@media(min-width:0px){#div-gpt-ad-hoopsaddict_com-leader-2-0-asloaded{max-width:300px!important;max-height:250px!important;}}if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'hoopsaddict_com-leader-2','ezslot_7',167,'0','0'])};__ez_fad_position('div-gpt-ad-hoopsaddict_com-leader-2-0'); So, in summary, what companies do Shaq own? But the next three seasons became Shaqs coming-out party in the postseason. Shaq followed these philosophies and credited them for growing his net worth fourfold! Hoops Addict was created to help basketball fans of all ages learn more about the sport and find the best basketball gear to improve their ability to hoop. Shaq has protected and grown this nest egg shrewdly. Shaqs basketball career began in 1992 after getting drafted first overall by the Orlando Magic straight out of LSU. Hes heavily involved in the franchise community and has spoken at the International Franchise Association. Mr. O'Neal has a firm business philosophy. Ill let him explain. How Many Businesses Does Shaq Own? Offers may be subject to change without notice. Taking a closer look at companies owned by NBA legend. Bezos, according to ONeal, only invests in businesses that will change peoples lives and says he follows that blueprint. Please read my disclosure policy). Thats not only because of his impressive basketball resume; he also has this bigger-than-life quirky personality. Which NBA Players Scored the Most Points in a Single Game? They were defeated in the second round by the Spurs in 2003 but went back to their championship form in 2004 before falling to the Pistons in 5 games. Your login session has expired. His business portfolio is nothing less than the work of a financial genius. While emulating Bezos was truly brilliant, Shaq also incorporated his own style into his ventures. What are his future plans? "I don't like to seem like I'm bragging, but I'm going to ask you a question. > What Do NBA Players Do After They Retire? Shaq Franchises: A List of the NBA Star's $100M+ Portfolio He is presently involved in several food franchises like Krispy Kreme, Papa John's, and Auntie Anne's Pretzels. Small Business Funding and Investing Marketplace Behind the scenes, we're building a platform that helps small businesses access funding to scale , whether debt, equity, or an exit, by matching them with investors, lenders, and buyers looking for new companies to invest in, lend to, or purchase. Why? Manage Settings Authentic was awarded Company of the Year at the annual FN Achievement Awards in New York in 2021. How many businesses does Shaq own exactly? Shaquille O'Neal is a former professional basketball player and one of the most successful and recognizable athletes in the world. ONeal has investments with Apple and Google, which is odd because the two are rivals in the technology space. > What Do NBA Players Do After They Retire? In addition he hauled in another estimated $220 million from endorsement deals and investments during his time pumelling fools in the paint. With that being said, there are ex-professional athletes who make a bit of a splash after they retire, then fade into the background. Apart from the restaurant chains, car washes, shopping centers, nightclubs, and clothing companies, Shaq was also heavily involved in other ones. ; Shaq Fu Radio: This online radio station was launched by Shaq in 2014.; The General Insurance: Shaq is the spokesperson for The General, an auto insurance company. Me! He went on to explain. He was introduced to Google before it went public in 2004 and said his only regret is not buying more of Googles stocks. Im happy to tell you that it has. During his time as a professional athlete, O'Neal . An example of data being processed may be a unique identifier stored in a cookie. People often wonder what companies Shaq own, and the list leaves them astonished. He made only 1 three-pointer in 19 NBA years. Were going to build this company together. And thats how he became the second-largest shareholder of ABG.. ONeal studied directing and cinematography and directed one episode of Nickelodeons Cousin Skeeter. However, how many businesses does Shaq own? He was supposed to star in an advertisement for headphones, tomorrow to praise a miracle cure, the day after tomorrow to participate in the presentation of costumes, jewelry and sneakers of his own brand. The 40 fitness centers that Shaq purchased are one of his more low-key franchise investments. Shaq won Player of the Week during his first week in the NBA. Does Shaq Own Reebok, JCPenney, Forever 21, and Barneys New York The fact of the Penny Hardaway was one of the most recognizable faces in the NBA in the early to mid-90s. How Many Restaurants Does Shaq Own? My real business is I own 50 brands, so, when I was retiring, Im looking around, Im like How does Michael Jackson and all these guys live forever? (meaning in the public domain) So, one of the chapters in the book, joint venture-ship. The former NBA star Shaquille ONeal stands 7 feet and 1 inch tall. From the looks of things, hes not stopping anytime soon, judging from the sheer number of businesses he owns. 633 LANDER DRIVE, CLEVELAND, OHIO 44143. 