Charles Barkley spent 16 years in the NBA. He retired in 2000 and began his broadcasting career, which the 56-year-old continues today as an analyst on TNT. Barkley has famously appeared in commercials for companies like Nike, McDonald’s, T-Mobile, and Weight Watchers.
The power forward hasn’t amassed nearly as much as Earvin “Magic” Johnson’s net worth of $600 million. Barkley doesn’t earn as much as Al Michaels, who makes $6 million calling NFL play-by-plays, or three-time National Sportscaster of the Year, Joe Buck, who also makes $6 million.
Yet Barkley has still amassed quite the fortune. So how much is he worth exactly? And what did it take for him to earn it all?
Charles Barkley’s NBA years
Barkley played at Alabama’s Auburn University during the early ’80s. Then, in the 1984 NBA Draft, the Philadelphia 76ers picked him fifth overall. He played mostly as a power forward for eight years with the team. Then he spent four years with the Phoenix Suns and four more with the Houston Rockets.
Barkley earned NBA MVP honors in 1993, participated in 11 NBA All-Star games, became NBA All-Star MVP in 1992, and joined the All-NBA First Team five times. He also played on the U.S. Olympic Men’s Basketball Team in the 1992’s Barcelona Games and 1996’s Atlanta Games.
During that 16-year period, Barkley made 20,000 points and had 10,000 rebounds and 4,000 assists. He was inducted into the Naismith Memorial Hall of Fame in 2006 for his individual career and again in 2010 as a member of the 1992 Olympic “Dream Team.” The NBA has even retired his No. 34 jersey.
During his NBA years, Barkley reportedly earned $40.3 million, including $9 million he made with the Rockets in his final year.
Barkley’s commercials and work as a pitchman
No athlete has earned as much from Nike as Michael Jordan. But certainly, some pros have or continue to pick up a handsome sum from the brand.
In 1992, Barkley said he had, “two million reasons not to wear Reebok.” He was being paid by and wearing Nike at the time. Whether he had a $2 million contract or received that amount from Nike is not clear. Through at least 2015, however, Barkley still earned money from Nike reissuing his shoes.
Undeniably, Sir Charles’ most infamous commercial came in 1993, when he stated, “I am not a role model,” in a Nike ad. While knowing full-well that children look up to athletes, Barkley didn’t feel he should be responsible for anyone. He adamantly said, “Just because I dunk a basketball doesn’t mean I should raise your kids.”
In 2012, Barkley became a spokesman for Weight Watchers. Appearing in a black dress, heels, and a wig, the 6-foot-6 athlete touted the benefits of the weight-loss program for men. “If this is what I gotta do to get you to listen, then take a good look,” he said, comically adding, “My eyes are up here, guys.”
Barkley’s career as a broadcast analyst
Career Trend reported that, according to the U.S. Bureau of Labor Statistics, sports analysts earned $79,050 as a mean wage in 2010. It further stated that a former NBA-player-turned-broadcast-analyst like Barkley, Bill Walton, or Isiah Thomas “can earn as much as $750,000 per year.”
Barkley is a popular analyst. Others have reported that he earns about twice that sum with TNT. He’s announced his intention to retire from broadcasting a few times in the past decade. Most recently, he said his retirement will come in 2023 when he turns 60.
Barkley’s net worth: $40 million
All in all, Barkley has a net worth of about $40 million, according to Celebrity Net Worth. He’s had gambling problems and admits to losing some $10 million in total over the years. Barkley even said he lost about 25% of that amount in less than six hours while playing blackjack.
In addition to his costly habit, Barkley appreciates the finer things. His Scottsdale home has an estimated worth of $2.2 million, and he has a fondness for upper-class cars including his Bentley and Lincoln Navigator.
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