Magic Johnson vs Hakeem Olajuwon net worth: NBA veterans’ salaries, contract details, brand endorsements, and more

The former NBA players, Magic Johnson and Hakeem Olajuwon, have played more than 10 seasons in the big league. They have even earned significant money throughout their NBA careers. Hakeem Olajuwon’s net worth is a combination of his salaries, career earnings, contract details, and brand endorsements. Hakeem Olajuwon is among the top 10 wealthiest NBA players, thanks to his successful basketball career.

Magic Johnson, on the other hand, has played for 13 seasons in the big league and boasts a net worth that currently stands in the billions. From their NBA salaries to contract agreements and endorsements, here is everything you need to know about the NBA stars’ net worths and career earnings.

Hakeem Olajuwon’s current net worth, NBA salary caps, contract details, and brand endorsements

The former NBA star Hakeem Olajuwon’s net worth as of 2025 stands at $300 million (per Celebrity Net Worth), and that is huge. Additionally, his career earnings are inclusive of his NBA salaries and contract agreements. His highest salary had been while playing for the Houston Rockets during the 1996-1997 season, which was $9.65 million. In 2001, he signed a 3-year, $13 million contract, thereby leaving the Rockets for the Toronto Raptors.

Hakeem Olajuwon has partnered with several high-profile brands, some of which have been Etonic, Spalding, Uncle Ben’s Rice, Frito-Lays, Taco Bell, and Visa. He has earned a massive wealth from all his endorsements, which has significantly added to his net worth.

Magic Johnson’s current net worth, NBA salary caps, contract details, and brand endorsements

As of 2025, Magic Johnson’s net worth stands at $1.2 billion, which is more than Hakeem Olajuwon's. The NBA veteran has earned significantly from his NBA salaries, ventures, brand endorsements, and contract details. Johnson has approximately earned $40 million as his NBA salary while playing for 13 seasons in the league. His final contract deal was with the Los Angeles Lakers, which was worth $25 million, back in 1984.

The Hall of Famer has partnered with brands like Converse, Pepsi, KFC, Best Buy, Starbucks, Burger King, Sony, and Sodexo, thereby earning $2-$4 million annually. Apart from these, he runs a family foundation known as the “Magic Johnson Foundation”, which was established to spread awareness about AIDS.


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