Scottie Pippen’s Net Worth 2024: How rich is the Chicago Bulls legend?
Scottie Pippen had a stellar NBA career and is widely regarded as one of the best players of his generation. Across his 17 seasons in the NBA, the Chicago Bulls’ legend had amassed a significant fortune. So exactly where does Scottie Pippen’s net worth stand in 2023?
Drafted in 1987 by the Seattle SuperSonics, Scottie Pippen would start his professional career with the Chicago Bulls after being traded on draft night. His spectacular 11 seasons with the franchise would see him reach six NBA Finals, winning all six alongside Michael Jordan.
Despite his career earnings amounting to over a hundred million, Pippen has perhaps not been able to retain as much in net worth. Following his retirement, the NBA legend has invested in quite a few different businesses. Here’s what you need to know about Scottie Pippen’s net worth in 2023.
Also Read: How many times has Micheal Jordan been married? Details about NBA GOAT’s Wives
Scottie Pippen’s Net Worth
Scottie Pippen’s net worth stands at an estimated $20 million as of 2023. Pippen has amassed a significant amount of his fortune from NBA salaries and player contracts. But following his retirement, the Bulls’ lost a good deal of money in bad investments. He was subject to poor financial advising and lost about $18 million over investments that went south. Pippen was also the victim of financial fraud by his advisor, who would later face three years’ prison time.
Moreover, the fact that Pippen had to pay a good deal of fortune in child support for the eight children he had with four partners is also somewhat responsible for his somewhat underwhelming net worth. Nevertheless, Scottie Pippen is still among the wealthiest personalities of his generation, and here’s how he made his fortune.
Contracts & salary
Scottie Pippen earned a large portion of his wealth during his time in the NBA. His career earnings from player salaries amount to about roughly $109.9 million. The most expensive contract he had signed in his career was worth $67.2 million with the Bulls in January 1999.
Pippen had signed the longest contract of his career worth $18 million across seven seasons. Although it is often argued that Pippen should have opted for a shorter contract which could see him make much more per annum, he was arguably their second-best star.
Endorsements
One of the best and most popular players of his time, Scottie Pippen, has partnered with various brands over the years. His endorsement deals signed with renowned names include Nike, Ameritech Cellular TV, and Coca-Cola among others.
Pippen has also partnered with Frito-Lay, Visa and McDonald’s. The small forward sported Nike shoes during his days alongside Michael Jordan. Pippen’s endorsement deals have added significantly to his overall net worth throughout the years.
Investments in Business
Scottie Pippen has invested across different business firms following his retirement. Unfortunately for the Bulls’ legend, most of his investments went south and he lost a good deal of money as a result. Nevertheless, Scottie Pippen still has quite a few business assets across the States. He launched his own alcohol brand in 2021 named DIGITS Bourbon, among his other successful investments.
Car Collection
Scottie Pippen’s small yet sauve car collection is a statement of wealth itself. His automobile collection includes a Mercedes-Benz G-Class, a 911 Porsche Turbo Cabriolet and a Ferrari that he absolutely adores. Truly, an impressive garage!
FAQs
How much is Scottie Pippen’s net worth?
Scottie Pippen has a present net worth of about $20 million.
How many Championships has Scottie Pippen won?
Scottie Pippen has won six NBA Championships in his career.
Is Scottie Pippen married?
Scottie Pippen has not remarried since he split with his ex-wife Larsa Pippen.
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