Scottie Pippen Net Worth 2024: Biography, Real Estate, Salary

The Estimated net worth of former basketball small forward Scottie Pippen, an American, as of 2024 is $30 million. American professional basketball player Scottie is retired. After being named one of the 50 greatest players in NBA history for the 1996–97 season, he became well-known. He played with the Chicago Bulls and is best remembered for having a crucial part in the team’s six NA titles and record-setting 1995–96 season, during which they won a staggering 72 games. His yearly salary as of 2024 is $2 million. His basketball playing career and several endorsements provide the majority of his money. He inked a $18 million contract for a seven-year extension prior to the 1991 season. Scottie’s annual salary at the height of his Chicago Bulls career was $2.6 million, which was less than that of the other players.

Biography of Scottie Pippen

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What is the Net Worth of Scottie Pippen?

Scottie Pippen has a $20 million fortune. Pippen made $109 million in pay alone during his 17 years as an NBA player. He earned tens of millions more via endorsements. As of 2024, Scottie Pippen, an American retired basketball small forward, is projected to have a net worth of $30 million. See Scottie Pippen’s bio, wife, age, height, weight, and a tonne of other information. American professional basketball player Scottie is retired. After being named one of the 50 greatest players in NBA history for the 1996–97 season, he became well-known. He played with the Chicago Bulls and is best remembered for having a crucial part in the team’s six NA titles and record-setting 1995–96 season, during which they won a staggering 72 games.

Basketball player Scottie Pippen has a $30 million fortune. His yearly salary as of 2024 is $2 million. His basketball playing career and several endorsements provide the majority of his money. We will cover every data regarding Scottie Pippen’s earnings, career, net worth, personal life, etc. in this page. After all these years, he has earned a total of $109 million in NBA salaries. Before the 1998–1999 season, he signed a five-year, $67.2 million contract with the Houston Rockets, which accounted for the majority of his earnings. After playing his final two seasons with the Bulls, he was paid an extra $10 million.

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List of How Much Does Scottie Pippen Makes By Year

Why does Scottie Pippen have a $20 million Net Worth?

The topic of Scottie Pippen’s net worth may surprise some people. Despite earning over $100 million in the NBA, Pippen has a net worth of about $20 million. Poor financial decisions and child support are the main causes of this disparity between his salary and net worth. Pippen was sentenced to three years in prison after his financial advisor conned him out of $20 million.

Pippen also suffered a great financial loss on child support. Seven times an NBA All-Star, Pippen is the father of eight children from four different women. Nine days after their birth, one kid passed away, while the other passed away last year at the age of 33. Almost his whole career, Pippen has made child support payments.

Scottie Pippen Net Worth- Salary and Career Earnings

Everything you should know about Scottie Pippen’s earnings, contract, Net Worth and endorsement deals. On September 25, 1965, Scottie Pippen, an American professional basketball player, was born in Hamburg, Arkansas. Six NBA titles were won by him while he was a player for the Chicago Bulls (1991–1993, 1996–1998). Even though he played hoops in high school, Pippen’s height at graduation was barely 6 feet 1 inch (1.85 meters).

However, he had grown two inches (5 cm) by the time he enrolled at the University of Central Arkansas, and before being chosen for the team, he managed the basketball team

. By his senior year, he was the team’s best player, standing two meters and seven inches tall. The Seattle Supersonics, who had selected Pippen in the first round of the NBA draft, moved him to Chicago in 1987. He established himself as a mainstay in the Bulls starting lineup during his rookie campaign (1987–88). Pippen possessed a wide range of abilities.

He was able to defend the rim well because of his stature and strength, and he also had good shooting and ball handling abilities. Because of his strong defensive presence and deft footwork, Pippen was chosen eight times in his NBA career for the All-Defensive first team.

Scottie Pippen’s Contract

According to many, Scottie Pippen was the NBA player who received the lowest salary. Before the 1991 season, Scottie consented to an extension of his contract for $18 million for seven years. At the height of the Bulls’ success, when Michael Jordan earned over $30 million annually, Scottie earned $2.6 million. He would later claim that he did so to provide security for his family. He was one of twelve children, living in abject poverty and seeing his brother and father, who use wheelchairs. Pippen would soon grow weary of this arrangement. Afterwards, he thought he signed incorrectly and was entitled to another extension. Interestingly, Michael’s NBA salary of $94 million ended up being less than Scottie’s $109 million.

The majority of his career earnings came from a five-year, $67.2 million contract he signed with the Houston Rockets prior to the 1998–1999 season. He came back to the Bulls for his final two seasons as a player and made an extra $10 million.

Scottie Pippen Salary 

The estimated net worth of six-time NBA champion and iconic player Scottie Pippen is about $30 million. Even while this amount seems high given his stellar career and high income, there are a few things that account for the difference. Pippen earned an incredible $109.9 million in pay in just his 17 years in the NBA, more than even the legendary Michael Jordan. However, after retiring, his financial situation deteriorated. His money was severely depleted by a string of unfavorable events, such as paying large amounts of child support and using a bogus financial advisor.

Pippen was allegedly tricked out of more than $20 million by a dishonest financial advisor. Even after the advisor was found guilty and imprisoned, Pippen was never able to get his money back. His total net worth has been greatly damaged by these financial losses as well as his child support payments for his eight children from four different partnerships.

