hill. That same year, he was cast in a series called Love, Inc. In 2006, he had a role in One Tree Hill, which saw the return of him appearing in something basketball-related. Other series that he acted in include Ugly Betty, Body of Proof, Single Ladies, Mom, Shameless, etc. His earnings in series and movies have not been disclosed anywhere, so it is hard to estimate his earnings. According to Zip Recruiter, an American actor earns on average $5,954 in a month, so we can gauge how much he may have been making based on this statistic.

Reality Television Career

In 2010, he appeared as a celebrity contestant in ABC’s Dancing With The Stars. He was paired with Cheryl Burke, and they came in sixth place. After that, he appeared in other reality television shows like RuPaul’s Drag Race, Jace Hall Show, Are You Smarter than a Fifth Grader? and Chopped.

He Acquired a “League of Legends” Team Called Gravity Gaming in 2015

When Rick purchased the team with Amit Raziada, people were appalled because he seemed like an unlikely figure in the e-sports world. According to Celebrity Net Worth, he claimed he acquired the team to get closer to his children. Once the purchase was complete, he rebranded Gravity Gaming as “Echo Fox.” The business was doing well up until 2019. In 2019, Rick accused Amit of making racist comments to him and threatening his family.

This situation caught the attention of Riot Games, the operator of the League of Legends Championship Series in which the Echo Fox team competes. Riot Games threatened to remove Echo Fox from the championship unless Amit was removed from the esports team. Another problem occurred when Rick tried to sell his stake in the company. He had a 9% stake, which meant he would receive $11 million after the sale. This should give you a rough idea of how much he was making from Echo Fox. The company threatened to sue Rick because it alleged he was acting out of his own interest. Ultimately, he left Echo Fox.

Assets

Rick owns several cars but is always seen driving his 2019 Cadillac Escalade. Under its hood is a standard 6.2-liter engine that generates 420 HP and 460 ft-lb of torque. His SUV has a maximum towing capacity of 8,300 lbs. Following his earnings from acting and playing basketball, it is no surprise that he owns a rather pricey car. According to US News, the average price of the vehicle ranges from $54,548 to $68,185. Besides the cars, he owns a luxurious apartment. He bought the apartment in Los Angeles for $1.399 million in 2013. This property sits on the Wilshire Corridor and features two bedrooms and three bathrooms.

Conclusion

Rick Fox’s net worth can be attributed to pursuing the right career. When you play basketball for a career, you are assured of being famous. We have seen how his fame caused him to appear in movies. Even after he retired from basketball, he was still able to make money from acting. If you are a basketballer in high school or college, be sure to be good at the sport. Who knows, you could be drafted by the NBA? You may not necessarily transition to movies like Rick, but you will still be a millionaire since basketballers get paid handsomely.