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Moses Malone Net Worth, Biography & Wiki 2017
Moses Eugene Malone was born on 23 March 1955 and died on 13 September 2015. He was a basketball player in both the American Basketball Association (ABA) and National Basketball Association (NBA) before the merger. Malone was named Most Valuable Player (MVP) three times as well as NBA Finals MVP, solidifying his status as one of the 50 Greatest Players.
So how rich was Moses Malone? According to sources, he had a net worth of $5 million. In his 21 years in basketball, Malone played for seven teams and gained a total of $13.9 million in salary.
Moses Malone Net Worth $5 Million
Malone was born in Petersburg, Virginia, USA and raised by his mother Mary, a fifth-grade drop-out who separated from her husband due to his drinking problem. Malone went to Petersburg High School, where he joined the school’s basketball team. In his last two years, the team became back-to-back champions in their two undefeated seasons. Malone then enrolled at the Terrapins at the University of Maryland to play ball, but quickly forfeited when he was chosen by the Utah Stars in the third round of the 1974 ABA Draft, making him the first professional basketball player drafted straight from high school. He signed a five-year contract with the Stars worth $3 million, the start of his net worth, and became an ABA All-Star and ABA All-Rookie in his first season. The Stars was shut down after the season, and Malone was sold to the Spirits of St. Louis, for whom he played in the 1975-1976 season. In his short stint at the ABA, Malone had an average of 17.2 points and 12.9 rebounds per game.
Upon closing the season, the merger between ABA and NBA was settled, with the Spirits being excluded from the union. Prior to the merger, Malone was chosen by NBA’s New Orleans Jazz, only to be returned to the draft pool. He then became the fifth overall pick by the Portland Trail Blazers but was traded to the Buffalo Braves, which Malone played only two games with. He was traded again to the Houston Rockets as the Braves were unable to meet Malone’s playing time demands. In his time with the Rockets, he was named MVP (2x), All-Star (4x), All-NBA First Team (2x), All-NBA Second Team (2x), and All-Defensive Second Team. After the 1981-1982 season, Malone became a restricted free agent, and signed a six-year contract with the Philadelphia 76ers. In his first season with the 76ers, the team won the championship, earning Malone another MVP for two years straight. He was also named an All-Star for another four consecutive seasons, All-NBA First Team (2x), All-NBA Second Team, and All-Defensive First Team. Four seasons later, Malone was traded to the Washington Bullets, under which he became an All-Star for the 11th straight year and All-NBA Second Team for the fourth time. Malone then signed a three-year deal with the Atlanta Hawks, during which he achieved his 12th and final year as an All-Star.
Afterwards, he played for the Milwaukee Bucks, in which he played a total of 82 games and had an average of 15.6 points and 9.1 rebounds per game before returning to the 76ers as a back-up player in 1993-1994 season. In the next season, Malone also played as a back-up for the San Antonio Spurs in what would be his last year in the NBA. He retired at the age of 40, with 27,409 accumulated points and 16,212 rebounds. A year later, he was named as one of the 50 greatest players in NBA history and was inducted to the Naismith Memorial Basketball Hall of Fame. His jersey number 2 is to be retired by the 76ers in the upcoming 2016-2017 season.
In his personal life, Malone was married to Alfreda (nee Gill), with whom he had two sons. In 1991, Alfreda filed for divorce due to irreconcilable differences, cruelty and adultery to which Malone denied. She also obtained a restraining order against him and was finally divorced soon after. In 1993, Malone was arrested for violating the restraining order to which he was able to post bail and was released. In 2006, he met Leah Nash, with whom he had a relationship up to his death. He had another son with her, named Micah Francois. Malone died in his sleep at the age of 60 due to cardiac arrest. His remains can be found at Memorial Oaks Cemetery Funeral Home in Houston, Texas.