Ed Peterson Net Worth 2018: What is this basketball player worth?

Ed Peterson was a professional basketball player who played Center as number 50, 13, 20. Peterson died on March 20, 1984, in Syracuse, New York. Peterson was born on June 27, 1924. Peterson’s height was 6 ft 9 in. Peterson’s weight was 220 pounds. This article takes a deep dive into Ed Peterson’s net worth.

Ed Peterson Career and Earnings/Salary

Peterson played basketball in college with Cornell Big Red men’s basketball (1945-1948) and started playing professionally in 1948. In the 1948 draft, Peterson was chosen number — in round — by the New York Knicks. Peterson left the game of basketball in 1951.

Peterson played for the Syracuse Nationals during 1948-1950-51 NBA season as well as the Tri-Cities Blackhawks in 1950-1951.

Peterson set a career record of 804 (7.0 pg) points, 288 (0.9 rpg) rebounds, and 99 (0.4 apg) assists.

Ed Peterson Net Worth 2018

Basketball yearly earnings range between $20,000 and millions of dollars per year, depending on a number of statistics. Although most professional NBA players make a salary of about $2 million, a small contingent of players with D-league crossover deals receive as little as $50,000. The salary cap for NBA players is approximately $100 million, although as of today no player earns anywhere near that much money. The top players in the league earn nearly $35 million. Outside of the National Basketball Association, salaries can be as low as $20,000 annually for minor league teams.