scottie pippen net worth

Scottie Pippen: Net Worth, Early Life, Personal Life, Career And Many Other things

Scottie Pippen Net Worth

The basketball legend Scottie Pippen is worth $20 million. Not to consider the millions he received from sponsorships, he collected $109 million in salary alone over his 17-year NBA career.  Scottie Pippen won six NBA titles with the Chicago Bulls during the course of his remarkable 17-year NBA career. Regarded as one of the greatest small forwards of all time, Pippen was instrumental in transforming the Bulls into a successful team and catapulting basketball into a worldwide phenomenon during the 1990s.

Scottie Pippen Early Life

Born on September 25, 1965, Scottie Pippen grew up in a large family of twelve in Hamburg, Arkansas. Scottie ended up being the tallest of his parents, Preston and Ethel Pippen. Regretfully, his father suffered a stroke that left him partially disabled.

Scottie was a standout basketball player in high school, helping his team to the playoffs and taking home honors despite the difficulties in his family. However, at first, he was not awarded any college scholarships. Despite being only 6’1″, he eventually joined the University of Central Arkansas basketball team.

Scottie experienced a growth spurt in college, reaching a height of 6’8″. NBA scouts were drawn to his incredible skills, and the Seattle Supersonics selected him in the 1987 NBA Draft. However, he was traded to the Chicago Bulls in the end. And that’s how his illustrious NBA career got started.

Wiki Information

AttributeDetails
BornSeptember 25, 1965
BirthplaceHamburg, Arkansas, United States
Age58 years (as of 2023)
Height6 ft 8 in (2.03 m)
Weight228 lb (103 kg)
GenderMale
ParentsEthel Pippen, Preston Pippen
SpouseLarsa Pippen (m. 1997–2021), Karen McCollum (m. 1988–1990)
ChildrenScotty Pippen Jr., Justin Pippen, Antron Pippen, Preston Pippen, Sierra Pippen, Taylor Pippen, Tyler Roby Pippen
High SchoolHamburg (Hamburg, Arkansas)
CollegeCentral Arkansas (1983–1987)
ProfessionBasketball player
NationalityAmerican
Net Worth$20 million

Scottie Pippen Personal Life

Pippen’s family life was quite hectic! He’s been married twice. He and Karen McCollum gave birth to Antron in 1987, however the pair later got divorced in 1990. Then, in 1997, he married Larsa Younan, who was well-known for playing Larsa Pippen on “Real Housewives of Miami”. Scotty Jr., Preston, Justin, and Sophia were their four children. Sadly, in 2021, they separated.

In addition, he has daughters from past partnerships. Taylor was born in 1994 with his previous girlfriend Sonya Roby, while Sierra was born in 1995 to his ex-fiance Yvette De Leon. Tragically, Tyler, Taylor’s twin sister, died nine days after she was born.

College Career

When Pippen attracted the attention of University of Central Arkansas head coach Don Dyer, his basketball career took an unexpected turn. Pippen joined the team as a walk-on despite not being aggressively recruited, displaying his obvious potential right away.

Since Central Arkansas wasn’t as well-known as other of the more well-known NCAA colleges, Pippen’s abilities weren’t immediately noticed by the media. But when Pippen had a growth spurt in college and reached an amazing height of 6 feet 8 inches—a considerable increase from his 6 feet 1 inch high school stature—things began to shift.

He had a truly remarkable final year as a player. With a game average of 23.6 points, 10 rebounds, and 4.3 assists while shooting almost 60% from the field, Pippen routinely put up amazing stats. An outstanding player in the AIC league, he attracted the eye of NBA scouts with his consistent performance that earned him honors as a consensus NAIA All-American in 1986 and 1987.

Scottie Pippen Career

When Scottie Pippen was named one of the NBA’s 50 best players during the 1996–97 season, his basketball career reached new heights. His contributions to the Chicago Bulls’ victories, particularly in their historic 72-win season of 1995–96, demonstrated Pippen’s abilities and team spirit and demonstrated how important he was to the club’s success.

YearTeam
1987–1998Chicago Bulls
1999Houston Rockets
1999–2003Portland Trail Blazers
2003–2004Chicago Bulls
2008Torpan Pojat
2008Sundsvall Dragons

Scottie Pippen-Michael Jordan beef

Pippen vented his resentment in his autobiography “Unguarded,” which was published in November 2021. He wrote, “They put Michael Jordan on a pedestal while overlooking the contributions of me and my teammates.”