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Scottie Pippen Endorsements with Brands

Like Mike, Scottie wore Avia sneakers throughout his early NBA seasons before switching to Nike. One of his latter releases with Nike was the Pippen 1, which debuted in 1997. He also had endorsement deals with Ameritech Cellular TV, Frito-Lay, Coca-Cola, McDonald’s, Right Guard, and Visa. The Olympic ‘Dream Team’ and Scottie Pippen’s Basketball Career. Scottie Pippen played his first NBA game against the Philadelphia 76ers on November 7, 1987.

In his 23 minutes of play, he recorded 10 points, two steals, four assists, and one rebound in his debut. Bulls went on to prevail 104-94 in that game. As a starting small forward in the 1988 NBA Playoffs, Pippen helped the Jordan-led Bulls to their first conference semifinals appearance in over a decade. Pippen was selected as an NBA All-Star for the first time in 1990.

As Pippen’s NBA career progressed, he emerged as the team’s primary defensive stopper and a potent offensive threat in the 1990–91 season. In a 105–97 triumph over the Los Angeles Clippers on November 23, he achieved his first triple-double in 30 minutes of action with 13 points, 12 assists, and 13 rebounds. In 1990–91, he was named to the NBA All-Defensive Second Team. The Bulls defeated the Lakers in the NBA Finals of 1991. Thanks in part to his services, the Bulls went on to win their first three-peat in 1992 and 1993.

With NBA titles in 1996, 1997, and 1998, the Bulls’ second three-peat was made possible in large part by Pippen’s services. The Chicago Bulls’ second-all-time leader in points, assists, and steals was dealt to the Houston Rockets during the NBA lockout-shortened 1998–1999 season. Roy Rogers and a 2000 NBA draft selection were included in the deal. Pippen spent eleven seasons as a player for the Chicago Bulls.

From 1999 to 2003, Pippen was a player with the Portland Trailblazers. After the 2002–03 season, Pippen signed a contract with the Chicago Bulls and left Portland. On July 20, 2003, Pippen signed a $10 million, two-year contract with the franchise. On October 5, 2004, Pippen announced his retirement. In January 2008, at the age of 42, Pippen made a short trip back to the world of professional basketball, touring Scandinavia and participating in two games for Turpan Pooja (Toppo), the top club in the Finnish league, and Sundsvall, the top team in the Swedish league. He competed in the 1992 Summer Olympics in Barcelona, Spain, as a member of the men’s Olympic basketball team for the United States.

When the United States won the gold medal in the Olympics, Pippen and Michael Jordan became the first athletes to win an NBA championship and an Olympic gold medal in the same year.

The Michael Jordan and Scottie Pippen Beef

In his Unguarded memoir published in November 2021, Pippen stated, “They glorified Michael Jordan while not giving enough praise to me and my proud teammates.” Pippen said that Jordan’s The Last Dance docuseries left out too many of their colleagues. “What transpired mainly was Michael’s fault. The producers gave him editorial control over the final output. The paper could not have been made public otherwise. He was the protagonist as well as the director.

Scottie’s Financial Issues

It’s reasonable to argue that Pippen’s life wasn’t quite as perfect off the court as it was on. After retiring from the Chicago Bulls, the legendary player suffered ongoing financial difficulties. Scottie’s bankruptcy was even promptly reported by numerous media outlets. It turned out to be incorrect, though. Pippen was most defrauded by former financial advisor Robert Lunn. In 2016, Pippen sued Lunn, claiming the well-liked advisor—who was referred by the Bulls—had wasted $20 million of his funds.

Less than a year into Pippen’s relationship with Lunn, the advisor had embezzled his money and committed bank fraud. Lunn allegedly handed over $7 million to a friend with a questionable history so that he might invest in real estate. The real estate developer took the money with him and filed for bankruptcy almost immediately. Lunn reportedly recommended that Pippen invest $4 million in a private Gulfstream plane.

As it turned out, the jet was non-operational and needed $1 million more in repairs before it could be put to use once more. In March 2016, Lunn was sentenced to three years in jail for a number of fraud violations, including forging Pippen’s signature on a $1.4 million loan that he used to pay off personal obligations.

Scottie Pippen’s House and Real Estate

After being married to Larsa Pippen, Scottie Pippen bought a 10,000-square-foot house in Chicago’s Lakefront Highland Park area, which is located on 2.6 acres. But in 2016, Scottie put it up for sale for $3.1 million, citing marital discord. After the house was listed for three years, he lowered the price to $1.899 million. With six bedrooms, five and a half baths, a movie theatre, a sauna, a brick wine cellar, and an indoor basketball court featuring an image of Pippen’s Chicago Bulls jersey throughout, the 2003-built home has it all.

In late 2021, the house was eventually sold for just under $2 million. Once upon a time, Pippen was the proud owner of a $16 million house in South Florida. The house was once listed as a luxurious rental for forty thousand dollars a month.

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Summing it up:

As of 2024, American former basketball small forward Scottie Pippen’s projected net worth is $30 million. Scottie, an American basketball player, is no longer active. He gained notoriety after being listed as one of the 50 greatest players in NBA history during the 1996–97 campaign. As a member of the Chicago Bulls, he is most known for his pivotal role in the team’s six NA titles and their record-breaking 72-game winning season in 1995–96.

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