We as fans have long heard about NBA players and their total net worth both during and after their playing days. Those same questions float around the six-time NBA Champion Scottie Pippen as he enjoys his retirement working as an NBA analyst with ESPN.
What Is Scottie Pippen’s Net Worth? As of April 2022, it is widely estimated that Scottie Pippen’s net worth is sitting at $20 million. After earning over $100million during his 18 year playing career he has published books and works as a TV personality.
Pippen played at a time that spanned widely different levels of wealth in the NBA. He was drafted in 1987 when the Salary cap was just $6.1 million. He retired in 2004, the salary cap for 2005 was almost $50million. A radical shift during his playing career.
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Has Pippen Struggled Financially
There were multiple reports throughout the years when Pippen left the NBA, all circling around the idea that he was becoming broke due to poor spending habits. However, there were a ton of conflicting reports with this idea that basically claimed that the previous accusations were just exaggerated. Whatever the case may be, Pippen was still able to hold onto enough of his money to maintain a high net worth. Plus, a good boost in his earnings came from a random source. Pippen had to sue his own financial advisor named Robert Lunn back in 2016. The Chicago Bulls organization actually highly recommended Lunn to Pippen, though he wound up wasting approximately $20 million of Pippens money. No matter who you are, that’s gotta sting. Once he learned that Lunn was stealing his investments and committing bank fraud, he decided to sue him for all that he had done. Throughout the case it was revealed that Lunn even gave away $7 million of Pippens money to a friend of his who invested that money into real estate. It didn’t work out as expected and the money was gone immediately. Then to top it all off, Lunn advised Pippen to drop $4 million on a private jet that ended up not being fully functional, costing another $1 million to fix it and get it up in the sky. The court wound up ruling in favor of Pippen, sentencing Lunn to three years in prison. He was hit with multiple fraud accounts including taking a $1.4 million loan by forging Pippen’s signature to pay off his own debts. So, I think it’s safe to say that those previous reports of him being financially irresponsible aren’t his own fault.
New Book Helps Financially, Damages Reputation
Pippen hasn’t just been sitting around doing nothing with his time lately though, he has even released a new book shortly after the documentary involving the Chicago Bulls called the Last Dance was released. You can find it under the title of ‘Unguarded’ and it absolutely slams the documentary and Michael Jordan himself. The release actually caught a ton of people off guard. He made quotes like, “I was nothing more than a prop. His ‘best teammate of all time’, he called me. He couldn’t have been more condescending if he tried.” He then went on to say, “Producers had granted Jordan editorial control of the final product, the doc couldn’t have been released otherwise.
“He was the leading man and the director. Michael was determined to prove to the current generation of fans that he was larger than life during his day.”
This wasn’t what people expected when they heard that the book was going to be a “response” to the documentary that everybody seemed to love when it was released. The book also saw him take aim at some of Phil Jackson’s methods of coaching. He didn’t ever appreciate some of the gifts that Jackson regularly handed out including books. On top of that, he apparently wasn’t a fan of the meditation and other methods that Jackson was a fan of back then. Either way, the attacks may have helped out with the number of sales he earned, but his reputation may have been damaged too much to recover.
We must not forget though that in the 1 full season Jordan was absent from the team to play baseball, Pippen admirably filled the role of leading man. Leading a Bulls side that had replaced the greatest player of all time, with nothing, to the conference SemiFinals. In this epic 1993-94 season the Bulls narrowly missed out on a berth in the conference finals, losing in 7 games to a strong New York Knicks team. Oh and Pippen did this…
Endorsements helped Pippen out
As you could probably expect, Pippen made a good amount of money with the endorsements he earned along the way. He worked with the Avia brand for a little while during his playing career but made the long-awaited switch over to Nike. Pippen was even an ambassador for the brand at one point with how popular his shoes were selling back in the day. On top of that, he picked up a handful of other prominent deals with big-name companies like McDonald’s, Right Guard, Coca-Cola, Visa, Ameritech Cellular TV and Frito-Lay. This isn’t even mentioning the fact that Pippen found his way into several different cameo roles that earned him extra money throughout his life. According to his IMDb page, he picked up roles in He Got Game, Chicago Fire, ER and Fresh Off the Boat. Though those were just his most popular pieces of work that he was involved in. His most recent came in 2022 when he was a part of another television series called Single Drunk Female. Pippen definitely isn’t known as an actor, but with the amount of work he has gotten over the years you may think that way. Unfortunately, they didn’t help him out too much as issues with his financial advisor and two divorces really hurt him when it comes to his net worth. His net worth actually looks shocking next to his co-star Michael Jordan, who is listed above $2 billion in total net worth as of 2022. At the end of the day though, he is still worth a lot more than the average person. His book sales are still churning every single day and his recent appearances on other basketball related TV shows will likely take in even more money down the line.