3. ONeal also became quite a franchisee himself. Unsurprisingly, ONeal was named Rookie of the Year in 1993 and made history by becoming only the second rookie starter in the All-Star game. What Companies Does Shaq Own? | Hoops Addict Shaquille O'Neal Owns 155 Five Guys Restaurants, 40 Fitness Centers, And 1 Movie Theater Among Other Businesses. Shaq reportedly made $292 million over his 19-season career in the NBA and now his current net worth sits at about $400 million. Within three years, it was announced that ONeal would receive $8.5 million. Following that mantra, Shaq went on to become the unofficial franchise king in the restaurant world, among others. Here's a partial list of former NBA star Shaquille O'Neal's franchise ventures: Papa John's Auntie Annie's Car Washes NBA players are all "famous" by usual standards, but Shaq is anything but ordinary. How Many Businesses Does Shaq Own - Nohockeylockout As exciting as that is, the NBA and their respective teams would have never allowed that to happen. The new company had a value of $3billion after the merger. Comment Shaquille O'Neal during the NBA Abu Dhabi Games 2022 Apart from being an LA Lakers and Phoenix Suns legend, Shaquille O'Neal is also a businessman and philanthropist. After that, he was disgusted by the smell of alcohol and never drank again. As former Laker teammate Kobe Bryant would say, he was dominant and vindictive and wouldnt hesitate to break a rib or a backboard if need be. We dont know much except for the number. I bet they're BIG ( like Shaq's net worth ). He was considered as the 12th guy of the original Dream Team, but Christian Laettners college success got him the gig. The Lakers teams headlined by ONeal went to three straight NBA Finals in 2000-02 and won them all. How many Big Chicken franchises are you planning on awarding. Shaquille O'Neal Owns 155 Five Guys Restaurants, 40 Fitness Centers He overslept in his condo and woke up with the tragic news of his friends passing. ONeal created the Shaquille ONeal Foundation in 2019 to create pathways for underserved youth to achieve their full potential.. How Many Five Guys Does Shaq Own? - Kitsune Restaurant It's also worth noting that Shaq is a hugely successful DJ, regularly performing at internationally-recognized festivals such as Tomorrowland under the moniker DJ Diesel. An owner of several restaurant franchises, this is Shaqs first venture from scratch. This website uses affiliate programs for monetization, which means when you click on links on this site-including links and/or contact forms contained in Sponsored Posts that go to various websites and make a purchase, it may result in a commission that is credited here. People may receive compensation for some links to products and services on this website. According to Suns teammate Grant Hill, he once choked Gordan Giricek in the locker room for something so trivial. He also has several Las Vegas nightclubs, a cinema, and a strip mall in his portfolio. Shaq owns part of The General, Gold Bond, Icy Hot, Buick, Marilyn Monroe, Elvis Presley, Forever 21, JCPenney, Auntie Annie's Pretzels. It didnt take long for the rest of the world to see what he was all about. Be the first one to comment on this story. Anne's beginnings date from 1988 as a family business dedicated to freshly baked pretzels. The studios currently consist of four labels, including O'Neal's Jersey Legends, which recently produced SHAQ, a a four part HBO docuseries. The athlete owns 17 Auntie Anne's Pretzels restaurants across the USA. I met with a lot of companies, but when I met with Jamie and his family, I knew that this was the right place to be.. But the former athlete is also an avid businessman, working behind the scenes on some of the biggest deals in retail. Why is Shaq So Famous? Who owns Forever 21? What businesses does Shaq own? You'll also receive my free VIP Franchise Newsletter + more, 3 Home-Based Businesses With Serious Six-Figure Income Possibilities, Floridas Yoga Franchises Flee The State As DeSantis Declares War on Yoga Pants, 78+ Testimonials About The Franchise King, Five Guys Burgers and Fries franchises (. Shaquille O'Neal's Long List of Business Investments - Front Office Sports He chooses sponsors and investments very carefully. In short, aside from his outstanding playing career, he always made sure he grew his own brand and that people remembered him. Now more and more players are taking the path of creating and developing their own brands. Shaquille 0Neals net worth is reportedly $400 million and growing. Some may catch you by surprise because they are entirely out of his comfort zone. That is a whole lot of basketball player. Hoops Addict was created to help basketball fans of all ages learn more about the sport and find the best basketball gear to improve their ability to hoop. According to recent estimates, Shaquille ONeals net