An American former basketball player, athlete, and sports commentator, Charles Barkley is worth an estimated $50 million. Barkley made a total of $40.3 million in his playing career. During his final season with the Houston Rockets in 1999, he was paid $9 million, which was his biggest pay year. In today’s dollars, that’s more than $14 million.
Advertorial arrangements with corporations like Nike have made him a multi-millionaire. He is said to have lost between $10 and $30 million in gambling over his lifetime.
What is Charles Barkley Net Worth?
|Net Worth:||$50 Million|
|Age:||60 Years Old|
|Born:||February 20, 1963|
Charles Barkley Infancy and Childhood
Charles Barkley was born on February 20th, 1963 in Leeds, Alabama. When he was a child, his father left the home. As time went on, Charles’ mother married again and had five more children, but his stepfather tragically died in an accident when Charles was just 11 years old.
In his senior year at Leeds High School, he was seen by Auburn University’s head basketball coach, who happened to be in attendance at one of his best games. He majored in business administration while a student there from 1981 to 1984. As a member of Auburn’s basketball team, he played for three seasons.
Dunks and blocked shots made Barkley a household name in no time. He wasn’t built like a traditional basketball player: he was underweight and had a difficult time maintaining his weight loss. The SEC Player of the Year title was among the several honours he received during his time at Auburn.
Basketball Career in the NBA
During his junior year at Auburn, Barkley was drafted by the Philadelphia 76ers as the 5th overall pick in the NBA Draft’s first round in 1984. By the 1986-87 season, he was the team’s captain and the Sixers’ franchise player. He played in six NBA All-Star games for the Sixers, two of which he won the MVP award. After eight seasons in Philadelphia, Barkley had become a household name and even had his own Nike signature shoe line.
Charles was traded to the Phoenix Suns in 1992 as part of a transaction. He averaged 25.6 points and 5.1 assists per game as the Suns won their best record in the NBA. After being moved, he became only the third player in NBA history to be awarded Most Valuable Player. He was also selected for his sixth All-Star Game appearance. He said that the 1995-96 season would be his last with the Suns because of significant back pain. All-NBA and All-Star selections as well as a career-best.777 free-throw shooting % were Barkley”s achievements during his stint with the team.
Unfortunately, Charles’ 1996 trade to the Houston Rockets did not proceed as anticipated. He was suspended for the start of the season after getting into an altercation with Charles Oakley during a preseason game. Throughout the season, he was plagued by severe back pain, and he was forced to miss 14 of the team’s 67 games. Despite this, he was able to become the club’s second-leading scorer.
It was the Rockets’ fifth straight NBA title run, but it ended in heartbreak as Utah Jazz knocked them out in six games during Game 7. His final season in the NBA came in 1999-2000, when he was still plagued by ailments and suffering. After an emotional farewell on the court in 2000, he announced his retirement and earned induction into the Naismith Memorial Basketball Hall of Fame, which he did to a standing ovation.
Olympic Sports Careers: Charles Barkley
In 1994, Charles was requested to try out for the United States men’s basketball team for the 1984 Summer Olympics in Los Angeles. His efforts were not enough to get him a place in the final round of the competition. With teammates like Magic Johnson, Larry Bird, and Scottie Pippen on the “Dream Team,” he helped the men’s team win the gold medal in the 1992 Olympics.
A new American men’s Olympic record for three-point field goal percentage was achieved by Barkley (87.5 percent ). When he deliberately elbowed a fellow player during a game, fans were unsurprised, considering his penchant for trash-talking and taunting competition. Barkley led the league to a championship in Atlanta in 1994.
The “Dream Team” was inducted into the Naismith Memorial Basketball Hall of Fame in 2010 for their historical accomplishments and impressive lineup. Sports Illustrated referred to the team as “perhaps the most dominating group ever assembled in any sport”. The Dream Team craze aimed to rekindle passion for sports on a national and international scale.
An Acting Career: Charles Barkley
He played himself in the 1996 film Space Jam. He appeared in the third episode of the fifth season of the television programme Suits. In addition, he appeared in the sixth season of Modern Family. Cartoon versions of him appear in both Clerks: The Animated Series and We Bare Bears. There is an episode of “The Pina Colada Song” on The Goldbergs this year starring him. Barkley hosted Saturday Night Live four times between 1993 and 2018.
A Job in the Television Industry
TNT’s NBA coverage has featured Barkley as a studio commentator since 2000. Barkley and other former NBA players appear on “Inside the NBA,” a post-game show in which they review the day’s NBA games. There are three Sports Emmy Awards that he has received for his work as an excellent studio commentator. A studio analyst for CBS has also worked with him. When it comes to Final Four coverage, he’s been there since 2011. He plans to retire from television in 2023. TNT pays him $6 million a year.
When Barkley was in the NBA, he picked up golf. He frequently participates in the American Century Championship’s pro-am competition. However, he was formerly believed to be a poor golfer with a particularly bad swing; however, he eventually learned how to improve his swing and performed better in the American Century Championship.
Video games are a kind of entertainment.
There have been several video games in which Barkley has been featured. A basketball video game called Barkley Shut Up and Jam! was created by Accolade. Super NES and Sega Genesis/Mega Drive versions were published in 1994, with a sequel releasing in 1995 for just the Genesis. In 2008, Gaiden, an unlicensed successor to Barkley, was published. Barkley took on the Houston Rockets in an NBA Courtside game alongside Kobe Bryant.
The NBA 2K13 game features Barkley, who was a member of the 1992 Olympic “Dream Team.” Barkley has a similar role in NBA 2K17.
Commercials and Endorsements
Throughout his career, Charles has been a well-known product pitchman for a variety of businesses. “I am not a role model,” he claimed in a well-known Nike ad during his career. One may also find McDonald’s and Coca-Cola on his endorsement list. A WeightWatchers spokesman since 2011, Barkley promotes the company’s weight loss programme “Lose Like a Man” on the internet and television.
In 1991, Barkley’s life was chronicled in Books Outrageous, a book he co-wrote with writer Roy S. Johnson. Barkley wrote the foreword to Rick Reilly’s book The Life of Reilly in 2000, while Sports Illustrated journalist Rick Reilly did so. Barkley released I May Be Wrong, But I Doubt It in 2002, with close friend and editor Michael Wilbon revising and commenting on the manuscript..
‘Who’s Afraid of a Big Black Guy?’ was Barkley’s first book. A compilation of interviews with prominent figures in entertainment, business, sports, and politics was published three years later.
Barkley married Maureen Blumhardt in 1989, and the pair had a daughter, Christina, together. Barkley is well-known for his penchant for taking chances. He has admitted to losing $10 million to $30 million in gambling throughout the course of his life, including a $2.5 million loss in less than six hours while playing blackjack.
Barkley, a lifetime Republican, shifted his allegiance to Barack Obama in the 2008 presidential race. For long years, he contemplated running for governor of Alabama as an Independent. One of the most vocal critics of President Trump, Barkley has also been an outspoken supporter for gay rights.
Philanthropy: Charles Barkley
Barkley established a relief fund to assist hospital staff during the corona-virus epidemic. He has provided substantial quantities of money to universities in the past. Consequently, he donated $1 million to the Alabama A&M University in Huntsville. He also donated $1 million to Clark Atlanta University in Atlanta.
Charles Barkley is expected to have a net worth of $50 million as of 2022. One of the NBA’s best players, Barkley, has been elevated to the top 50. In addition to his Hall of Fame career, Barkley is a well-known NBA analyst for the Emmy-winning Inside NBA.
He’s developed into a consummate artist and pop-culture figure, even if his views don’t always align with those of the general public.