Tag: Michael Jordan

  • Scottie Pippen Net Worth (2023)

    Scottie Pippen Net Worth (2023)

    Scottie Pippen’s Net Worth is $20 Million

    Not everyone can go from smalltown kid to NBA big shot and rake in the dough. And yet, that’s exactly what Scottie Pippen did. He accumulated a net worth of $20 million by 2023 and forged a legacy that included six NBA championships.

    You might think of Scottie Pippen as the loyal sidekick to the legendary Michael Jordan, on the Chicago Bulls in the late ’80s and ’90s. But the man is a legit superstar in his own right, with a killer career and a loaded bank account that would make anyone green with envy. From pocketing crazy basketball paychecks, trying his hand at all sorts of businesses, and even launching his own brand, there’s hardly a dull moment in Pippen’s world.

    NameScotty Maurice Pippen Sr.
    ProfessionRetired NBA player, Businessman
    Net Worth$20 Million
    BirthplaceHamburg, Arkansas, USA
    BirthdaySeptember 25, 1965 (Libra)
    NationalityAmerican
    Height 6 ft. 8 in. (203 cm)
    Relationship statusDivorced

    From Humble Beginnings to NBA Stardom: Scottie Pippen’s Early Career & Breakthrough

    Picture this. It’s September 25, 1965. Scottie Maurice Pippen joined the world in Hamburg, Arkansas on September 25, 1965. He’s the twelfth child in the Pippen clan, with parents Preston and Ethel leading the pack. Though Scottie was into all kinds of sports growing up, basketball was his favorite and the one at which he most excelled. Serving as his guiding star was NBA icon Dr. J, Julius Erving.

    Graduating high school was a milestone, but Scottie wasn’t getting showered with basketball scholarships. He was all height and no heft. But he didn’t let that get him down. Instead, he headed to the University of Central Arkansas. During his time at university, Pippen put on 60 pounds and shot up six inches. His transformation got people talking, specifically scouts, and his NCAA career took off.

    Soon he was ready for the big time. Scottie got picked by the Seattle SuperSonics in the 1987 NBA draft’s first round but was immediately traded to the Chicago Bulls. Even as a rookie he became a regular in the lineup, impressing everyone with his all-around skills. He had it all: dominating under the basket, slick with the ball, and shooting like a pro.

    Walking into the Bulls’ den, Scottie naturally found himself playing in the massive court presence that was Michael Jordan. But he did not stay in MJ’s shadow long. His epic play made people sit up and take notice, and by 1990, he was in his first All-Star game of seven. That was step one of his A-list career that led to back-to-back-to-back NBA Championships with the Bulls, from 1991 to 1993.

    Then, the unthinkable happened: MJ retired. This put Scottie front and center. In the 1993-94 season, Scottie rallied the Bulls to a 55-27 record. He showed the world he could run the show without MJ, becoming the Bulls’ new top dog. And so began the rise of Scottie Pippen, securing his spot in the NBA Hall of Fame.

    Scoring Points and Dollars: Pippen’s Income from His NBA Career

    In the 1980s, NBA salaries weren’t as sky-high as they are today. Pippen wasn’t an exception to this rule. Cutting his teeth in the NBA, he scored a four-year deal for $2.8 million in 1987. Fast forward to ’91 and Pippen cashed in on a seven-year deal worth $19.4 million—almost chump change by today’s standards though it was a princely sum at the time.

    Roll on to the Bulls’ fifth NBA title in the ’90s, and Pippen’s salary of $2.7 million in ’98 looked a little sad next to MJ’s jaw-dropping $30-million paycheck.

    Pippen’s fortunes flipped in ’99 when he inked a five-year deal with the Portland Trail Blazers for $77.3 million. That’s about four times his total dough from his first 11 NBA seasons! Overall, Pippen bagged an estimated $109.9 million during his NBA spree, his fattest check being a $67.2-million deal with the Bulls in ’99.

    Diversified Earnings: Pippen’s Income from Alternative Sources

    Perhaps Scottie wasn’t earning as much on the court as he should have done, but you could hardly say he starved his bank account. Aside from his NBA paychecks, Scottie drew in the funds by working with some of the world’s biggest brands like Nike, Ameritech Cellular TV and Coca-Cola. He even got in on the sneaker game with the Nike Pippen 1s from ’97.

    The guy’s got a shark-like appetite for business too. He’s explored different industries. And while some endeavors failed to pay off, we admire the man who is not averse to taking risks. After all, you have to spend money to make money, right?

    Fast forward to 2021, Pippen spiced things up and launched DIGITS Bourbon. Yup, he’s the brains behind his own brand of booze, reflecting his boss-level entrepreneurial energy.

    Scottie’s High-End Possessions and Charitable Acts

    What’s Scottie Pippen been splurging on after raking in the big bucks from his career?

    Let’s talk houses first. Pippen’s got a real estate collection to die for. One of his prized pieces? A 10,000-square-foot property in Highland Park, Illinois, with five bedded rooms. He snagged it back in 2004 with his then-wife Larsa for $2.23 million. And, he’s pimped it out since then – we’re talking a gym, an infinity pool, a waterfall, and, of course, a basketball court.

