NET WORTH

Scottie Pippen Net Worth – Unpacking Scottie Pippen’s Financial Success

Scottie Pippen Net Worth - Unpacking Scottie Pippen's Financial Success
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Scottie Pippen, born September 25, 1965, is a retired American professional basketball player renowned for his 17-season career in the NBA, notably winning six championships with the Chicago Bulls.

Regarded as one of the greatest small forwards ever, Pippen earned numerous accolades, including seven NBA All-Star selections, eight NBA All-Defensive First Team nods, and inclusion in the NBA’s 50 Greatest Players list.

He also excelled in international play, winning Olympic gold in 1992 and 1996 as part of the “Dream Team.” Pippen was inducted into the Naismith Memorial Basketball Hall of Fame twice and had his jersey retired by both the Bulls and the University of Central Arkansas.

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Scottie Pippen’s Net Worth

Scottie Pippen’s net worth is estimated at $20 million, but he faced a significant financial setback due to his former financial advisor, Robert Lunn. Pippen sued Lunn in 2016, alleging that Lunn, who was recommended by the Bulls, misappropriated $20 million of his money.

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Lunn invested over $7 million in a real estate deal that went bankrupt, advised Pippen to buy a non-working Gulfstream jet for $4 million, and forged Pippen’s signature on a $1.4 million loan to settle personal debts. Lunn was sentenced to three years in prison for fraud.

Early life

Scottie Pippen was born in Hamburg, Arkansas, to Ethel and Preston Pippen, the youngest of 12 siblings. His parents, both tall individuals, struggled financially, and Pippen, despite his height, did not receive any college scholarship offers.

He attended Hamburg High School, where he excelled as a point guard, leading his team to the state playoffs and earning all-conference honors. Pippen’s father, who worked in a paper mill, suffered a stroke that left him paralyzed on one side and impacted his ability to walk and speak.

Career

Scottie Pippen began his college basketball career as a walk-on at the University of Central Arkansas, where he experienced a significant growth spurt, going from 6 ft 1 in (1.85 m) to 6 ft 8 in (2.03 m). His standout performances earned him NAIA All-American honors in 1986 and 1987, drawing the attention of NBA scouts.

Drafted by the Chicago Bulls in 1987, Pippen became a key player alongside Michael Jordan, helping the Bulls win six NBA championships. After leaving the Bulls, Pippen played for the Houston Rockets and the Portland Trail Blazers before returning to the Bulls for his final season in 2003–2004.

Personal life

Scottie Pippen, although his birth certificate spells his given name as “Scotty“, is commonly known as “Scottie“. He has been married twice. His first marriage to Karen McCollum ended in 1990 after having a son, Antron Pippen (1987-2021). In 1997, he married Larsa Pippen, with whom he has four children: Scotty Jr., Preston, Justin, and Sophia.

Scottie and Larsa Pippen. PHOTO: SERGI ALEXANDER/GETTY

Scottie also fathered twin daughters, Taylor and Tyler Roby, and another daughter with his former fiancée, Yvette De Leon. Pippen’s financial woes emerged post-retirement due to fraud by his advisor, and he gained notoriety for reportedly being a poor tipper at restaurants.

Who is the lowest paid player in the NBA?

Mouhamed Gyueye holds the distinction of being the lowest-paid NBA player in 2024. Drafted as the 39th pick in the 2023 draft by the Charlotte Hornets, his rights were subsequently traded to the Boston Celtics and then to the Atlanta Hawks.

Conclusion

The tale of Scottie Pippen is one of passion, dedication, and immense skill. While his financial journey has seen its ups and downs, his contribution to the world of basketball is priceless. His legacy serves as an inspiration to budding athletes, proving that with hard work and dedication, dreams can indeed become reality.

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FAQs about Scottie Pippen’s Net Worth
  1. What is Scottie Pippen’s net worth in 2023?
    • Scottie Pippen’s estimated net worth stands at $20 million.
  2. How much did Scottie Pippen earn throughout his NBA career?
    • Over his 17-year NBA stint, Pippen earned over $109 million in salary.
  3. Who are some of the basketball legends associated with Pippen?
    • Scottie Pippen played alongside greats like Michael Jordan and was a pivotal part of the U.S. “Dream Team” in the Olympics.
  4. Which team is most associated with Pippen’s career?
    • The Chicago Bulls, with whom Pippen won six NBA championships.
  5. Has Scottie Pippen been inducted into the Hall of Fame?
    • Yes, Pippen is a two-time inductee into the Naismith Memorial Basketball Hall of Fame.

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