Charles Barkley Net Worth:
$ 50 Million
Salary of Charles Barkley
$ 6 Million
What is the value and income of Charles Barkley?
Charles Barkley is a retired basketball player and current television sports commentator with a total value of $ 50 million. During his playing career, Charles Barkley received a total of $ 40.3 million in salary alone. His senior year was his last season with the Houston Rockets in 1999 when he was paid $ 9 million. That is equivalent to about $ 14 million today after adjusting for inflation. He also earned tens of millions of licenses from companies like Nike. He also lost an estimated $ 10-30 million during his gambling life.
Charles Barkley was born on February 20, 1963 in Leeds, Alabama. When he was a baby, his father abandoned the family. Her mother later remarried and had two more sons, and her stepfather died tragically when Charles was just 11 years old. He attended Leeds High School and failed to make the varsity basketball team as a youngster, but developed his senior year enough to get the attention of head coach Auburn University who was one of his best players. He was employed by the university and was honored with business administration from 1981 to 1984. He has played Auburn college basketball for three seasons. Barkley quickly became well known for his dunks entertaining the crowd and blocked shots. He did not have the upper body type of basketball player — he was shorter than the average athlete and struggled to lose weight. However, he has received numerous accolades during his time at Auburn including the Southeastern Conference (SEC) Player of the Year.
Barkley left Auburn in his junior year and was listed as the fifth pick in the first round of the 1984 NBA Draft by the Philadelphia 76ers. In the 1986-87 season, he was the team leader, and the following season he became a Sixers franchisee. He played six star games during his time with the Sixers and was named MVP in both of them. Barkley’s eight seasons in Philadelphia made him famous and this time he still had his own shoe line that he signed with Nike.
In July 1992, Charles was sold to Phoenix Suns. He scored 25.6 points and a top performance of 5.1 assistants per game, leading Suns to NBA’s best record. He was awarded the Most Valuable Player shortly after the sale, just the third player to win the title shortly after the sale, and qualified for his seventh All-Star Game. Severe back pain cut his time with the Sun, and he announced that the 95-96 season will be his last in Phoenix. During his reign, Barkley led the team in re-tying, stealing, and scoring goals, and won the All-NBA and All-Stars medals, with a free kick of .777.
In 1996, Charles was sold to the Houston Rockets, and it got off to a bad start. He was suspended for the opening game of the season against Charles Oakley during the pre-season game. He continued to struggle with severe back pain and had to miss fourteen of the 67 games. However, he became the team’s second goal scorer. The Rockers finished the season with a 57-25 record and advanced to the finals, losing to Utah Jazz. Still plagued by injuries and pain, the 1999-2000 season was his last year in the NBA. On April 19, 2000, he walked out of the courtroom, immediately retired, and completed his 16-year career in the Hall of Fame.
Throughout his career, Charles has been a well-known actor of various brands. During his career he appeared in the famous Nike brand “I’m not a role model”. He also authorized McDonald’s and T-Mobile.
In 1994, Charles was invited to try out for the U.S. men’s basketball team. at the 1984 Summer Olympics. She reached the final stage of the test, but in the end she was not accepted. He formed part of the infamous “Dream Team” at the 1992 Olympics, which included the likes of Magic Johnson, Larry Bird, and Scottie Pippen, and won a gold medal as part of the men’s team. Barkley ended up being a member of the team that scored the most goals, and set a U.S. men’s record. the Olympics with a high percentage of three points (87.5%). Now known for his talk of trash and robbery, fans were not surprised when he intentionally hit another elbow during a game. In 1994, Barkley led the team to Gold and Atlanta.
“Dream Team” made history with its amazing program, and was inducted into the Naismith Memorial Basketball Hall of Fame in 2010. Sports Illustrated commented on the team being “the strongest team ever to be included in any game”. The Dream Team craze seemed to spark international interest in the sport and the world.
Barkley has emerged as a studio analyst for TNT NBA network since 2000. “Inside the NBA”, a post-game show where Barkley and other former NBA stars play NBA games that take place during the day. He has won three Sports Emmy awards for his work as a distinguished studio commentator. He has also been a studio commentator for collaborating on CBS NBA games. He has worked as a commentator on all Final Four broadcasts since 2011. He has indicated that he plans to retire from television in 2023.
Barkley married Maureen Blumhardt in 1989, and they both have a daughter, Christina (b. 1989).
Barkley is a well-known gambler. He has admitted to losing nearly $ 10 million, possibly $ 30 million, gambling in his life that includes $ 2.5 million lost playing blackjack in less than six hours.
Former Republican Barkley has backed down and announced his support for Barack Obama in the 2008 presidential election. For many years, he played with the idea of running to the Governor of Alabama as an independent person. Barkley is a staunch supporter of gay rights, and has been a vocal critic of President Donald Trump.