Scottie Pippen Net Worth (Money & Salary)
Title: Scottie Pippen Net Worth (Money & Salary)
Last Updated: February 12, 2025
What is Scottie Pippen’s Net Worth?
A net worth of $20 million is attributed to Scottie Pippen, a retired American professional basketball player. Over the span of 17 seasons in the NBA, he amassed $109 million solely in salary and earned tens of millions more through endorsements.
Pippen spent nine seasons with the Chicago Bulls, playing a crucial role in their six NBA title victories and their record-setting 1995–96 season with 72 wins. He was named an NBA All-Star seven times and earned the All-Star Game MVP title in 1994. In the 1996–97 season, he was recognized as one of the 50 Greatest Players in NBA History and is among the select few who have had their jersey numbers retired by the Bulls. Remarkably, he is the only player in NBA history to have won both an NBA title and an Olympic gold medal in the same year, achieving this feat twice (in 1992 and 1996).
Contracts And Salary
It is frequently asserted that Scottie Pippen holds the title of the most underpaid NBA player ever, a statement that has some validity as well as some inaccuracies. Before the 1991 season, he secured a 7-year, $18 million contract extension. At the height of the Bulls’ success, while Michael Jordan was raking in over $30 million annually, Scottie was making only $2.6 million. He later disclosed that he accepted this contract to ensure financial security for his family after growing up in a low-income household as one of 12 siblings, with both a father and brother in wheelchairs.
This deal later became a point of frustration for Pippen as he believed he deserved a renegotiation. Interestingly, Scottie eclipsed Michael’s total NBA salary, earning $109 million compared to Michael’s $94 million. Most of Scottie’s earnings came from a lucrative five-year, $67.2 million contract with the Houston Rockets before the 1998-1999 season, followed by an additional $10 million after rejoining the Bulls during his last two seasons.
Endorsements
Initially wearing Avia sneakers during his early NBA days, Scottie Pippen eventually transitioned to Nike. He released several signature shoes with the brand, including the well-known Pippen 1 in 1997.
Pippen also signed endorsement deals with prominent companies such as Ameritech Cellular TV, Frito-Lay, Visa, McDonald’s, Right Guard, and Coca-Cola.
Early Life
September 25, 1965, marks the birth of Scottie Maurice Pippen in Hamburg, Arkansas. He is the youngest among Ethel and Preston Pippen’s 12 children. With his mother standing 6 feet tall and his father 6 foot 1 inch, it is unsurprising that all their children were tall, Scottie being the tallest. His father worked in a paper mill until a stroke paralyzed him, affecting his ability to walk and speak. In high school, Scottie led the Hamburg basketball team to the state playoffs and received all-conference honors in his senior year. Despite his talent, he did not receive any college scholarship offers and began attending the University of Central Arkansas as a walk-on. Initially 6’1″, he experienced a growth spurt that brought him to 6′ 8″. During college, his statistical averages included 23.6 points, ten rebounds, 4.3 assists, and nearly 60% in field goal shooting.
In the first round of the 1987 NBA Draft, the Seattle Supersonics selected Pippen. Although the Bulls had interest in him, they did not have a sufficient draft pick to secure him. Consequently, they orchestrated a trade with Seattle to bring Pippen into their fold.
Career
Scottie Pippen made his NBA debut on November 7, 1987, competing against the Philadelphia 76ers in the Chicago Bulls’ opening game of the season. He recorded 10 points, two steals, four assists, and one rebound within 23 minutes of playing time, contributing to a Bulls victory.
opened their season with a victory over their opponents, finishing the game 104–94. During the 1988 NBA Playoffs, Pippen secured the starting small forward role and played a crucial part in leading the Jordan-led Bulls to the conference semifinals, a feat not seen in over ten years. In 1990, he earned his first selection as an NBA All-Star.
In the 1990-91 season, Pippen emerged prominently as both the main defensive asset and a significant scoring threat. On November 23, he achieved his first triple-double against the Los Angeles Clippers, recording 13 points, 12 assists, and 13 rebounds in just 30 minutes, contributing to a 105–97 victory. His performance throughout the 1990–91 NBA season earned him a spot on the NBA All-Defensive Second Team. The Bulls clinched the championship against the Los Angeles Lakers in the 1991 NBA Finals. Pippen played a key role in propelling the Bulls to their first three-peat, with consecutive victories in 1992 and 1993.
Significantly contributing to the Bulls’ second three-peat, Pippen helped secure NBA championships in 1996, 1997, and 1998.
