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Although exact breakdowns of his annual salary for 2018 can be difficult to pinpoint without specific payroll data, it is widely reported that his annual salary for the 2018-2019 season was in the vicinity of $10 million. This media presence has served a dual purpose: it maintains his relevance in the public eye and generates a passive income that compounds over time. He famously moved out of Gracie Mansion, the official mayoral residence, because he did not wish to pay for its maintenance with taxpayer money. The introduction of features such as lubricating strips, pivoting heads, and multiple blades allowed the company to justify premium pricing. His playing career was marked by numerous accolades, including three NBA MVP awards, and he is widely regarded as one of the greatest point guards of all time.
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