Scottie Pippen’s Net Worth 2022 Contracts and Salary!

Scottie Pippen, a former NBA player for the United States, is worth $20 million after he hung up his sneakers. For 17 years, Scottie Pippen was a mainstay in the NBA. Over that time, he amassed a total of $109 million in salary and bonuses. The money he made from endorsements was in the tens of millions.

The Chicago Bulls were Scottie Pippen’s home for nine seasons of his career. He played a major role in the Bulls’ record-setting 72-win season in 1995-96 and their six NBA championships that year. Seven times he made the NBA All-Star team, and in 1994 he was named the league’s Most Valuable Player.

In 1996–97, he was recognized as one of the 50 greatest players in NBA history, and he is one of only four players to have his jersey retired by the Chicago Bulls. To this day, Pippen is the only NBA player to ever win both an NBA championship and an Olympic gold medal in the same calendar year twice (1992, 1996).

Scottie Pippen’s Net Worth

Scottie Pippen’s Contracts And Salary.

Scottie Pippen has been called the greatest underappreciated NBA player of all time. In a way, that is true, but it’s also not entirely accurate. Scottie extended his deal by seven years and $18 million before the 1991 season. In other words, while Michael Jordan was making $30+ million per year during the Bulls’ heyday, Scottie was making just $2.6 million.

Later, he’d explain that he’d signed the contract so that his loved ones wouldn’t have to worry about his job. He was one of 12 kids, and his father and brother were both disabled, thus life was tough for him as a kid.

In the end, Pippen was left frustrated by the terms of this contract. Years later, he realized he’d made a mistake and started lobbying for a new contract. Scottie’s overall NBA salary of $109 million ended up being more than Michael’s total of $94 million.

Before the 1998–1999 NBA season, he signed a five-year, $67.2 million contract with the Houston Rockets, which accounted for the vast majority of his career earnings. After he came back to the Bulls for his final two seasons, he made an extra $10 million.

Antron Pippen (Scottie Pippen’s son), Dead, Bio, Age, Father, Mother, Siblings and Net Worth https://t.co/nDe8RigZo6 pic.twitter.com/Xf7FtVLNan

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Scottie Pippen’s Endorsements.

Scottie wore Avia shoes throughout his first few seasons in the NBA, but he switched to Nike as Mike did. He would go on to have a string of signature Nike sneakers, beginning with the Pippen 1 in 1997.

In addition to Ameritech Cellular TV, Frito-Lay, Visa, McDonald’s, Right Guard, and Coca-Cola, he had endorsement deals with these and other companies.

Scottie Pippen’s Early Life.

In the small town of Hamburg, Arkansas on September 25th, 1965, a baby boy was born named Scotty Maurice Pippen. He is the last born of Ethel and Preston Pippen’s dozen kids. Both of Pippen’s parents were over six feet tall. Although all of their kids were tall, Scottie towered over the rest.

Scottie’s father used to work in a paper mill, but a stroke left him partially paralyzed on his right side. His speech and mobility both deteriorated. Scottie took his basketball team from Hamburg High School to the state tournament. In his final year of high school, he was recognized as a member of the all-conference team.

Pippen did not receive any financial aid for further education. Initially, he was a player for Central Arkansas College. In his first year as a walk-on, Pippen towered over the competition at 6 feet, 1 inch. His sudden growth spurt made him towering 6 feet, 8 inches. He averaged 23.6 points, 10 rebounds, 4.3 assists, and over 60% shooting from the field per game in college.

The Seattle Supersonics picked Pippen in the first round of the 1987 NBA Draft. Although the Bulls wanted to take him, their selection was too high. So that they could get Pippen, the club made a deal with Seattle.

During the 1990–91 NBA season, Pippen made significant contributions to the defense of the Chicago Bulls, earning him a spot on the league’s All-Defensive Second Team. Finally, in the 1991 NBA Finals, the Bulls prevailed over the Los Angeles Lakers. For the first time in franchise history, he led the Bulls to a three-peat, as they repeated as champions in 1992 and 1993.

As the starting point guard for 1996, 1997, and 1998 NBA champion Chicago Bulls, Pippen played a crucial role in the team’s second consecutive three-peat. After eleven seasons with the Chicago Bulls, Pippen was moved to the Houston Rockets in exchange for Roy Rogers and a second-round pick in the 2000 NBA lottery.

