Former NBA star Yao Ming, a Chinese citizen, is worth an estimate $175 million. During his career, he played for the Shanghai Sharks and the Houston Rockets. Yao was the NBA’s tallest active player in his senior season, standing 7-foot-6. The Rockets paid Yao $17.6 million in his final season, which was the most money he had ever received in his entire career. In the NBA, he earned around $93 million. When it comes to endorsements and investments, his net worth has increased significantly.
Yao Ming’s Net Worth:
|Net value :||$175 million|
|Date of Birth:||September 12, 1980 (41 years old)|
|Height:||7 ft 6 in (2.29 m)|
|Job:||Basketball player, Athlete|
Youth and career:
It is believed that Yao Ming was born on September 12, 1980 in Shanghai. One of only two children born to Yao Zhiyuan (basketball player) and Fang Fengdi (athlete). When he was born, Yao weighed 11 pounds, more than double the average weight of a Chinese newborn.
At the age of nine, he entered a junior sports school and started playing basketball. At just 13, he tried out for the Chinese Basketball Association‘s Shanghai Sharks junior team. In his first season with the senior team, he put up impressive numbers, averaging 10 points and 8 rebounds per game.
When he broke his foot in his second season, his jumping ability dropped from 15cm to 10cm. In his third and fourth seasons, Ming helped lead the Sharks to the CBA Finals, but they lost both times to the Bayi Rockets. For the first time, the Sharks won an CBA championship under Ming. When Yao Ming played for Shanghai, he made all 21 shots in the final.
Li Yaomin, assistant general manager of the Sharks at the time, pushed Ming into the 1999 NBA draft. When Yaomin persuaded Ming to sign a contract with Evergreen Sports to serve as his agent, the deal gave them entitled to 33% of Ming’s income. , but the contract was later declared invalid.
As predicted by the Houston Rockets, Yao was selected as the first pick in the first round of the 2002 NBA draft. His election made him the first international player to be drafted first overall without having previously played college basketball in the United States. United States.
The Houston Rockets would be where he would spend the rest of his NBA career, from 2002 to 2011. Yao made his NBA debut against the Indiana Pacers, but he failed to score or rebound a point. It was against the Denver Nuggets that he made his first NBA basket.
Ming played just 14 minutes and scored 4 points per game in his first seven games. In contrast, on November 17, 2002, when he shot 9 of 9 from the field, he scored 20 points. Against Shaquille O’Neal for the first time, Yao had six points and two blocks in the opening minutes of the game in January 2003.
During Yao’s second season, the Rockets hired Jeff Van Gundy as their new head coach, and Van Gundy immediately began to focus the offense around Yao. In 2004, Yao set a career high with 41 points and seven assists in a win over the Atlanta Hawks.
Ming’s career was marred by injuries from 2005 to 2011. Osteomyelitis in his left foot required surgery after he missed just two games in his first three NBA seasons. Yao had the most fan votes to start the 2006 NBA All-Star Game, despite missing 21 games while recovering.
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Averaged 25.7 points and 11.6 rebounds per game over the next 25 games. In April 2006, Yao was sidelined for six months after breaking a bone in his left foot during a game against the Utah Jazz. Exactly a year after the incident, he was cleared by doctors to return to the field.
When he needed surgery for a stress fracture in 2008, he knew it was only a matter of time before sustaining another injury. At 86.6% from the foul line, Ming had a career-best free throw percentage in all 77 games this season. For the first time in Ming’s career, the Rockets advanced to the second round of the playoffs by winning all of their games in Houston.
During the 2009–10 season, it was determined that Ming would need additional surgery to repair the bones in his left foot. Because Ming’s feet were in long-term danger, the Rockets limited Yao to 24 minutes per game without consecutive nights during the 2010–11 season. Former NBA star Yao Ming announced his retirement on July 20, 2011, citing foot and ankle injuries.
National team career:
For China, Yao scored 39 points in a victory over New Zealand in the 2000 Summer Olympics. China, Spain, Argentina and Italy were the teams against which the team fell. They qualified for the next round with victories over Serbia and Montenegro.
Yao led China to three consecutive FIBA Asia Cup gold medals, in 2001, 2003 and 2005. FIBA World Championships 2006: Yao participated but China lost to Greece. Ming was a member of the Chinese national team that competed in the 2008 Olympics in Beijing, where the United States won the gold medal.
Career and Salary Highlights:
When Yao played against the Milwaukee Bucks on November 9, 2007, over 200 million Chinese people tuned in to watch. As far as NBA games go, this was one of the most watched. Yao Ming was an NBA All-Star eight times during his playing days. He had 9,247 points, 4,494 rebounds and 920 blocks during his career. The Rockets paid Yao $17.6 million in his final season, which was the most money he had ever received in his entire career. In addition to his salary, he earned approximately $93 million during the year.
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It is widely believed that Yao was the first major Chinese player in the NBA to achieve success. He has contributed significantly to raising the profile of the NBA in China. Even though Yao is no longer in the field, he is still a high paying endorser in China.
Ye Li, a Chinese basketball player, is Ming’s wife. When they were teenagers, they started dating. On August 7, 2007, they exchanged vows, and in May this year, their daughter, Yao Qinlei, was born.
After seven years of study at Shanghai Jiao Tong University, Yao graduated with a degree in economics in 2018. This was possible thanks to a personalized study program.