Walt Frazier Net Worth

What Is Walt Frazier's Net Worth?

Walt Frazier is an American former professional basketball player who has a net worth of $12 million.

Walt "Clyde" Frazier was one of the NBA's most iconic point guards, spending the majority of his career with the New York Knicks (1967-1977) before finishing with the Cleveland Cavaliers. A seven-time All-Star and seven-time All-Defensive First Team selection, Frazier led the Knicks to their only two NBA championships in 1970 and 1973.

Frazier's legendary Game 7 performance in the 1970 NBA Finals (36 points, 19 assists, and 7 rebounds) cemented his legacy as a clutch performer. Known for his defensive prowess—earning the nickname "Clyde" after the smooth criminal Clyde Barrow—Frazier's quick hands made him one of the greatest ball hawks in NBA history.

Beyond his on-court excellence, Frazier became a cultural icon in New York, famous for his flamboyant style, fur coats, and custom Pumas. His distinctive vocabulary and rhyming phrases have made him a beloved Knicks broadcaster since 1987.

Frazier's career statistics (18.9 points, 6.1 assists, 5.9 rebounds per game) don't fully capture his impact. His jersey (#10) hangs in Madison Square Garden's rafters, and he was inducted into the Basketball Hall of Fame in 1987, recognized as one of the 50 Greatest Players in NBA history.

Early Life

Walter Frazier Jr. was born on March 29, 1945, in Atlanta, Georgia. He attended David Tobias Howard High School. Walt was the quarterback for the football team and catcher on the baseball team and learned how to play basketball on a dirt playground, the only facility available at the all-black school in the segregated South at the time. Frazier was offered football scholarships but ultimately accepted a basketball offer from Southern Illinois University.

Walt was named a Division II All-American in 1964 and 1965. In 1965, Frazier led SIU to the NCAA Division II Tournament only to lose in the finals to Jerry Sloan and the Evansville Purple Aces 85-82 in overtime. In 1966, he was academically ineligible for basketball. The team moved from Division II up to Division I in 1967, and Walt helped them win the National Invitation Tournament with a 71-56 victory over Marquette University. He was named the Most Valuable Player of the tournament. Frazier's No. 52 was ultimately retired by Southern Illinois University.

Getty

NBA Career

In the 1967 NBA Draft, Frazier was drafted fifth overall by the New York Knicks. He had immediate success and was named to the NBA All-Rookie First Team. In 1969–70, his third season in the league, he made his first of seven All-Star appearances, helping the New York Knicks win their first NBA title in seven games against the Los Angeles Lakers. They won their second NBA Finals in the 1972-73 season when they met up with the Lakers once again, this time winning in five games in the best-of-seven series. Walt was the MVP of the 1975 All-Star Game.

After the 1976-1977 season, Frazier was traded to the Cleveland Cavaliers for Jim Cleamons in a youth movement. The Knicks would pay part of his salary of more than $400,000 that year with three seasons remaining on the contract. He only played in 66 games over the course of three years with Cleveland and retired midway through the 1979-1980 season.

Frazier scored 15,581 points during his Hall of Fame career and had more than 5,000 assists to go with 4,830 rebounds. He was selected for the league's All-Defensive team seven times. Walt's No. 10 jersey was retired by the New York Knicks on December 15, 1979. In 1987, Frazier was inducted into the Naismith Memorial Basketball Hall of Fame along with Pete Maravich and Rick Barry. In 1996, he was elected to the NBA's 50th Anniversary Team. In 2021, he was honored once again as one of the best players of all time when named to the NBA 75th Anniversary Team.

Personal Life

Walt lives with his longtime girlfriend, Patricia James, in Harlem. The couple also has a home in St. Croix. Frazier has a son who has been referred to as both Walt Jr. and Walt III.

As a basketball player, Frazier was known as a fashion icon, one of the first major pro athletes to be considered as such. He has a line of Puma sneakers named after him.

Walt is currently a color commentator for telecasts of Knicks games on the MSG Network.

Real Estate

In 1979, Walt bought a home on St. Croix, Virgin Islands. He eventually acquired five total acres on the island and built 10 homes that could be used as rental properties. He built 10 homes on the property. In 2010, Walt paid $2.4 million for three penthouse apartments in Harlem, New York.

Who's Richer?

Walt
Frazier

Compare!

Bernard
King