Phil Jackson Net Worth, Money and More
Net Worth – $45 million
Former Basket Ball player and Coach
Who said Coaches don’t make millions? To talk about Phil Jackson is to talk about one of the greatest coaches in the history of Basket ball.During his career, Phil Jackson coached for the New York Knicks, Los Angeles Lakers, New Jersey Nets and the Chicago Bulls. Jackson is also a former NBA player who played professionally from 1967-1980. Phil Jackson is considered one of the greatest coaches of all time and has 11 NBA championships, more than any other coach.
Privy life
A pure bred American by birth, Montana born Phil had a very religious background as both his parents were in the ministry of God.He grew up playing Varsity Basket ball and also a little bit of football and baseball.He studied at the Williston High School in North Dakota. He is married twice and has five children and seven grandchildren. He has admitted to using Marijuana and LSD in the past.Jackson was diagnosed with prostate cancer in March 2011. He told the Lakers players in May 2011, when they were involved in a second-round play-off series against the Mavericks. Jackson decided to delay his surgery until after the play-off’s.
Career
While in high school,Phil was recruited to play North Dakota to play basketball after graduation. While there, he helped his team win third- and fourth-place finishes in the NCAA Division II championships.Success here opened up an new path for him as he was immediately drafted to the second round by the New York Knicks. Though he was intelligent, hard working, and a good all-round athlete, he was never a star player. He retired from play in 1980.
His role as a coach saw him teach the lower-level professional league first.Believed to be sympathetic to counter culture, he was invariably denied to get a job in the NBA.1987 saw Phil being chosen as the assistant coach to the Chicago Bulls and promoted to Head coach in 1989.For over nine seasons,he led the Bulls to six championships.Jackson and the Bulls made the play-off’s every year, and failed to win the title only three times. He follows the Zen principle while coaching which he believes is essential n the reason for his success.
After winning the title in 1998, Jackson took a year off, and then joined the Los Angeles Lakers in 1999. He had immediate success with the team, leading them to a three-peat against the Indiana Pacers, Philadelphia 76ers and New Jersey Nets in 2000, 2001 and 2002.When the Lakers saw a low in their games, Phil was rehired as the coach and the teams fortunes were restored.
Journey to the millionaire club
With his family being deeply involved in religious activities, it was like surely confirmed that he would follow their footsteps.It’s quite impossible to say whether Jackson would have been happier serving God, then he was playing on NBA, but some things we know for sure- today Phil Jackson net worth wouldn’t be counted in tens of millions and we wouldn’t be writing this article.
Than being a player, Phil made most of his money by being the coach of some the best teams to play Basket ball. This net worth of 45 million is quite a huge amount of money because he is not just a successful basketball player but he is also known as a successful professional basketball coach who has led several famous teams to win the prestigious trophies in the NBA competition. During his career as a professional basketball coach and as a player, Phil has won eleven NBA titles. This makes him the most successful NBA coach in the history.
Jackson was paid a staggering $11 million to coach the Lakers for three seasons and this shows the quality of the man.2007 saw him win his 900th game and his salary was a huge $10,000,000 a year. When he was re hired by his former team, the salary rate rose up $ 23 million that made him the highest paid coaches in basket ball history.His house is worth a plush $6.2 million and the old man has possibly everything that any other coach craves at that age.Part of his money came from writing as well.Forbes named him as one of the richest coaches of the year 2010-11.
Although retired,there are speculations that he would come back to coaching again,if so,it would be millions galore for Jackson again.
Charity
Phil supports the ‘American Indian College Fund’ and the ‘Children’s Hospital Los Angeles.He recently donated $ 2 million the children s home.He is also a part of the Swift Eagle Charitable Foundation.
Awards
In 1996, Jackson won the NBA Coach of the Year Award. In the same year he was named one of the ten greatest NBA coaches of all time by vote in an unranked compilation. At the time he was in his 8th year coaching; in the seven years prior he coached 574 games and won 414, with only 160 losses, and had a win-loss percentage of 72.1% – the highest of any coach on the list at that time. He continued his success in his later career; Sources of various sports agencies now confirm that he is the most sought coach for any professional basket ball team.
In 2002 and 2010 Jackson received the Amos Alonzo Stagg Coaching Award from the United States Sports Academy.
