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Oscar Robertson Net Worth

Basketball player · Athletes

Oscar Robertson
Photo: Governor Eric Holcomb · Wikimedia Commons · Public domain
Estimated net worth
$300K
In USD. An estimate from published reporting — approximate, not an official valuation.

Quick facts

Born1938

ProfessionBasketball player

NationalityAmerican

CategoryAthletes

Background and career

Oscar Palmer Robertson (born November 24, 1938), nicknamed "the Big O", is an American former professional basketball player who played for the Cincinnati Royals and Milwaukee Bucks in the National Basketball Association (NBA). As a 12-time All-Star, 11-time member of the All-NBA Team, and winner of the 1964 MVP, Robertson is considered to be one of the greatest point guards of all time. In 1962, he became the first player in NBA history to average a triple-double for a season (the only player in history besides Russell Westbrook and Nikola Jokić). In the 1970–71 NBA season, he was a key player on the team that brought the Bucks their first NBA title. His playing career, especially during high school and college, was plagued by racism. Robertson is a two-time Naismith Memorial Basketball Hall of Fame inductee, having been inducted in 1980 for his individual career, and in 2010 as a member of the 1960 United States men's Olympic basketball team and president of the National Basketball Players Association. Also in 1980, Robertson was named to the NBA 35th Anniversary Team. He was again voted as one of the 50 Greatest Players in NBA History in 1996. The United States Basketball Writers Association (USBWA) renamed their College Player of the Year Award the Oscar Robertson Trophy in his honor in 1998, and he was one of five people chosen to represent the inaugural National Collegiate Basketball Hall of Fame class in 2006. He was ranked as the 36th best American athlete of the 20th century by ESPN. In October 2021, Robertson was honored as one of the league's greatest players of all time by being named to the NBA 75th Anniversary Team. Robertson was also an integral part of Robertson v. National Basketball Ass'n of 1970. The landmark NBA antitrust suit, which was filed when Robertson was the president of the NBA Players' Association, led to an extensive reform of the league's strict free agency and draft rules and, subsequently, to higher salaries for all players. He was inducted into the FIBA Hall of Fame in 2009.

Robertson was born into poverty in Charlotte, Tennessee, on November 24, 1938. When he was approximately 18 months old, his parents moved to Indianapolis, Indiana, where he grew up in the segregated housing project of Lockefield Gardens. He preferred to play basketball over baseball, which was more popular in the neighborhood because it was "a poor kids' game". He learned how to shoot by using tennis balls and rags wrapped with rubber bands and tossing them into a peach basket in the back of his family's home.

Robertson attended Crispus Attucks High School, an all-black high school, where he was coached by Ray Crowe, whose emphasis on a fundamentally sound game had a positive effect on his style of play. As a sophomore in 1954, he starred on an Attucks team that lost in the semi-state finals (state quarterfinals) to eventual state champions Milan, a story that would later be the basis of the 1986 movie Hoosiers. When Robertson was a junior, Crispus Attucks dominated its opposition, going 31–1, and winning the 1955 state championship, the first for any all-black school in the nation. It was also the first state championship won by an Indianapolis team in the Hoosier tournament. In his senior season, Robertson scored 24.0 points per game and was named Indiana Mr. Basketball in 1956. His team finished with a 31–0 record and won a second straight IHSAA Men's Basketball Championship, becoming the first team in Indiana to secure a perfect season and compiling a state-record 45 straight victories. After their championship game wins, the team was paraded through town in a regular tradition, but they were then taken to a park outside downtown to continue their celebration, unlike other teams. Robertson stated: "[Officials] thought the blacks were going to tear the town up, and they thought the whites wouldn't like it." After his graduation that year, Robertson enrolled at the University of Cincinnati. In 1983, Robertson was inducted into the National High School Hall of Fame.

