Former basketball great Michael Jordan watches Roger Federer
Former basketball great Michael Jordan watches Roger Federer of Switzerland play Marinko Matosevic of Australia during their men's singles match at the U.S. Open tennis tournament in New York August 26, 2014. Reuters

Sports undoubtedly pay big and basketball is one of the most lucrative amongst them. Listed below are the top 10 most richest NBA players.

1. Michael Jordan

Net Worth: $1 Billion

Michael Jordan's $1 billion net worth makes him the richest NBA player of all time. MJ has already retired for more than a decade but his constant endorsements and businesses bring millions of dollars every year.

2. Magic Johnson

Net Worth: $500 Million

Magic Johnson is one of the most famous NBA players of all time and also one of the wealthiest at $500 net worth. He played in one of the biggest basketball rivalries against Larry Bird in the 1979 NCAA finals, which was also the most watched basketball game on TV.

3. Shaquille O'Neal

Net Worth: $350 Million

Shaquille O'Neal retired from NBA several years ago but he still brings home millions of dollars from sports brands and vehicle endorsements. He also appeared in a number of TV commercials and movies.

4. LeBron James

Net Worth: $270 Million

LeBron James is arguably the most famous basketball player today but in the NBA standards, the 29-year-old NBA superstar is still a baby. He has a couple of endorsements that bring him $53 million annually.

5. Kobe Bryant

Net Worth: $270 Million

Kobe Bryant grew up from a family of basketball players and despite his good school standing; he skipped college and went to pro right away. At 35, he is already aging but he remains one of the highest paid NBA players.

6. Hakeem Olajuwon

Net Worth: $200 Million

Hakeem Olajuwon has retired for 12 years now yet he remains one of the wealthiest NBA players. Several endorsements bring him millions every year.

7. Grant Hill

Net Worth: $180 Million

Although Grant Hill has retired for quite a while, he still makes plenty of money annually from his endorsements.

8. Kevin Garnett

Net Worth: $180 Million

Kevin Garnett was the first NBA player ever to be drafted out of high school. Currently, 38-year-old makes $10 million annually form his various endorsements.

9. Tim Duncan

Net Worth: $150

Tim Duncan only started playing basketball when he was freshman in high school and he perfected the skills and eventually became the best power forward of all time.

10. Gary Payton

Net Worth: $130 Million

Gary Payton is the only recipient of the NBA Defensive Player of the Year Award for a point guard and the 10th richest player in NBA history.