    His garage is just as impressive. That’s where his Mercedes-Benz G-Class and a 911 Porsche Turbo Cabriolet reside alongside an insanely priced Ferrari F458. And in 2002, he splashed out $4 million on a Gulfstream jet, but more on that later.

    But Pippen isn’t just about flashy purchases. The guy’s got a heart of gold too. In 2022, he teamed up with the DICK’S Sporting Goods Foundation’s Sports Matter program for a basketball camp and gear giveaway. The event saw over 700 people from 30 different nonprofit organizations in Chicago, all getting a chance to hang with Pippen.

    A Glance at Pippen’s Court: Scottie’s Personal Life

    Scottie Pippen’s life off the court is just as colorful and riveting as his time on it. Being the youngest of 12 kids sure gave him a crash course on family hustling. 

    Scottie has been married twice. First, he tied the knot with musician Karen McCollum. They had a son, Antron, in 1987. They called it quits in 1990, but word is, they stayed on friendly terms.

    Love struck again in ’97 when Scottie married future Real Housewives diva Larsa Younan. Together they had four kids: Scotty Jr., Preston, Justin, and Sophia Pippen. Even after two decades of marriage, they split up in 2018.

    But Scottie’s tribe doesn’t stop there. He has a daughter, Sierra, with an ex, Yvette Deleone. And with another ex, Sonya Roby, he had twin girls, Taylor and Tyler, though Tyler tragically didn’t survive birth. They’re all carving their own life paths, from Scotty Jr., who’s shooting hoops professionally, to Taylor, who’s acing the finance gig like her mom.

    Turbulence Off the Court: Major Events in Scottie Pippen’s Life

    Scottie got himself into a tight spot in the early 2000s when he splashed $4 million on a luxury Gulfstream jet. Due to a missed check-up, however, the aircraft needed a $1-million revamp and never took flight. Pippen pointed an accusatory finger at his lawyer, and in 2011, he scored $2.37 million for this rogue deal. When some media outlets started saying he’d gone bust in 2011, he sued them, demanding a million from each for what he called a ‘foul libel.’

    And 2020 kept things spicy for Pippen. He featured prominently in the hugely popular Netflix docuseries The Last Dance, about the Chicago Bulls’ dominance in the NBA in the 1990s. Pippen took umbrage with the massive pay gap between Michael Jordan, who scored $10 million for his role in the series, while the rest of the Bulls squad, Pippen included, weren’t remunerated at all.

  • Michael Jordan’s Net Worth in 2023

    Michael Jordan’s Net Worth in 2023

    Michael Jordan’s Net Worth is $3.5 Billion: Jumpman’s Jackpot

    You’ve probably watched those sweet throwback clips, caught the fresh highlights, or even binged that docuseries The Last Dance—all showcasing the slam-dunk king himself, Michael Jordan. His Airness is instantly recognizable—even his silhouette is more famous than a majority of today’s celebrities. But MJ was more than just a celeb on the court, the man is an icon, even to many who have never watched a basketball game.

    As of 2023, Jordan sits pretty with a $2 billion net worth. Not bad for a player who retired in 2003. Of course, it wasn’t all sports that brought him into the billionaire’s club. He slam-dunked in the boardroom too (sounds cheesy but it’s true). From endorsement deals to wagering it smart with investments, his bulging bank balance goes a long way in showing just how competitive and business savvy he really is. He didn’t just play to win – he lived to win.

    NameMichael Jeffrey Jordan
    ProfessionProfessional Basketball Player (Retired), Businessman
    Net Worth$2 Billion
    BirthplaceBrooklyn, New York, USA
    BirthdayFebruary 17, 1963 (Aquarius)
    NationalityAmerican
    Height6 ft 6 in (198 cm)
    Relationship StatusMarried to Yvette Prieto

    The Ascent: From Brooklyn Roots to Bullish Leaps

    Michael Jordan was born on February 17, 1963, in Brooklyn, New York. His parents, James and Deloris, had a total of five kids, with Michael wedged in the middle. He attracted eyeballs in college for his unreal basketball skills at the University of North Carolina, even nabbing Freshman of the Year honors, thanks to a killer last-minute shot that won them a national championship.

    By his junior year, Jordan was dubbed the national player of the year, and that’s when everyone realized he was ready for the NBA. When the 1984 NBA draft rolled around, the Chicago Bulls didn’t waste any time snagging him as their third overall pick. Drafted above him? Akeem Olajuwon and Sam Bowie.

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    Despite not going first, Jordan had everything: uber-athletic jumps, unbeatable defense, and the instincts of a champion. This was the birth of the Jordan era. He wasn’t just a basketball player anymore; he was THE basketball player.

    Jordan’s Cash Rain in the Court

    What Michael Jordan made on the NBA court is enough to make your eyes pop. For the 1997-98 season, he pocketed $33 million! And that’s just for a single season. To put that into perspective, it’s more than what many players make in their entire careers.

