Scottie Pippen Net Worth: Scottie Pippen is a $20 million net worth retired American professional basketball player. Scottie Pippen played in the NBA for 17 years. During that time, he earned a total of $109 million in salary. Endorsements brought him tens of millions more.
Scottie Pippen spent nine years with the Chicago Bulls. He played a key role in the Bulls’ six NBA titles and their record-breaking 72-win season in 1995-96. He was a seven-time NBA All-Star and the 1994 NBA All-Star Game MVP. During the 1996-97 season, he was named one of the 50 Greatest Players in NBA History, and he is one of four players whose jersey has been retired by the Chicago Bulls. Pippen is the only NBA player to have won both an NBA championship and an Olympic gold medal in the same year (1992, 1996).
Scottie Pippen Net Worth and Profile Summary
|Date of Birth:||Sep 25, 1965|
|Age:||[get_age month=9 day=25 year=1965] old|
|Place of Birth:||Hamburg, United States of America|
|Occupation:||Former Basketball player|
|Scottie Pippen Net Worth:||$20 million|
|Height:||6 ft 7 in (2.03 m)|
|Weight:||227 lbs. (103.4 kg.)|
Scottie Pippen Net Worth
Scottie Pippen has an estimated net worth of $30 million. Scottie is a former professional basketball player from the United States. He rose to prominence after being named one of the 50 greatest players in NBA history in 1996-97. He was a member of the Chicago Bulls and is well known for his role in the Bulls winning six titles and setting a record season with 72 wins in 1995-96.
Salary and Contracts
Scottie Pippen is widely regarded as the most underpaid NBA player of all time. That is partially true and partially false. Scottie signed a seven-year, $18 million contract extension before the 1991 season. In other words, during the Bulls’ peak, when Michael Jordan was earning $30 million or more per year, Scottie was earning $2.6 million. He’d later admit that he signed the contract to provide security for his family. He grew up dirt poor, one of 12 children, with a wheelchair-bound father and brother.
This contract would become a source of annoyance for Pippen. He later felt he had signed a bad contract and deserved a new extension. Surprisingly, Scottie’s total NBA salary of $109 million ended up being higher than Michael’s $94 million. The Houston Rockets signed him to a five-year, $67.2 million contract prior to the 1998-1999 season, which accounted for the majority of his career earnings. After returning to the Bulls for his final two seasons, he earned an additional $10 million.
Scottie wore Avia sneakers during his first few NBA seasons before switching to Nike. He would go on to release several Nike signature shoes, the most notable of which was the Pippen 1 in 1997. He was also an Ameritech Cellular TV, Frito-Lay, Visa, McDonald’s, Right Guard, and Coca-Cola endorser.
Real Estate Investment
Scottie and Larsa Pippen paid $2.225 million for a 10,000-square-foot home on 2.6 acres in the lakefront Chicago suburb of Highland Park in 2004. In 2016, Scottie listed it for $3.1 million. He reduced the price to $1.899 million after three years on the market. The home, which was built in 2003, has six bedrooms, five and a half bathrooms, a home movie theater, sauna, game room, brick wine cellar, and a custom-built indoor basketball court with a picture of Pippen’s Chicago Bulls jersey emblazoned on the floor.
Pippen previously owned a South Florida mansion that was listed for $16 million in 2010 and was on and off the market for a decade. The house was once offered as a luxury rental for $40,000 per month.
The Venetian-style mansion is in Harbor Beach, one of Fort Lauderdale’s most prestigious neighborhoods. It has views of a canal that leads directly to the ocean. The home, which was built in 2003, has a pool, a basketball court, a gourmet kitchen, a game room, a media room, and waterfront views. Scottie eventually sold this home for $10.54 million in September 2021.
Scottie is said to have had financial problems after retiring at various points over the years. Some media outlets have claimed that Pippen was bankrupt just a few years after retiring from the NBA. Those claims, according to our sources, are greatly exaggerated or outright lies. That’s not to say Scottie hasn’t hit some financial snags.
The most significant stumbling block came from a former financial advisor named Robert Lunn. In 2016, Pippen sued Lunn, claiming that the Bulls’ highly recommended advisor squandered $20 million of his money. Pippen discovered that Lunn had taken his investments and committed bank fraud less than a year after hiring him.
