Scottie Pippen Net Worth

Scottie Pippen has an estimated net worth of $20 million. The retired American professional basketball player built his fortune during a 17-season NBA career, earning approximately $109 million in salary alone. He also made millions more through endorsement deals, business ventures and other opportunities connected to his fame.

Pippen is best known for his legendary career with the Chicago Bulls, where he played alongside Michael Jordan and helped the franchise win six NBA championships. He was a key member of the Bulls’ dominant teams of the 1990s and played an important role in the team’s record-breaking 72-win 1995-96 season.

Pippen was a seven-time NBA All-Star, the 1994 NBA All-Star Game MVP and a member of the NBA’s 50 Greatest Players list. He was also one of the most versatile defenders in basketball history.

His career extended beyond the NBA, with Pippen representing the United States at the Olympics and winning gold medals in 1992 and 1996. He remains one of only a handful of basketball players to win an NBA championship and an Olympic gold medal in the same year twice.

Scottie Pippen NBA Salary

Pippen earned approximately $109 million in NBA salary during his 17 seasons.

One of the most discussed contracts of his career was a seven-year, $18 million extension he signed with the Chicago Bulls ahead of the 1991 season. The agreement paid him roughly $2.6 million per year during a period when Michael Jordan eventually began earning more than $30 million annually.

Pippen later expressed frustration over the deal, believing that he had accepted less than his market value in exchange for financial security for his family.

Despite being viewed as one of the most underpaid stars of his generation, Pippen’s career earnings eventually surpassed Jordan’s NBA salary earnings. His $109 million in NBA salary was more than Jordan’s approximately $94 million in career NBA salary.

A significant portion of Pippen’s earnings came from a five-year, $67.2 million contract he signed with the Houston Rockets before the 1998-99 season. He later returned to Chicago and earned another $10 million during his final two seasons.

Scottie Pippen Endorsements

Pippen earned additional income through endorsement agreements throughout his career.

He initially wore Avia basketball shoes before joining Nike, where he became one of the company’s prominent basketball athletes. Nike released several signature shoes associated with Pippen, including the Pippen 1 in 1997.

His other endorsement partnerships included Frito-Lay, Visa, McDonald’s, Coca-Cola, Ameritech Cellular TV and Right Guard.

These deals helped Pippen build wealth beyond his NBA salary and strengthened his profile as one of basketball’s biggest stars.

Early Life

Scottie Maurice Pippen was born on September 25, 1965, in Hamburg, Arkansas. He was the youngest of 12 children born to Ethel and Preston Pippen.

His father worked at a paper mill until suffering a stroke that left him paralyzed on his right side and affected his ability to speak and walk.

Pippen played basketball at Hamburg High School and helped his team reach the state playoffs. He earned all-conference honors as a senior but did not receive college scholarship offers.

He began his college career at the University of Central Arkansas as a 6-foot-1 walk-on. A major growth spurt eventually saw him reach approximately 6-foot-8.

Pippen developed into a dominant college player, averaging 23.6 points, 10 rebounds and 4.3 assists per game while shooting close to 60 percent from the field.

His rapid development eventually attracted NBA attention.

Scottie Pippen NBA Career

Pippen was selected by the Seattle SuperSonics with the fifth pick of the first round of the 1987 NBA Draft. The Chicago Bulls had identified him as a player they wanted and arranged a trade to acquire him.

He made his NBA debut for Chicago on November 7, 1987, against the Philadelphia 76ers.

Pippen quickly developed into an important part of the Bulls. By the 1988 playoffs, he had claimed the starting small forward position and helped Chicago reach the Eastern Conference semifinals.

He became an NBA All-Star for the first time in 1990 and developed into one of the league’s premier two-way players.

During the 1990-91 season, Pippen emerged as an elite defender and major scoring threat. He helped the Bulls defeat the Los Angeles Lakers in the NBA Finals and win their first championship.

Chicago then won championships in 1992 and 1993, completing its first three-peat.

After Jordan’s first retirement, Pippen became the central figure of the Bulls and finished third in the 1993-94 NBA MVP voting. He was also selected as an All-Star Game starter and won the game’s MVP award.

