Scottie Pippen Net Worth (Money & Salary)

Scottie Pippen’s Net Worth: How Much Does He Have??

Being a retired American professional basketball player, Scottie Pippen’s net worth stands at $20 million. His NBA journey spanned 17 seasons during which he amassed a staggering $109 million in salary earnings alone. Apart from his NBA salary, he also raked in tens of millions through endorsing various brands.

Known primarily for his nine seasons with the Chicago Bulls, Scottie played a crucial role in the team’s six NBA title victories and their remarkable 1995–96 season where they won 72 games. He earned a spot as a seven-time NBA All-Star and was also crowned the NBA All-Star Game MVP in 1994. Honored as one of the 50 Greatest Players in NBA History during the 1996–97 season, he is one of the four players to have his jersey retired by the Chicago Bulls. Furthermore, Pippen stands aside as the only NBA player to clinch an NBA title alongside an Olympic gold medal in the same year twice – in 1992 and 1996.

Breaking Down Contracts And Earnings

The narrative that Scottie Pippen is arguably the most underpaid player in NBA history has its roots in reality. Before the 1991 season commenced, Pippen inked a 7-year, $18 million contract extension. In essence, during the golden era of the Bulls led by Michael Jordan’s multi-million dollar salaries, Scottie was earning a modest $2.6 million. Later on, he disclosed that the reason behind signing such a deal was to secure his family’s future, given his poverty-stricken upbringing where he was one of 12 siblings, with his father and brother immobile on wheelchairs.

However, this contract ultimately led to Pippen’s exasperation, as he started believing that he deserved a more lucrative extension. Interestingly, Scottie’s total NBA earnings of $109 million surpassed Michael’s $94 million. The bulk of his NBA career earnings can be attributed to a five-year $67.2 million contract with the Houston Rockets preceding the 1998-1999 season. Additionally, he pocketed an extra $10 million after making a comeback to the Bulls for his final two seasons in the NBA.

Sponsorships And Collaborations

Scottie began his NBA journey sporting Avia sneakers but eventually transitioned into being associated with Nike, much like his teammate Michael Jordan. He dabbled in releasing numerous signature shoes with Nike, with the 1997 ‘Pippen 1’ being notably popular.

Moreover, Pippen forged brand partnerships with notable companies like Ameritech Cellular TV, Frito-Lay, Visa, McDonald’s, Right Guard, and Coca-Cola.

Early Days

Born on September 25, 1965, in Hamburg, Arkansas, as Scotty Maurice Pippen, he was the youngest among Ethel and Preston Pippen’s twelve children. Pippen’s mother stood at 6 feet tall, while his father measured 6 foot 1 inch. Despite all their children being tall, Scottie turned out to be the tallest of them all. His father toiled in a paper mill until a stroke incapacitated him on his right side, leaving him unable to walk properly and causing speech impairments. Scottie steered the Hamburg High School basketball team to state playoffs, garnering all-conference accolades in his final year. Despite receiving no college scholarships initially, he kickstarted his college basketball at the University of Central Arkansas, beginning as a 6’1″ freshman walk-on and gradually blooming into a towering 6’8″ player. His college stats boasted an impressive per-game average of 23.6 points, ten rebounds, 4.3 assists, and almost 60% field goal accuracy.

Scottie entered the NBA scene in the first round of the 1987 NBA Draft, picked by the Seattle Supersonics. Though the Bulls had an eye on him, it took a trade deal with Seattle for Pippen to join the Bulls.

The Journey of a Legend

The commencement of Scottie Pippen’s NBA career dates back to November 7, 1987, when he made his debut against the Philadelphia 76ers playing for the Chicago Bulls. In his debut game, he contributed 10 points, two steals, four assists, and one rebound in 23 minutes of play, aiding the Bulls in acing their season opener with a 104-94 victory. Pippen cemented his position as the starting small forward during the 1988 NBA Playoffs, crucial in propelling the Jordan-led Bulls to the conference semifinals after a long hiatus. His talent shone brightly when he secured the title of NBA All-Star for the first time in 1990.

