Karl Malone

Karl Malone, one of the most popular NBA players during the ‘90s has accrued a net worth of a staggering $85 million. Karl was the second-best player during his era, after G.O.A.T, Michael Jordan. He gave his service to NBA for 19 years.

A Brief Bio about Karl Malone

Karl Malone was born on the 24^th of July 1663 in Summerfield, Louisiana. His father’s name was Shedrick Hay and his mother was Shirley Malone.

However, his father Shedrick deserted nine siblings and his wife Shirley to marry another woman before Karl was just even three years old.

As a result, Karl had to step up and help his mother by chopping trees, hunting, and fishing from very early on to feed the family.

Following his loud early years, the former LA lakers power forward attended Summerfield High School, where he led his team to win three consecutive Louisiana Class C titles.

As a result, many Universities were interested in Malone’s Services, but he ended up joining Louisiana Tech University and graduated from there. Unfortunately, Karl had to wait a year to make his debut for the team as his grades were too low.

Furthermore, with Malone’s impressive performance, Louisiana Tech advanced for the first time in their history to the NCAA tournament.

NBA Career and Achievements

Malone’s NBA career started when Utah Jazz selected Karl as the 13^th overall pick in 1985. After that, Karl stayed with the Jazz for 18 years, which is unheard of in today’s NBA due to a lack of loyalty in both franchises and players.

Meanwhile, Karl led his team to two NBA finals in 1997 and 1998. Unfortunately, the Jazz lost both those finals to Chicago Bulls led by G.O.A.T Michael Jordan.

Although Malone could never win a team award, he compensates for it with his extraordinary haul of personal achievements listed below:

1997, 1999 NBA Most Valuable Player

14-times NBA All-Star (1988-1998, 2000-2002)

11 times All-NBA First team (1989-1999)

Two time All-NBA Second team (1988, 2000)

Three times NBA All-Defensive First Team (1997-1999)

1986 NBA All-Rookie First Team

No.32 retired by Utah Jazz

NBA’s 50th Anniversary All-Time Team

1983 Southland Player of the Year

No.32 retired by Louisiana Tech

Karl’s NBA contracts and salary

Karl’s nearly two decades of service in the NBA resulted in his massive eye-watering net worth of $85 million.

Over the course, the Mailman has earned over $105 million in salaries alone. However, NBA players need to pay taxes ranging from 45-to 50% of their payroll.

Karl won the NBA MVP award twice during the years 1997 and 1999. As a result, Malone was regularly one of the highest-paid players of his era.

Furthermore, the 14-time All-Star, Karl Malone’s earnings during each year in his near two-decade stay in NBA are listed below:

1985 Earnings: $225,000

1986 Earnings: $550,000

1987 Earnings: $835,000

1988 Earnings: $1.35 million

1989 Earnings: $2.26 million

1990 Earnings: $2.26 million

1991 Earnings: $2.5 million

1992 Earnings: $2.8 million

1993 Earnings: $3.0 million

1994 Earnings: $3.3 million

1995 Earnings: $3.6 million

1996 Earnings: $4.6 million

1997 Earnings: $5.1 million

1998 Earnings: $6.1 million

1999 Earnings: $7.2 million

2000 Earnings: $14 million

2001 Earnings: $15 million

2002 Earnings: $17.5 million

2003 Earnings: $19.2 million

2004 Earnings: $1.5 million

Karl Malone’s Charity work

Karl runs the Karl Malone Foundation, which supports kids and their families financially. As a result, he donated supplies worth $200,000 to Navajo Indians.

Also, Malone was honored with the Henry B. Lba Award in 1998 which is given to the athletes who’ve gone out of their way to aid people in need.

Similarly, Karl also donated his wealth to a political cause. He donated $6,000 to the re-election campaign of President George W. But along with $2,000 to the 2004 U.S Senate campaign of Lisa Murkowski.

He has also raised his voice for farmers of Louisiana as Pilgrim’s Pride closed its plants. If not so, the farmers would have been without jobs.

His Wife and Family

Karl is currently married to 1988 Miss Idaho, Kay Kinsey. They got married on the 24^th of December 1990 in a lavish wedding.

Furthermore, the couple has been blessed with four lovely kids, three daughters Kadee Malone, Kylee Malone, Karlee Malone, and a son Karl Junior. But, that’s not the end, as the 14-time All-Star begat further three children with two women.

At first, Karl had a set of twins with Bonita Ford, son Daryl Ford, and daughter Cheryl Ford. After that, Malone had another child, Demetress Bell with Gloria Bell. As the matter of fact, Gloria was only 13 years at the time she gave birth to Demetress.

As of now, Malone is a family-oriented guy who loves spending quality time with his wife, Kay, and his children.

Social Media Presence

Surprisingly, Karl Malone has an official Twitter account with just 72.5k followers despite his massive fame in NBA.

 

Quick Facts

Full Name	Karl Anthony Malone
Birth Date	July 24, 1963
Birth Place	Summerfield, Louisiana
Nick Name	Karl Malone
Religion	Christian
Nationality	American
Ethnicity	Mixed
Education	Summerfield High School Louisiana Tech University
Horoscope	Leo
Father’s Name	Shedrick Hay
Mother’s Name	Shirley Malone
Siblings	8
Age	58 years old
Height	6 ft 9 in (2.06 m)
Weight	259 lb (117 kg)
Shoe Size	Not available
Hair Color	Dark Brown
Eye Color	Dark Brown
Body Measurement	Not available
Build	Athletic
Married	Yes
Wife	Kay Kinsey
Kids	Yes (7)
Profession	Basketball Player
Position	Forward
Active Years	1985-2004
Clubs	Utah Jazz, Los Angeles Lakers
Awards	Southland Player of the Year 2× NBA Most Valuable Player 14× NBA All-Star
Net Worth	$85 Million
Social Media	Twitter
Merch	Jersey, Shirt
Last Update	April 2022