Charles Barkley Net Worth:2022| How Much Is NBA Legend Worth?

By Jivika On Nov 1, 2022

In this article, we will discuss Charles Barkley’s net worth, salary, records, and sponsorships. Barkley is a former NBA player from the United States.

One of the top power forwards in the United States, Charles Barkley has been selected to the NBA All-Star Game eleven times. Find out how much money the 1993 Most Valuable Player is worth.

Table of Contents

Early Life

NBA star Charles Wade Barkley entered the world on February 20, 1963, in Leeds, Alabama. A high school that Barkley attended was Leeds. He was not selected for the first team and instead given the role of reserve. However, Barkley expanded to a towering 6 feet, 4 inches (1.93 m) during the summer, and now starts for the varsity as a senior.

Before Barkley scored 26 points against Alabama’s most highly recruited player, Bobby Lee Hurt, in the state high school semifinals, no college scouts had taken notice of him.

Career

NBA

Barkley left Auburn as a junior and was selected fifth overall by the Philadelphia 76ers in the 1984 NBA Draft. A team captain by the end of the 1986–87 season, he went on to become the Sixers’ all-time leading scorer the following year. During his career with the Sixers, he appeared in six all-star games, including as the game’s Most Valuable Player twice. After eight years in the city of brotherly love, Barkley was a household name and a Nike endorsee.

Charles was shipped off to the Phoenix Suns in July of 1992. With his career-high scoring average of 25.6 points and assist rate of 5.1 per game, he helped the Suns to the best record in the NBA. He was named MVP so quickly after being traded that he became only the third player in history to do so, and he went on to make his sixth consecutive All-Star team.

Due to chronic back pain, he had to end his stint with the Suns after the 1995–1996 season. Barkley led the team in scoring, rebounding, and steals during his time there and shot a career-best.777 from the free throw line. He was also named to the All-NBA and All-Star teams.

After being traded to the Houston Rockets in 1996, Charles had a rocky debut with the team. After getting into a brawl with Charles Oakley in a preseason game, he was suspended for the first game of the regular season. The back trouble he had been experiencing persisted, and he ended up missing 14 of 67 games. But he eventually climbed to second place in scoring for the squad.

The Rockets had a 57-25 record overall and made it to the Western Conference Finals before losing to the Utah Jazz. The 1999–2000 NBA season was his last, as he continued to suffer from ailments and pain. On April 19, 2000, after a 16-year Hall of Fame career, he walked off the court to a standing ovation and retired.

Olympics Career

Charles received an invitation to test out for the United States men’s basketball team for the 1984 Summer Olympics in 1994. He made it to the very last round of testing but was finally rejected. When he was a part of the legendary “Dream Team” of basketball greats that included Michael Jordan, Magic Johnson, Larry Bird, and Scottie Pippen, they won the gold medal at the 1992 Summer Olympics.

Barkley finished as the team’s leading scorer and tied an Olympic record for the United States men by shooting 87.5% from beyond the arc. Fans were not shocked by his purposeful elbow to a teammate because of his history of trash talking and ribbing of opponents. At the 1994 Olympic Games in Atlanta, Barkley once again steered his team to victory.

The remarkable lineup of “The Dream Team” led to their 2010 induction into the Naismith Memorial Basketball Hall of Fame. For their time, they were “probably the most dominant club ever assembled in any sport,” as observed by Sports Illustrated. A newfound interest in the sport appeared to be sparked by the Dream Team phenomenon on a global and national scale.

Television Career

TNT’s NBA coverage has featured Barkley as a studio analyst since the year 2000. Shaquille O’Neal, Ernie Johnson, Jr., and Kenny Smith are his co-hosts on the postgame show “Inside the NBA,” which he also helps produce.

Charles has been recognised three times as an exceptional studio analyst and has earned an Emmy for his efforts. He has also worked as a studio analyst for CBS’s NBA game coverage. Since 2011, he has participated in every single Final Four broadcast as a commentator. By 2023, he hopes to have completely left the television industry.

Personal Life

Barkley and his wife Maureen Blumhardt had their daughter Christina in 1989. Barkley is well regarded as an adventurous person. Barkley, a lifelong Republican, publicly declared his support for Barack Obama in the 2008 presidential race. For many years, he gave serious thought to running as an Independent for Governor of Alabama.

Net Worth

Charles Barkley is worth more than $50 million, according to estimates. His wealth is the result of his time spent in the NBA, his present pay from TNT, his many properties, and his endorsement deals.

Barkley has a history of gambling and is said to have lost over $30 million. He once lost over $2.5 million in just six hours playing blackjack.

Name	Charles Barkley
Estimated Net Worth	$50 Million
NBA salary	$40.3 Million
TNT salary	$6 Million
Property	$2.2 Million

Frequently Asked Questions

How Often and If at All Does Barkley Bet Now?

Barkley has continued to gamble even after he ran into legal issues due to his addiction in 2008. While in Las Vegas, Barkley visited The Wynn and decided to open a $400,000 gambling account.

Is Charles Barkley in Financial Trouble?

As much as Sir enjoyed the game of basketball, he had a serious problem with his gambling addiction. Barkley was sued by the Wynn Las Vegas Casino for owing $400,000. The money was borrowed to gamble (markers). He settled his debts and incurred attorney fees of $40,000.