John Paxson Net Worth, Age, Height, Wealth (Updated 2022)

John Paxson as of 2023 has an estimated net worth of 5 million dollars. He has found success in playing basketball and later as an administrator. He is renowned for his affiliation with the sport.

How Did John Paxson Become Rich?

John Paxson was born in the year 1960. His birth month is September and he was born on the 29th. His birthplace is Ohio.

He went to the Archbishop Alter High School University of Notre Dame. The school was located in Kettering, Ohio. He later went on to attend the University of Notre Dame.

During his time at the university, he joined the basketball team where he earned All-American recognition. He earned this as a junior during 1981. The next year he went on to do the same. That year he had one hundred and twelve assists. By the time he had left the University, he had made their top twenty list of basketball players records.

John Paxson graduated from Notre Dame University in the year 1983. He earned a degree in Business Administration. He also achieved a GPA of 3.17. He also became one of the only two-time Academic All-American basketball players in the school’s history. In mid-2005, John was admitted into the CoSIDA Hall of Fame.

John Paxson went on to play for the San Antonio Spurs. He was in the top twenty overall picks for the NBA drafts. Within just two seasons he accumulated 2.9 assists.  He later went on to be In the year a free agent with the Chicago Bulls. While on the team he played with Michael Jordan on the backcourt. He shined there as a 3-point marksman. He also became known for being a clutch shooter.

John Paxson is widely acknowledged for a championship-winning shot he made during the sixth game of the NBA finals. This was for the year 1993. His team was down a few points and it was the last few seconds of the game. John Paxson saved the team with a legendary three-point shot with only three seconds left to spare. He boosted his team to victory as they won by just one point. That year they won their third NBA title.

During his time playing for the NBA John Paxson started over three hundred games and had an average of 3.6 assists. After his prime, he retired and later came back as a coach in the year 1995. He was hired by a man named Phil Jackson.  In the very same year John returned, the Bulls won a title. John Paxson only remained a coach for one basketball season. Afterward, he resigned to do radio broadcasts with Neil Funk.

On one of his broadcasts he talked about the commitment and time it takes to be a coach. He felt that at the time he was missing everything that happened with his family. He went on to say that he prioritized what was important to him. John Paxson was later offered another coaching job with the Washington Wizards but declined it.

In the year 2003, John Paxson once again resigned from his job to start a new one. This time he joined the Bulls as a manager. The team had shown potential in the first few years John had rejoined them. It was in the years 2003 and 2004 that the team began playing sloppily. John offered to reshape the team and replace members. The reshaping was sanctioned but did not make much of a difference. The team went on to earn him the second-worst general manager season in the history of the NBA. After this setback, John tightened up and reshaped the team again. This time they played one of the best games in the Eastern Conference.

In the years 2006 -9, The Bulls had won over forty-five games. They however took a terrible loss to the New Jersey Nets in the last game of the season. They fell from being a 2-seed in the East to the 5-seed. The bulls were faced with high expectations for the seasons to come. Unfortunately, they started 9-1. They had come last in the Central division.

Following this, Paxson fired Scott Skiles. He was fired in December that year. The following year, John gave the title of the head coach to Vinny Del Negro. Vinny was also a former player. By 2010 the two men had alleged physical altercation with one another and were not on good terms. They were allegedly fighting over one of the players on the team who was in recovery from an injury. I

t was stated that Paxson initiated the fight but Vinny was fired. Later on, in 2009 Paxson’s job had been given to another man by the name of Gar Forman. Paxson had been given a new title that was Vice President of Basketball Operations. Under his leadership, the team played less than average games. They even failed to make the playoffs over four times. They lost many conference finals and semifinals. Paxson was later given the title of Senior Advisor for basketball operations.

What Is John Paxson Net Worth?

John Paxson has a net worth of five million dollars in 2023. This net worth is determined by all the salaries he has made over the years. He worked in the NBA and held several positions.

First, he earned from his position as a player then as a coach. He also served as a president and advisor which meant his monthly salaries were in the thousands. John Paxson has sold his five-bedroom home in 2019 for $725,000.

John Paxson also owns a home and car.

How John Paxson Spends His Money?

John Paxson spends money on traveling and living accommodations. He bought a mansion for almost a million dollars back in the ’90s. This home is known as Burr Ridge mansion and has several bedrooms, a pool, and sits on close to two acres. This was the biggest purchase to date. John also has bought cars over the years.

Interesting Facts

• John Paxson is currently married to a woman named Carolyn Paxson.
• He and Michael Jordan are good friends.