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

Mel Peterson was a professional basketball player who played Guard / Forward as number 16, 40, 44. Peterson’s height is 6 ft 4 in. Peterson’s weight is 185 pounds. Peterson was born on March 23, 1938, in Thief River Falls, Minnesota. This article takes a deep dive into Mel Peterson’s net worth.

Mel Peterson Career and Earnings/Salary

In high school, Mel Peterson played basketball for Stephenson (Stephenson, Michigan). Peterson played basketball in college with Wheaton College (Illinois) (1956-1960) and started playing professionally in 1963. In the 1960 draft, Peterson was chosen number 78 in round 11 by the Detroit Pistons. Peterson left the game of basketball in 1970.

Peterson played for the Baltimore Bullets (1963-73) during 1963 as well as the Oakland Oaks (ABA) in 1967-68 ABA season 1968-69 ABA season. Later, Peterson played for the Los Angeles Stars throughout 1969-70 ABA season. Some of the highlights of Mel Peterson’s career included: List of ABA champions.

Peterson set a career record of 1,032 (7.7 ppg) points, 635 (4.7 rpg) rebounds, and 160 (1.2 apg) assists.

Mel Peterson Net Worth 2018

Player annual payments vary between $20,000 and millions of dollars annually, depending on a number of considerations. Although typical NBA players make a salary of almost $2 million, some with D-league crossover agreements earn as little as $50,000. The salary cap for National Basketball Association players is around $100 million, although as of today nobody brings in anywhere near that much money. The top players earn close to $35 million. Outside of the National Basketball Association, salaries can go below $20,000 per year for minor league teams.