Scottie Pippen Net Worth (Money & Salary)

Scottie Pippen Net Worth (Money & Salary)

Title: Scottie Pippen Net Worth (Money & Salary)
Last Updated: February 5, 2025


What is Scottie Pippen’s Net Worth?

A retired American professional basketball player, Scottie Pippen has a net worth estimated at $20 million. Over 17 seasons in the NBA, he earned $109 million purely from his salary, in addition to tens of millions from endorsements.

Pippen spent nine seasons with the Chicago Bulls, playing a key role in securing six NBA titles, including their record-setting 1995–96 season with 72 wins. He was a seven-time NBA All-Star and earned the MVP award for the NBA All-Star Game in 1994. Recognized as one of the 50 Greatest Players in NBA History during the 1996–97 season, he is also one of four players to have his jersey retired by the Chicago Bulls. Notably, Pippen is the only NBA player to have secured both an NBA title and an Olympic gold medal in the same year, achieving this feat twice in 1992 and 1996.

Contracts And Salary

Scottie Pippen is often regarded as the most underpaid NBA player in history, a statement that holds some truth but also some inaccuracies. Prior to the 1991 season, he signed a 7-year contract extension worth $18 million. Consequently, during the Bulls’ peak, while Michael Jordan earned over $30 million annually, Pippen received only $2.6 million. He later disclosed that he agreed to the contract to provide financial security for his family, having grown up in poverty as one of 12 children, with both a father and brother in wheelchairs.

This agreement became a source of disappointment for Pippen, who felt he deserved a revised contract after some time. Interestingly, his total NBA salary of $109 million surpassed Michael Jordan’s $94 million. Much of Pippen’s earnings stemmed from a five-year, $67.2 million contract with the Houston Rockets before the 1998-1999 season, followed by an additional $10 million upon returning to the Bulls for the last two seasons of his career.

Endorsements

In his early NBA career, Scottie wore Avia sneakers, but like Michael, he eventually transitioned to Nike. He launched several signature shoe lines with Nike, the most notable being the 1997 Pippen 1.

Additionally, he secured endorsement contracts with Ameritech Cellular TV, Coca-Cola, McDonald’s, Visa, Frito-Lay, and Right Guard.

Early Life

Born on September 25, 1965, in Hamburg, Arkansas, Scotty Maurice Pippen is the youngest of Ethel and Preston Pippen’s twelve children. His mother stood at 6 feet, while his father was 6 foot 1 inch, leading to all their children being relatively tall, with Scottie being the tallest. Pippen’s father worked at a paper mill until a stroke left him paralyzed on his right side, affecting both his mobility and speech. Scottie guided the Hamburg High School basketball team to state playoffs, earning all-conference honors in his senior year. However, no scholarship offers came, leading him to start at the University of Central Arkansas. Initially a 6’1″ freshman walk-on, he experienced a significant growth spurt and reached 6’8″, averaging 23.6 points, ten rebounds, 4.3 assists, and nearly 60% shooting during his college tenure.

Pippen was selected in the first round of the 1987 NBA Draft by the Seattle Supersonics. The Bulls sought him but didn’t have a high enough pick, prompting a trade with Seattle to acquire him.

Career

Scottie Pippen’s NBA career began on November 7, 1987, when the Chicago Bulls took on the Philadelphia 76ers in their season opener. He recorded 10 points, two steals, four assists, and one rebound in just 23 minutes of play. The Bulls emerged victorious.

won their season-opening game with a score of 104–94. During the 1988 NBA Playoffs, Pippen secured the starting small forward position, playing a crucial role in helping the Jordan-led Bulls reach the conference semifinals for the first time in more than ten years. In 1990, Pippen received his first NBA All-Star selection.

As the 1990-91 season unfolded, Pippen established himself as the main defensive stopper and a significant scoring threat. He achieved his initial triple-double on November 23 when the Bulls played against the Los Angeles Clippers, finishing the game with 13 points, 12 assists, and 13 rebounds in just 30 minutes, contributing to a 105–97 victory. For his contributions during the 1990–91 NBA season, Pippen was recognized with NBA All-Defensive Second Team honors. The Bulls subsequently triumphed over the Los Angeles Lakers in the 1991 NBA Finals, with Pippen helping to lead the team to their first three-peat, winning again in 1992 and 1993.

Pippen was essential in securing the Bulls’ second three-peat, as they won the NBA championships in 1996, 1997, and 1998.

In the lockout-shortened 1998–99 NBA season, after an impressive 11-year tenure with the Chicago Bulls, Pippen, who ranks as the second all-time leader in points, assists, and steals in the franchise’s history, was traded to the Houston Rockets for Roy Rogers and a second-round pick in the 2000 NBA draft. From 1998 to 2003, Pippen played for the Portland Trail Blazers. After the 2002–03 season, he departed from Portland to rejoin the Chicago Bulls. On July 20, 2003, Pippen signed a two-year contract worth $10 million with the franchise. He announced his retirement on October 5, 2004.

