Charles Barkley Net Worth

Charles Barkley Net Worth

Charles Barkley Net Worth: $30,000,000

Related Net Worths: Michael Jordan, Scottie Pippen, Kobe Bryant, Shaquille O’Neal, Hakeem Olajuwon, Kevin Durant, Jeremy Lin, LeBron James, Larry Bird, Tracy McGrady, Dwight Howard, Chris Paul, Carmelo Anthony, Karl Malone

Sources: Philadelphia 76ers, Phoenix Suns, Houston Rockets, TNT, Nike, T-Mobile, Coca Cola, Taco Bell, McDonald’s, Weight Watchers

Charles Barkley is a former NBA power forward and current NBA broadcaster with a net worth of $30 million. A much-decorated athlete, Barkley capitalized on his successful NBA career and on-camera popularity to earn a spot as an analyst on TNT’s “Inside the NBA” in 2000.

Despite being well-liked by fans and players, Barkley’s career has also involved a number of controversies, including a 1991 incident when he attempted to spit on a racist fan, but instead hit a young girl.

Throughout his 16 years in the NBA, Barkley managed to earn a total of $40.3 million in salary, plus millions more in endorsements. He now earns an estimated $1.5 million annually for his role on “Inside the NBA,” in addition to his other earnings from continuing endorsement deals. Here’s a closer look at the ups and downs of Barkley’s bank account.

NBA Career

Barkley got his start in the NBA in 1984 with the Philadelphia 76ers, and made the NBA all-rookie first team in 1985. After an eight-year stint with the 76ers, Barkley was traded to the Phoenix Suns and later to the Houston Rockets. By 1988-89, Barkley’s salary had already reached upwards of $1.5 million. In 1999, in his final season with the Rockets, his salary hit its peak at $9 million.

In 1993, in Barkley’s first season with the Suns, he was named the NBA’s Most Valuable Player. He also competed as part of the U.S. “Dream Team” in the 1992 and 1996 Summer Olympics, winning two gold medals. In addition, Barkley played on the NBA All-Star team 11 times throughout his career, and was named All-Star Game MVP in 1991. Despite these many personal accomplishments, however, Barkly never managed to win an NBA Championship.

Broadcasting Career

With nicknames like “Chuck,” “Sir Charles,” and “The Round Mound of Rebound,” Barkley was a popular media figure throughout his playing career. In 2000, the television station TNT offered him a job as a studio analyst for their show “Inside the NBA.” He renewed this contract in 2002 for with an annual salary of $1.5 million.

Gambling Losses

Barkley’s net worth has been hampered by his gambling addiction, which he has suffered from for many years. Barkley has admitted to losing an estimated $10 million to gambling in his lifetime, including a one-time loss of $2.5 million, which he lost over six hours playing blackjack.

Endorsements

Barkley’s lucrative career has involved several endorsement deals, including the famous “I am not a role model” Nike campaign, in which Barkley stated that athletes should not be considered role models. His other endorsement deals have included contracts with T-Mobile, Coca Cola, Taco Bell, McDonald’s, and Weight Watchers.


Article by Andre Williams. Connect with him on Google+



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