Marv Albert Net Worth – 2023

How much is Marv Albert Net worth?

American sportscaster Marv Albert has a net worth of $25 million. Marv has earned quite a name for himself as the “voice of the New York Knicks” in basketball commentary. Prior to leaving his position with the Knicks in 2004, he began his career in 1967. He subsequently continued to serve as an NBA game broadcaster for Turner Sports through the conclusion of the 2020-2021 season. In the world of basketball, he is well-known for his simple slogan, “Yes!” which he yelled after a team scored.

In addition to basketball, Albert has provided commentary for a variety of other sports, including ice hockey, football, boxing, tennis, and horse racing. He has also worked on a number of NBA Finals and Stanley Cup Finals in addition to eight Super Bowls. In the 1980s, he is most known for commentating the Wimbledon Tennis Championships and two World Series. Marvin’s three siblings and son are also play-by-play announcers.

Early Years

Marvin Philip Aufrichtig was born in Brooklyn, New York, on June 12, 1941. Marv, who was raised in a Jewish household by grocers, later attended Syracuse University’s Newhouse School of Public Communications. Before leaving the school in 1963, he served as the voice of the Syracuse Chiefs during this time. In 1965, Marv graduated from New York University.

Career

Marv Albert started his athletic career as a ball boy for the New York Knicks. In 1963, he called his first Knicks game while standing in for Marty Glickman on WCBS Radio. During these early years, Glickman acted as Marv’s mentor, and Albert went on to become the “voice of the New York Knicks” in 1967. This job was held by him for 37 years prior to his dismissal in 2004. Later sources suggested that Albert’s hefty compensation also played a role in James L. Dolan’s decision to terminate Marv. Despite Marv’s departure, the Alberts would continue to play a role with the Knicks, as Kenny Albert would ultimately serve as the play-by-play announcer beginning in 2009.

Albert has also been connected with NBC throughout his career, announcing nearly every NBA Finals from 1990 to 2002. Marv became the primary play-by-play commentator for NBA games on TNT in 1999. After NBC lost the rights to broadcast NBA games in 2002, this eventually became his major source of income. He remained with TNT until the 2021 NBA Eastern Conference Finals, when he called his final game.

Throughout his tenure, he also called New Jersey Nets games on the YES Network. Eventually, he would leave this post to join the CBS Network. In addition to commentating, he runs his own NBA TV basketball show. Beginning in 2003, he also secured a voice acting role in the “NBA Live” video game series. Marv has served as a commentator for a multitude of other sports throughout the years, most notably for the New York Rangers of the National Hockey League.

Medical Issues

Albert and colleague broadcaster Mike Fratello were wounded in a limousine collision in 2002. Marv had many face lacerations in addition to a concussion and a damaged ankle. Consequently, he missed a handful of games.

Controversy

Vanessa Perhach leveled serious sexual assault claims against Marv Albert in 1997. She alleged that Albert sexually assaulted her and bit her during a disagreement in a hotel room. DNA analysis verified that the incident occurred. He was then charged with a crime, and several women testified during his later trial. These ladies stated that Marv had previously bitten and sexually harassed them as well. These ladies also detailed embarrassing aspects of Albert’s personal life, which he adamantly disputed. The sodomy allegation was withdrawn after he finally pled guilty to minor assault. Marv was then sentenced to one year in jail, but the sentence was suspended.

Unfortunately for Albert, he was fired from NBC as a result of this entire fiasco. This terminated a 20-year engagement with the corporation, but two years later, once the dust had subsided, NBC rehired Marv in the exact same position.

Real Estate

In 2014, it was announced that Albert had placed his New York City residence on the market. The 3,553-square-foot home was placed on the market for $16.5 per square foot. This marks a substantial profit margin for Marv, who acquired the flat in 1996 for just $2,393,000. The patio is fitted with its own watering system and retractable awning and is 1,500 square feet. In addition, there are marble countertops and breathtaking views of the city. Later in 2014, he reportedly sold this home for about $15 million.

Marv successfully acquired a four-bedroom Tribeca penthouse for $10.3 million in 2016. The home is 4,410 square feet in size and has an outside space of about 600 square feet. The property is located within 5 Franklin Place among 20 other units, including a penthouse suite with five-inch oak floors and imported marble. This building’s lavish facilities include a rooftop terrace, a swimming pool with cabanas, and a fitness center.