Today, Scottie Pippen is well-known as a retired American basketball player who had ever played 17 seasons in the NBA. He played nine of his seasons with the Chicago Bulls. He won six of their NBA titles and their record 1995-1996 season of 72 wins.
He actually earned $109 million in salary alone during his season in the NBA. He also earned tens of millions more from endorsement. The public is tough to pinpoint for Pippen’s exact net worth, however, we really know that he really owns plenty of money in the bank. Then, how much Scottie Pippen money? Let’s see the fact below!
What Is Scottie Pippen’s Net Worth?
According to Celebrity Net Worth, Pippen’s net worth is roughly $20 milion as of 2021. However, The Richest presumed the forward is worth $50 million which is more in line with the assertion from his 2011 lawsuit.
During his time in the NBA, Pippen totally earned more than $100 million in salary, thanks to a sizable sign and trade deal. Regardless of Pippen’s net worth, he still might be overshadowed by Michael Jordan, one thing is clear that he totally has much money in the bank.
In fact, Pippen is often cast as nothing more than Robin to Michael Jordan’s Batman. While, they did work well together which robs Pippen of the credit he deserves.
How Does Scottie Pippen Make Money?
Even though it’s often said that Scottie Pippen is the most underpaid NBA player of all time, but in fact, he was a seven-time NBA All-Star as well as the NBA All-Star Game MVP in 1994.
During the 1996–97 season, Pippen was also named one of the 50 Greatest Players in the NBA. He is one of four players where his jersey was retired by the Chicago Bulls. In fact, he is the only NBA player which won an NBA title and Olympic gold medal in the same year twice.
Scottie signed a 7-year $18 million contract extension ahead of the 1991 season. That means during the peak of the Bulls, at a time when Jordan was earning $30+ million per year in salary, he was also earning $2.6 million.
Pippen later revealed that the contract created security for his family. However, he was raised in dirt poor, one of 12 children with both a father and a brother in wheelchairs. Luckly, his salary of $109 million in total NBA ended up being higher than Jordan’s salary of $94 million.
In addition, the majority of Scottie’s career came thanks to a five year $67.2 million contract with the Houston Rockets prior to the 1998 – 1999 season. He also earned an additional $10 million once returning to the Bulls during his final two career seasons.
Aside from earning money through his career in the NBA, he also endorsed plenty of sneakers which he used in his first few NBA seasons, that’s Nike. He then went to release several signature shoes with Nike, most notably 1997’s Pippen I.
Pippen also had endorsement deals with Coca-Cola, Right Guard, Visa, McDonald’s, Frito-Lay, and Ameritech Cellular TV.
How Does Scottie Pippen Spend Money?
Scottie Pippen mostly spends his money on real-estate. In fact, he and his wife, Larsa Pippen purchased a 10,000 square foot home on 2.6 acres in the lakefront Chicago suburb of Highland Park for $2.225 million in 2004. He then put the home on the market in 2016 for $3.1 million.
He lowered the price of $1.899 million after three years on the market. For more information, this home was built in 2003 which has 6 bedrooms, 5 bathrooms, 1 home movie theater, 1 game room, 1 sauna, 1 brick wine cellar and 1 custom-built indoor basketball court declared with Pippen’s Chicago Bulls jersey picture emblazoned on the floor.
Aside from the home, Pippen also has a mansion in South Florida which has been on and off the market since 2010 when it was listed for $16 million. Moreover, this mansion was offered as a royal rental for $40,000 a month.
Well, this Venetian-style mansion which is located in Harbor Beach as one of most exclusive neighborhoods in Fort Lauderdale comes with views of a canal, leading straight out to the ocean. This mansion was built in 2003 and also comes with a basketball court, game room, gourmet kitchen, a pool, a media room and waterfront views.
How Is Scottie Pippen Career Journey?
Scottie’s way to the pros started at the tiny University of Central Arkansas. Even though his school was far from a traditional powerhouse, however, he developed into a start that scouts couldn’t ignore him.
Scottie began his first debut in the NBA on November 7, 1987 when the Chicago Bulls faced Philadelphia as their first game of the season. In this tournament, Scottie finished the game with 10 points, 4 assists, 4 steals and 1 rebound in 23 minutes of play. He was an NBA All-Star selection for the first time in 1990.
Scottie appeared as the primary defensive stopper during the 1990 – 91 season which made it a huge scoring threat. When the Bulls faced the Los Angeles Clippers, he obtained his first triple-double on November 23 as he had 13 points, 12 rebounds, and 12 assists in 30 minutes in a 105 – 97 win.
For his effort in the 1990 – 91 NBA season, he was awarded NBA All-Defensive Second Team honors. Sure, he was instrumental in the Bulls’s second three-peat who won the NBA Championships in 1996, 1997 and 1998.
In the 1998-99 lockout-shortened NBA season, he was the second all-time leader in points, assists and steals in Bulls Franchise history which was traded to the Houston Rockets in exchange for Roy Rogers and a second-round pick in the 2000 NBA draft.
The Chicago Bulls were impressed by his development in 1987 and planned to acquire Pippen from the Seattle SuperSonics. During his rookie season, Michael Jordan mostly pushed him to improve. Later then, he developed into a star and made him capable of both stepping up as the Bulls’ number two scorer and also closing the opposition’s top threat on the defensive end.