Pippen ranks second all-time in points, assists, and steals for the Bulls franchise. The 1998–1999 NBA season was abbreviated due to a lockout. For the Portland Trailblazers, Pippen suited up from 1998 to 2003. Pippen left Portland for the Chicago Bulls after the 2002–03 season.

Pippen signed a $10 million contract with the team for two years on July 20, 2003. Pippen announced his retirement on October 5, 2004. At age 42, Pippen returned to professional basketball for a couple of games in January 2008, playing for the top teams in the Finnish league (Torpan Pojat; ToPo) and the top club in the Swedish league (Sundsvall).

On July 15, 2010, Pippen rejoined the Bulls, this time in the role of team ambassador. Michael Reinsdorf, the president, and chief operating officer of the Bulls, appointed him to the position of senior advisor in 2012.

Pippen is widely regarded as one of the game’s most adaptable and nimble players, as well as one of the all-time great defenders. He would apply defensive energy, force a turnover, steal the ball, and then start a one-man fast break, capping it off with a devastating slam dunk thanks to his athletic build and work ethic.

Scottie Pippen’s Olympic “Dream Team” 

His 1992 Olympic basketball team, the United States men’s squad, was known as the “Dream Team.” They competed in Barcelona, Spain. In doing so, Pippen and Michael Jordan made history as the first athletes to win an NBA title and an Olympic gold medal in the same calendar year.

Scottie Pippen’s Personal Life.

Pippen is a seasoned marital veteran, having tied the knot twice with both Karen McCollum and a woman named Nicol. They married in 1987, had a kid they called Antron, then split up in 1990. In 1997, he wed Larsa Younan, better known as Larsa Pippen on Real Housewives of Miami. Scotty Jr. (2000), Preston (2002), Justin (2005), and Sophia (2007) were their offspring (2008).

Sierra Pippen (born 1995) is Pippen’s daughter from his relationship with Yvette De Leon; Taylor Pippen (born 1994) is his daughter from his relationship with model and ex-girlfriend Sonya Roby. Tylor, Taylor’s twin sister, passed away just nine days after birth.

Scottie Pippen’s Financial Issues?

Many people claim that Scottie had money troubles when he retired. Reports have surfaced suggesting that Pippen was financially strapped shortly after leaving the NBA. Those accusations, according to the information we’ve gathered, are either grossly overstated or outright false. But it doesn’t mean Scottie’s life has been free of financial challenges.

For the most part, you can blame former financial advisor Robert Lunn for slowing things down. Despite the Bulls’ high recommendation of Lunn as an investment advisor, Pippen filed a lawsuit against him in 2016, alleging that Lunn had wasted $20 million of his money.

It took less than a year for Pippen to find out that Lunn, the financial advisor he had hired, had stolen his money and committed bank fraud. Lunn allegedly loaned a buddy who had a checkered past more than $7 million to invest in real estate. Almost immediately, the property developer went bankrupt, taking the money with him.

Pippen was reportedly also recommended by Lunn to drop $4 million on a Gulfstream private jet. The jet was found to be inoperable, requiring an extra $1 million in modifications to make it airworthy.

On various charges of fraud, including forging Pippen’s signature on a $1.4 million loan that Lunn used to pay off personal obligations, Lunn was sentenced to three years in prison in March of 2016.

Scottie Pippen’s Real Estate.

Scottie and Larsa Pippen spent $2.225 million on a 10,000-square-foot property in Highland Park, Illinois, a lakefront suburb of Chicago, in 2004. Scottie listed the house for sale in 2016 for $3.1 million. He dropped the price to $1.899 million after having it listed for three years.

The mansion was constructed in 2003 and features six bedrooms, five and a half baths, a home cinema, sauna, game room, brick wine cellar, and an indoor basketball court with a picture of Pippen’s Chicago Bulls jersey painted on the floor.

Formerly owned by Pippen, the $16 million estate in South Florida has been on and off the market since 2010. The residence was advertised as a premium rental for $40,000.

The Harbor Beach mansion, built in the style of Venice, Florida, may be found in a posh area of Fort Lauderdale known as Harbor Beach. In front of you is a canal that extends to the sea. This 2003-built mansion boasts a basketball court, gourmet kitchen, game room, cinema room, and views of the water.

After much negotiation, Scottie sold the house in September 2021 for $10.54 million.