Tim Donaghy Net Worth: How Much Money Does He Earn From NBA Betting?

Timothy Francis Donaghy is a well-known name in the world of professional basketball. He served as a referee in the National Basketball Association (NBA) for a total of 13 seasons, beginning in 1994 and ending in 2007, before becoming embroiled in a gambling scandal. Donaghy worked 772 games in the regular season of the NBA and 20 games in the playoffs throughout the course of his career in the league.

Tim Donaghy Quick Info

Full Name Tim Donaghy
Occupation Referee
Age 55
Date of Birth January 7, 1967
Place of Birth Havertown Pennsylvania
Star Sign Capricorn
Country United States
Gender Male

Tim Donaghy Early Life, Family, and Education

On January 7, 1967, in the Philadelphia neighbourhood of Havertown, Pennsylvania, Timothy Francis Donaghy entered the world. Donaghy has always had a passion for the game. He grew up in Philadelphia and became an instant 76ers fan thanks to the influence of his father, Gerry Donaghy, a longtime basketball official at the university and high school levels.
In Springfield, Pennsylvania, Donaghy attended Cardinal O’Hara High School for four years and was a competitive athlete while there. Afterward, Donaghy attended Villanova University, where he earned a bachelor’s degree in liberal arts in 1989.

Tim Donaghy Career Highlights

Formerly, he worked as a referee in the NBA. He was a professional basketball player for 13 seasons (from 1994 to 2007) before being caught up in a gambling scandal.

Tim refereed 772 NBA regular season games and 20 NBA playoff games throughout his time in the league. In conjunction with the inquiry, he pled guilty to two federal charges on August 15, 2007.

tim donaghy net worth

On July 29, 2008, he was given a 15-month prison term by a federal judge. After spending the first 11 months of his sentence in a federal prison camp in Pensacola, Florida, he spent the remaining time in a halfway house before being arrested again in August for violating the terms of his parole.

Over the course of 13 seasons, he worked 772 regular-season games and 20 playoff games in the NBA. For throwing the ball at an official during a game, Portland Trail Blazers player Rasheed Wallace was called for a technical foul.

On November 19, 2004, a fight broke out between Pacers players and Pistons fans at The Palace of Auburn Hills, and Tim was one of the three officials on the scene. Keep reading this post if you’re interested in learning more.

What is the Net Worth of Tim Donaghy?

According to Filmysiyappa, as of the year 2022, American professional basketball referee Tim Donaghy has a net worth of $3 million. Over the course of 13 NBA seasons (from 1994 to 2007), he served as a referee.

After getting involved in a gambling scandal in 2007, he decided to resign. Donaghy worked 772 NBA regular season games and 20 NBA playoff games during his tenure.

Donaghy’s involvement in the 2007 NBA gambling scandal has made him a household name. He placed bets on NBA games based on his familiarity with the rosters, front offices, and officials. In 2008, he received a sentence of 15 months in prison and three years of supervised release.

Private Foul: A First-Person Account of the Scandal That Rocked the NBA was published by Donaghy after his release from prison in 2009, and in 2021, he made his refereeing debut for MLW.

The historic dispute that rocked the sports world in the late 2000s will be the subject of an episode of the Netflix documentary series “Untold” in 2022.

Related Topics:-

Tim Donaghy Personal Life: Who He is Married?

Kimberly is his wife; they tied the knot in 1995.

tim donaghy net worth

After 12 years of marriage and four children, his wife filed for divorce. After he was exposed in the gambling incident, this occurred.

Infractions Involving Basketball Betting

Donaghy joined a country club during his officiating career and started a golfing group there. However, it didn’t take long for their antics to spread to the nearby casinos. Donaghy figured there was no harm in choosing a few NFL wins despite the fact that NBA officials were not authorised to wager.

Rapidly, Donaghy and his friend Jack Concannon made the situation much worse. They started placing wagers not only on NBA games, but also on games that Donaghy was the referee for. What started as a small number of wagers rapidly expanded into a sizable sum of cash. Donaghy had such a hard time keeping his riches a secret, even from his wife, that she eventually found out.

Once a classmate of Concannon’s, James Battista chose to enter the fray in 2006. Battista has promised to pay $2,000 to the victor if his pick wins. He started placing massive bets based on confidential information and quickly became wealthy. Time Donaghy Proportionate Value
In his previous job as an FBI agent, Phil Scala uncovered the leak of confidential NBA information. They started calling around and followed up on leads in April of 2007 and eventually tracked down Battista. Donaghy began aiding with the inquiry after a grand jury was convened in June.

On July 20, 2007, New York Post reporter Murray Weiss revealed the information to the public. Donaghy pled guilty to conspiracy to commit wire fraud and distributing gambling information and was given a 15-month prison sentence, although authorities were unable to prove that he tampered with the games.

He was given a federal prison term, fined $500,000, and ordered to pay back $30,000. And that wasn’t all: the judge also sentenced him to pay $233,317 in reparations to the NBA for allegedly tricking them, along with his two alleged co-conspirators.

Also Read:-Luke Bell Net Worth: What is the Cause of the Country Singer Death?

The NBA Change

After the 2007 NBA betting incident, the league made several changes to its officiating policies to ensure that officials would adhere to the rules.
The league also said it would give more counselling services and do more extensive background checks on officials. Officials have also started announcing in advance which games they will be working in an effort to lessen the impact of such information.

Frequently Asked Questions

Who’s Tim Donaghy?

Sportsperson is what people call Tim Donaghy. Tim Donaghy was born on January 7, 1967. He is 55 years old right now.

How Much Money Does Tim Donaghy Have?

Tim Donaghy is an athlete with a $3 Million net worth. He came into the world on January 7, 1967.

How Much Does Tim Donaghy Weigh?

Tim Donaghy, an athlete who has done well, weighs 72 kg. Read the above article to learn more about Tim Donaghy.

What is Tim Donaghy’s Height?

Tim Donaghy is an athlete and is 5 Feet 8 Inches tall.

Tim Donaghy is How Old?

He came into the world on January 7, 1967. Tim Donaghy has lived for 55 years.

Leave A Reply

Your email address will not be published.