Scottie Pippen Net Worth (Money & Salary)

Scottie Pippen Net Worth (Money & Salary)

Title: Scottie Pippen Net Worth (Money & Salary)
Last Updated: January 31, 2025


What is Scottie Pippen’s Net Worth?

Scottie Pippen, a retired professional basketball player from the United States, boasts a net worth of $20 million. Over his 17 seasons in the NBA, he earned $109 million solely from his salary, in addition to tens of millions from endorsements.

Pippen spent nine of those seasons with the Chicago Bulls, playing a crucial role in their six NBA championship victories and contributing to their record 1995–96 season, which saw them achieve 72 wins. He was a seven-time NBA All-Star and earned MVP honors at the NBA All-Star Game in 1994. During the 1996–97 season, he was recognized as one of the 50 Greatest Players in NBA History and is one of the four players whose jersey has been retired by the Chicago Bulls. Notably, Pippen is the only NBA player to win both an NBA title and an Olympic gold medal in the same year on two occasions (1992, 1996).

Contracts And Salary

Scottie Pippen is often regarded as the most underpaid player in NBA history, a claim that contains some elements of truth. Before the 1991 season, he signed a seven-year contract extension worth $18 million. This meant that during the height of the Bulls’ success, while Michael Jordan was making over $30 million annually, Pippen was earning just $2.6 million. He later mentioned that he opted for that contract to ensure financial security for his family, having grown up in extreme poverty as one of 12 children, with both a brother and father living with disabilities.

This deal became a point of contention for Pippen as he later believed he had made a poor financial choice and sought a new contract. Interestingly, his total NBA salary of $109 million outstripped Michael Jordan’s $94 million. A significant portion of Pippen’s earnings stemmed from a five-year contract worth $67.2 million with the Houston Rockets before the 1998–1999 season, followed by an additional $10 million when he returned to the Bulls for his final two seasons.

Endorsements

In the early years of his NBA career, Scottie wore Avia sneakers but eventually aligned with Nike, releasing several signature shoes, most notably the Pippen 1 in 1997.

His endorsements included deals with Ameritech Cellular TV, Frito-Lay, Visa, McDonald’s, Right Guard, and Coca-Cola.

Early Life

Born on September 25, 1965, in Hamburg, Arkansas, Scotty Maurice Pippen was the youngest of 12 children of Ethel and Preston Pippen. With a mother who stood 6 feet tall and a father at 6 foot 1 inch, all their children were tall, but Scottie was the tallest. His father worked in a paper mill until he suffered a stroke that left him paralyzed on one side, affecting his ability to walk and speak. Scottie led the Hamburg High School basketball team to the state playoffs, earning all-conference honors during his senior year. However, he received no scholarship offers for college and began playing at the University of Central Arkansas. Initially a 6’1″ walk-on, he experienced a growth spurt that brought him to 6′ 8″ tall, achieving averages of 23.6 points, ten rebounds, 4.3 assists, and nearly 60% shooting from the field during his college career.

Pippen was chosen in the first round of the 1987 NBA Draft by the Seattle Supersonics. Although the Bulls were interested, their draft position was too low to select him, prompting them to arrange a trade with Seattle to secure Pippen.

Career

Scottie Pippen made his NBA debut on November 7, 1987, as the Chicago Bulls faced the Philadelphia 76ers in their season opener. He concluded the game with 10 points, two steals, and four assists,

In 23 minutes of play, Pippen recorded one rebound. The Bulls triumphed in their season opener with a score of 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 a decade. Pippen was selected as an NBA All-Star for the first time in 1990.

Throughout the 1990-91 season, Pippen established himself as the main defensive stopper as well as a significant scoring threat. He achieved his first triple-double on November 23 against the Los Angeles Clippers, finishing the game with 13 points, 12 assists, and 13 rebounds in 30 minutes, contributing to a 105–97 victory. For his outstanding performance in the 1990–91 NBA season, he received NBA All-Defensive Second Team honors. The Bulls subsequently defeated the Los Angeles Lakers in the 1991 NBA Finals, and Pippen played a crucial role in leading the Bulls to their first three-peat, which continued with championships in 1992 and 1993.

Pippen played a vital part in the Bulls’ second three-peat, clinching NBA championships in 1996, 1997, and 1998.

