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How Is The Net Worth of Dennis Rodman a Surprising $500,000?

Have you ever wondered what the net worth of Dennis Rodman is? If you’re a fan of basketball, odds are you have heard of him.

Dennis Rodman played on the winning Chicago Bulls team of 1995 and won 3 straight rings with them. He’s widely considered one of the best power forwards the game has ever seen.

Outside of the game, he was also known for his lavish lifestyle. Many would describe Rodman as the rockstar of the NBA.

Dennis Rodman has a very unique story in the NBA. The star amassed a large net worth during his time in the league.

Unfortunately, this did not last very long. In this post, we’ll discuss how Dennis Rodman built his net worth, then eventually lost the majority of it.

Early Life

Dennis Keith Rodman was born on May 13, 1961, in Trenton, New Jersey.

He lived with his parents, Philander and Shirley Rodman. Additionally, he also lived with his two siblings, Debra and Kim Rodman.

Philander Rodman abandoned the family and eventually settled in the Philippines when Dennis was very young.

Shirley Rodman was left with the sole responsibility of fending for her family. She worked multiple jobs at once and even turned to sell drugs to make ends meet.

Dennis Rodman became interested in basketball while attending South Oak Cliff High School.

However, he wasn’t necessarily a stand-out athlete. At the time, he was only 5’6! After graduating from high school, Rodman accepted an overnight job as a janitor.

During this time, he had an incredible growth spurt. Dennis Rodman grew from 5’11 to 6’7! Consequently, Rodman decided to try up basketball again.

He joined and played basketball for North Central Texas College. After only one semester, Rodman, unfortunately, dropped out due to poor grades. 

His skills truly began to shine when he transferred to Southeastern Oklahoma State University. While playing for the university, Rodman won three NAIA All-American awards!

Dennis Rodman and the NBA

During his time in college, Rodman earned the attention of the Detroit Pistons.

Detroit Pistons Tenure

Rodman entered the NBA draft in 1986. Here, he was selected as the 3rd pick of the second round by the Detroit Pistons.

The Detroit Pistons won 52 games to make a place for themselves in the 1987 NBA Playoffs. During the next season, Rodman played consistently well.

During this time, he put up an average of 11.6 points and 8.7 rebounds. 

In 1992, he won the first of the seven consecutive rebounding crowns.

Later in 1993, the coach of the Detroit Pistons, Chuck Daly, resigned. Consequently, Rodman’s relationship with the club’s management got strained.

Rodman soon left the team, later playing for four more additional NBA organizations.

He won five NBA championships, was a two-time NBA all-star, and a seven-time (consecutively) NBA rebounding champion.

He earned the NBA All-Defensive First Team honors seven times and won the NBA Defensive Player Award twice. His Pistons jersey, number 10, was retired in April 2011.

He was inducted into the Naismith Memorial Basketball Hall of fame the same year.

Dennis Rodman was known for his incredible rebounding ability and aggressive style of play.

Because of this, he was given the nickname “The Worm.”

Throughout his 14 seasons with the NBA, Rodman played in 911 games, scored 6,683 points, and grabbed 11,954 rebounds, translating to 7.3 points and 13.1 rebounds per game in only 31.7 minutes played per game.

San Antonio Spurs Tenure

Although we primarily remember Dennis Rodman for his Pistons and Bulls tenure, he also spent two seasons in San Antonio.

He was a Spur for two years (1993 to 1995) before being traded to the Bulls for Will Perdue, who may very well be remembered alongside Michael Jordan and Scottie Pippen for the most memorable years of his career.

In his two years with the Spurs, Rodman averaged a double-double of 11.8 points and 13 rebounds per game.

The Spurs made it to the playoffs in both seasons but were unable to make it past the Western Conference Finals.

They fell short to the eventual champions, the Houston Rockets, in 1994 and the Shaq and Penny-led Orlando Magic in 1995.

Chicago Bulls Tenure

Dennis Rodman net worth Source: Rolling Stone

Dennis Rodman’s career would really take off after being traded to the Chicago Bulls.

The year was 1995, and Rodman had just come out of a dominant streak with the Pistons.

The Chicago Bulls needed a rebounder heading into the 1995-96 season, which was their first full year with Michael Jordan back on the roster after his nearly two-season break playing baseball.

During his time with the Chicago Bulls, Rodman was able to amass a total of three rings. This led his total count to now being 5.

Dennis Rodman dominated the league during the 1995 – 1998 championship run Chicago enjoyed. With the help of Michael Jordan and Scottie Pippen, the trio was arguably the best of all time.

The Worm recorded an impressive 8.8 rebounds per game during his time with the Chicago Bulls.

Moreover, he was a two-time All-Star and Defensive Player of the Year while playing for the team. He was able to win back-to-back rebounding titles in 1996 and 1997.

Because of his significant contribution, the Chicago Bulls retired Dennis Rodman’s jersey in 2011.

Los Angeles Lakers Tenure

After the 1998 – 1999 season, Dennis Rodman was waived by the Chicago Bulls. From there, he went on to join the Los Angeles Lakers.

The 1999 – 2000 season with the Lakers was short-lived as Rodman only started in 23 games. Despite this, he still managed to average 5.2 points and 10 rebounds per game.

The next year, Dennis Rodman decided to retire from the NBA. Despite how historic the Los Angeles Lakers are as a franchise, he wasn’t able to make much of an impact for them.

Dallas Mavericks Tenure

In 2000, Dennis Rodman made a comeback to the NBA and joined the Dallas Mavericks. He played in 12 games for them and started in none.

During his short time with the team, he averaged 2.1 points per game along with 4.5 rebounds.

Rodman’s NBA Championships

Dennis Rodman won five NBA championships, three with the Pistons (1989, 1990, 1996) and two with the Bulls (1997, 1998).

