Herm Schaefer Net Worth 2018: What is this basketball player worth?

Herm Schaefer was a professional basketball player who played Guard / Forward as number 32, 7, 24, 10. Schaefer’s weight was 175 pounds. Schaefer’s height was 6 ft 0 in. Schaefer died on March 21, 1980. Schaefer was born on December 20, 1918, in Fort Wayne, Indiana. This article takes a deep dive into Herm Schaefer’s net worth.

Herm Schaefer Career and Earnings/Salary

In high school, Herm Schaefer played basketball for Central (Fort Wayne, Indiana). Schaefer played basketball in college with Indiana Hoosiers men’s basketball (1938-1941) and started playing professionally in 1941. Schaefer left the game of basketball in 1950.

Schaefer played for the Fort Wayne Zollner Pistons during 1941-1943,1945-1946 as well as the Indianapolis Kautskys in 1946-1947. Later, Schaefer played for the Minneapolis Lakers throughout 1947-1949-50 NBA season. Some of the highlights of Herm Schaefer’s career included: National Basketball League champion, List of NBA champions, NBA champion, and List of NCAA Men’s Division I Basketball champions.

Herm Schaefer Net Worth 2018

Basketball annual payments range between $20,000 and millions of dollars per annum, depending on a number of factors. Although most professional NBA players earn a salary of about $2 million, some with D-league crossover contracts receive as little as $50,000. The salary cap for National Basketball Association players is approximately $100 million, although currently nobody brings in anywhere near that much money. The top players in the league earn approximately $35 million. Outside of the NBA, salaries can be under $20,000 per year for minor league teams.