A name synonymous with defensive dominance on the basketball court, Eric Montross was able to amass a sizable net worth during his career. But how did the NBA veteran make his money? This article explores his journey – from childhood to his successful business empire. Without any further ado, let’s dive right into it.
From Hoosier Roots to Tar Heel Greatness
Born in Indianapolis, Indiana, Eric Montross learned basketball early. He grew tall over his peers at Lawrence North High School and was a major defensive force. This talent led Montross to join the UNC Tar Heels in 1990. Montross became two-time consensus All-American and a major contributor to UNC’s 1993 NCAA National Championship under Coach Dean Smith.
Estimated Net Worth
Sources vary on exactly how much is Eric Montross’ net worth in 2023 but estimates range from USD 8 million to USD 10 million. This number reflects his NBA earnings, some savvy post-career ventures and perhaps some responsible financial management.
What Made Eric Montross Rich?
Below are some of the factors that have contributed to Eric Montross’ wealth:
NBA Career and Salary
Montross was picked ninth overall by the Boston Celtics in 1994 and played eight years NBA. Not a prolific scorer, his defensive presence and rebounding ability were useful for the Celtics, Mavericks, Nets, 76ers, Pistons and Raptors. Montross amassed USD 33.8 million during his career, according to HoopsHype estimates.
Post-NBA Ventures
Montross entered business after retiring in 2002. He started several businesses leveraging his basketball experience and famous name. Details of those ventures remain largely private, but they included reportedly sports-related investments, real estate holdings and possibly player representation or coaching opportunities.
Smart Financial Management
Montross’ financial management is not disclosed publicly but his success points to sound financial management. He probably invested his earnings wisely, avoided extravagant spending and possibly sought out professional financial advice.
Continuing Influence in Basketball
Montross was very attached to his favorite sport. He was a color commentator for UNC Tar Heels, giving analysis and staying involved in basketball. Having a continued presence in basketball helps keep his brand known.
Legacy beyond Finances
Eric Montross has a story beyond his net worth. He modelled to aspiring athletes how hard work, dedication and a strategic approach to life after sports can pay off. He was a true basketball legend on the court and in business.
Beyond the Wealth: A Glimpse into Eric Montross’ Personal Life
Eric Montross was more than a basketball star. Montross is married to Laura Montross. They got married at UNC in 1994. Together they have a son – Andrew – and a daughter – Sarah. Both children attended UNC – Andrew played basketball and lacrosse for the Tar Heels! Montross was a man family who put quality time for family before schedule. Eric Montross died in December 2023.