Pippen brought attention to the fact that a large number of their colleagues were underrepresented in Jordan’s documentary series, “The Last Dance.”

“I think a large portion of this is Michael’s fault. Pippen clarified, “The producers allowed him to direct the final cut, so he was not simply the show’s star but also its director.

The Olympic “Dream Team” 

Pippen qualified for the storied Dream Team in 1992 and played for the United States in the Olympic basketball competition in Barcelona, Spain. Achieving the gold medal with the squad was a momentous moment for both Pippen and Michael Jordan. They made history by being the first athletes to win an NBA title and an Olympic gold medal in the same incredible year.

Contracts and Salary

Although Scottie Pippen’s NBA pay narrative is sometimes referred to as the tale of the most underpaid player, it’s a little more nuanced than that. Before the Bulls reached their zenith in 1991, he inked a $18 million seven-year contract. To put that in perspective, Pippen was making about $2.6 million a year, compared to Michael Jordan’s nearly $30 million.

Afterwards, Pippen acknowledged that he signed that deal to give his family financial security. Being one of twelve siblings and coming from a low-income family, he placed a high value on security because his brother and father were both confined to wheelchairs.

Pippen started to feel resentful of that contract as time went on. A higher deal, in his opinion, was due, especially in light of his contributions to the Bulls’ accomplishments. It’s interesting to note that, when overall NBA earnings are considered, Pippen actually earned more than Michael Jordan ($94 million versus $109 million). A significant portion of that was earned prior to the 1998–1999 season through a five-year, $67.2 million contract with the Houston Rockets. When he returned to the Bulls for his final two seasons in the league, he added an additional $10 million.

Scottie Pippen Endorsements

Scottie was a fierce Avia kicker in his NBA debut, but like colleague Mike, he later joined Team Nike. He released a number of trademark shoes with Nike, the most notable of them being the Pippen 1 in 1997.

In addition to his shoe game, Pippen was preoccupied with endorsement deals. As the spokesperson for Ameritech Cellular TV, he was often seen snacking on Frito-Lay chips. He even dined at McDonald’s and presented his Visa card. You can also bet that he was wearing his Right Guard if you ever saw him working hard on the floor. Besides, when he wasn’t dumping jumpers, he was drinking Coca-Cola.

Financial Issues

There have been many stories over the years regarding Scottie Pippen’s financial difficulties following his NBA retirement. Some even said that not long after hanging up his jersey, he was broke. Let me correct the record, though: those tales are wildly exaggerated, if not completely untrue. Undoubtedly, Scottie has experienced some financial setbacks.

Robert Lunn, who was supposed to be Pippen’s financial advisor, caused one of the largest hiccups. Scottie trusted him, particularly because the Bulls management had suggested him. However, it proved to be a nightmare. Pippen sued Lunn in 2016 on the grounds that the advisor had essentially thrown away $20 million of his hard-earned money.

The way it happened was that Lunn stole about $7 million of Pippen’s money and gave it to a friend who had a questionable background, telling Scottie it was for investments in real estate. That friend, however, quickly filed for bankruptcy and took Scottie’s money with him. That’s not all, though. Additionally, Lunn talked Pippen into spending $4 million on a private jet that ended up being a complete dud. Just to get it airborne, another million dollars were required!

Lunn ultimately received what was due to him: a sentence of three years in prison for fraud, which included faking Scottie’s signature on a loan over one million dollars. Pippen has thankfully learned a tough lesson and is still standing strong.

Real Estate

For $2.225 million in 2004, Scottie and Larsa Pippen purchased a stunning 10,000-square-foot estate situated on 2.6 acres in the quaint Chicago suburb of Highland Park. When 2016 rolled along, Scottie made the decision to list it for $3.1 million. It didn’t sell quickly, though, despite all of its services, which included a custom indoor basketball court with Pippen’s Bulls jersey on the floor, a home cinema, a sauna, a game room, and six bedrooms and five and a half bathrooms. Following three hard years and a reduction in value to $1.899 million, Scottie was forced to rent it out for a substantial $16,000 per month. At last, in late 2021, one individual accepted the bait and acquired it for a little less than $2 million.

