Marv Albert is a well-known sportscaster and commentator known for his signature phrase “Yes! ” He has been a part of the sports broadcasting industry for decades, but how much is Marv Albert’s current worth?
In this article, Fidlar takes an in-depth look at Marv Albert net worth and how he’s achieved success in his field. We’ll also discuss some of his most memorable moments and provide insight into how he manages his money today.
What is Marv Albert’s Net Worth and Salary 2023?
Marv Albert is a well-known sports commentator who has an estimated net worth of $20 million and a salary of $2 million. He has made his fortune through his long career in the broadcasting industry, which began in the 1960s.
He started out as a play-by-play announcer for the New York Knicks and has since become one of the most recognizable voices in sports broadcasting. He is currently employed by Turner Sports as a lead announcer for NBA games.
Marv Albert Overview
Born on the 12th of June, 1941 in Brooklyn, New York, Marv Aufrichtig was raised in a Jewish family by grocers.
He went on to attend the prestigious Newhouse School of Public Communications at Syracuse University, and even had the honor of being the voice of the AAA Syracuse Chiefs during this period, before eventually graduating in 1963. Marv then completed his studies in 1965 from New York University.
Marv Albert’s career in sports began when he was a ball boy for the New York Knicks. Under the guidance of his mentor, Marty Glickman, Marv called his first Knicks game in 1963 for WCBS Radio while filling in for Glickman. Albert then went on to become the iconic “voice of the New York Knicks” in 1967.
Marv held the position for an impressive 37 years until 2004, when James L. Dolan purportedly made the call to let him go. Reports suggested his criticisms of the Knicks were the primary motive, yet Marv’s hefty salary may also have been a contributing factor in the termination.
The Alberts family still held an important place with the Knicks even after Marv’s departure, as Kenny, his son, began taking on the role of play-by-play announcer in 2009.
During his prolific career, Albert has been a constant fixture on NBC, providing play-by-play commentary for almost every NBA Finals from 1990 to 2002.
In 1999, he took up the mantle of lead announcer for TNT’s NBA coverage, which would later become his primary gig after NBC lost its NBA broadcasting rights in 2002.
He stayed with TNT until 2021, when he announced his retirement from the broadcast booth during the 2021 NBA Eastern Conference Finals.
During his time as a basketball commentator, he called games for the New Jersey Nets on the YES Network. Eventually, he made the transition to CBS Network.
When he wasn’t commentating, he was busy hosting his own show on NBA TV and lending his voice to the NBA Live video games series since 2003.
Apart from calling games on the court, Marv has lent his dulcet tones to commentating an array of other sports throughout the years, most notably his tenure with the New York Rangers of the NHL.
In 2002, a limousine accident left Albert and his colleague Mike Fratello battered and bruised; Marv Albert, in particular, suffered lacerations on his face, in addition to a concussion and a sprained ankle, and was unable to take part in several games as a result.
In 1997, Marv Albert was embroiled in a major scandal as Vanessa Perhach accused him of sexual harassment and biting her in a hotel room after an argument. Disturbingly, DNA testing confirmed the truth of her claims and Albert was put on trial, with multiple other women coming forward to testify.
The female victims of Marv’s alleged bites and sexual harassment spoke out, revealing details of Albert’s intimate life – details which he strongly denied.
Not only that, they claimed that they had been subjected to these mistreatments in the past. After Marv eventually pleaded guilty to misdemeanor assault, the sodomy charge was dismissed, resulting in a sentence of twelve months in prison which was ultimately suspended.
To Albert’s dismay, his long-term bond with NBC came to a shocking end as he was let go from the organization; however, much to his surprise, after the dust had settled, NBC reinstated Marv to the same role two years later.
In 2014, Marv made headlines after listing his 3,553-square-foot New York City abode for a whopping $16.5 million – a remarkable profit margin since he originally bought the apartment for only $2.393 million back in 1996.
Boasting 1,500 square feet of outdoor space, the terrace of this residence was kitted out with an irrigation system, a retractable awning and marble countertops, all offering spectacular views of the city. By the end of 2014, the house was sold for an astounding $15 million.
In 2016, Marv made a successful investment, purchasing a breathtaking four-bedroom penthouse in the upscale Tribeca neighborhood for an impressive $10.3 million.
The spacious residence encompasses 4,410 square feet and comes complete with an additional 600 square feet of outdoor living space.
Set within the luxurious 5 Franklin Place building, the apartment is one of 21 dwellings in the complex, including a spectacular penthouse suite boasting five-inch hardwood floors and imported marble.
This building boasts truly luxurious amenities, including a stunning rooftop deck, an idyllic swimming pool with its own cabanas, and a well-equipped gym.
FAQs about Marv Albert
Does Marv Albert Have Any Children?
Marv and his first wife, Benita Oberlander, are proud parents of four: Kenny Albert, Denise Albert, Jackie Albert, and Brian Albert.
What is Bob Costas Net Worth?
Renowned for his illustrious career as a sportscaster, Bob Costas has earned a net worth of $50 million and is one of the most distinguished figures in the American sports broadcasting industry.
Did Marv Albert Wear A Wig?
He garnered a lot of admiration from industry bigwigs and admirers alike after donning an attractive and virtually unnoticeable toupee, effectively revamping his look.
Marv Albert is a living legend in the broadcasting world, having achieved tremendous success and wealth throughout his long illustrious career. His skill and experience have made him one of the most sought-after commentators in the industry.
If you want to hear more of Marv Albert’s insights on sports and gain insight into the world of professional sports broadcasting, be sure to tune into Turner Sports and watch the NBA games he commentates.