Ulysses Lee Bridgeman, generally known as “Junior”, went from NBA to becoming a highly successful fast food entrepreneur with a net worth of over $600 million. He retired from the NBA in 1987 and built a fast-food empire.
A native of East Chicago, Indiana, Bridgeman came to Kentucky to attend the University of Louisville, where he celebrated a successful basketball career. As a Louisville Cardinal, he led his team to two NCAA tournaments, including a Final Four in 1975 after which he was drafted by the Los Angeles Lakers.
He was reportedly one of the best sixth men in the league during the late ’70s and early ’80s averaging 13.6 points per game off the bench, according to Forbes. For the 12 years he played in the NBA, he scored 11,517 career points playing mostly with the Milwaukee Bucks.
According to reports, he holds the Bucks’ franchise record for games played with 711, but he only started in 105. Bridgeman went on to play a two-year stint with the LA Clippers at the tail end of his career.
Although he mostly came off the bench, in 1979-80 Bridgeman was reportedly second on the Bucks in scoring. He scored a career-high 17.6 points per game that season and led Milwaukee to a 49-33 record. Bridgeman’s number 2 jersey was retired by the Milwaukee Bucks in 1988.
Bridgeman’s highest salary in the NBA was $350,000 in 1985 and with that same amount, he invested into a far more lucrative business. After retirement, Bridgeman purchased Wendy’s location in Milwaukee. He went on to buy a few more.
Eventually, Bridgeman owned 160 Wendy’s locations and 120 Chili’s locations. He became a franchisee of Fazoli’s and Blaze Pizza as well. According to a 2014 report, a search of the Kentucky Secretary of State website lists Bridgeman as a member, sole officer, president, director and chairman of 36 active organizations.
The former sixth man founded a Louisville-based company, Manna Inc. under which all his subsidiaries operate. He grew the company into a fast food empire employing 11,000 people and generates over $500 million each year in revenue. For reasons unknown, many have come to call his company, Bridgeman Foods. “Everyone started calling it Bridgeman Foods, but there never really was a Bridgeman Foods company,” he said.
In 2017, he became the official bottler of The Coca-Cola Company. He’s currently the president and CEO of Coca-Cola Heartland Bottling Company, which makes approximately $650 million in revenue today. Bridgeman unsuccessfully bid to purchase Sports Illustrated from its parent company in 2018.
He’s been a Hall of Famer in the restaurant franchise business. In January this year, Central Bank Chairman, President and CEO Luther Deaton Jr. announced Bridgeman’s election to the Central Bancshares board of directors.
Bridgeman is one of the richest athletes in the world as of 2016. According to Celebrity Net Worth, Bridgeman’s current net worth stands at $600 million making him the fifth-richest former athlete in the world.
As an active member of the Louisville community, Bridgeman has supported the founding of several basketball camps and a Louisville boys’ school for children that were homeless and he sits on the board of the PGA. He was recently honoured with the Gold Cup award by Greater Louisville Inc.
Maj. Gen. Fatuma Gaiti Ahmed is the first female commander of the air force and…
Benjamin E. Mays High School brought together its 272 senior class members for a meeting…
Afrika Owes' emotional response to learning that she had passed the bar exam on her…
A 49-year-old New York attorney was on April 26 sentenced to 10 years in federal…
During an appearance on The Jennifer Hudson Show on Wednesday, pop legend Cher opened up…
Authorities in Florida said an 11-year-old boy was accidentally shot and killed by his 14-year-old…
The famous Taylor Schlitz family is making headlines once more as the youngest of the…
Sony Pictures Entertainment has appointed Tahra Grant as its Chief Communications Officer. She replaces Robert…
Meet Ashley M. Fox, the founder of Empify and the first in her family to…
Tyra Banks, the iconic former host of Dancing With the Stars, has made a delightful…
A Brazilian woman named Érika de Souza, 42, is under investigation for manslaughter after authorities…
Ghana’s Asante king Otumfuo Osei Tutu II has unveiled the long-lost treasure of the kingdom…
Deion Sanders is a retired American professional football and baseball player who currently coaches at…
Tiger Woods is set to receive $100 million from PGA Tour Enterprises for his loyalty,…
Jalen Hurts, the Philadelphia Eagles' quarterback, has shown his affection for the community by contributing…