Rasheed Wallace Net Worth

Rasheed Wallace Net Worth 2023: Wiki Biography, Married, Family, Measurements, Height, Salary, Relationships

Rasheed Abdul “Sheed” Wallace net worth is
$75 Million

Rasheed Abdul “Sheed” Wallace Wiki Biography

Rasheed Abdul “Sheed” Wallace was born on 17 September 1974, in Philadelphia, Pennsylvania USA, and is a former professional basketball player in the NBA, whose career spanned 1995 to 2013 when he finally retired.

So just how rich is Rasheed Wallace? According to sources, Rasheed’s net worth is estimated to be over $75 million as of mid-2016, with the main source of  Wallace’s wealth and income being his career as a basketball player.


Rasheed Wallace Net Worth $75  Million

Rasheed Wallace attended Simon Gratz High School, and while studying there, he was selected as a High School Player of the Year due to his exceptionally well-played games. Wallace’s talent gained him a place in the All-America first team, which helped him jump-start his futureprofessional career. Wallace’s performances on court in high school attracted the attention of one of the best head coaches of college basketball Dean Smith, who recruited him to North Carolina College, where Rasheed  met with future professional basketball player Jerry Stackhouse with whom he led “Tar Heel” team to their NCAA Final Four.

In 1995, Rasheed Wallace decided to focus on his professional basketball career, and hence entered the NBA Draft, where he was picked by the Washington Bullets. He played one season and a total of 65 games with the Washington Bullets, but after suffering an injury did not return the next year. Still, his net worth was rising.

Wallace was then traded to the Portland Trail Blazers and stayed with the team until 2004. Around the same time, Wallace created his “Rasheed Wallace Foundation” and began interacting more with the public. Wallace managed to prove himself a talented player, yet he also became notorious for having committed the most technical fouls during a season. In addition to breaking his own record of forty technical fouls, Rasheed Wallace was suspended for seven games due to his aggressive attitude towards one of the referees, and showed himself to be more of a liability to the team than an asset. In 2004, he was traded to Atlanta Hawks, but after only playing one game, he was traded again; this time he joined Detroit Pistons.

Wallace was a significant factor in helping the Pistons win the NBA title in 2004. Seeing Wallace’s contributions to the team, the board decided to offer Wallace a $57 million deal to stay with the team, which Rasheed Wallace accepted. This impressive contract significantly boosted Rasheed Wallace’s net worth.

In 2009, Wallace signed a deal obliging him to play for the Boston Celtics for three years, yet he was released from it when he announced his retirement from the NBA in 2010. After a two year hiatus, Wallace returned to play for the New York Knicks, but unfortunately suffered a leg injury and was forced to announce his second retirement in 2013.

Rasheed Wallace played a total of sixteen seasons in the NBA, and was chosen to play for the NBA All-Star team in 2006 and 2008, and currently holds the record for the most technical fouls received in the NBA history – he has been the recipient of over three hundred technical fouls during his career.

After retiring, Rasheed was hired as an assistant coach by the Pistons, but his contract wasn’t renewed after the 2014-15 season.

In his personal life, Rasheed married Fatima in 1998, and they have four children. He is a committed Muslim.

Full NameRasheed Wallace
Net Worth$75 Million
Date Of BirthSeptember 17, 1974
Place Of BirthPhiladelphia, Pennsylvania, United States
Height2.13 m
Weight104 kg
ProfessionFormer Professional Basketball player
EducationSimon Gratz High School, North Carolina College
SpouseFatima Sanders (m. 1998)
ChildrenMalik Wallace, Ishmiel Wallace, Rashaya Wallace, Nazir Wallace
ParentsSam Tabb, Jackie Wallace
SiblingsMuhammad Wallace, Malcolm Wallace
AwardsNBA champion (2004), NBA All-Star (2000, 2001, 2006, 2008), NBA All-Rookie Second Team (1996), Consensus second-team All-American (1995)
NominationsMr. Basketball USA (1993), USA Today's High School Player of the Year (1993)
1Always wears a headband
1(February 9) Traded to the Atlanta Hawks with Wesley Person for Shareef Abdur-Rahim, Theo Ratliff and Dan Dickau. [2004]
2Playing for The Detroit Pistons, while living in Rochester Hills, Michigan. [December 2006]
3lives on a gated street in lavish Rochester Hills, Michigan [April 2006]
4(February 19) The Atlanta Hawks trade Wallace to the Detroit Pistons for center Zeljko Rebraca, guard Bob Sura, and a first-round draft pick. Wallace played just one game for Atlanta. [2004]
5Won an NBA title with the Detroit Pistons in 2003-04
6Called for an NBA-record 41 technical fouls in the 2000-2001 season.
7Selected in the 1st round, 4th overall, by the Washington Bullets in the 1995 NBA Draft.
8Children: He and his wife Fatima are raising four children: two they had together and two from previous relationships. Their names are Malik, Ishmiel, Nazir, and Rashaya.
9Suspended one game by the Trailbrazers during the 2000-2001 season for throwing a towel in the face of teammate Arvydis Sabonis.
10Has led the league in technical fouls for the past two seasons.
11Attended North Carolina University and Simon Gratz High School.


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2001 NBA All-Star Game2001TV MovieHimself
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2000 NBA All-Star Game2000TV MovieHimself
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Archive Footage

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IMDB Wikipedia

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