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B.J. Armstrong Net Worth

How much is B.J. Armstrong worth?

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B.J. Armstrong is a retired professional basketball player who has a net worth of $10 million. Armstrong began his professional basketball career in 1989 being the 18th overall pick by the Chicago Bulls. He played eleven NBA seasons for four teams and won three NBA Championships.

B.J. Armstrong Net Worth
B.J. Armstrong/Image: wjhl.com

This 6 ft 2 inches American point guard retired in 2000 playing for his old team — Chicago Bulls. Throughout his NBA career, B.J. Armstrong made a huge amount of fortune. In college basketball, Armstrong played for the University of Iowa. Besides, he became an NBA All-Star in 1994.

How much does B.J. Armstrong make? 

B.J. Armstrong currently makes $150k per year through his position in ESPN and other business ventures.

In the United States, an NBA analyst makes as much as $71,589. Typically, it is 24% lower than the basic salary of an average NBA player. After retirement, getting a job like a sports analyst is a great blessing.

Armstrong retired from professional basketball in 2000. At the time of retirement, B.J. Armstrong played for the Chicago Bulls. Previously, he played for —

  • Orlando Magic
  • Charlotte Hornets
  • Golden State Warriors

Interestingly, Armstrong initiated his NBA career playing for the Chicago Bulls as well. However, he is now passing busy hours involving him in numerous business events and ESPN.

What is B.J. Armstrong doing now?

After retirement, B.J. Armstrong is now working for ESPN and the executive vice president of basketball operations’. 

From 1989 to 2000, B.J. Armstrong played for four NBA teams. While playing for these teams, he won three NBA championships. However, Armstrong said goodbye to professional basketball in 2000 playing for the Bulls.

Currently, B.J. Armstrong is working for ESPN as their sports analyst. As a sports analyst of ESPN, B.J. Armstrong takes a six-digit salary. Besides, he is working as a special assistant of basketball operations’ executive vice president.   

Talking about the salary of a special assistant of basketball operations executive vice president, he or she makes $79k a year or $28.21 per hour. On the other hand, an executive vice president takes a basic salary of $600k to $900k. A massive amount indeed!

Thus, B.J. Armstrong is making so far so good even after his retirement from basketball.

How did B.J. Armstrong make money?

B.J. Armstrong has accumulated a majority of his multi-million net worth from —

  • NBA Salary
  • Contracts with NBA teams

Besides, Armstrong is making a healthy amount working for ESPN and the executive vice president of basketball operations.

Let’s have a brief discussion on B.J. Armstrong’s NBA salary and contracts he signed with NBA teams —   

B.J. Armstrong’s NBA salary

Former point guard, B.J. Armstrong grossed a total NBA salary of $16,380,000 throughout his eleven years of NBA career. Considering inflation, this NBA salary is worth $27,395,793 today.

In the 1989 NBA draft, B.J. Armstrong became the 18th overall pick by the Chicago Bulls. In that NBA season, he took a base salary of $425k from the Bulls.

Later, Armstrong continued his NBA contract with the Bulls taking an average base salary of $700k. He played five NBA seasons for the Chicago Bulls. Armstrong’s peak NBA salary from the Bulls was $2.8 million that he received in the 1994-95 NBA season.

After playing for the Chicago Bulls, Armstrong signed a new contract with the Golden State Warriors. In the first two NBA seasons with the Warriors, B.J. Armstrong took a basic salary of $2.4 million. Later on, he received a base salary of $2.6 million in the 1997-98 NBA season.

Playing three NBA seasons, Armstrong transferred to the Orlando Magic for a basic salary of $850k. However, he played the 1998-99 NBA season for the Los Angeles Lakers. While playing for the Lakers, Armstrong received $2.8 million. Typically, it was his peak NBA salary.  

At the year of retirement, B.J. Armstrong played for his first NBA team — Chicago Bulls taking a basic salary of $510k.

In a nutshell, B.J. Armstrong’s NBA salary is mentioned below in a tabulated form —

NBA SeasonsSalary
1990-91 (Chicago Bulls)$425k
1991-92 (Chicago Bulls)$435k
1992-93 (Chicago Bulls)$540k
1993-94 (Chicago Bulls)$620k
1994-95 (Chicago Bulls)$2.8 million
1995-96 (Golden State Warriors)$2.4 million
1996-97 (Golden State Warriors)$2.4 million
1997-98 (Golden State Warriors)$2.6 million
1998-99 (Orlando Magic)$850k
1998-99 (Los Angeles Lakers)$2.8 million
1999-00 (Chicago Bulls)  $510k

Thus, throughout his eleven NBA seasons, B.J. Armstrong accumulated a total of $16.38 million.

B.J. Armstrong NBA Contracts

B.J. Armstrong’s latest NBA contract with the Chicago Bulls was worth $510k.

After the 1989 NBA draft, B.J. Armstrong signed a five years contract with the Chicago Bulls for $2.02 million. This NBA contract included an average salary of $404k.

After his NBA contract with the Chicago Bulls, B.J. Armstrong signed another contract with the Golden State Warriors. This three years contract was worth $6.4 million. It’s a better one than the Chicago Bulls. He signed this contract including an average base salary of $2.4 million.

However, at the end of his basketball career, B.J. Armstrong didn’t sign any major contracts. In the last three NBA seasons, B.J. Armstrong played for Los Angeles Lakers, Orlando Magic, and Chicago Bulls.

B.J. Armstrong: At a Glance

Full NameBenjamin Roy Armstrong Jr.
GenderMale
Date of Birth9 September 1967
Birth PlaceDetroit, Michigan, United States
Listed Height6 ft 2 inches (1.88 m)
Listed Weight84 kg (185 lb)
Playing Career1989 – 2000  
Playing PositionPoint Guard
SpouseJennifer Armstrong
ChildrenN/A
ProfessionFormer Basketball Player, ESPN Analyst
NationalityAmerican
Net Worth$10 million

Sources

  • https://www.glassdoor.com/Salary/ESPN-Analyst-Salaries-E13401_D_KO5,12.htm#:~:text=ESPN%20Salary%20FAQs&text=The%20average%20salary%20for%20an,per%20year%20for%20this%20job. — ESPN Sports Analyst salary.
  • https://www.comparably.com/salaries/salaries-for-executive-vice-president-operations — Executive vice president of basketball operations’ salary.
  • https://www.zippia.com/assistant-to-executive-vice-president-jobs/salary/ — Assistant to an executive vice president salary. 
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