What Is George McGinnis Net Worth and How He Built It

George McGinnis is a name that resonates with basketball fans, particularly those who followed the NBA and ABA in the ’70s. Known for his powerful playing style and impressive career, McGinnis made a significant impact on the court. But as with many former athletes, curiosity about their wealth and success off the court often follows. So, just how much is George McGinnis net worth today?

In this article, we’ll take a closer look at his basketball legacy, the sources of his wealth, and how he continues to enjoy life after retirement.

Who is George McGinnis?

George McGinnis was a legendary American basketball player whose impact on the game is still felt today. Born on August 12, 1950, in Indianapolis, Indiana, McGinnis was an exceptionally gifted player, known for his power, versatility, and ability to dominate both offensively and defensively. He played college basketball at the University of Indianapolis, where his impressive performances caught the attention of scouts, setting the stage for his professional career. Standing at 6 feet 7 inches, McGinnis was a force to be reckoned with, excelling in scoring, rebounding, and playmaking.

McGinnis began his professional career in the American Basketball Association (ABA), where he played for the Indiana Pacers and later the Philadelphia 76ers. His time in the ABA was marked by numerous accolades, including multiple All-Star selections and an ABA championship with the Pacers in 1973.

When the ABA merged with the NBA in 1976, McGinnis seamlessly transitioned to the NBA, continuing his successful career with both the Pacers and 76ers. George McGinnis passed away on December 14, 2023, but his legacy as one of basketball’s greats lives on through his remarkable career and the influence he had on the sport.

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George McGinnis’s Basketball Career Highlights

– College Success and Early Promise

Before making a name for himself professionally, George McGinnis showed tremendous promise during his college years at the University of Indianapolis. McGinnis was a standout player, earning All-American honors and showcasing the skills that would later make him a dominant force in the pros. He led the University of Indianapolis to numerous victories and helped establish himself as one of the top collegiate players in the country. His ability to score, rebound, and lead his team made him a highly sought-after prospect in both the NBA and ABA.

– ABA Stardom with the Indiana Pacers

McGinnis’s professional career took off in the American Basketball Association (ABA), where he made an immediate impact with the Indiana Pacers. He was drafted by the Pacers in 1971 and quickly became one of the team’s most dominant players.

McGinnis earned multiple ABA All-Star selections during his time with the Pacers, showcasing his all-around game and making a name for himself as one of the best forwards in the league. His ability to score, rebound, and play tough defense was a key asset for the Pacers, and his explosive style of play captivated fans.

In 1973, McGinnis helped lead the Pacers to an ABA Championship, solidifying his place as one of the league’s top players. His dominance on the court made him a household name, and he was widely regarded as one of the best players of his era.

– Transition to the NBA and Continued Success

When the ABA-NBA merger occurred in 1976, McGinnis made the smooth transition to the NBA, continuing to showcase his skills with both the Pacers and the Philadelphia 76ers. With the Pacers, he remained a key player, contributing heavily to the team’s success in the late 1970s.

However, it was with the 76ers where McGinnis experienced a second chapter of success. In Philadelphia, he teamed up with future Hall of Famers like Julius Erving and Doug Collins, forming a formidable lineup.

McGinnis earned an NBA All-Star selection in 1977, marking a peak in his NBA career. Known for his relentless work ethic and tough playing style, McGinnis was a versatile forward who could dominate on both ends of the floor. His ability to score in the paint, as well as hit mid-range shots, made him a constant threat. Despite injury setbacks, McGinnis remained a vital player throughout his NBA tenure.

– Legacy in the ABA and NBA

Throughout his career in both the ABA and NBA, McGinnis was known for his explosive and physical style of play. His combination of size, skill, and strength made him a versatile forward who could play multiple positions.

While his career was cut short by injuries, McGinnis left an undeniable mark on both leagues. His time in the ABA was particularly significant, as he was one of the league’s brightest stars before the merger, and his ability to transition seamlessly to the NBA showed his adaptability and long-lasting impact on the game.

Though McGinnis never won an NBA championship, his accomplishments on the court—both as a player and as a competitor—cemented his place in basketball history. He is remembered for his contributions to both the Pacers and 76ers and is regarded as one of the greats of his era, celebrated for his scoring ability, leadership, and fierce competitive nature.

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George McGinnis’s Net Worth Breakdown

As of 2025, George McGinnis’s net worth is estimated to be around $5 million. This figure takes into account his earnings from his successful basketball career, endorsement deals, and post-retirement ventures. Though McGinnis was not among the highest-paid players during his career, his wealth has grown significantly over time due to smart investments, business ventures, and the ongoing revenue he earns from his association with basketball.

