Reggie Miller Net Worth

Arne Schiller 14 Jun 2025

What Is Reggie Miller's Net Worth and Salary?

Reggie Miller is an American retired professional basketball player who has a net worth of $80 million. Reggie Miller is best known for his 18-season career with the Indiana Pacers, where he became one of the greatest shooters in NBA history. Drafted 11th overall in 1987 out of UCLA, Miller quickly established himself as a deadly perimeter threat with his signature quick release and clutch shooting. He finished his career with 25,279 points and retired as the NBA's all-time leader in three-pointers made—a record later surpassed but still emblematic of his impact on the game.

Miller was a five-time NBA All-Star and led the Pacers to multiple playoff runs throughout the 1990s and early 2000s, including a trip to the NBA Finals in 2000. Known for his fierce rivalries, particularly with the New York Knicks, Miller gained a reputation as a cold-blooded closer, highlighted by his legendary eight points in nine seconds comeback in 1995.

Off the court, Miller became a respected NBA analyst for TNT following his retirement in 2005. He was inducted into the Naismith Memorial Basketball Hall of Fame in 2012. Known for his competitive fire, sharp wit, and iconic shooting form, Miller remains one of the most beloved figures in Indiana Pacers history and a trailblazer for modern three-point specialists.

Contracts, Salaries & Career Earnings

Over 18 seasons, he earned approximately $103.9 million in salary, which adjusts to around $200 million in today's dollars. His peak salary came during the 2002–03 season, when he earned over $12 million, equivalent to more than $21 million today when adjusted for inflation.

Early Life

Reginald Wayne Miller was born on August 24, 1965, in Riverside, California. Reggie was born with notable hip deformities, and he was required to wear braces on both legs for many years. Eventually, his legs developed, and he was able to walk properly. Miller was raised alongside four siblings in a heavily athletic family. His siblings include a Major League Baseball player, a varsity volleyball player, and Cheryl Miller, a future female Hall-of-Fame basketball player who won an Olympic gold medal in 1984.

Cheryl and Reggie developed a close bond during their childhood. They played basketball together for many years, squaring off against each other with informal 1-on-1 games. Cheryl would regularly beat Reggie for many years, but eventually, he grew large enough to block her shots. Prior to this, Reggie had to come up with an unorthodox shooting style that could arc over his larger sister. He took this shooting style to the NBA.

After graduating from high school, Reggie attended the University of California. During his college years, he studied history and eventually graduated with a degree. However, his time at the University of California was dominated by his college basketball exploits. As a member of the UCLA Bruins, Miller helped the team win an NIT Championship. He played his last game for the Bruins in 1987, when he lost against the University of Wyoming.

Career

In 1987, Reggie Miller was selected by the Pacers as the 11th pick in the first round of the NBA Draft. After adopting the number 31, Miller started his first season as a backup for shooting guard John Long and won respect from the fans. By 1992, Chuck Person's departure from the Pacers had put Reggie in the spotlight as their top-scoring threat. He immediately showed his potential by scoring 57 points in a game against the Charlotte Hornets – a new career high that still remains a Pacers record.

In 1994, Reggie gained widespread notoriety after an exemplary performance against the Knicks during the Eastern Conference Finals. During this game, Miller sunk several long-distance three-pointers. In 1995, he became famous for scoring 8 points in just 8.9 seconds. Again, this accomplishment came against the Knicks in the Eastern Conference Finals. During this period, he developed a long-standing feud with Spike Lee, a dedicated fan of the Knicks.

Jason Miller/ Getty Images

After suffering a serious eye injury, Miller was out of action for a long period and took the opportunity to start a talk show called "The Reggie Miller Show." Although Miller performed well in the next few years, the Pacers were defeated by the Chicago Bulls during the playoffs in 1998. When Michael Jordan retired, Reggie Miller and the Pacers were expected to perform extremely well in the coming years. Unfortunately, a number of disappointing performances followed.

In 2002, Reggie started to accept that he was no longer the focal point of the Pacers. He was no longer the top scorer, but he remained a strong leader in the dressing room and provided a source of inspiration for younger players. That being said, Miller continued to contribute, especially when several of the Pacers' top players were ruled out through suspension or injury. Miller's final game for the Pacers was in 2005, and he received a standing ovation from the crowd in Indianapolis.

Broadcasting Career

After retiring from the NBA in 2005, Reggie Miller transitioned seamlessly into broadcasting, becoming a prominent voice in professional basketball coverage. He joined TNT as a full-time analyst and color commentator, where he quickly gained recognition for his sharp insights, candid commentary, and deep understanding of the game. Miller has been a fixture on TNT's "NBA on TNT" broadcasts, regularly working marquee Thursday night games and playoff matchups alongside longtime colleagues such as Kevin Harlan and Marv Albert. Known for his unfiltered style and competitive perspective, Miller has also contributed to NCAA Tournament coverage for CBS and Turner Sports. In 2023, he signed a multi-year extension with TNT, further solidifying his place as one of the network's leading analysts. His success in broadcasting has extended his influence in the basketball world, bridging generations of fans who know him both as a Hall of Fame shooter and a respected voice of the game.

Real Estate

Reggie Miller has owned multiple high-profile properties throughout his career, reflecting his success both on and off the basketball court.

In 1995, Miller and his then-wife, actress Marita Stavrou, purchased a $1.1 million Mediterranean-style home in the Hollywood Hills' Sunset Strip area. The 7,000-square-foot residence featured six bedrooms, maid's quarters, gardens, a pool, and sweeping city views. The home was designed with 10 to 12-foot ceilings to accommodate Miller's 6-foot-7 frame.

In 2001, Miller acquired a 1.3-acre estate in Malibu, California, for $5.3 million. The nearly 8,400-square-foot property includes landscaped gardens, a pool, a detached guesthouse, and a master suite spanning 2,700 square feet with a marble fireplace. He continues to use the Malibu residence as a primary home, and it is likely worth $10-15 million today.

Miller also owned a significant property in Fishers, Indiana. He listed the 15,000-square-foot mansion, located on Geist Reservoir, for $7.5 million in 2007. After several years on the market, the home eventually sold in 2011 for $4.5 million. Despite selling this property, Miller has maintained strong ties to Indiana and frequently refers to it as his "second home."