worth is upwards of $400 million. Many are familiar with Shaq's commercial dealings outside of basketball think The General, Gold Bond, Icy Hot, and Buick but the star took the interview as a chance to shout out the other notable businesses he's currently invested in that made him as rich as he is today. Shaq is an active businessman and investor in several top U.S. corporations such as Apple, General Electric, and PepsiCo. Clearly, Shaquille ONeal doesnt lack business sense. Shaquille ONeal also joined the company as a board member and investor, investing $840,000 in nine restaurants across the state of Atlanta. That was 10% of their company at the time. Shaq owns 150 car washes, 40 24-hour fitness centers, a shopping center, a movie theater, and several Las Vegas nightclubs. Before I get into Shaquille ONeals brands and franchise ventures, including the list of businesses Shaq owns, heres a little information about Shaq. He was a total prankster, once running naked onto the practice floor with the Lakers. Shaqs investment portfolio is extensive and diverse and holds 50 different businesses. Now at 50 years old, Shaq's net worth is estimated to be at a whopping $400 million. 9. All in all, Shaq owns 50 brands and does not plan on stopping there. The Diesel eventually sold his share of the fast-casual franchise; Five Guys Burgers restaurants certainly have made him a rich man. What happens to an NBA contract when a player retires? He also works as a DJ under the name DJ Diesel, is a minority owner in the NBA's Sacremento Kings, works as a presenter for TNT and in early 2021 launched an Agency named . In addition, as an Amazon Associate, I earn from qualifying purchases. He has been a huge basketball fan for decades, watching thousands of basketball games through the years to learn the ins and outs of the game. Six years later, these bets seemed to have paid off. All Rights Reserved. He was forced to sell his stake after accepting a deal with Wynnbett. What Companies Does Shaq Own? Lots, Apparently - HOOPSBEAST It is said that he is taking an active role in the new business. Like everyone, Shaq would later claim that his only regret was that he wished he would have bought more shares. Shaq has remained continuously visible even after officially retiring from basketball. He also holds several franchises with popular restaurant chains. The backboard materials and the stanchion were changed because he kept breaking them, he changed how zone defenses were played, and the rule on fouling anyone without the ball inside the last two minutes of play. While a full list is not available, Shaquille ONeals portfolio looks to be highly diverse. ONeal also noted that his net worth quadrupled ever since he kept the wise words of the Amazon CEO. He remained closely involved with basketball by doing TV work on the NBA on TNT, but his ventures outside of the court made him one of the most influential people today. Most agencies still struggle to meet a 25% diversity target, we want to flip that diversity ratio to turn the minority into the majority.. Heres a great interview of Shaq, in which he discusses the many franchise businesses and restaurants he owns (including 150 car washes), and his entrepreneurial philosophy, courtesy of The Wall Street Journal: Lets talk about Shaquille ONeals brandshis franchises, including the companies hes involved with.Heres a list of his businesses: In most cases, Shaquille ONeal owns multiple units of these franchises. In one of his recent tweets, Shaq revealed he has now acquired some of the most popular retail brands in the market. 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Shaqs smartest move is ensuring hes in demand just as much as the endorsements and money that come with his support. According to NBC Sports, some of the other businesses Shaq claims at least partial ownership over include 155 Five Guys Burgers restaurants, 17 Auntie Annie's Pretzels restaurants, 150 car washes, 40 24-hour fitness centers, a shopping center, a movie theater, and several Las Vegas nightclubs. Lets talk about Shaqs brandsand Shaq, the brand. He. Shaq is the ultimate renaissance man.. He also appears as an endorser to around 50 other companies. Shaq owns part of The General, Gold Bond, Icy Hot, Buick, Marilyn Monroe, Elvis Presley, Forever 21, JCPenney, Auntie Annies Pretzels. If you own as many businesses and companies as Mr. ONeal does, you can be sure that that number is only growing. That reveals a careful side of him. O'Neal attends Shaq's Fun House Big Game Weekend at Talking Stick Resort on 10 February 2023 in Scottsdale, Arizona. As of 2021, Shaq's net worth is somewhere around $400 million, per NBC Sports. Additionally, he owns 150 car washes, 40 24-hour fitness facilities, Big Chicken, a shopping mall, a movie cinema, and numerous nightclubs in Las Vegas. You would like his business strategy because hes never afraid of anything, unless, of course, he doesnt like the product or could not understand it. What other businesses and