Scottie Pippen Net Worth (Money & Salary)
Title: Scottie Pippen Net Worth (Money & Salary)
Last Updated: February 7, 2025
What is Scottie Pippen’s Net Worth?
Pippen, a former professional basketball player from the United States, has amassed a net worth of $20 million after retiring. Over 17 seasons in the NBA, he earned an impressive $109 million in salary alone, in addition to tens of millions from endorsements.
During his nine seasons with the Chicago Bulls, Scottie played a pivotal role in securing six NBA championships for the team and contributing to their record-breaking 1995–96 season with 72 wins. He achieved seven All-Star selections and was named the NBA All-Star Game MVP in 1994. Recognized as one of the 50 Greatest Players in NBA History in the 1996–97 season, his jersey number is one of only four to be retired by the Chicago Bulls. Notably, Pippen is the only player in NBA history to have won both an NBA championship and an Olympic gold medal in the same year on two occasions (1992, 1996).
Contracts And Salary
Many regard Scottie Pippen as the most underpaid player in NBA history, a claim that has some truth to it but also some nuances. Before the 1991 season, Scottie signed a 7-year contract extension worth $18 million. This meant that, during the height of the Bulls’ success, while Michael Jordan earned over $30 million annually, Scottie made only $2.6 million. Pippen later stated he signed the deal to ensure financial stability for his family, as he came from impoverished beginnings, being one of 12 siblings, with both a father and a brother having disabilities.
This contract later became a source of discontent for him, as he believed it was a poor decision and sought a renegotiated extension. Interestingly, Scottie’s total NBA salary of $109 million ended up surpassing Michael Jordan’s $94 million. The bulk of his earnings stemmed from a five-year, $67.2 million contract with the Houston Rockets just before the 1998-1999 season. He also gained an additional $10 million upon returning to the Bulls during his last two seasons in the league.
Endorsements
In his initial days in the NBA, Scottie donned Avia sneakers but eventually transitioned to Nike, mirroring Michael Jordan’s footwear journey. He notably released several signature models with Nike, including the Pippen 1 in 1997.
Additionally, he was involved in numerous endorsement deals with brands such as Ameritech Cellular TV, Frito-Lay, Visa, McDonald’s, Right Guard, and Coca-Cola.
Early Life
Scottie Maurice Pippen was born on September 25, 1965, in Hamburg, Arkansas, as the youngest child among 12 of Ethel and Preston Pippen. Both his parents were tall, with his mother standing at 6 feet and his father at 6 feet 1 inch, which contributed to Scottie’s height as the tallest child. After a stroke paralyzed his father, Scottie became a prominent player at Hamburg High School, leading his basketball team to the state playoffs and earning all-conference honors in his senior year. Despite his achievements, he did not receive any college scholarships and began playing at the University of Central Arkansas as a walk-on. Starting at 6’1”, he experienced a growth spurt, reaching 6’8″ and averaging 23.6 points, 10 rebounds, 4.3 assists, and shooting almost 60% from the field during his college tenure.
In the 1987 NBA Draft, Pippen was selected in the first round by the Seattle Supersonics. The Chicago Bulls, who had shown interest, arranged to trade for him as their draft position wasn’t sufficient to select him directly.
Career
Scottie Pippen made his debut in the NBA on November 7, 1987, in a matchup against the Philadelphia 76ers. He ended the game with 10 points, two steals, and four assists.
In 23 minutes of play, Pippen managed one rebound, contributing to the Bulls’ victory in their season opener with a score of 104–94. During the 1988 NBA Playoffs, he secured the starting small forward position, assisting the Jordan-led Bulls in reaching the conference semifinals for the first time in over a decade. Pippen achieved his first NBA All-Star selection in 1990.
Throughout the 1990-91 season, Pippen established himself as the leading defensive stopper and a significant scoring option. He recorded his first triple-double on November 23 against the Los Angeles Clippers, finishing with 13 points, 12 assists, and 13 rebounds in just 30 minutes, leading to a 105–97 victory. For his remarkable performance during the 1990–91 NBA season, Pippen earned NBA All-Defensive Second Team honors. Subsequently, the Bulls triumphed over the Los Angeles Lakers in the 1991 NBA Finals and continued to win consecutive championships in 1992 and 1993, marking their first three-peat.
Pippen played a crucial role in the Bulls’ second three-peat, capturing NBA championships in 1996, 1997, and 1998.
