Scottie Pippen Net Worth (Money & Salary)
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Title: Scottie Pippen Net Worth (Money & Salary)
Last Updated: February 9, 2025
What is Scottie Pippen’s Net Worth?
Scottie Pippen, a retired American professional basketball player, boasts a net worth of $20 million. Over his 17-season NBA career, he earned $109 million strictly from his salary. Additionally, he accrued tens of millions more through endorsements.
Scottie Pippen spent nine seasons with the Chicago Bulls, playing a crucial role in their acquisition of six NBA titles and achieving a record 72 wins during the 1995–96 season. He was a seven-time NBA All-Star and won the NBA All-Star Game MVP award in 1994. Recognized as one of the 50 Greatest Players in NBA History in the 1996–97 season, he is among four players to have his jersey number retired by the Chicago Bulls. Notably, Pippen is the only NBA player to have captured both an NBA title and an Olympic gold medal in the same year on two occasions (1992, 1996).
Contracts And Salary
There’s a common belief that Scottie Pippen is the most underpaid player in NBA history, which holds some validity. Before the 1991 season, he signed a 7-year contract extension worth $18 million. Essentially, during a period when Michael Jordan earned over $30 million per year, Scottie was making merely $2.6 million. He later disclosed that he signed this deal to ensure his family’s financial stability, having grown up in poverty as one of 12 children, with both a father and brother using wheelchairs.
This agreement became a point of contention for Pippen, as he felt he had settled for a poor contract and deserved a better extension. Interestingly, despite this, Scottie’s total NBA earnings of $109 million surpassed Michael’s $94 million. A significant portion of his career income came from a five-year $67.2 million deal with the Houston Rockets before the 1998-1999 season, followed by an additional $10 million upon rejoining the Bulls in his final two seasons.
Endorsements
In the early stages of his NBA career, Scottie initially wore Avia sneakers but eventually switched to Nike, like Michael Jordan. He later released multiple signature shoes with Nike, including the notable Pippen 1 in 1997.
His endorsement portfolio also included partnerships with Ameritech Cellular TV, Frito-Lay, Visa, McDonald’s, Right Guard, and Coca-Cola.
Early Life
Scotty Maurice Pippen was born on September 25, 1965, in Hamburg, Arkansas, being the youngest among the 12 children of Ethel and Preston Pippen. Both parents were tall, with his mother standing at 6 feet and his father at 6 foot 1 inch. Among the siblings, Scottie was the tallest. His father worked in a paper mill until a stroke left him paralyzed on one side, affecting his mobility and speech. Scottie led his Hamburg High School basketball team to the state playoffs, earning all-conference honors in his senior year. He didn’t receive any scholarships to pursue college basketball and started at the University of Central Arkansas as a walk-on at 6’1″. After a growth spurt, he reached a height of 6′ 8″. In college, he averaged 23.6 points, ten rebounds, 4.3 assists, and nearly 60% shooting from the field per game.
Pippen was chosen in the first round of the 1987 NBA Draft by the Seattle Supersonics. Although the Bulls held interest in him, their draft pick was insufficient. The team orchestrated a trade with Seattle to secure Pippen’s rights.
Career
Scottie Pippen made his NBA debut on November 7, 1987, when the Chicago Bulls faced the Philadelphia 76ers in their inaugural season game. In 23 minutes on the court, he recorded 10 points, two steals, four assists, and one rebound, contributing to the Bulls’ victory.
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started his season with a victory in the opening game, defeating their opponents 104–94. During the 1988 NBA Playoffs, Pippen secured the starting small forward role, aiding the Jordan-led Bulls in reaching the conference semifinals for the first time in over ten years. In 1990, he achieved his first selection as an NBA All-Star.
Through the 1990-91 season, Pippen stood out as both the main defensive specialist and a significant scoring contributor. On November 23, he recorded his first triple-double against the Los Angeles Clippers, scoring 13 points, dishing out 12 assists, and grabbing 13 rebounds in just 30 minutes, contributing to a 105–97 victory. For his outstanding performance in the 1990–91 NBA season, Pippen earned a spot on the NBA All-Defensive Second Team. Subsequently, the Bulls triumphed over the Los Angeles Lakers in the 1991 NBA Finals, where he played a critical role in securing their first three-peat, winning championships in 1992 and 1993 as well.
He played a pivotal role in the Bulls’ second three-peat, clinching NBA championships in 1996, 1997, and 1998.