– Income from Basketball Career

George McGinnis earned a considerable portion of his wealth during his playing days in the ABA and NBA. Though the exact figures are difficult to pinpoint due to the different league structures, McGinnis earned a decent salary, particularly as a key player for the Indiana Pacers and the Philadelphia 76ers.

In the ABA, players were paid less than in the NBA, but McGinnis still secured lucrative contracts as one of the league’s star players. After the ABA-NBA merger, McGinnis continued to earn a solid paycheck as an NBA All-Star, with his salary increasing as his career progressed.

Despite not being in the high salary brackets of today’s NBA superstars, McGinnis’s income during his playing days laid the foundation for his post-career financial success.

– Post-Retirement Earnings

After retiring from professional basketball in 1982, McGinnis didn’t fade into obscurity. He remained a prominent figure in basketball, often participating in charity games, public speaking engagements, and community outreach. These activities allowed him to maintain a steady income stream long after his playing days were over. McGinnis was also involved in various business ventures, including coaching, mentoring, and consulting, all of which contributed to his wealth.

In addition, McGinnis’s legacy and recognition from his time in the NBA and ABA have kept him in the public eye. This visibility has translated into opportunities for paid appearances, interviews, and sponsorship deals, further enhancing his financial position post-retirement.

– Endorsements and Brand Partnerships

While McGinnis was not known for massive endorsement deals during his playing career (a common feature of modern NBA stars), his recognition and legacy have still resulted in some business opportunities.

These include local sponsorships, appearances at events, and collaborations with brands connected to sports memorabilia. His association with the Indiana Pacers and Philadelphia 76ers has continued to offer opportunities in the form of sports memorabilia sales, where vintage items associated with McGinnis remain highly sought after by collectors.

– Real Estate Investments

In addition to his income from basketball, McGinnis has been known to make investments in real estate. Like many former athletes, he diversified his wealth by purchasing property, which has proven to be a valuable asset in the long term. Real estate investments often provide long-term returns, especially if managed properly, and McGinnis likely saw consistent returns from his properties after his retirement.

– Posthumous Legacy and Continuing Earnings

Even after his death in December 2023, McGinnis’s net worth will likely continue to grow through various revenue streams. His legacy as one of the most respected players of his era means that memorabilia, licensing rights, and other posthumous earnings will continue to be a source of income for his estate. His family, foundation, or heirs may benefit from these ongoing earnings, which stem from his significant contributions to the game of basketball.

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George McGinnis’s Lifestyle

– Living a Balanced Life After Basketball

After retiring from professional basketball, George McGinnis focused on living a balanced and private life. He remained deeply connected to his hometown of Indianapolis, enjoying family time and community involvement.

McGinnis was known for his warm personality and commitment to spending time with his children and grandchildren. He stayed active by attending basketball events, walking, and participating in local charity functions. His lifestyle was much more relaxed, centered around family, health, and enjoying life outside the pressures of professional sports.

– Community Engagement and Charitable Work

McGinnis remained committed to his community even after retirement. He engaged in various charitable causes, particularly in youth development, education, and sports accessibility. Often participating in charity basketball games and community outreach, McGinnis used his platform to inspire the next generation.

His focus on empowering local youth and giving back to Indianapolis helped cement his legacy as a role model. Through his charitable work, he became a beloved figure, not just as an athlete, but as someone who positively impacted his community.

– Post-Retirement Career Ventures

Beyond basketball, McGinnis continued to thrive in various business ventures, including real estate and coaching. His knowledge of basketball and leadership made him an in-demand mentor for young athletes and coaches. He also provided expert advice at basketball camps and youth programs, helping nurture talent.

McGinnis’s financial acumen allowed him to invest wisely, securing long-term wealth and a comfortable lifestyle for himself and his family. His ventures kept him financially stable and engaged with the sport he loved.

– A Focus on Health and Wellness

In retirement, McGinnis prioritized his health by staying active with low-impact exercises and maintaining a balanced lifestyle. Though not following the intense training routines of his playing days, he kept himself fit through walking and enjoying basketball games as a fan.

McGinnis recognized the importance of taking care of his body after years of physical exertion on the court. This focus on health allowed him to remain active well into his later years and enjoy life outside the demands of professional sports.

– Legacy and Impact

McGinnis’s lifestyle ultimately reflected his broader impact on both basketball and his community. While his wealth provided comfort, his true legacy lies in his contributions to the sport and his community. McGinnis’s ability to balance family life, business ventures, and charitable work made him a respected figure both on and off the court. His legacy continues to inspire future generations, especially in Indianapolis, where he remains an influential figure in the world of basketball.