Following the lockout-shortened 1998–99 season and after an 11-season tenure with the Chicago Bulls—where he ranks second all-time in points, assists, and steals for the franchise—Pippen was traded to the Houston Rockets in exchange for Roy Rogers and a second-round pick in the 2000 NBA draft. Between 1998 and 2003, he played for the Portland Trail Blazers. After the 2002–03 season, he departed from Portland to rejoin the Chicago Bulls. On July 20, 2003, he signed a two-year, $10 million contract with the franchise. Eventually, on October 5, 2004, Pippen announced his retirement.
In January 2008, Pippen made a short-lived return to professional basketball at the age of 42, touring Scandinavia and participating in two games for top Finnish league team Torpan Pojat (ToPo) and top Swedish league team Sundsvall.
Pippen rejoined the Bulls on July 15, 2010, as a team ambassador. Later, in 2012, he was appointed senior advisor to Michael Reinsdorf, the president and COO of the Bulls. Remembered as one of the most versatile and agile players, Pippen is notably recognized as one of the greatest defenders in basketball history. His intense work ethic and athletic physique enabled him to consistently execute highlight-reel plays, such as applying defensive pressure, forcing turnovers, stealing the ball, and initiating one-man fast breaks that concluded with impressive slam dunks.
(Photo by Daniel Boczarski/Getty Images)
Olympic “Dream Team”
Selected to the original Dream Team in 1992, Pippen represented the United States men’s Olympic basketball team during the Games in Barcelona, Spain. The U.S. secured the gold medal, with Pippen and Michael Jordan making history as the first players to win 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, and they had a son named Antron in 1987 before divorcing in 1990. He later married Larsa Younan, known as Larsa Pippen, in 1997. Together, they welcomed four children: Scotty Jr. (2000), Preston (2002), Justin (2005), and Sophia (2008).
In 2021, the couple finalized their divorce.
Pippen shares a daughter, 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. 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, was featured in the inaugural season of “Dancing with the Stars: Juniors.”
Financial Issues?
Throughout the years, there have been allegations regarding Scottie’s financial struggles at various times after retiring. Some reports have even suggested that Pippen faced bankruptcy merely a few years post-NBA. However, according to our sources, these assertions are largely overstated or simply untrue. That said, Scottie has encountered a few financial obstacles.
The most significant hurdle arose from a former financial advisor named Robert Lunn. In 2016, Pippen took legal action against Lunn, alleging that the advisor, who came highly endorsed by the Bulls, mismanaged $20 million of his funds. Shortly after hiring Lunn, Pippen discovered that the advisor had misappropriated his investments and committed bank fraud. It was claimed that Lunn funneled over $7 million to a friend with a questionable background to invest in real estate, which subsequently led to bankruptcy, with the funds lost.
Furthermore, Lunn allegedly recommended that Pippen spend $4 million on a Gulfstream private jet, which turned out to be inoperative and required an additional $1 million in repairs to become operational.
In March 2016, Lunn received a three-year prison sentence for multiple fraud offenses, including forging Pippen’s signature on a $1.4 million loan, which Lunn utilized to settle his own debts.
Real Estate
In 2004, Scottie and Larsa Pippen acquired a 10,000-square-foot residence on 2.6 acres in Highland Park, a lakefront suburb of Chicago, for $2.225 million. Scottie listed the property for $3.1 million in 2016. After three years without a sale, he reduced the price to $1.899 million. This home, built in 2003, features six bedrooms, five and a half bathrooms, a home 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 court floor. While on the market, Pippen rented the property for approximately $16,000 monthly. Ultimately, in late 2021, the home was sold for just under $2 million.
Scottie had also owned a mansion in South Florida, which went on and off the market for ten years, starting in 2010, listed at $16 million. At one time, this property was available as a luxury rental for $40,000 per month.
This Venetian-style mansion is situated in Harbor Beach, one of Fort Lauderdale’s most sought-after neighborhoods. It boasts views of a canal that provides direct access to the ocean. Constructed in 2003, the home features a pool, a basketball court, a gourmet kitchen, a game room, a media room, and stunning waterfront views.
Scottie successfully sold this property in September 2021 for $10.54 million.
Scottie Pippen Net Worth (Money & Salary)
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The data is sourced from 2023 and 2024, with forecasts extending into 2025 and 2026. Additionally, we further project data into 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 7, 2025
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