Charles Barkley Net Worth Is A Cool $30 Million!
Charles Barkley is an American national who gained fame and fortune from his participation in the NBA as a professional basketball player. His professional career lasted for 16 years, playing for the Houston Rockets, Phoenix Suns and Philadelphia 76ers. He was first drafted by the 76ers in 1984 and remained with the team for 8 years. He was then traded to the Phoenix Suns, and later on to the Houston Rockets.
During his career, Barkley won various awards and was recognized as an NBA All-Stars for a total of 11-times, and an NBA Most Valuable Player in 1993. In the 1992 and 1996 Summer Olympics, he was part of the U.S “Dream Team”, whereby he managed to win 2 gold medals. Even though Barkley had made many personal accomplishments in the duration of his career, he never managed to scoop an NBA championship.
Barkley’s current net worth is estimated to be $30 million. He earned an incredible amount of $40.3 million in salary alone. His salary hit the highest point in 1999 during his final season with the Houston Rockets, whereby he was paid a total of $9 million. During his pro career, he also earned from a number of endorsements with famous companies such as Nike, T-Mobile, Coca Cola, Weight Watchers, Taco Bell, and McDonalds.
Barkley retired from active sports in the year 2000. His net worth, however, has been impeded by his gambling addiction, which has plagued him for many years. The star admitted to have lost a total of $10 million to gambling during his lifetime. At one time, he lost $2.5 million over 6 hours playing blackjack. Today, Barkley is considered as one of the most popular National Basketball Association television analysts. In the year 2000, TNT employed him to fill the position of studio analyst for their show known as “Inside the NBA”. Barkley renewed this contract with TNT in the year 2002, and now earns an estimated yearly salary of $1.5 million.