Black billionaire Ulysses Lee “Junior” Bridgeman, a former NBA legend-turned-business mogul, has passed away at the age of 71. His death came after he experienced chest pains during a Leadership Luncheon on Scouting in Louisville, Kentucky.
Bridgeman was seen grabbing his chest and expressing pain during the luncheon on Louiseville television stations. Emergency medical personnel were then called, and he was taken away by an ambulance.
NBA commissioner Adam Silver sent his condolences via social media platform X, saying that “Junior was the ultimate entrepreneur who built on his impactful 12-year NBA playing career by becoming a highly respected and successful business leader.” He also sent heartfelt condolences to Junior’s wife, Doris, and their children, Eden, Justin and Ryan.
NBA Commissioner Adam Silver issued the following statement today regarding the passing of Milwaukee Bucks minority owner, NBA Africa investor and former NBA player Junior Bridgeman. pic.twitter.com/GlfFYq7T0E
— NBA Communications (@NBAPR) March 11, 2025
Early Life and Basketball Career
Born on September 17, 1953, in East Chicago, Indiana, Bridgeman’s basketball journey began at East Chicago Washington High School. There, he was part of the 1971 state championship team that went undefeated, showcasing his early promise on the court. He continued his basketball career at the University of Louisville, where he led the Cardinals to the 1975 Final Four and earned recognition as the Missouri Valley Conference Player of the Year in 1974 and 1975.
In the 1975 NBA Draft, Bridgeman was selected eighth overall by the Los Angeles Lakers. However, he was promptly traded to the Milwaukee Bucks as part of a deal that sent Kareem Abdul-Jabbar to the Lakers. Bridgeman spent the majority of his 12-year NBA career with the Bucks, becoming a reliable sixth man and averaging 13.6 points per game. His consistent performance earned him the honor of having his No. 2 jersey retired by the franchise.
Transition to Business and Entrepreneurial Success
While many athletes face challenges transitioning from sports to other careers, Bridgeman made this shift with remarkable success This hands-on experience laid the foundation for his post-basketball entrepreneurial endeavors. After retiring from the NBA in 1987, Bridgeman invested in franchise ownership, eventually operating over 450 restaurants, including Wendy’s and Chili’s locations.
His drive for business didn’t stop there. In 2016, Bridgeman sold his restaurant interests and ventured into the beverage industry, becoming a Coca-Cola bottler. He also acquired the iconic African American magazines Ebony and Jet, ensuring their continued legacy. These strategic moves culminated in Bridgeman attaining billionaire status, with Forbes estimating his wealth at $1.4 billion, making him one of approximately 14 Black billionaires in the United States.
Beyond his professional achievements, Bridgeman was deeply committed to philanthropy and community development. He served on various boards, including the PGA of America and the University of Louisville, and was a member of the Alpha Phi Alpha fraternity. His contributions extended to supporting scouting programs and other community initiatives in Louisville, reflecting his dedication to fostering growth and opportunity for others.
Legacy and Impact
Bridgeman’s life is a testament to the power of dedication, adaptability, and vision. He seamlessly transitioned from a successful sports career to become a titan in the business world. All while maintaining a focus on giving back to his community. His story serves as an inspiration, illustrating that with hard work and strategic planning, one can excel in multiple arenas.
As the community mourns his passing, it also celebrates a life marked by significant contributions to sports and business, ensuring that Junior Bridgeman’s legacy will endure for generations to come.