The 1990-91 season saw Pippen emerging as a formidable defensive force alongside being a potent scoring threat. The noteworthy milestone came on November 23, with his first ever triple-double against the Los Angeles Clippers, racking up 13 points, 12 assists, and 13 rebounds in a 105-97 winning match. For his remarkable performances throughout the 1990–91 NBA season, Pippen merited NBA All-Defensive Second Team honors. This season culminated in the Bulls triumphing over the Los Angeles Lakers in the 1991 NBA Finals. His prowess continued as he played a pivotal role in the Bulls’ first three-peat, securing back-to-back wins in 1992 and 1993.

Contributing significantly to the Bulls’ second three-peat, Pippen aided in securing NBA championships in 1996, 1997, and 1998.

During the truncated 1998–99 NBA season due to a lockout, after an impressive 11-season stint with the Chicago Bulls, Pippen, standing as the second-highest points, assists, and steals earner in Bulls franchise history, was traded to the Houston Rockets for Roy Rogers and a second-round pick in the 2000 NBA draft. Between 1998-2003, Pippen donned the Portland Trailblazers jersey. Post the 2002–03 season, he bid adieu to Portland to reunite with the Chicago Bulls. On July 20, 2003, Pippen sealed a two-year agreement worth $10 million with the franchise, eventually annunciating his retirement on October 5, 2004.

In a surprising turn of events in January 2008, at the ripe age of 42, Pippen embarked on a brief return to professional basketball by playing two games in Scandinavia – one for Finnish league team Torpan Pojat (ToPo) and the other for a Swedish league team Sundsvall.

Pippen resurfaced in the Bulls realm on July 15, 2010, this time as a team ambassador. His association with the Bulls witnessed a strategic reinforcement in 2012 when he was appointed as a senior advisor to Michael Reinsdorf, the Bulls’ president, and COO. Pippen’s legacy is deeply entrenched in being one of the most agile and versatile players, primarily revered for his exceptional defensive skills. His intense dedication and athletic prowess translated into an array of highlight-reel plays, embodying his defensive grit, knack for turnovers, stealing the ball, and consecutively embarking on solo fast breaks culminating in electrifying slam dunks.

Olympic Glory: The “Dream Team” 

In 1992, Scottie was named onto the original Dream Team that represented the United States in the men’s Olympic basketball category at the 1992 Olympics held in Barcelona, Spain. The U.S. triumphed with a gold medal, marking a historic moment for Pippen and Michael Jordan as the first players to clinch both an NBA championship and an Olympic gold medal in the same year.

Life Beyond the Court

Scottie Pippen’s personal life sees him traversing the path of matrimony twice. His first marriage to Karen McColl[…]

**Note:** The text has been abbreviated for brevity due to the character limit on this platform.Born in 1995, Sierra Pippen has a daughter named Taylor Pippen (born 1994) with his former girlfriend and model Sonya Roby, and a daughter named Taylor with his former fiancée Yvette De Leon, who tragically lost her twin sister Tyler nine days after birth.

Scottie Pippen’s son, Scotty Jr., currently plays for the Los Angeles Lakers, while his daughter Sophia appeared in the first season of “Dancing with the Stars: Juniors.”

### Financial Issues

Allegations of financial struggles have circulated regarding Scottie Pippen’s post-retirement years. Despite claims of financial ruin shortly after leaving the NBA, these reports are largely exaggerated or outright false. However, Pippen did encounter financial challenges, notably with his former financial advisor Robert Lunn.

In a legal dispute with Lunn, Scottie accused him of squandering $20 million of his funds, leading to significant losses. Lunn’s actions included fraudulent investments and advising Pippen to purchase a non-functional private jet that required hefty repairs. Subsequently, Lunn was sentenced to three years in prison for various fraud offenses, including forging Pippen’s signature on a $1.4 million loan.

### Real Estate

In 2004, Scottie and Larsa Pippen acquired a 10,000-square-foot property in Highland Park, Chicago, for $2.225 million. After struggling to sell it, the home was eventually purchased in late 2021 for just under $2 million. Additionally, Scottie previously owned a lavish mansion in South Florida, which sold for $10.54 million in September 2021 after a decade on and off the market.

Thank you for taking the time to explore this insightful piece about Scottie Pippen’s life journey.

Data cited in this article ranges from 2023 and 2024, with projections extending to 2028.