Former American professional basketball player Scottie Pippen has a net worth of $20 million as of 2023. Despite having career earnings exceeding $100 million, Pippen’s net worth is lower than expected, due to some unfortunate financial decisions and personal expenditures. Regarded as one of the greatest players in NBA history, Pippen’s financial journey has been as eventful as his sports career.
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Summary of Scottie Pippen Net Worth 2023
|Net Worth||$20 Million|
|Date of Birth||September 25, 1965|
|Profession||Basketball player, Actor|
|Nationality||United States of America|
|Career Earnings||$109 Million|
Deep Dive into Scottie Pippen’s Net Worth 2023
- Pippen’s career earnings from NBA salary alone stand at $109 million. His net worth is also bolstered by several endorsement deals with brands such as Nike, McDonald’s, and Coca-Cola.
- Despite his impressive earnings, Pippen’s net worth suffered due to a fraudulent financial advisor who defrauded him of over $20 million.
- His financial woes were compounded by substantial child support payments for his eight children from four different women.
- Pippen’s earnings potential was also affected by his seven-year, $18 million contract with the Chicago Bulls, which was significantly lower compared to his peers and his contribution to the team.
Scottie Pippen’s NBA Career
Pippen had a stellar 17-season career in the NBA, playing most of his years with the Chicago Bulls. He was instrumental in the Bulls winning six NBA titles and was a seven-time NBA All-Star.
Contracts and Salary
Pippen’s salary earnings from the NBA totalled $109 million, with a significant chunk coming from a five-year $67.2 million contract with the Houston Rockets and an additional $10 million from his final two seasons with the Bulls.
Post game Pip 💪🏾 pic.twitter.com/mE0kqHDpKR
— Scottie Pippen (@ScottiePippen) August 8, 2023
Throughout his career, Pippen had endorsement deals with several major brands, including Nike, Ameritech Cellular TV, Frito-Lay, Visa, McDonald’s, Right Guard, and Coca-Cola.
Pippen suffered significant financial losses due to a fraudulent financial advisor. He also spent a significant portion of his earnings on child support for his eight children.
Pippen’s real estate portfolio included properties in Chicago and South Florida, which were both sold in 2021 for under their initial asking prices.
Despite his illustrious career and substantial earnings, Scottie Pippen’s net worth stands at $20 million as of 2023. His financial journey serves as a cautionary tale about the importance of sound financial advice and planning.
1. What is Scottie Pippen’s net worth in 2023?
Scottie Pippen’s net worth in 2023 is $20 million.
2. What were Scottie Pippen’s career earnings from the NBA?
Scottie Pippen earned $109 million in salary from his NBA career.
3. How did Scottie Pippen lose a significant portion of his earnings?
Scottie Pippen lost over $20 million due to a fraudulent financial advisor and spent a considerable amount on child support.
4. How many NBA titles did Scottie Pippen win?
Scottie Pippen won six NBA titles with the Chicago Bulls.
5. What endorsement deals did Scottie Pippen have?
Scottie Pippen had endorsement deals with several brands, including Nike, McDonald’s, and Coca-Cola.
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