Olsen Racela Net Worth 2018: What is this basketball player worth?

Olsen Racela was a professional basketball player who played Head coach for the FEU Tamaraws. Racela was born on November 1, 1970, in Quezon City, Philippines. Racela’s height is 5 ft 11 in. This article takes a deep dive into Olsen Racela’s net worth.

Olsen Racela Career and Earnings/Salary

Racela played basketball in college with Ateneo de Manila University and started playing professionally in 1993. Racela left the game of basketball in 2011.

Racela played for the B-Meg Llamados during 1993-1996 as well as the Petron Blaze Boosters in 1997-2011. Some of the highlights of Olsen Racela’s career included: 9× List of Philippine Basketball Association champions, 6x Philippine Basketball Association All-Star Game, 2× Philippine Basketball Association Mythical Team, 3× Philippine Basketball Association Mythical Team, Philippine Basketball Association Mr. Quality Minutes award, and No. 17 retired by the San Miguel Beermen.

Olsen Racela Net Worth 2018

Basketball annual payments range between $20,000 and tens of millions of dollars annually, depending on a number of circumstances. Although typical NBA players earn a salary of around $2 million, a small contingent of players with D-league crossover contracts earn as little as $50,000. The salary cap for National Basketball Association players is approximately $100 million, although currently nobody earns anywhere near that much money. The top players in the NBA earn approximately $35 million. Outside of the NBA, salaries can be as low as $20,000 per year for minor league teams.