restaurants does he own and invest in? Some of the franchises Shaquille owns include Papa John's, Auntie Annie's, Five Guys, 24-hour Fitness Centers, Car Washes, and Krispy Kreme. Other notable investments of Shaq include Beachbody, Forever 21, JC Penney, Elvis Presley, Reebok, NRG eSports, and Pepsi. He played for various teams and commanded a whopping $30 million annually for his prowess on the court. After all, he turned down a deal with Starbucks since he felt black people couldnt relate to it. Shaquille ONeal has amassed a massive reported net worth of over $400 million. According to NBC Sports, Shaq is worth an estimated $400 million and is the joint owner of several Auntie Annie's Pretzels restaurants, over 100 car washes, and 40 24-hour fitness centers. Big Chicken2. How Many Businesses Does Shaq Own? - Ballers Guild So, how rich is Shaq, really? He almost always stayed true to himself and stayed within his comfort zone. When Shaq retired from the NBA he had earnt over $292 million in salary alone. It includes 155 Five Guys Burgers franchises, 40 24-Hour Fitness franchises, 17 Auntie Annie's Pretzels franchises, 150 car washes, several nightclubs in Las Vegas, a shopping center, a movie theater, and his own restaurant, Shaquille, apart from owning the Big Chicken restaurant chain. Shaq also owns Big Chicken fast food in Las Vegas, several cafeterias of the Krispy Kreme franchise in Atlanta and his own restaurant Shaquille. And as an added (important) bonus, Shaquille studied business at LSU. Im excited to join @PapaJohns as a member of the Board of Directors and investor in 9 stores in #Atlanta. 5. The 10 Best Running Shoes for Plantar Fasciitis, According to Experts, Report: Gap Inc. 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In fact, the gentle giant has quadrupled his net worth in 10 years. He owns 155 Five Guys Restaurants franchises, 17 Auntie Annies Pretzels, and many more. As sprawling as Shaqs success is as a player, he probably did more as a businessman. Shaq owns 150 car washes or so, which is why he has a lot to say about them as investments. Despite making his presence felt, the Magic did not make the playoffs in his first year. First and foremost, he was a great basketball player. Did anyone really expect that was the last of Shaq? How Many Businesses Does Shaq Own? | Hoops Addict I dont believe that ABG would be where we are today without Shaq, and I dont believe that Shaquille ONeal would be where it is today without ABG. But has doing so helped Shaqs net worth? I want you to sign it. So, how many franchises does Shaq own? And that growing part may have to do with the fact that the former basketball player also owns a shopping center, a movie theater, and several Las Vegas nightclubs. The basketball player granted the company the right and license to use his name, pseudonym, voice and photographs for promotion in any advertising campaigns in exchange for an amount of $8.5 million (he wished to receive half of it in cash). He was forced to retire in 2011. Finally, would you like some smart financial advice from Shaquille ONeal-who took business classes at LSU? before the tech giant went public. After finishing his career as a professional athlete, Shaquille ONeal created a business empire, earning money from original projects. 1. "I called the three companies that helped people live forever, and they bought my brand for a lot of money. 15. According to his interview in 2021 with Earn Your Leisure, his businesses are doing quite well despite the . According to his estimate, he is worth $400 million and growing every minute. The other dude? So far, he has 10 locations that are receiving great reviews. Shaquille ONeal once roamed and dominated the NBA courts, but since hanging up his sneakers, he has been asserting his control in the business side of things, too. Thats why when talking in-depth about the league, the topic centered around contracts always comes up. We will have a deeper look at Shaqs business activities and what he primarily does. He would not win a title until 2000, but his dominant ways continued after signing with the Lakers in 1997. What is the Size of a Basketball Court for the NBA? If youre wondering how Shaq figures out the best investments for him or not, he took a page from the books of Jeff Bezos and Warren Buffett. There arent too many current or former NBA players that big. This site is a participant in the Impact Affiliate Platform which is an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Fanatics.com . Can you think of any? How many Papa John's does Shaq own 2. That marketing strategy eventually came in handy with his business ventures after retirement. Aside from the franchises of companies mentioned before, Shaq is actually involved in, Papa Johns (franchise owner and a member of the Board of Directors), Krispy Kreme (franchise owner in Atlanta), The Big Chicken (founder and largest shareholder). The player has ensured he is never out of sight for too long to be forgotten. How many businesses