Tim Donaghy Net Worth: Sources of Income, Career and More

Tim Donaghy Net Worth: Sources of Income, Career and More

I bring my years of experience in the entertainment world to throw some light on the captivating story of Tim Donaghy who is a well-known former professional basketball referee.

Come with me on the journey to uncover Tim Donaghy net worth, early life and career, sources of income, and the incredible path that has turned him into a beloved figure of basketball ground.

This article will take you through the numerous phases of Tim Donaghy’s life, starting from the beginning of his basketball career to the moments that made him famous globally.

Tim Donaghy Net Worth

🌟 Tim Donaghy at a Glance 🌟

Name: Tim Donaghy

Born on: January 7, 1967

Born Place: Havertown, Pennsylvania

Country: USA

Profession: Referee

Net Worth: $3 million

Tim Donaghy’s Early Life and Career

Timothy Francis Donaghy most commonly referred to as Timothy Donaghy was born on January 7, 1967, in Havertown, Pennsylvania. His dad, Gerry Donaghy, was also a referee in college basketball and he finished his studies at Villanova University in 1989, majoring in sales and marketing, and played baseball there. 

Timothy used to be a referee in the NBA for 13 seasons from 1994 to 2007 but his time as a referee ended suddenly because he got involved in a gambling scandal. Donaghy was a referee in the NBA for 772 regular season games and 20 playoff games. He quit his job on July 9, 2007, while the FBI was investigating him for betting on the games he monitored, affecting scores in the last two seasons.

Donaghy confessed to betting from 2003 to 2007 and pleaded guilty on August 15, 2007. He got a 15-month prison sentence on July 29, 2008, serving 11 months in a Florida prison camp and the rest in a halfway house. Unfortunately, he went back to prison in August for breaking the release rules. After completing his sentence, Donaghy was released on November 4, 2009.

Tim Donaghy Net Worth in 2023

Tim Donaghy Net Worth

Tim Donaghy has an estimated net worth of approximately $3 million with an annual income ranging in-between $180,000 to $550,000 that he has collected during his 13-year career of refereeing NBA games. In 2007, Donaghy became infamous for his role in the NBA gambling scandal where he used inside information for his personal gain.

After facing legal consequences, including 15 months in prison and 3 years of supervised release, he made a comeback by publishing a book called “Private Foul” and returned to refereeing in 2021 with MLW.

The Netflix series “Untold” is planning to explore this controversial sports story in 2022.

Tim Donaghy Net Worth Career Earning Year

YearNet worth (in million)
Tim Donaghy Net Worth 2023$3 Million
Tim Donaghy Net Worth 2022$2.5 Million
Tim Donaghy Net Worth 2021$2 Million
Tim Donaghy Net Worth 2020$1.6 Million
Tim Donaghy Net Worth 2019$1.3 Million
Tim Donaghy Net Worth 2018$1 Million

Tim Donaghy’s Sources of Income

Tim Donaghy has built substantial wealth primarily from his successful career as a basketball referee. Tim has a great passion for sports and he wanted to be like his dad, who was also a basketball referee. After getting a degree in sales and marketing from Villanova University, he spent five years officiating high school basketball and seven seasons in the Continental Basketball Association (CBA).

Also see: Hailey Bieber Net Worth

Tim joined the NBA in 1994, overseeing many games until 2007 when he had to leave because of gambling issues. In the Netflix show “Untold: Operation Flagrant Foul,” Tim said he had enough money, from different sources.

Even though he went to federal prison for 15 months and had to pay big fines, he worked with the FBI and revealed he made around $30,000 giving secret information to bookies. The judge’s order for him to pay back the NBA showed how serious his wrong actions were.

Key facts:

  • Tim Donaghy’s 2023 net worth is projected to be at $3 million.
  • Tim Donaghy’s lucrative work as a basketball referee has been the main source of his considerable riches.

Tim Donaghy’s Social Media Accounts

Instagram636 followerscheck out
Twitter231 Followerscheck out
Facebookcheck out
Linkedin1 followercheck out

Conclusion

In a nutshell, Donaghy has an estimated net worth of approximately $3 million. He earned this money by being a pro basketball referee for the NBA. He gained his wealth by referring to NBA games for a long duration of 13 years. Unfortunately, things took a turn when he got caught up in a major scandal, leading to his resignation from the NBA games.

After quitting the NBA he got in legal trouble and was found guilty of messing with the basketball games. This scandal had a negative impact on his finances, affecting the wealth he collected through his long sports career.

Feel free to share your thoughts and comments about this professional basketball referee in the comment section below.

FAQs

Q. What is Tim Donaghy’s net worth in 2023?

A. Tim Donaghy has an estimated net worth of approximately $3 million in 2023.

Q. How did Tim Donaghy make his money?

A. Tim Donaghy accumulated his wealth through a 13-year career as a professional basketball referee in the NBA games, showcasing his skills and dedication.

Q. Why is Tim Donaghy known in sports?

A. Tim Donaghy became notable in sports due to his involvement in the 2007 NBA betting scandal, which ultimately led to his resignation from the NBA.

Q. What legal problems did Tim Donaghy encounter?

A. Tim Donaghy encountered legal issues post his NBA resignation, leading to a conviction for conspiring to manipulate NBA games.

Q. How did the controversy affect Tim Donaghy’s money matters?

A. The scandal notably harmed Tim Donaghy’s financial status, impacting the wealth he had built throughout his sports career.

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