After spending 11 seasons with the Chicago Bulls, Pippen was traded to the Houston Rockets at the start of the 1998–99 lockout-shortened NBA season. He ranked second all-time in points, assists, and steals in Bulls franchise history at the time of his trade, which included sending Roy Rogers and a second-round pick in the 2000 NBA draft to Chicago. From 1998 to 2003, Pippen played with the Portland Trail Blazers. Following the 2002–03 season, he left Portland to rejoin the Chicago Bulls, signing a two-year contract worth $10 million on July 20, 2003. Pippen 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 with top Finnish league team Torpan Pojat (ToPo) and top Swedish league team Sundsvall.
On July 15, 2010, Pippen returned to the Bulls as a team ambassador. The following year, he became senior advisor to Michael Reinsdorf, the Bulls’ president and COO. Pippen is celebrated as one of the most versatile, agile players and is especially recognized as one of the greatest defenders in basketball history. His rigorous 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 fast breaks that he often concluded with a stunning slam dunk.
(Photo by Daniel Boczarski/Getty Images)
Olympic “Dream Team”
Pippen was selected for the original Dream Team representing the United States men’s Olympic basketball team in 1992, competing in the Olympics held in Barcelona, Spain. The United States secured the gold medal, and Pippen, along with Michael Jordan, became the first players to achieve both an NBA championship and an Olympic gold medal in the same year.
Personal Life
Pippen has experienced two marriages. His first marriage was to Karen McCollum in 1988, and they had a son named Antron in 1987 before divorcing in 1990. His second marriage was to Larsa Younan, known as Larsa Pippen, in 1997. Together they had four children: Scotty Jr. (2000), Preston (2002), Justin (2005), and Sophia (2008). The couple divorced in 2021.
Pippen also
has a daughter named Sierra Pippen (born 1995) with his ex-fiancée Yvette De Leon and another daughter, Taylor Pippen (born 1994), with former girlfriend and model Sonya Roby. Unfortunately, Taylor’s twin sister, Tyler, passed away nine days after their birth.
His son, Scotty Jr., is a player 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, allegations have surfaced suggesting that Scottie faced financial difficulties at different times after retiring. Some reports have even gone as far as to assert that Pippen was nearly broke just a few years following his NBA career. According to our sources, these assertions are largely overstated or completely false. However, it is important to acknowledge that Scottie has encountered some financial hurdles.
The most significant challenge arose from a former financial advisor, Robert Lunn. In 2016, Pippen took legal action against Lunn, alleging that the highly recommended advisor from the Bulls mishandled $20 million of his finances. Less than a year after hiring Lunn, Pippen discovered that the advisor had mismanaged his investments and engaged in bank fraud. Allegedly, Lunn funneled over $7 million to a friend with a dubious background for real estate investments. Unfortunately, the real estate developer went bankrupt almost immediately, absconding with the funds.
Lunn also allegedly advised Pippen to spend $4 million on a Gulfstream private jet, which ultimately turned out to be non-functional and required an extra $1 million in repairs to make it operational.
In March 2016, Lunn received a three-year prison sentence for multiple counts of fraud, including forging Pippen’s signature on a $1.4 million loan that he used to settle his personal debts.
Real Estate
In 2004, Scottie and Larsa Pippen purchased a 10,000-square-foot house on 2.6 acres in the lakeside suburb of Highland Park, Chicago, for $2.225 million. He listed the property for sale in 2016 at $3.1 million. After three years without a sale, he reduced the asking price to $1.899 million. Constructed in 2003, this residence features six bedrooms, five and a half bathrooms, a home theater, a sauna, a game room, a brick wine cellar, and a custom-designed indoor basketball court that displays Pippen’s Chicago Bulls jersey on the floor. While it remained unsold, Pippen rented the home for more than $16,000 a month. Finally, in late 2021, the house was sold for just under $2 million.
Pippen previously owned a mansion in South Florida that was listed intermittently for a decade, starting in 2010 with an asking price of $16 million. At one time, the property was offered as a luxury rental for $40,000 per month.
The Venetian-style mansion is situated in Harbor Beach, one of the most prestigious areas in Fort Lauderdale. It boasts views of a canal that directly leads to the ocean. Built in 2003, the property includes a pool, basketball court, gourmet kitchen, game room, media room, and beautiful waterfront views.
Scottie ultimately sold this home in September 2021 for $10.54 million.
Scottie Pippen Net Worth (Money & Salary)
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The data covers the years 2023 and 2024, with projections extending to 2025 and 2026. Furthermore, we have also included forecast data for 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 9, 2025