Another jewel Scottie had was down in South Florida. This Fort Lauderdale, Florida, property in the Venetian style had been somewhat of a real estate rollercoaster. It has been on and off the market since 2010, when it was listed for a cool $16 million. It even had a side job as a $40,000-per-month luxury rental at one point! It was not surprising, what with its gourmet kitchen, basketball court, pool, and views of the waterfront. After ten months of back and forth, Scottie finally sold it in September 2021 for a record $10.54 million.

Facts:

Net Worth: Scottie Pippen’s net worth is estimated to be around $20 million, not including earnings from sponsorships. He earned approximately $109 million in salary alone during his 17-year NBA career.

Career Highlights: Pippen won six NBA championships with the Chicago Bulls and is regarded as one of the greatest small forwards of all time. His contributions helped transform the Bulls into a powerhouse team during the 1990s.

Early Life: Born on September 25, 1965, in Hamburg, Arkansas, Scottie grew up in a large family and experienced financial struggles. Despite not receiving college scholarships initially, he joined the University of Central Arkansas basketball team and eventually caught the attention of NBA scouts.

Personal Life: Pippen has been married twice. He first married Karen McCollum and had a son named Antron. They divorced in 1990. In 1997, he married Larsa Younan, with whom he has four children. The couple separated in 2021. Pippen also has daughters from previous relationships.

College Career: Pippen’s college basketball career took off when he joined the University of Central Arkansas team, where he showcased his skills and attracted NBA scouts’ attention.

NBA Career: Pippen was drafted by the Seattle Supersonics in the 1987 NBA Draft but was later traded to the Chicago Bulls, where he played the majority of his career. He also had stints with the Houston Rockets and the Portland Trail Blazers.

Scottie Pippen-Michael Jordan Beef: Pippen expressed resentment towards Michael Jordan in his autobiography, citing unequal portrayal in the documentary series “The Last Dance.”

Olympic Dream Team: Pippen was part of the iconic Dream Team in 1992, winning a gold medal alongside Michael Jordan.

Contracts and Salary: Pippen’s NBA earnings were substantial, although he is often cited as one of the most underpaid players. He signed a significant contract extension with the Bulls but later felt he deserved better compensation.

Endorsements: Pippen had endorsement deals with Nike, Avia, and various other brands throughout his career.

Financial Issues: Pippen faced financial setbacks, including a lawsuit against his financial advisor for mismanagement of funds.

Real Estate: Pippen owned lavish properties in Chicago and South Florida, which were occasionally rented out or listed for sale.

Summary:

Scottie Pippen transformed from an ordinary man into a basketball icon. He is considered as one of the all-time great small forwards, having won six NBA titles with the Chicago Bulls. Even in the face of his personal difficulties and financial losses, Pippen’s impact on basketball is great and continues.

FAQs:

What is Scottie Pippen’s net worth?

Scottie Pippen’s net worth is estimated to be around $20 million.

How many NBA championships did Scottie Pippen win?

Pippen won six NBA championships with the Chicago Bulls.

Who is Scottie Pippen married to?

Scottie Pippen was previously married to Karen McCollum and Larsa Younan. He has children from both marriages.

What college did Scottie Pippen attend?

Scottie Pippen attended the University of Central Arkansas.

What was Scottie Pippen’s height and weight?

Scottie Pippen stood at 6 feet 8 inches tall and weighed approximately 228 pounds during his NBA career.

What teams did Scottie Pippen play for in the NBA?

Scottie Pippen played for the Chicago Bulls, Houston Rockets, and Portland Trail Blazers during his NBA career.

What endorsements did Scottie Pippen have?

Scottie Pippen had endorsement deals with Nike, Avia, and various other brands throughout his career.

Did Scottie Pippen face financial issues after retirement?

Yes, Scottie Pippen faced financial setbacks, including a lawsuit against his financial advisor for mismanagement of funds.

Where did Scottie Pippen own properties?

Scottie Pippen owned properties in Chicago and South Florida, which were occasionally rented out or listed for sale.

What was Scottie Pippen’s role in the Dream Team?

Scottie Pippen was part of the iconic Dream Team in 1992, winning a gold medal alongside Michael Jordan and other NBA legends.

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