Phil Jackson net worth: Phil Jackson is an ex pro basketball player, coach, and executive with an estimated net worth of $75 million dollars.
Jackson played professionally for the New York Knicks from 1967 to 1978, then with the New Jersey Nets from 1978 to 1980. And while he was decent as a basketball player, most of his fame and wealth came from coaching. First, for the Chicago Bulls, from 1989 to 1998; then, for the Los Angeles Lakers, from 1999 to 2004 and 2005 to 2011. As a head coach, Phil Jackson won 11 NBA championships, was named NBA coach of the year in 1996, and is widely considered one of the top five coaches in NBA history. Most recently, from 2015 to 2017, Jackson served as president of the Knicks before being let go.
Jackson earned roughly $1 million per year coaching the Bulls, $10 million per year coaching the Lakers, and $12 million per year as an executive for the Knicks.
Nicknamed “Zen Master,” Jackson infused meditation, Eastern philosophy, and even Native American parables into his quirky coaching strategy. Which was weird, but it worked wonders in getting superstars like Michael Jordan, Kobe Bryant, and Shaq to play as a team. (Well, enough to win championships, anyways.)
The number one net worth lesson from Phil Jackson is this: hit the books. Reading was clearly a big factor in Jackson’s success as a coach. And he passed that onto his team. In fact, Phil would handpick books for each of his players to read on long road trips.
He had Kobe reading Captain Corelli’s Mandolin for crying out loud. So what’s your excuse? If you want to be a millionaire, the least you could do is pick up a book on marketing.