Clyde Lovellette was a professional basketball player. Lovellette died on March 9, 2016, in North Manchester, Indiana. Lovellette was born on September 7, 1929, in Petersburg, Indiana. Lovellette’s height was 6 ft 9 in. This article takes a deep dive into Clyde Lovellette’s net worth.
Image Credit: UnknownIn high school, Clyde Lovellette played basketball for Garfield (Terre Haute, Indiana). Lovellette played basketball in college with Kansas Jayhawks men’s basketball (1949-1952) and started playing professionally in 1952. In the 1952 draft, Lovellette was chosen number 9 in round 1 by the Minneapolis Lakers. Lovellette left the game of basketball in 1964.
Lovellette played for the Phillips 66ers during 1952-1953 as well as the Minneapolis Lakers in 1953-1956. Later, Lovellette played for the Cincinnati Royals throughout 1957, the St. Louis Hawks over 1958-1961, and the Boston Celtics during 1962-1963. Some of the highlights of Clyde Lovellette’s career included: 3× NBA champion, 4× NBA All-Star, All-NBA Second Team, List of NCAA Men’s Division I Basketball Champions, NCAA Basketball Tournament Most Outstanding Player, Helms Foundation College Basketball Player of the Year, List of NCAA Division I men’s basketball season scoring leaders, 2× Consensus first-team NCAA Men’s Basketball All-Americans, Third-team All-American – Associated Press, Indiana All-Star, Indiana Basketball Hall of Fame, and No. 16 jersey Retired jerseys.
Lovellette set a career record of 11,947 (17.0 ppg) points, 6,663 (9.5 rpg) rebounds, and 1,165 (1.7 apg) assists. Lovellette won a gold medal in the 1952 Summer Olympics in the Basketball at the 1952 Summer Olympics event.
Player salaries vary between a couple thousand dollars and millions of dollars per annum, depending on a number of factors. Although typical NBA players earn a salary of nearly $2 million, a small contingent of players with D-league crossover contracts are paid as little as $50,000. The salary cap for National Basketball Association players is around $100 million, although currently no player brings in anywhere near that amount. The top players in the NBA earn around $35 million. Outside of the NBA, yearly earnings can be as low as $20,000 annually for minor league teams.
So what was basketball player Clyde Lovellette’s net worth at the time of death? Our estimate for Clyde Lovellette’s net worth at death is:
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