After 11 successful seasons with the Chicago Bulls, Pippen, who ranks as the second all-time leader in points, assists, and steals in Bulls franchise history, was traded to the Houston Rockets during the 1998–99 lockout-shortened NBA season. In exchange, the Bulls acquired Roy Rogers and a second-round pick in the 2000 NBA draft. From 1998 to 2003, Pippen played for the Portland Trail Blazers. Following 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 staged a brief return to professional basketball by touring Scandinavia, where he played two games with Torpan Pojat (ToPo) from the Finnish league and Sundsvall from the Swedish league.
Pippen returned to the Bulls as a team ambassador on July 15, 2010. Later, in 2012, he was appointed as senior advisor to Michael Reinsdorf, the Bulls’ president and COO. Renowned for his versatility and agility, Pippen is also celebrated as one of the greatest defenders in basketball history. His remarkable work ethic and athletic physique allowed him to execute highlight-reel plays consistently, from applying defensive pressure and forcing turnovers to stealing the ball and initiating a one-man fast break, which he would often finish with an electrifying slam dunk.
(Photo by Daniel Boczarski/Getty Images)
Olympic “Dream Team”
Pippen was selected to be a part of the original Dream Team for the United States men’s Olympic basketball team in 1992, which participated in the Barcelona Olympics. The U.S. team claimed the gold medal, marking Pippen and Michael Jordan as 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; he first wed Karen McCollum in 1988, with whom he shares a son named Antron born in 1987. They divorced in 1990. Subsequently, he married Larsa Younan, known as Larsa Pippen, in 1997. They had four children together: Scotty Jr. (2000), Preston (2002), Justin (2005), and Sophia (2008). The couple finalized their divorce in 2021.
Pippen also
He has a daughter named Sierra Pippen (born 1995) from his previous engagement with Yvette De Leon, and another daughter, Taylor Pippen (born 1994), with model and former girlfriend Sonya Roby. Sadly, Taylor’s twin sister, Tyler, passed away just nine days after birth.
Scotty Jr., his son, currently plays for the Los Angeles Lakers, while his daughter Sophia took part in the inaugural season of “Dancing with the Stars: Juniors.”
Financial Issues?
Throughout the years, there have been allegations suggesting that Scottie has faced financial difficulties at various times after retiring. Some media outlets have even claimed that Pippen was completely broke within a few years following his NBA retirement. However, our sources indicate that these assertions are significantly inflated or outright false. Nonetheless, it is true that Scottie has encountered a few financial challenges.
The most significant challenge stemmed from a former financial advisor, Robert Lunn. Pippen filed a lawsuit against Lunn in 2016, alleging that the highly recommended advisor from the Bulls mismanaged $20 million of his funds. Shortly after hiring Lunn, Pippen discovered that the advisor had engaged in bank fraud and misappropriated his investments. Allegedly, Lunn forwarded more than $7 million to a friend with dubious credentials for real estate investments, which led to that developer declaring bankruptcy shortly thereafter and absconding with the money.
Furthermore, Lunn reportedly advised Pippen to spend $4 million on a Gulfstream private jet, which was ultimately discovered to be non-functional and required an additional $1 million in repairs to become air-worthy.
In March 2016, Lunn received a three-year prison sentence due to multiple counts of fraud, including the forgery of Pippen’s signature for a $1.4 million loan that he used to settle personal debts.
Real Estate
In 2004, Scottie and Larsa Pippen purchased a 10,000-square-foot residence situated on 2.6 acres in Highland Park, a lakeside suburb of Chicago, for $2.225 million. He initially 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 residence features six bedrooms, five and a half bathrooms, a home movie theater, a sauna, a game room, a brick wine cellar, and a specially designed indoor basketball court adorned with an image of Pippen’s Chicago Bulls jersey on the floor. During its unsuccessful sale, Pippen rented it out for over $16,000 a month. Ultimately, in late 2021, the house was sold for just under $2 million.
Previously, he owned a mansion in South Florida that remained on and off the market for ten years, starting in 2010 when it was listed for $16 million. At one point, it was available for luxury rental at $40,000 per month.
Located in one of Fort Lauderdale’s most exclusive neighborhoods, Harbor Beach, the Venetian-style mansion offers canal views that extend to the ocean. Built in 2003, this home features a pool, basketball court, gourmet kitchen, game room, media room, and picturesque waterfront vistas.
Scottie sold this particular property in September 2021 for $10.54 million.
Scottie Pippen Net Worth (Money & Salary)
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Data is current as of 2023 and 2024, with projected data for 2025 and 2026. The forecast extends to 2027 and 2028 as well.
* 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 12, 2025