does Shaq own? Aside from the franchises of companies mentioned before, Shaq is actually involved in dozens of other companies. Check out other NBA players who ventured into entrepreneurship here. And most importantly, who are they? And the example of his activities, which hit the cover of the business magazine Bloomberg Businessweek, serves as a kind of guidebook for them, which was not there before. Shaq also shows he cherishes authenticity, as he only invests in products he consumes when it comes to food investment. Small Business Financing and Investing Marketplace However in a recent interview with Earn Your Leisure he elaborated on what his strategy is and how he has amassed so much wealth. Or he may just continue to be a fun-loving guy whos always synonymous with fun-loving brands and products. Now its great that Shaq owns a lot of franchises and other businesses. There he won his fourth and final championship. Notice how this new investment aligns with fitness. Me!" So it really is something super special.. Being that Im partners with [Jamie] the brand master and reviver, the guy who works magic I told him, I think you should get Reebok, ONeal told FN. The studios currently consist of four labels, includingONeals Jersey Legends, which recently produced SHAQ, a a four part HBO docuseries. So, which brands does Shaquille O'Neal own right now? - The SportsRush These brands include some in the tech space, others in fitness and lifestyle niches. Hoops Addict is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. In his own reality TV show Shaq Life, ONeal revealed that he owned around 50 brands, a number which is expected to have risen over the years. He then parlayed his unforgettable image as a professional athlete into another career being Shaq. Please logout and login again. Shaquille ONeal is one of the biggest names in professional sports not only by size but by reputation. He is estimated to earn around $70million a year, and growing as of 2023. Meanwhile, The Richest values Shaq net worth at $450 million as of 2022, and Wealthy Gorilla estimates it to be $500 million as of 2022. I had a good life. But why is the franchise industry so focused on getting ex-professional athletes involved in franchises like Five Guys Restaurants and Papa Johns?For the answer, please take a couple of minutes to read this snarky article. 7. Then you may alsolike our other basketball FAQ articles here. 15 Interesting Facts About Shaquille ONeal. And because of that, Shaqs net worth has increased. When his endeavors took him out of that zone, he said he should feel a personal connection with the product to start investing. Despite leading a luxurious lifestyle with mansions in Atlanta and Las Vegas, the LA Lakers legend is known for his generosity towards others in his community, particularly children. In ensuring he was a majority stake holder in the company, he guarenteed that he would remain in control of his image rights. When ONeal called it quits in 2011, his ventures outside of basketball grew bigger and bigger until he practically had a business empire of his own. In 2019 Shaq joined the company as a board member and investor. Wrapping Things Up: What Companies Does Shaq Own? Note: Shaq took franchise fitness brand Beachbody public in a merger worth $3 billion (hes an advisor). In October, 2021 Shaq spoke at the conference and answered the question of how he motivates his children to work hard. Because of his extensive portfolio, its not even about the question, How many businesses does Shaq own? The real mystery is what would Shaq get into next. Read on and find out more about Mr. ONeal, his net worth, and the companies he owns. If you found this helpful, help us out by sharing this post! Hes 7 feet 1 inches tall and weighs around 325 pounds. He has stakes in restaurants, car washes, and fitness equipment. As Salter previously explained in an interview with FN in Authentics New York offices in 2021, moments before ONeal closed the deal to sign away half of his brand proceeds to Authentic, he turned to Salter with an idea. 1. How many businesses does Shaq own? (2023) - investguiding.com His celebrity is larger than life, and it's not just because of his height. FN and Footwear News are registered trademarks of Fairchild Publishing, LLC. [ONeal] says, You know all that money youre going to give me? Through diversification, Shaq has grown his fortune, proving the strength of his business skills. We are using cookies to give you the best experience on our website. His commercials for dozens of companies make him one of the most recognizable celebrities on TV. Shaq will invest in anything that seems lucrative, so long as it is a product he owns and uses or that can genuinely improve the quality of life for people. Shaquille ONeal Wants To Buy An NBA FranchiseAccording to reports, Shaq is ready to buy the Orlando Magic basketball franchise. While the exact value of all the franchises is unknown, it is a safe bet that the value is well over half his worth.