Today we discuss danny ferry net worth. Danny Ferry is a retired professional basketball player who played in the National Basketball Association (NBA) from 1990-2003. During his career, he earned more than $50 million in salary and endorsements. In this blog, we’ll look at how Danny Ferry built his net worth and what he’s doing now.
danny ferry net worth:
Early Career & Earnings
Ferry was born on October 17, 1966, in Hyannis, Massachusetts. He attended Duke University and was named Naismith College Player of the Year in 1989 while leading the Blue Devils to the NCAA National Championship game.
After graduating from Duke, Ferry was drafted with the second overall pick by the Los Angeles Clippers in the 1989 NBA Draft. He played for five different teams during his 13-year NBA career before retiring from the league following the 2003 season with career earnings of over $50 million.
Post-Retirement Business Ventures
Following his retirement from basketball, Ferry began working as a commentator for ESPN Radio and as an analyst for Fox Sports South’s coverage of Atlanta Hawks games. In 2012, he became President of Basketball Operations for the San Antonio Spurs where he worked until 2017 when he became General Manager of the Atlanta Hawks. He resigned from that post in 2019 with reported total earnings of $31 million for his six years with the team.
In addition to his work with NBA teams, Ferry has also been involved with private equity firms such as CIC Partners and Lindsay Goldberg LLC since 2004. Through these ventures, he has invested heavily in sports-related businesses such as FanDuel and Bounce Athletics as well as real estate projects throughout Texas and Florida. According to Forbes Magazine, Ferry’s net worth is estimated to be around $100 million dollars today.
Danny Ferry is one of many former professional athletes who have gone on to achieve financial success after their playing careers ended. His success can be attributed to wise investments both on and off the court which have helped him build a sizable net worth over time despite never having been one of the highest earners during his playing days in the NBA.
Despite leaving his post as General Manager of the Atlanta Hawks in 2019, it’s clear that Ferry will continue to find success through wise investments both inside and outside of sports circles going forward thanks to his impressive net worth today estimated at around $100 million dollars according to Forbes Magazine.