What Is Dennis Rodman’s Net Worth?
Dennis Rodman, a retired American professional basketball player, actor, and political diplomat, has an estimated net worth of $500,000. This figure reflects his earnings from a 14-season NBA career, supplemented by income from acting roles, endorsements, and other ventures. While Rodman earned a substantial amount during his career, financial difficulties have significantly impacted his current net worth.
Dennis Rodman’s Career Earnings and Salary
During his NBA career, Dennis Rodman earned approximately $27 million in salary. Adjusted for inflation, this is roughly equivalent to $43 million today. His highest-earning season was 1996-97 with the Chicago Bulls, during which he made $9 million, which is about $15 million in today’s dollars. At that time, he was the 10th highest-paid player in the NBA. However, fines and suspensions impacted his earnings; for instance, he incurred a $200,000 fine and an 11-game suspension for kicking a referee in 1997, costing him $1 million in total earnings.
Early Life and Career Beginnings
Dennis Keith Rodman was born on May 13, 1961, in Trenton, New Jersey. He is reportedly the oldest of his father’s 47 children. Rodman was raised in Dallas by his mother, Shirley, after his father left and settled in the Philippines. After graduating from South Oak Cliff High School, he worked as an overnight janitor at Dallas-Fort Worth International Airport. Initially, he was only 5’6″ and did not participate in high school sports. However, after a growth spurt to 6’7″, he pursued basketball, attending Cooke County College for one semester before transferring to Southeastern Oklahoma State University, where he excelled and earned Most Valuable Player honors. His performance in college led to the Detroit Pistons drafting him in the second round of the 1986 NBA draft.
Professional Basketball Career Highlights
Rodman played for the Detroit Pistons from 1986 to 1993. After his time with the Pistons, he played for the San Antonio Spurs, Chicago Bulls, Los Angeles Lakers, and Dallas Mavericks. Known as “The Worm,” Rodman was celebrated for his rebounding and defensive skills, winning five NBA championships, two with the Pistons and three with the Bulls. He earned NBA All-Defensive First Team honors seven times and was named NBA Defensive Player of the Year twice. Rodman led the league in rebounds per game for seven consecutive seasons. His #10 jersey was retired by the Pistons in April 2011, and he was inducted into the Naismith Memorial Basketball Hall of Fame the same year. In 911 NBA games, he scored 6,683 points and grabbed 11,954 rebounds, averaging 7.3 points and 13.1 rebounds per game.
Wrestling and Other Pursuits
From 1997 to 1999, Rodman ventured into professional wrestling with WCW (World Championship Wrestling). His first match was in July 1997 at Bash at the Beach, teaming with Hulk Hogan to face Lex Luger and The Giant. In August 1997, at Road Wild, Rodman and Hogan helped Hogan win the WCW World Heavyweight Championship. After a break, he returned to WCW in 1999, feuding with Randy Savage. Following a competition at the i-Generation Superstars of Wrestling, Rodman retired from wrestling in July 2000. He briefly returned in 2008 as a contestant on Hulk Hogan’s Celebrity Championship Wrestling, winning the series. In 1996, Rodman had his own MTV reality show, “The Rodman World Tour.” A year later, he appeared in the film “Double Team” with Mickey Rourke and Jean-Claude Van Damme. He also acted in “Simon Sez” (1999) and “Cutaway” (2000). In 2005, he became the first man to pose naked for PETA. He was Commissioner of the Lingerie Football League in 2005 and appeared on “Celebrity Big Brother” (UK) in 2006 and “Love Island” (UK). He also won $222,000 on ABC’s “Celebrity Mole.” He participated in “Celebrity Apprentice” in 2009 and 2013. In recent years, Rodman has made several trips to North Korea, starting in 2013, and helped broker a historic peace summit between President Donald Trump and Kim Jong-un in Singapore in June 2018. In 2018, he secured a sponsorship with Pot Coin and often wore Pot Coin attire during his North Korea visits.
Literary Works and Publications
Rodman has released two autobiographies: “Bad as I Wanna Be” (1996), promoted while wearing a wedding dress, and “I Should Be Dead By Now” (2005), promoted while sitting in a coffin. In 2013, he co-authored a children’s book titled “Dennis the Wild Bull” with Dustin Warburton, illustrated by Dan Monroe.
Personal Life and Relationships
Rodman was married to Annie Bakes in the early 1990s, with whom he has a daughter, Alexis, born in 1988. He married Carmen Electra in November 1998 in Las Vegas, but Electra filed for divorce four months later. In 2003, Rodman married Michelle Moyer, with whom he has a son, Dennis Jr., and a daughter, Trinity. Dennis Jr. played college basketball for Washington State in 2019, and Trinity plays women’s soccer for the Washington Spirit. Michelle filed for divorce in 2004, and the marriage was dissolved in 2012. D.J. later transferred to USC. His daughter, Trinity, is a professional soccer player for Washington Spirit.
Financial Problems and Legal Issues
On March 27, 2012, Dennis Rodman appeared in court in Detroit, facing charges of owing $860,376 in child support to an ex-wife. His lawyers claimed he was broke and unable to pay. In 1999, he was arrested for drunk driving and fined $2,000. He was again arrested for drunk driving in April 2004. He entered rehab in Florida in May 2008, relapsed in 2009, and later appeared on “Celebrity Rehab with Dr. Drew.” He also spent time in a sober living facility in Hollywood Hills, where he reunited with his mother. In January 2010, Rodman was kicked out of a Los Angeles restaurant for disturbing the peace. In January 2014, he re-entered rehab for alcohol abuse. In January 2018, he was arrested for driving under the influence in Newport Beach and received three years of probation. In October 2019, he was charged with misdemeanor battery for slapping a man in Delray Beach, Florida.
Real Estate Holdings
In 1996, Rodman purchased a two-story home on Seashore Drive in Newport for $825,000 and sold it in 2004 for $3.8 million. He also owned a residence in the Saddle Hill Ranch community in Orange, California, which he sold after a year for $1.1 million.