Charles Wade Barkley, born on February 20, 1963, is a former NBA player and current TV analyst on TNT and CBS Sports. Known as “Sir Charles,” he played 16 NBA seasons, earning 11 All-Star selections, the 1993 MVP, and spots on the NBA’s 50th and 75th anniversary teams.
Drafted by the 76ers in 1984, he led the league in rebounding in 1986–87. Barkley won two Olympic gold medals and retired in 2000 with 20,000 points, 10,000 rebounds, and 4,000 assists. He now works as an NBA analyst and has written several books.
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Charles Barkley’s Net worth
Charles Barkley has a net worth of $60 million, which would be higher if not for his gambling losses estimated between $10-30 million. In 2020, he signed a 5-year, $30 million deal with TNT, earning $6 million annually.
In October 2022, he extended his contract for 10 years at $100 million. During his NBA career, Barkley earned $40.3 million, with his peak salary of $9 million in 1999, equivalent to $14 million today.
Early life
Charles Barkley was born in Leeds, Alabama, and was the first black baby born in the town’s segregated hospital. His parents divorced when he was young, and his stepfather died in an accident when Barkley was 11. Barkley attended Leeds High School, where he grew to 6 ft 4 in during his junior year.
As a senior, he averaged 19.1 points and 17.9 rebounds per game, leading his team to the state semi-finals. Despite his late improvement, Barkley caught the attention of Auburn University‘s assistant coach and was recruited by Sonny Smith, majoring in business management at Auburn.
Career
Charles Barkley played collegiate basketball for the Auburn Tigers for three seasons, leading the SEC in rebounding each year despite struggling with his weight. Known as “The Round Mound of Rebound” and “Crisco Kid,” Barkley excited fans with his physical play.
He averaged 14.1 points and 9.6 rebounds per game and led Auburn to their first NCAA tournament in 1984. Barkley was drafted by the Philadelphia 76ers in 1984, where he played for eight seasons. Known for his aggressive play, Barkley was a six-time All-Star and one of the NBA’s most dominant power forwards.
Personal life
A DNA test revealed Charles Barkley to be 14% Native American, 11% European, and 75% African. Barkley met Maureen Blumhardt in the late 1980s while playing for the Philadelphia 76ers, and they married in 1989.
They reside in Scottsdale, Arizona, where Maureen is an honorary member of the Fresh Start Women’s Foundation. Their daughter Christiana, born in 1989, was named after Christiana Mall in Delaware. Christiana is married and has two children. Barkley and his family maintain a private life away from the public eye.
Do NBA players gamble?
In the NBA, players are prohibited from betting on any basketball-related events, including the WNBA, G-League, Summer League, and the NBA draft. However, they are allowed to place bets on other sports.
Conclusion
Charles Barkley’s financial journey is a testament to his remarkable career, from humble beginnings in Alabama to becoming a basketball legend and a prominent TV personality. While he may not be a billionaire, his $60 million net worth showcases his enduring impact and influence in the world of sports and entertainment.
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FAQs about Charles Barkley’s Net Worth
- What is Charles Barkley’s net worth? Charles Barkley’s net worth is estimated to be $60 million.
- How old is Charles Barkley? As of 2023, Charles Barkley is 60 years old.
- What is Charles Barkley’s current salary? Charles Barkley earns an annual salary of $10 million as a television analyst.
- Is Charles Barkley a billionaire? No, Charles Barkley is not a billionaire. His net worth is $60 million.
- What caused Charles Barkley’s net worth to decrease? Charles Barkley has publicly acknowledged losing a significant portion of his wealth, estimated at $10-30 million, due to gambling.