When Jordan returned, Pippen resumed his role as his star teammate. The Bulls won three more championships between 1996 and 1998.

Pippen’s versatility was crucial to Chicago’s success. He could defend multiple positions, create plays, rebound and score while serving as one of the team’s primary defensive weapons.

Scottie Pippen With Michael Jordan

Pippen’s legacy is closely linked to Michael Jordan.

The two formed one of the most successful duos in NBA history and led the Bulls to six championships. While Jordan was the team’s primary scorer and offensive superstar, Pippen provided elite defense, playmaking, rebounding and transition offense.

Their partnership became the foundation of Chicago’s dominance during the 1990s.

Pippen was also a member of the Bulls team that won a then-record 72 games during the 1995-96 season.

Move to Houston and Portland

After the 1997-98 season, Pippen left Chicago as the Bulls dismantled their championship roster.

He was traded to the Houston Rockets before the 1998-99 season and signed a five-year, $67.2 million contract.

His time in Houston lasted only one season before he moved to the Portland Trail Blazers.

Pippen played for Portland from 1999 to 2003. He helped the team reach the Western Conference Finals in 2000 and remained an influential veteran during his time with the franchise.

He returned to the Chicago Bulls for his final two NBA seasons and signed a two-year, $10 million contract in 2003.

Pippen announced his retirement in October 2004.

He briefly returned to professional basketball in 2008 at the age of 42, playing exhibition games in Scandinavia.

Olympic Career

Pippen was also an important member of the United States Olympic basketball teams.

He played on the legendary 1992 U.S. Olympic “Dream Team” in Barcelona, Spain. The team dominated the competition and won the gold medal.

Pippen and Jordan became the first players to win an NBA championship and an Olympic gold medal in the same year when they achieved the feat in 1992.

Pippen repeated the achievement in 1996 after winning another NBA championship with Chicago and another Olympic gold medal with the United States team in Atlanta.

Financial Problems

Although Pippen has accumulated significant wealth, he has faced financial difficulties following his NBA career.

In 2016, Pippen sued his former financial adviser, Robert Lunn, alleging that the adviser had squandered approximately $20 million of his money.

According to the lawsuit, Lunn allegedly invested millions of dollars in a real estate venture that later failed. He was also accused of advising Pippen to purchase a Gulfstream private jet that was reportedly not operational and required significant additional money for repairs.

Lunn was sentenced to three years in prison in 2016 after being convicted on multiple fraud charges. The case included allegations that he forged Pippen’s signature on a $1.4 million loan that was used to pay personal debts.

Despite these financial setbacks, Pippen’s estimated net worth remains around $20 million.

Personal Life

Pippen has been married twice.

He married Karen McCollum in 1988, and they had a son, Antron. The couple divorced in 1990.

In 1997, Pippen married Larsa Younan, later known as Larsa Pippen. They had four children: Scotty Jr., Preston, Justin and Sophia. The couple divorced in 2021.

Pippen also has children from other relationships.

His son Scotty Jr. pursued a professional basketball career, while his daughter Trinity became a professional soccer player.

Scottie Pippen Real Estate

Pippen has owned several valuable properties during and after his NBA career.

In 2004, he and Larsa purchased a 10,000-square-foot home on approximately 2.6 acres in Highland Park, Illinois, for $2.225 million.

The luxury property featured six bedrooms, five and a half bathrooms, a movie theater, sauna, game room, wine cellar and an indoor basketball court featuring Pippen’s Chicago Bulls jersey on the floor.

Pippen listed the property for approximately $3.1 million in 2016. After remaining on the market for several years, the asking price was reduced to $1.899 million. He also rented the home for as much as $16,000 per month while searching for a buyer.

The property eventually sold for just under $2 million in 2021.

Pippen also owned a waterfront mansion in Fort Lauderdale, Florida. The Venetian-style property featured a swimming pool, basketball court, gourmet kitchen, game room and media room.

The property had been listed for as much as $16 million and was also offered as a luxury rental for approximately $40,000 per month.

Pippen eventually sold the Florida mansion for $10.54 million in September 2021.

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