Retired professional basketball player Oscar Robertson from the United States has a net worth of $200 thousand dollars.
Born and raised in Charlotte, Tennessee, Oscar Robertson was raised in Indianapolis, Indiana.
Due to his family’s financial constraints, he practiced basketball with tennis balls, rags tied with rubber bands, and a peach basket.
In high school, he was a standout player and played a crucial role in leading Crispus Attucks to a state championship in 1955.
The United States’ first state championship was won by an all-black school, marking a historic moment.
He was given the title of “Mr.”
In 1956, basketball was played in Indiana.
During his time at the University of Cincinnati, he played basketball and broke several records, but at the same time, he was confronted with racist behavior while on the road with the team.
He played for the Cincinnati Royals from 1960 to 1970 and the Milwaukee Bucks from 1970-1974 after graduating.
During his fourteen-year NBA career, he was honored with every significant award, such as Rookie of the Year, NBA Most Valuable Player, and a 1971 NBA Championship.
He was a member of the 1960 Olympic basketball team that won the Gold Medal.
He was the recipient of the first two NCAA Division I Player of the Year Awards ever presented.
The Oscar Robertson Trophy was given a new name in 1998. However, he faced financial challenges and established Orchem, a chemical company, in 1981.
Regrettably, the company went bankrupt in 2012. In July 2018, it was disclosed that Oscar Robertson was owed $200,000 in back taxes and $2.4 million in bank loans.
Consequently, he organized an auction to raise money by selling some of his most valuable basketball memorabilia.
The auction includes his 1971 NBA Championship ring, his Basketball Hall of Fame ring and induction trophy, and all 12 of his NBA All-Star rings.