• Doc Rivers was fired as Clippers head coach after the team's playoffs collapse
  • Rivers has an estimated net worth of $50 million
  • He has bought several properties, including a Malibu beachfront home worth $13 million, and sold some of them

Doc Rivers was fired as head coach of the Los Angeles Clippers, but his massive fortune could offset the temporary loss of income.

Rivers has an estimated net worth of $50 million, according to Celebrity Net Worth. He has owned several properties in recent years that he tried to flip for profits.

Rivers acquired a condo worth $5.5 million in 2014 and sold it in the same year. He also bought a Hollywood Hills mansion for $8.2 million in 2014 and tried to sell it for $12 million last year, Los Angeles Times reported.

The 58-year-old also has a beachfront home in Malibu that carries a $13 million price tag. The property was once owned by TV exec Don Ohlmeyer, a report from Variety revealed. He has put up the property for sale, but no one has snapped it up as of writing.

Meanwhile, Rivers will have no shortage of suitors who will be looking to get him as head coach next season. According to The New York Times, he ended his tenure with the Clippers with a respectable 356-208 win-loss record, but it could be argued he could have achieved a lot more with the roster he was blessed with.

The Clippers once paraded Blake Griffin, Chris Paul, DeAndre Jordan, Jamal Crawford, Paul Pierce and Josh Smith. However, this team suffered a first-round exit against the Portland Trail Blazers. The team retooled in 2019 and gave away the future to win now.

Kawhi Leonard chose the other team in L.A. instead of forming a super team with LeBron James and Anthony Davis at the Lakers. The Klaw handpicked Paul George as the teammate he wants to try to win a title with. The Clippers traded five future 1st round picks and two players to the Oklahoma City Thunder to sign George.

With Lou Williams, Montrezl Harrell, Ivica Zubac, Pat Beverley and Marcus Morris Sr., the team looked good on paper and one of the early bets to be the Best of the West. Unfortunately, the Clippers exited the playoffs against the Denver Nuggets despite having a commendable 3-1 lead and having multiple double-digit leads in ball games.

Team owner Steve Ballmer had seen enough and fired coach Rivers in the aftermath of the colossal postseason collapse. But while Rivers is out of a job, fans need not worry as the former Coach of the Year won't have a hard time finding new employers given his credentials.

However, if he decides to take a break from coaching or retire, he is already set for life with his massive net worth.

Doc Rivers Clippers Lakers
Doc Rivers of the LA Clippers celebrates a basket from Tobias Harris #34 to tie the game 112-112 with the Los Angeles Lakers during a 123-120 Laker win at Staples Center on January 31, 2019 in Los Angeles, California. Harry How/Getty Images