Jeff Malone net worth: Jeff Malone is an American former professional basketball player who has a net worth of $6 million. Jeff Malone was born in Mobile, Alabama in June 1961. He was a 6'4″ shooting guard who played at Southwest High School. Malone played his college basketball for Mississippi State where he was named SEC Player of the Year and a third-team All-American NABC in 1983. Jeff Malone was drafted #10 overall by the Washington Bullets in the 1983 NBA Draft. He played for the Bullets from 1983 to 1990 and for the Utah Jazz from 1990 to 1994. Malone played for the Philadelphia 76ers from 1994 to 1996 and for the Miami Heat in 1996. He was selected to the NBA All-Rookie First Team in 1984 and was an NBA All-Star in 1986 and 1987. Jeff Malone was a coach in the IBL and NBA developmental leagues from 2000 to 2006.