Robertson continued to excel while playing for the Cincinnati Bearcats, recording a scoring average of 33.8 points per game, the third-highest in college history. In each of his three years, he won the national scoring title, was named a consensus first-team All-American, and was chosen college player of the year, while setting 14 NCAA and 19 school records. Robertson's stellar play led the Bearcats to a 79–9 overall record during his three varsity seasons, including two Final Four appearances; however, a championship eluded Robertson, something that would become a repeated occurrence until late in his professional career. When Robertson left college, he was the all-time leading NCAA scorer until fellow Hall-of-Fame player Pete Maravich topped him in 1970. Robertson took Cincinnati to national prominence during his time there, but the university's greatest success in basketball took place immediately after his departure, when the team won national titles in 1961 and 1962, missing a third consecutive title in 1963 by just two points. He continues to stand atop the Bearcats' record book and the many records he still holds include points in one game at 62 (one of his six games of 50 points or more), career triple-doubles at 10, career rebounds per game at 15.2, and career points at 2,973. Robertson had many outstanding individual game performances, including 10 triple-doubles. His personal best may have been his line of 45 points, 23 rebounds, and 10 assists against Indiana State in 1959. Despite his success on the court, Robertson's college career was soured by racism. In those days, Southern university programs such as Kentucky, Duke, and North Carolina did not recruit black athletes, and road trips to segregated cities were especially difficult, with Robertson often sleeping in college dorms instead of hotels. Years later, he told The Indianapolis Star: "I'll never forgive them." Decades after his college days, Robertson's stellar NCAA career was rewarded by the USBWA when they renamed the trophy awarded to the NCAA Division I Player of the Year the Oscar Robertson Trophy in 1998. This honor brought the award full circle for Robertson, as he had won the first two awards ever presented.

After college, Robertson and Jerry West co-captained the 1960 U.S. basketball team at the 1960 Summer Olympics. The team, described as the greatest assemblage of basketball talent ever at that point, steamrolled the competition to win the gold medal. Robertson was a starting forward along with Purdue's Terry Dischinger, but played point guard as well. He was the leading scorer of the team, as the U.S. team won its nine games by an average margin of 42.4 points. Ten of the twelve college players on the American squad later played in the NBA, including Robertson as well as future Basketball Hall-of-Famers West, Jerry Lucas, and Walt Bellamy.

Prior to the 1960–61 NBA season, Robertson made himself eligible for the 1960 NBA draft. He was drafted by the Cincinnati Royals as a territorial pick. The Royals gave Robertson a $33,000 signing bonus. In his NBA debut, Robertson recorded 21 points, 12 rebounds, and 10 assists in a 140–123 win over the visiting Lakers. On November 15, 1960, Robertson recorded a then-career-high of 44 points to go along with 15 rebounds and 11 assists in a 124–115 win over the Philadelphia Warriors. In his rookie season, Robertson averaged 30.5 points, 10.1 rebounds, and 9.7 assists (leading the league), almost averaging a triple-double for the entire season. He was named NBA Rookie of the Year, was elected into the All-NBA First Team—which would happen in each of Robertson's first nine seasons—and made the first of 12 consecutive All-Star Game appearances. In addition, he was named the 1961 NBA All-Star Game MVP following his 23-point, 14-assist, 9-rebound performance in a West victory; however, the Royals finished with a 33–46 record and stayed in the cellar of the Western Division. On February 10, 1962, Robertson recorded 32 points, 21 rebounds, and 16 assists in a 134–118 win over the Hawks. In the 1961–62 season, Robertson became the first player in NBA history to average a triple-double for an entire season, with 30.8 points, 12.5 rebounds and 11.4 assists. Robertson also set a then-NBA record for the most triple-doubles during the regular season with 41 triple-doubles; the record would stand for over half a century until 2016–17, when Russell Westbrook recorded 42 and joined Robertson as the only other player to average a triple-double for an entire season. He broke the assists record by Bob Cousy, who had recorded 715 assists two seasons earlier, by logging 899, and joined Johnny Green and Elgin Baylor as the only players in NBA history with the height of 6'5 or smaller to have grabbed 900+ rebounds in a season. The Royals earned a berth to the 1962 NBA playoffs; however, they were eliminated in the first round by the Detroit Pistons. In the 1962–63 season, Robertson further established himself as one of the greatest players of his generation, averaging 28.3 points, 10.4 rebounds and 9.5 assists, narrowly missing out on another triple-double season. The Royals advanced to the Eastern Division Finals, but succumbed in a seven-game series against a Boston Celtics team led by Bill Russell.

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