Spencer Haywood net worth
Spencer Heywood Net Worth: Spencer Heywood is an American retired professional basketball player who has a net worth of $3 million. Spencer Haywood was born in Silver City, Mississippi in April 1949. A 6-foot-8 power forward and center, he played at Pershing High School, where he won a state championship. Haywood played his college basketball at Trinidad State and the University of Detroit. After playing for the ABA’s Denver Rockets from 1969 to 1970, he was selected by the Buffalo Warriors with the 30th overall pick in the 1971 NBA draft. He played for the Seattle SuperSonics from 1970 to 1975 and the New York Knicks from 1975 to 1979. Haywood played for the New Orleans Jazz in 1979 and the Los Angeles Lakers from 1979 to 1980. He played for Reye Venezia in Italy from 1980 to 1981 and the NBA Washington Bullets from 1981 to 1983. Haywood won the NBA championship in 1980 and was the ABA MVP in 1970. He was a four-time NBA All-Star and ABA All-Star and All-Star Game MVP. He has received many other honors, his No. 24 jersey was retired by the Seattle SuperSonics, and he is a member of the Basketball Hall of Fame. Haywood also represented the United States in the 1968 Mexico City Olympics and won a gold medal. Spencer was married to supermodel Iman from 1977 to 1987, and they have a son together. At the peak of his career, Spencer earned about $350,000 per season, which is the same as today’s $1.5 million.
Nike deals: Early in Spencer’s career, an upstart shoe company called Nike approached Spencer to endorse their products. Spencer could choose between $100,000 ($500,000 in today’s dollars) or a 10% stake in the company. Sadly, Spencer opted for $100,000. Had he accepted the equity offer, his net worth today would be well over $10 billion (including dividends).