Following the 1998–99 lockout-shortened NBA season, after spending 11 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 in exchange for Roy Rogers and a second-round pick in the 2000 NBA draft. From 1998 to 2003, Pippen was a member of the Portland Trail Blazers. After the conclusion of the 2002–03 season, he left Portland to return to 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 age 42, Pippen briefly returned to professional basketball, touring Scandinavia and playing two games for the top Finnish league team Torpan Pojat (ToPo) and the top Swedish league team Sundsvall.

Pippen rejoined the Bulls on July 15, 2010, taking on the role of team ambassador. In 2012, he became a senior advisor to Michael Reinsdorf, the Bulls’ president and COO. Renowned as one of the most agile and versatile players, Pippen is especially celebrated for being one of the greatest defenders of all time. His rigorous work ethic and athletic physique allowed him to consistently make highlight-reel plays, including applying defensive pressure, forcing turnovers, stealing the ball, and initiating a one-man fast break, often culminating in a powerful slam dunk.

Scottie PippenScottie Pippen

(Photo by Daniel Boczarski/Getty Images)

Olympic “Dream Team” 

Pippen was named to the original Dream Team for the United States men’s Olympic basketball team that competed in the 1992 Olympics held in Barcelona, Spain. The U.S. secured the gold medal, making Pippen and Michael Jordan the first players to achieve both an NBA championship and an Olympic gold medal in the same year.

Personal Life

Having been married twice, Pippen first wed Karen McCollum in 1988. They welcomed a son named Antron in 1987, but their marriage ended in divorce in 1990. In 1997, he married Larsa Younan, also known as Larsa Pippen, who is recognized from Real Housewives of Miami. Together, they had four children: Scotty Jr. (2000), Preston (2002), Justin (2005), and Sophia (2008).

Divorced in 2021, the couple ended their marriage.

Scottie Pippen has a daughter named Sierra Pippen (born 1995) from his previous engagement with Yvette De Leon, and another daughter, Taylor Pippen (born 1994), with his ex-girlfriend, model Sonya Roby. Tragically, Taylor’s twin sister, Tyler, passed away just nine days after birth.

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

Financial Issues?

Scottie has been alleged to have faced financial difficulties at different stages after his retirement. Some reports have claimed that he was nearly broke only a few years post-NBA. However, according to our sources, these allegations are largely exaggerated or outright false. Nonetheless, Scottie has encountered a few financial hurdles.

A significant obstacle arose from a former financial advisor named Robert Lunn. In 2016, Pippen filed a lawsuit against Lunn, asserting that the advisor, who had strong recommendations from the Bulls, wasted $20 million of his funds. Just under a year after hiring Lunn, Scottie discovered that the advisor had engaged in bank fraud and mismanaged his investments. Lunn supposedly transferred over $7 million to a friend with a dubious background for real estate investments, which resulted in bankruptcy for the developer soon after, taking the funds with him.

Additionally, Lunn is reported to have encouraged Pippen to spend $4 million on a Gulfstream private jet, which turned out to be inoperative and required another $1 million for repairs before it could be used.

In March 2016, Lunn received a three-year prison sentence for multiple fraud charges, including falsifying Pippen’s signature on a $1.4 million loan used to settle personal debts.

Real Estate

In 2004, Scottie and Larsa Pippen purchased a 10,000-square-foot residence on 2.6 acres in Highland Park, a lakeside suburb of Chicago, for $2.225 million. He listed it for sale in 2016 at $3.1 million. After three years without a sale, he reduced the asking price to $1.899 million. Built in 2003, the property 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 showcasing a picture of Pippen’s Chicago Bulls jersey on the floor. While struggling to sell, Pippen rented it out for over $16,000 per month. Ultimately, in late 2021, the house was sold for just under $2 million.

Previously, Pippen owned a mansion in South Florida that fluctuated on and off the market for a decade, starting in 2010 when it was first listed at $16 million. At one point, the property was offered as a luxury rental at $40,000 per month.

This Venetian-style mansion is situated in Harbor Beach, one of the most exclusive neighborhoods in Fort Lauderdale. The property features canal views that lead directly to the ocean. Constructed in 2003, it includes a pool, a basketball court, a gourmet kitchen, a game room, a media room, and stunning waterfront scenery.

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


Scottie Pippen Net Worth (Money & Salary)

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Data from 2023 and 2024 is presented, alongside forecast data for 2025 and 2026. We have also extended the forecast through to 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.

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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.

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Post Title: Scottie Pippen Net Worth (Money & Salary)
Last Updated: January 31, 2025
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