The first three came alongside Isiah Thomas, one of the best point guards in NBA history, and the latter two came with the GOAT, Michael Jordan.

In his 14 seasons in the NBA, Rodman played in 911 games (starting in 663), averaging 7.3 points, 13.1 rebounds, 1.8 assists, and 1.1 steals per game.

His best statistical season came in 1991-1992 when he averaged 16.8 points, 18.7 rebounds, and 2.3 assists per game for the Pistons.

This season was also his only All-Star campaign as he was selected as a reserve for the Eastern Conference team.

Other Pursuits

dennis rodman net worth

Rodman created a reality series for MTV in 1996 called “Rodman World Tour.”

One year later, he was featured with Mickey Rourke and Jean-Claude Van Damme on the upcoming action-packed Double Team.

The movie was criticized and he won three Golden Rasberries.

Simon was also in two other movies Simon Sez in 1999 / cut away in 2000. During this time, the actor played various television programs.

In 2005, he was the earliest to pose naked for PETA. Rodman served as spokesman for the league for the 2005 – 06 season.

He also appeared in Celebrities Big Brother in 2006 and in Love Island, a UK reality series.

Wrestling Career

Rodman was a professional wrestler in WCW between 1997 and 1999. It was always his hobby and after the retirement of basketball he took it much further.

He began playing for the first time in July 1997 at the Beach Bash. He also joined friends Hulk Hogan and lost to Lex Luger and Giant.

The two teamed in August 1997 in Road Wild for another World Champion fight.

He had a few more events at Bash the Beach before going back into the WCW in 1999 and battling Randy Savage.

Dennis Rodman’s wrestling career might not have had the same mainstream appeal as his NBA one, but it’s still an impressive feat nonetheless.

Retirement

Dennis Rodman officially announced his retirement from professional basketball on May 13th, 2006.

In an interview with the Detroit Free Press, he stated: “This is it. I’m not playing basketball anymore.

“I’ve had enough.”

When asked about what he would miss the most, Rodman replied: “The camaraderie. Just being around the guys, joking around with them, laughing with them.

I’m going to miss that part the most.”

Dennis Rodman’s retirement marked the end of an era for one of the most controversial, yet talented players the NBA has ever seen.

Dennis Rodman Net Worth 2022

As of September 2022, Dennis Rodman has a net worth of $500,000 dollars.

Throughout his career, however, the star earned $43 million dollars. This is significantly higher than his net worth today.

He has involved himself in numerous other income-generating occupations. Rodman has gone into acting, writing, and even wrestling.

More recently, Rodman has signed endorsement deals with a company known as Pot Coin.

Despite earning millions of dollars in basketball salary, Dennis Rodman has also clearly lost millions.

This is largely in fines due to professional misconduct. In 1997, Rodman was given a $200,000 dollar fine for kicking a referee in the groin.

In addition to the fine, he was also suspended for 11 games.

Although he struggled to manage his wealth Rodman’s path to the NBA wasn’t easy and is very admirable.

He recently spoke on his past in a piece by The Sports Rush stating “My parents were selling cocaine every day.”

This was hard for him growing up, but he used basketball as an escape and as a result, is one of the greatest basketball players of all time.

Dennis Rodman Endorsements and Property

dennis rodman net worth

Rodman has no specific endorsement details listed publicly, despite his basketball career being dominated by advertising. However, “The Worm” did invest in a vodka firm.

This product has been branded as Bad Ass Premium Vodka and is owned and marketed by Rodman and AB Partners LLC. The product is distributed via Wirtz Beverages.

Why Is Dennis Rodman’s Net Worth So Low?

The answer to this question could be due to a few different factors.

Firstly, Rodman has had some very public struggles with alcohol and drugs. These issues likely played a role in his marriages ending in divorce.

In 2012, Rodman was ordered to pay Spokane County $51,000 in back child support. This is a large sum of money, and likely contributed to his net worth being lower than it could be.

Rodman has also been known to spend lavishly on cars, clothes, and other luxury items.

While there is nothing wrong with enjoying the fruits of one’s labor, this spending likely played a role in Rodman’s current financial situation.

Despite all of these factors, Dennis Rodman is still an incredibly successful individual.

He has overcome a great deal of adversity in his life and has accomplished more than most people ever will.

While his net worth may not be as high as it once was, Rodman is still an inspiration to many and will continue to be remembered as one of the greatest basketball players of all time.

Dennis Rodman Net Worth: Key Takeaways

Now that you know what the net worth of Dennis Rodman is and how he built it, let’s take a look at some of the most important lessons we can take from his story.

Never Give Up

Dennis Rodman had a particularly difficult childhood. On top of this, he spent the majority of his youth believing he’d never be a professional basketball player.

Because he never gave up, Dennis Rodman was able to overcome all odds and make his dream come true.

Similar to Rodman, we must also never give up in whatever it is we pursue. This resilience goes a long way and will indeed reflect in the improvement of quality you’ll surely see!

Managing Finances Is Crucial

Unfortunately for Dennis Rodman, most of his salary earnings are not reflected in his net worth today.

While this is because of many reasons, what we can take from this is that management of one’s finances is key.

By budgeting, staying financially disciplined, and practicing healthy savings, we can avoid the risk of financial hardship.

Don’t Be Afraid to Be Yourself

If there’s one thing we should surely take from Rodman, it’s to be yourself unapologetically.

He practiced this every day of his NBA career, never shying away from his flashy self-expression.

Like Rodman, we should also try to always stay true to our character at all times. This comfort will instill confidence and power!

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"I finally feel on top of my financial situation. Never would I think I'd look forward to checking my accounts."
Ozei Evans

Success Bug Member

2022

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