Bill Walton, an iconic figure in the world of basketball, boasts a net worth of $20 million. This retired professional basketball player and television sportscaster’s journey from an NBA champion to a celebrated commentator is nothing short of remarkable. Walton’s career, marked by both extraordinary highs and debilitating injuries, has left a lasting legacy in the sport.
Early Life and Basketball Beginnings
Born on November 5, 1952, in La Mesa, California, William Theodore Walton III grew up with four siblings. Despite his initial shyness and a stuttering problem, Walton found solace and confidence in sports, particularly basketball. His older brother, Bruce, was instrumental in introducing him to the game. During his high school years, Walton played alongside Bruce, showcasing immense potential despite recurrent injuries.
Walton’s talents earned him a scholarship to UCLA, where he played under legendary coach John Wooden. His college career reached its pinnacle in 1973 during the NCAA Championship game against Memphis State, where Walton scored an astounding 44 points, setting a record that still stands today.
NBA Career and Challenges
The Portland Trail Blazers selected Walton as the number-one overall pick in the 1974 NBA Draft. Despite early setbacks due to chronic foot injuries, Walton’s perseverance paid off in the 1976-77 season. Under coach Jack Ramsay, the Trail Blazers won the NBA Championship, and Walton was named Finals MVP, solidifying his reputation as a top player.
Injuries continued to plague Walton’s career, including a significant foot injury during the 1978 Playoffs. His tenure with the San Diego Clippers was marred by further injuries, but Walton found a resurgence with the Boston Celtics in the mid-80s. As a key player, albeit often coming off the bench, he contributed to the Celtics’ 1986 NBA Championship win. This victory marked the last significant chapter of his playing career.
Transition to Broadcasting
After retiring from professional basketball, Walton successfully transitioned to a career in broadcasting. Overcoming his stuttering problem with the help of broadcaster Marty Glickman, Walton began working for CBS in the early 90s. He later enjoyed a long stint with NBC and became well-known as a color commentator for ESPN.
Walton’s vibrant personality and unique catchphrases made him a favorite among viewers. Despite a temporary departure from ESPN in 2009 due to a back injury that required surgery, he returned to commentating and continued to make significant contributions to sports broadcasting.
Personal Life and Real Estate
Bill Walton’s personal life has seen its share of ups and downs. He was married to Susan Guth from 1979 to 1989, with whom he has four sons, including future NBA player and coach Luke Walton. In 1991, Walton married Lori Matsouka. The couple resides in a beautiful home in San Diego, which they purchased in 2010 for $3.2 million. The property’s value has since appreciated significantly, reflecting their successful life post-NBA.
Health Struggles
Walton’s career and post-playing days have been marked by significant health challenges. His extensive use of painkillers during his playing career led to severe issues, culminating in multiple surgeries. The most notable was an 8-hour spinal fusion surgery in 2009, which involved inserting titanium rods into his back. Despite the successful outcome, Walton faced a lengthy recovery period.
Career Earnings
Throughout his NBA career, Walton earned approximately $3 million in salary, equivalent to about $7.5 million today. His highest-paying season was 1984-85, where he earned $1.35 million with the Clippers. With the Boston Celtics, he earned $425,000 per season during his final three years in the league.
Legacy and Contributions
Bill Walton’s journey from a promising young player at UCLA to an NBA champion and respected broadcaster exemplifies resilience and versatility. His impact on the sport, both on and off the court, remains significant. Walton’s memoir, “Back from the Dead: Searching for the Sound, Shining the Light, and Throwing it Down,” became a New York Times bestseller, offering an in-depth look at his life and career.
Walton’s story is a testament to overcoming adversity and making lasting contributions to the sport he loves. His legacy continues to inspire future generations of basketball players and fans alike.