You’ll Be Inspired After Reading Former NBA Player Junior Bridgeman’s Expectation-Defying Success Story
It’s a sad reality than a reported 60% of NBA players eventually go broke after about five years into their retirement from the sport, according to Sports Illustrated. And former pro-baller Junior Bridgeman is one of those who refused to be part of this statistic. This is the amazing story of how the Los Angeles Clippers player defied expectations to build his impressive fortune.
Compared to other legendary names in the sport, Bridgeman’s 12-year career on the hardcourt may not be that remarkable. In fact, he was even ‘traded away’ by the Los Angeles Lakers back in 1975 to make way for Kareem Abdul Jabbar.
However, all these don’t seem to matter many decades later as Bridgeman enjoys the fruits of his labor. Today, he’s reportedly one of the people who own the most number of Wendy’s franchises. Even more impressive is that the 66-year-old businessman is now worth an estimated $600 million.
Humble Beginnings & NBA Stint
His current success is surely a contrast from his beginnings as the child of a steel mill worker. Born ‘Ulysses Lee Bridgeman’, the ex-athlete has been playing basketball since his high school days at the East Chicago Washington High School.
His talents were further honed at the University of Louisville, where the 6’5” tall Bridgeman dribbled as a forward and guard. He was drafted into the big league after graduating from college and he began his slow but sure trajectory to success from there.
At the time of his career’s height, basketball players weren’t enjoying the same huge paychecks that modern players receive. In fact, the game’s most popular names like Magic Johnson and Michael Jordan got their wealth from lucrative endorsement deals.
In Bridgeman’s case, he received a peak salary of $350,000 throughout his years on the court. And he proved to be smart with the money he earned despite not being among the top-paid players. Knowing that his time with the NBA won’t last forever, he knew he needed a more steady source of income. That was when he made the decision to acquire a franchise of his favorite fast-food chain.
This decision, although made on a whim, proved to be a smart one in the long run. During the off-seasons, Bridgeman was busy learning the ropes of the food business. And by the end of his sports career, he’s managed to own three Wendy’s.
Managing Bridgeman Foods Inc., this handful of branches eventually multiplied thanks to his work ethic. His success is also well-rounded considering his decades-long marriage to wife Doris, resulting in three children who also work in the business.
More in Rich & Famous
Mistakes You Must Avoid While Building a Financial Model For Your Startup
One of the most critical factors behind a startup’s success is its financial stability. And a robust money model can ensure...September 25, 2020
Biggest Real Estate Industry Myths, Debunked! Plus, How to Start a Career in this Lucrative Field
Not many fresh graduates would consider real estate as their first career choice since this industry was branded as unstructured and...September 24, 2020
Thinking of a Career Change At the Time of the Pandemic? Here’s What You Need to Know
There may be no better time to think of a career change than now. After all, the uncertainty brought about by...September 24, 2020
Effective Tips On How to Change Careers During The Pandemic
Coronavirus has impacted the lives of everyone in this world. No-one could have imagined in 2019 that the major parts of...September 21, 2020
Thinking of Pursuing a Career in Agriculture? Take a Look at These Tips First
Competition in the employment sector has always been fierce, and things have only worsened because of the pandemic. Getting jobs has...September 18, 2020
The Most Secret Advice That Can Change Your Career Forever
Have you ever wondered what makes the most successful people prosperous? Is it the loads of money they make? Is it...September 17, 2020
This Advice From Oprah Winfrey Will Change Your Career & Life
Life can often become burdensome, and when it starts to get to you, you may feel like giving up. But no...September 17, 2020
Seven Mortgage Tips For Smart Borrowers With Bad Credit
Are you seeking advice to refinance your mortgage? Refinancing with bad credit is no more a matter of concern. With significant...August 31, 2020
Career At A Dead-End? Here Are 6 Expert Tips To Help You Relaunch Your Career
If you have decided to leave your current job behind with the hope of doing something that matters more, the first...August 30, 2020