In January 2008, at the age of 42, Pippen made a short-lived return to professional basketball, touring Scandinavia and participating in two games for the top Finnish league team Torpan Pojat (ToPo) and the leading Swedish league team Sundsvall.

Pippen rejoined the Bulls as a team ambassador on July 15, 2010. In 2012, he was appointed senior advisor to Michael Reinsdorf, the Bulls’ president and COO. Regarded as one of the most versatile and agile players, Pippen is perhaps best remembered as one of the greatest defenders in basketball history. His strong work ethic and athletic build enabled him to consistently execute highlight-reel plays, which included applying defensive pressure, forcing turnovers, stealing the ball, and initiating a fast break that he completed with a powerful slam dunk.

Scottie PippenScottie Pippen

(Photo by Daniel Boczarski/Getty Images)

Olympic “Dream Team”

Pippen was selected to be part of the original Dream Team for the United States men’s Olympic basketball team in 1992, participating in the Olympics held in Barcelona, Spain. The U.S. won the gold medal, making Pippen and Michael Jordan the first players to claim both an NBA championship and an Olympic gold medal in the same year.

Personal Life

Over the years, Pippen has been married twice. He wed Karen McCollum in 1988, and they had a son named Antron in 1987 before divorcing in 1990. In 1997, he married Real Housewives of Miami star Larsa Younan, also known as Larsa Pippen. Together, they had four children: Scotty Jr. (2000), Preston (2002), Justin (2005), and Sophia (2008). The couple finalized their divorce in 2021.

Pippen also

has a daughter named Sierra Pippen (born 1995) with his previous fiancée Yvette De Leon, as well as a daughter named Taylor Pippen (born 1994) from his former girlfriend and model Sonya Roby. Tragically, Taylor’s twin sister, Tyler, passed away just nine days after her birth.

His son, Scotty Jr., currently plays for the Los Angeles Lakers, while his daughter, Sophia, made an appearance in the inaugural season of “Dancing with the Stars: Juniors.”

Financial Issues?

Throughout the years, there have been allegations regarding Scottie’s financial troubles at various stages after his retirement. Some sources have even claimed that Pippen was completely broke just a few years after leaving the NBA. Our investigations indicate that these allegations are largely exaggerated, if not entirely false. It’s worth noting, however, that Scottie has indeed faced some financial challenges.

The most significant challenge stemmed from a former financial advisor named Robert Lunn. In 2016, Pippen took legal action against Lunn, alleging that the advisor, who came highly recommended by the Bulls, mismanaged $20 million of his finances. Shortly after hiring Lunn, Pippen discovered that the advisor had taken his investments and engaged in bank fraud. Lunn reportedly transferred over $7 million to a friend with a dubious background to invest in real estate, which quickly went bankrupt, taking the funds with it.

Furthermore, Lunn is said to have advised Pippen to invest $4 million in a Gulfstream private jet, which turned out to be non-operational and required an additional $1 million in repairs before it could be used.

In March 2016, Lunn received a three-year prison sentence after being found guilty on multiple counts of fraud, including forging Pippen’s signature on a $1.4 million loan that Lunn used for personal debts.

Real Estate

In 2004, Scottie and Larsa Pippen purchased a 10,000-square-foot residence on 2.6 acres in the lakeside Chicago suburb of Highland Park for $2.225 million. He listed the property in 2016 for $3.1 million. After three years on the market, he reduced the asking price to $1.899 million. Constructed in 2003, the house features six bedrooms, five and a half bathrooms, a home theater, a sauna, a game room, a brick wine cellar, and a custom indoor basketball court adorned with a representation of Pippen’s Chicago Bulls jersey on the floor. During its time on the market, Pippen rented it out for over $16,000 a month. Finally, in late 2021, the property was sold for just under $2 million.

Additionally, Pippen once owned a mansion in South Florida that was listed for sale off and on for a decade, starting in 2010 with an initial price of $16 million. At one point, this residence was available for luxury rentals at $40,000 per month.

Situated in the exclusive neighborhood of Harbor Beach, the Venetian-style mansion boasts views of a canal leading directly to the ocean. Built in 2003, it features a pool, basketball court, gourmet kitchen, game room, media room, and scenic waterfront vistas.

Scottie successfully sold this property in September 2021 for $10.54 million.


Scottie Pippen Net Worth (Money & Salary)

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Data is sourced from the years 2023 and 2024, with forecasts extending to 2025 and 2026. We have also broadened the forecast data to include 2027 and 2028.

 



* This information was taken from various sources around the world, including these countries:

Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.

Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.

Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.

Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.

Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.

Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.

Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.

Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.

Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.

Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.

Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.

Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.

Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.


Post Title: Scottie Pippen Net Worth (Money & Salary)
Last Updated: February 5, 2025

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