    His NBA salary was just the tip of the iceberg. MJ got to cash in big time, thanks to a flood of endorsements. Companies like Nike, Gatorade, Hanes, McDonald’s, and Upper Deck helped his bank account grow exponentially. Classic case in point: in ’84, Nike dropped the Air Jordans, a sneaker line that revolutionized shoes (and indeed, endorsements). This deal with Nike later gave birth to the Jordan Brand, which, just last fiscal year made $5.1 billion, leading to an insane royalty check of $256 million for Jordan.

    And here’s the kicker: When he first teamed up with Nike, Jordan was guaranteed $500K a year, along with royalties—a deal unheard of before then. Even now, Jordan deals in percentages, taking home a cool 5% royalty of the Jordan brand’s earnings.

    An Empire Beyond the Court: Jordan’s Diverse Wealth Portfolio

    Michael Jordan crushed it on the court, but what you may not know is how he’s been totally nailing it in the world of business too. His slam dunks started filling up his bank balance, but diversifying his income was what really launched MJ into that eye-watering billionaire club.

    In 2020, Jordan took his competitive streak into the boardroom, becoming an adviser and investor at DraftKings, the sports betting company. That same year, he got into the fast-paced world of NASCAR, co-owning the 23XI team, adding even more sparkle to his investment portfolio.

    Then, when it comes to having a hands-on role in one’s business affairs, nothing showcases Jordan’s investment smarts quite like the Charlotte Hornets. He laid out $275 million to snag the team in 2010. This move turned out to be a money-multiplying masterstroke, proving that Jordan knew basketball both as a sport and a business. He sold his majority stake in 2023, reportedly netting $2bn.

    Not one to stop at sports, Jordan popped his entrepreneur cap on and set up his steakhouse, Michael Jordan’s Steak House, in ’93. With branches now in Illinois, Connecticut, and Washington, Michael’s “stake” in the restaurant world is considerable. And, to wash down that slab of beef, why not sample some of his tequila? In 2019, he and four other NBA team owners launched Cincoro. As of today, the liquor is still going strong.

    Living Large: Jordan’s Possessions and Generosity

    If you’ve got the kind of dough that Michael Jordan has, snagging some seriously swanky stuff from around the globe is no big deal. Over time, MJ’s splashed some major cash on killer pads and luxury wheels.

    The real jewels in Jordan’s crown? His real estate. In 2013, he bought a $2.8-million lakefront property in North Carolina and a $12.8-million mansion in Jupiter, Florida. Then there’s his ritzy penthouse in the heart of Charlotte and a plush pad in the ski town of Park City. We didn’t even know he skied!

    Cars, you ask? Yes, he’s got ’em. In fact, he’s got everything from an ’84 Chevrolet Corvette C4 ($11,550) to a jaw-dropping 2023 Hennessey Venom F5 Revolution Roadster that cost him $3.5M–$4M.

    But the luxe doesn’t stop on land. Jordan’s got his sea legs firmly planted on his $8-million fishing yacht and two epic super yachts, Joy and M’Brace, that cost him $80 million and $115 million respectively.

    He’s got land and sea covered, but what about air? He’s got that covered, too, with a custom, tricked-out private Gulfstream G-IV that set him back a cool $61 million.

    Now, MJ isn’t just about populating land, sea, and air with his private properties. He’s also known for giving back. He’s donated millions to Friends of the Children, a group working to promote expansion work in Charlotte and Chicago. He also gave $2 million to help out in the aftermath of Hurricane Florence in 2018, and $7 million in 2017 to fund health clinics in Charlotte.

    Beyond the Spotlight: Michael Jordan’s Personal Life

    Despite the crazy amounts of money being bandied about in this article, MJ’s personal life is actually relatively normal. At the heart of it is his family. and it’s all about family.

    Love was on the horizon for Michael when he married Juanita Vanoy in ’89. They started their own family with kids Jeffrey, Marcus, and Jasmine (People). Sadly things didn’t work out, and they went their separate ways in 2006.

    But don’t worry, it’s not all heartbreak. Jordan found love again and got hitched with Yvette Prieto in 2013, kickstarting a new chapter in his life story. In 2014, the Jordan family got a little bigger with the arrival of twin girls: Victoria and Isabell.

    Jordan’s Life Off the Court: Major Events and Controversies

    Michael Jordan’s world was shaken in 1993 when his father, James Jordan Sr., was murdered. Such was the impact on Michael life that he removed himself from the world of basketball that same year. His father had been present for so much of his son’s career that, we assume, to forge ahead without him would be too much for Michael.

    After he returned to the game, Jordan found himself tangled up in some drama with teammate Steve Kerr ahead of the 1995–96 season. A heated exchange during scrimmage led to Jordan punching Kerr. It was a hot topic in the media, but the two teammates got passed the tussle and, Kerr says, solidified their mutual trust.

    In 1996, MJ was caught up in a storm around Nike’s questionable labor practices. He remained tight-lipped on the issue, though there was no end to the debate regarding celebrities’ responsibilities for the brands they endorse.