Catch up on the latest scoop regarding Larry Bird’s net worth, including his salary, earnings, endorsements, investments, and more. Stay tuned to Pinkvilla for additional updates on Larry Bird’s financial game.
Larry Joe Bird, an American former professional basketball player born on December 7, 1956, had an illustrious career in the NBA.
He played 13 seasons with the Boston Celtics, from 1979-80 through 1991-92, and concluded his tenure with impressive statistics: 21,791 points (24.3 ppg), 8,974 rebounds (10.0 rpg), and 5,695 assists (6.3 apg).
Recognized for his exceptional abilities as a scorer, passer, rebounder, and defender, Bird achieved notable success during his time in the league.
He secured three NBA championships with the Celtics in 1981, 1984, and 1986, was a 12-time NBA All-Star, and clinched three consecutive league Most Valuable Player (MVP) awards.
Maintaining his legacy, Larry Bird’s Indiana estate exudes luxury, boasting a pristine pool, meticulously kept yard, and a kitchen worthy of magazine features.
While his future playing field remains uncertain amid semi-retirement, there’s speculation from the listing agent about Bird potentially relocating out of state.
Beyond his Indianapolis stronghold, Larry Bird holds court in his hometown of French Lick, Indiana—a place intertwined with his basketball journey from birth to coaching. His childhood abode stands proudly at the intersection of S. Jefferson & Washington, just a quick dribble away from the French Lick Springs Hotel.
His retirement in 1992 resulted from a debilitating back condition, following his participation in securing a gold medal with the original Dream Team at the Olympics in Barcelona.
Transitioning from his playing days, Bird ventured into a front-office role with the Celtics before taking on the position of head coach for the Indiana Pacers.
Larry Bird’s Net Worth – $ 75 million
By 2024, Larry Bird, the former professional basketball player and businessman, amassed an estimated net worth of around $75 million.
His basketball career, characterized by a $24,070,000 NBA salary, served as a primary source for accumulating his wealth. Bird’s tenure exclusively with the Celtics culminated in an Olympic gold medal win in 1992 as a member of “The Dream Team”.
Apart from his basketball earnings, Bird capitalized on astute investments and engagement in diverse business ventures. His endorsements span prominent entities such as the Heinz Corporation, Coca-Cola, Nike, and General Electric.
Larry Bird’s Salary and Career Earnings
Larry Bird, the former professional basketball player, spent his entire professional career with the Boston Celtics. Throughout his time, he achieved numerous financial milestones.
As a rookie, he signed a lucrative five-year contract worth $3.25 million, making him the highest-paid rookie in the league, earning $650,000 annually.
He further cemented his financial success by becoming the first player to reach a $5 million salary
In the 1991-92 season, he reached the pinnacle of his earnings, receiving a staggering $7,070,000. Unfortunately, due to a back injury, he announced his retirement thereafter. Throughout his NBA career, Larry Bird accumulated total earnings of $24,070,000.
Larry Bird’s Endorsements and Investments
Throughout his career, Larry Bird, a former NBA player, coach, and executive, actively engaged in numerous endorsement deals.
Converse:
Larry Bird endorsed Converse’s “Weapon” line of basketball shoes during the 1980s.
This endorsement, featuring ads alongside NBA stars like Isiah Thomas and Kevin McHale, notably included the slogan “Bird and Magic have chosen their weapons. Now choose yours.”
The successful ad campaign, filmed at Bird’s Indiana home, solidified the friendship between Bird and Magic Johnson and significantly boosted sales for Converse, which held a near monopoly on basketball shoes at the time.
Heinz Corporation:
Additionally, Larry Bird served as the national spokesperson for the Heinz Corporation’s frozen meal products.
This endorsement was part of his array of deals, which also encompassed brands like McDonald’s, Hanes, Chevrolet, Nike Air Jordan sneakers, Footlocker, and AT&T.
His endorsement ventures, coaching career, and business initiatives contributed to his estimated net worth of $75 million by 2023.
Beyond his commercial involvements, Bird actively participated in charitable initiatives supporting causes such as the American Foundation for Suicide Prevention, CharitaBulls, Depression and Suicide, Family/Parent Support, Grief Support, and Miscellaneous charities.
Larry Bird’s Investments
Larry Bird’s career has been marked by significant investments in real estate. Here are some of his notable properties and ventures
Indianapolis Mansion: Larry Bird possessed a 10,232-square-foot mansion in Indianapolis, featuring five bedrooms, eight bathrooms, three fireplaces, a tennis court, multi-level patios, a pool, and a pool house equipped with a kitchen.
The lower level of the mansion included a home theater, billiard room, wine cellar, pub-style wet bar, and fitness room.
Naples Mansion: Bird acquired a luxurious mansion in Naples for $3.3 million, resting on 1.5 acres of land. In 2021, the mansion was listed for sale at a reduced price of $4.8 million.
Terre Haute Hotel and Restaurant: Another notable real estate investment by Larry Bird is his co-ownership of a hotel and restaurant in Terre Haute.
Real Estate Ventures: Bird’s involvement extended beyond specific properties; he engaged in real estate trading and leveraged his appearances in movies and video games, further enhancing his fame and earnings.
Larry Bird – House and Cars
Larry Bird, a former NBA star who won three championships and earned two Finals MVP awards, had a mansion custom-built in Indianapolis for himself and his wife.
Sitting on 1.5 acres of land, the mansion covers 10,000 square feet and includes five bedrooms, seven bathrooms, a large living room, a family room with a fireplace, a modern kitchen with high-quality appliances, and a family dining area.
In 2003, Bird purchased the 10,232-square-foot home for $3.3 million in cash. By 2019, it was listed for sale at $2.35 million, known for its meticulous upkeep, showcasing a pristine pool, perfectly maintained yard, and a kitchen resembling those seen in magazines.
While it remains uncertain whether Bird, who is semi-retired, has departed Indiana, the listing agent suggested the potential of Bird relocating out of state.
Apart from his Indianapolis estate, Larry Bird also has a residence in his hometown of French Lick, Indiana, where he was born, and raised, played college basketball, coached the Pacers, and presided over the NBA team.
His childhood home stands at the intersection of S. Jefferson & Washington, situated just a short 5-minute drive from the French Lick Springs Hotel.
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