Lunn allegedly gave more than $7 million to a friend with a questionable background in order for him to invest in real estate. Almost immediately, the real estate developer declared bankruptcy, taking the money with him.
Lunn is also said to have advised Pippen to invest $4 million in a Gulfstream private jet. The jet was discovered to be non-operational and required an additional $1 million in repairs to be airworthy. Lunn was sentenced to three years in prison in March 2016 for multiple counts of fraud, including forging Pippen’s signature on a $1.4 million loan that Lunn used to pay off personal debts.
Michael Jordan and Scottie Pippen are largely regarded as one of the greatest basketball duos of all time. For slightly more than a decade (1987-1993, 1994-1998), the Chicago Bulls pair shared the same locker room and led the franchise to six championships in eight years.
During their playing days, the Jordan-Pippen duo was as dominant as it could be, dominating the league on a nightly basis. Among their many accomplishments are 21 All-Star appearances, 18 All-NBA selections, 19 All-Defensive selections, 4 steal titles, 51,232 career points, and 14,166 rebounds.
Fans of these two legends come from all over the world. However, Las Vegas is the only city where people dislike the Bulls’ icons for an odd reason.
“In Vegas, they are called ‘No Tippin Pippen’ and ‘Hoarding Michael Jordan’” says Steve Schirripa. The pair earned a total of $204 million over the course of their careers. They now have a combined worth of over $2.22 billion. Despite their deep pockets, Pip and MJ have a bad reputation in Las Vegas for being too generous and tipping too much.
In an appearance on the “Talking Sopranos” podcast, actor Steve Schirripa revealed what the two HOFers are known as in Vegas. Steve revealed the following about their reputation: “Most guys, the celebrities, think you’re doing them a favor and they don’t tip. Nothing. They won’t tip. … Scottie Pippen, they call him in Vegas, ‘No Tippin’ Pippen.’ And they call Michael Jordan, ‘Hoarding Michael Jordan.’ These guys have unlimited money.”
Schirripa went on to discuss Kobe Bryant’s tipping habits and how he would tip extremely generously. There is nothing inherently wrong with saving money. If not on the court, “His Airness” and Scottie have demonstrated human-like behavior off the court.
Scotty Maurice Pippen was born in Hamburg, Arkansas, on September 25, 1965. He is the youngest of 12 children born to Ethel and Preston Pippen. Pippen’s mother stood 6 feet 1 inch tall, and his father stood 6 feet 1 inch. Scottie was the tallest of the family’s children. Scottie’s father worked in a paper mill until a stroke rendered him paralyzed on his right side. He was unable to walk and his speech was impaired.
Scottie guided the Hamburg High School basketball team to the state championship game. In his senior year, he was named all-conference. Pippen was not offered any college scholarships. He began his career at the University of Central Arkansas. As a freshman walk-on, Pippen was 6’1″. He had a growth spurt and grew to be 6′ 8′′ tall. In college, he averaged 23.6 points, 10 rebounds, 4.3 assists, and nearly 60% field goal shooting.
The Seattle Supersonics selected Pippen in the first round of the 1987 NBA Draft. The Bulls were interested in him, but their draft pick was too high. To acquire Pippen, the team arranged a trade with Seattle.
Pippen was married twice, the first time to Karen McCollum in 1988. They divorced in 1990 after having a son named Antron. In 1997, he married Real Housewives of Miami star Larsa Younan, AKA Larsa Pippen. Scotty Jr. (2000), Preston (2002), Justin (2005), and Sophia (2006) were their four children (2008).
Pippen also has a daughter, Sierra Pippen (born 1995), with his ex-fiancée Yvette De Leon, as well as a daughter, Taylor Pippen (born 1994), with his ex-girlfriend and model Sonya Roby. Tyler, Taylor’s twin sister, died nine days after birth.
Scottie Pippen has six NBA titles to his name. Pippen is widely considered to be one of the best small forwards of all time. He has been named to the All-NBA First Team three times, the All-NBA Second Team twice, the All-NBA Third Team twice, the NBA All-Defensive First Team eight times, and the NBA All-Defensive Second Team twice. Scottie Pippen’s net worth is $20 million as of [month] [year].