Net Worth

Charles Barkley Net Worth: What Is Charles Barkley’s Annual Salary?

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Charles Barkley Net Worth:

Charles Barkley is a former professional basketball player and current television sports analyst with a net worth of $50 million. Charles Barkley earned $40.3 million in salary alone during his playing career. In 1999, during his final season with the Houston Rockets, he earned $9 million, his highest annual salary.

After adjusting for inflation, that is equivalent to approximately $14 million today. He also earned tens of millions from endorsement deals with companies such as Nike. He has also lost an estimated $10-$30 million through gambling throughout his lifetime.

Early Years

Charles Barkley was born in Leeds, Alabama on February 20, 1963. His father abandoned the family when he was an infant. His mother later remarried and had two more sons, and his stepfather tragically died in an accident when Charles was only 11 years old. He attended Leeds High School and did not make the varsity basketball team as a junior, but he improved so much during his senior year that Auburn University’s head coach noticed him during one of his better games.

From 1981 to 1984, he majored in business management after being recruited to the university. He played college basketball for three seasons at Auburn. Barkley quickly gained notoriety for his crowd-pleasing dunks and blocked shots. He was shorter and heavier than the average basketball player. During his time at Auburn, he received numerous honours, including Southeastern Conference (SEC) Player of the Year.

charles barkley net worth

Personal Life

Barkley wed Maureen Blumhardt in 1989, and the couple has a daughter named Christina (b. 1989).

Barkley is a well-known gambler. He has admitted to losing approximately $10 million, and possibly as much as $30 million, through gambling in his lifetime, including $2.5 million playing blackjack in less than six hours.

In the 2008 presidential election, Barkley, a former Republican, changed his mind and declared his support for Barack Obama. He considered running for Alabama governor as an independent for many years. Barkley is an outspoken advocate for gay rights and a vocal critic of President Donald Trump.

NBA Profession

Barkley left Auburn during his junior year and was selected by the Philadelphia 76ers with the fifth overall pick in the first round of the 1984 NBA Draft. In the following season, he became the Sixers’ franchise player. During his time with the Sixers, he participated in six all-star games and was named MVP for two of them. Barkley’s eight seasons in Philadelphia made him a household name, and he even had his own signature Nike shoes at this point.

In July of 1992, Charles was traded to the Phoenix Suns. He led the Suns to the best record in the NBA by averaging 25.6 points and a career-high 5.1 assists per game. He was awarded Most Valuable Player almost immediately after being traded, becoming only the third player in history to do so, and he qualified for his seventh All-Star Game.

He announced that the 1995-1996 season would be his last in Phoenix due to severe back pain. During his tenure, Barkley led the team in rebounds, steals, and scoring and earned All-NBA and All-Stars honours as well as a career-best free throw percentage of.777.

The 1996 trade that sent Charles to the Houston Rockets got off to a rocky start. A fight with Charles Oakley during a preseason game led to his suspension for the season opener. He was forced to miss fourteen of 67 games due to persistent back pain. He nonetheless became the team’s second-leading scorer.

The Rockets finished the season with a 57-25 record and advanced to the finals, where they were defeated by the Utah Jazz. The 1999-2000 NBA season was his last, as he continued to suffer from injuries and pain. On April 19, 2000, he walked off the court to a standing ovation and immediately retired, concluding his 16-year Hall of Fame career.

Throughout his career, Charles has been a popular spokesperson for numerous products. Throughout his career, he appeared in a very well-known Nike commercial in which he stated, “I am not a role model.” Additionally, he has endorsed McDonald’s and T-Mobile.

charles barkley net worth

Olympics

In 1994, Charles was invited to try out for the 1984 Olympic men’s basketball team. He reached the final stages of trials, but was ultimately rejected. In the 1992 Olympics, he won a gold medal as a member of the legendary “Dream Team,” which also included Magic Johnson, Larry Bird, and Scottie Pippen.

Barkley was the team’s leading scorer and set a U.S. men’s Olympic record for the highest three-point field goal percentage (87.5 percent ). Fans were not surprised when he elbowed a teammate intentionally during a game, given his reputation for trash-talking and taunting opponents. In 1994, Barkley again led the team to victory in Atlanta.

In 2010, “The Dream Team” was inducted into the Naismith Memorial Basketball Hall of Fame for its incredible roster. According to Sports Illustrated, the group was “arguably the most dominant squad ever assembled in any sport.” The Dream Team craze appeared to reignite a global and national interest in the sport.

Career in Television

Since 2000, Barkley has served as a studio analyst for TNT’s NBA coverage. Barkley and other former NBA stars recap the day’s NBA games on “Inside the NBA,” a post-game show on which he appears. He has won three Sports Emmy Awards for his outstanding work as a studio analyst. He has also served as a studio analyst for CBS’s joint coverage of NBA games. Since 2011, he has served as an analyst for each Final Four broadcast. He has stated his intention to retire from television in 2023.

His annual salary at TNT is $6 million.

What Is Charles Barkley’s Annual Salary?

Charles Barkley is a former professional basketball player in the United States. He is regarded as one of the best power forwards in the United States.

Summary

Charles Wade Barkley is a former professional basketball player who is currently associated with the television programme ‘Inside the NBA’ as one of its hosts.

Barkley, regarded as one of the most dominant players in the National Basketball Association, played professionally for 16 years with the Philadelphia 76ers, the Phoenix Suns, and the Houston Rockets.

As of 2022, Charles Barkley has a net worth of $50 million.