Charles Barkley Net Worth

What Is Charles Barkley's Net Worth and Salary?

Charles Barkley is a retired professional basketball player and current television sports analyst who has a net worth of $80 million. Charles Barkley's annual salary for hosting "Inside the NBA" on TNT is $10 million. More more on his TNT salary and contracts in the sections below. During his NBA career, Charles earned $40 million in total NBA salary. He earned roughly the same amount from endorsements during the same period. Charles Barkley's net worth today would be much higher, but he has admittedly blown an estimated $10-30 million during his lifetime gambling.

Both during and after his professional playing days, Charles has been a popular brand endorser, regularly appearing in commercials for a number of major brands. He has earned tens of millions from endorsements with companies like Nike, FanDuel, T-Mobile, McDonald's, Dick's Sporting Goods and Right Guard. At the peak of his playing days, Charles appeared in a very famous Nike commercial in which he stated: "I am not a role model."

In retirement, Charles has carved out an impressive career as a sports commentator. He is one of the hosts of the extremely popular TNT show "Inside the NBA." More info on his TNT contract and salary later in this article.

TNT Contract and Salary

In 2020, Charles Barkley signed a 5-year, $30 million deal with TNT to continue as a co-host of "Inside the NBA." That worked out to a salary of $6 million per year. In October 2022, it was announced that Charles had signed a 10-year $100 million contract extension to remain at TNT. In May 2024, it was revealed that the NBA was selling the rights to its broadcasts to a consortium that did not include TNT. Soon after that announcement, Barkley intimated that he would not return to TNT after the 2024-2025 season. He subsequently reversed course and in August 2024, TNT and Charles announced a new long-term commitment. Presumably, Charles and his "Inside the NBA" co-stars will shift to covering other sports beyond the 2025 season. Charles has since claimed that NOT signing a new deal with one of the networks that won the rights to the NBA beyond 2025, easily cost him $100 million.

NBA Career Earnings

During his playing career, Charles Barkley earned a total of $40.3 million in salary. His peak salary year was his final season with the Houston Rockets in 1999 when he was paid $9 million. That's the same as around $14 million today after adjusting for inflation.

Early Life

Charles Barkley was born Charles Wade Barkley on February 20, 1963, in Leeds, Alabama. When he was a baby, his father abandoned the family. His mother later remarried and had two more sons. Tragically, his stepfather died in an accident when Charles was just 11 years old. Barkley attended Leeds High School. He actually failed to make the varsity basketball team as a junior. He improved enough by the next year to not only make varsity but also to attract attention from Auburn University's head coach. He was recruited to the university and majored in business management from 1981 to 1984. He played college basketball for Auburn for three seasons. Barkley quickly became well-known for his crowd-pleasing dunks and blocked shots. He did not have the typical body type of a basketball player–he was shorter than the average player, and he struggled to lose extra weight. However, he received many accolades through his time at Auburn including Southeastern Conference (SEC) Player of the Year.

NBA Career

Barkley left Auburn in his junior year and was drafted as the fifth pick in the first round of the 1984 NBA Draft by the Philadelphia 76ers. By the 1986-87 season, he was the team leader, and the following season, he became the Sixers' franchise player. He played in six all-star games during his time with the Sixers and was named MVP for two of them. Barkley's eight seasons in Philadelphia made him a household name, and at this point, he even had his own signature shoe line with Nike.

In July 1992, Charles was traded to the Phoenix Suns. He averaged 25.6 points and a career-high 5.1 assists per game, which led the Suns to an NBA-best record. He was awarded Most Valuable Player almost immediately after being traded, just the third player ever to have achieved the title so soon after being traded, and qualified for his seventh All-Star Game. Severe back pain cut his time with the Suns short, and he announced that the 1995-96 season would be his last in Phoenix. During his tenure, Barkley had led the team in rebounds, steals, and scoring and accomplished All-NBA and All-Stars honors, along with a career-high .777 free throw shooting.

In 1996, Charles was traded to the Houston Rockets, and it got off to a rough start. He was suspended for the season opener for a fight with Charles Oakley during a preseason game. He continued to battle severe back pain and had to miss 14 games out of 67. He did, however, become the team's second-leading scorer. The Rockets ended the season with a 57-25 record and advanced to finals, to be defeated by the Utah Jazz. Still plagued with injuries and pain, the 1999-2000 season proved to be Barkley's final year in the NBA. On April 19, 2000, he walked off the court to a standing ovation, immediately retired, and ended his 16-year Hall of Fame career.

Olympics

In 1994, Charles was invited to try out for the U.S. men's basketball team for the Summer Olympics of 1984. He made it to the final cuts of trials but ultimately was not accepted. He formed part of the infamous "Dream Team" in the 1992 Olympics, consisting of fellow greats like Michael Jordan, Magic Johnson, Larry Bird, and Scottie Pippen, and won a gold medal as part of the men's team. Barkley ended up being the highest-scoring member of the team and set a U.S. men's Olympic record for the highest three-point field goal percentage (87.5%). Known by now for his trash-talking and ribbing of opponents, fans were not surprised when he intentionally elbowed a fellow player during a game. In 1994, Barkley led the team to Gold yet again in Atlanta.

"The Dream Team" made history with its incredible roster. They were inducted into the Naismith Memorial Basketball Hall of Fame in 2010. "Sports Illustrated" called the team "arguably the most dominant squad ever assembled in any sport." The Dream Team craze seemed to spark a worldwide and nationwide re-interest in the sport.

TV Career

Barkley has appeared as a studio analyst for TNT's network NBA coverage since 2000. He co-hosts "Inside the NBA," a post-game show, alongside Shaquille O'Neal, Ernie Johnson, Jr., and Kenny Smith.

As of this writing, Charles has won four Sports Emmy Awards for his work as an outstanding studio analyst. He's also been a studio analyst for joint coverage of the NBA games for CBS. He has worked as an analyst in every Final Four broadcast since 2011. He has stated plans to retire from TV in 2023. In the fall of 2023, Barkley began hosting his own show, "King Charles," on CNN featuring Gayle King.

Personal Life

Barkley married Maureen Blumhardt in 1989, and the two have a daughter, Christiana (b. 1989).

Barkley is a notorious gambler. He has admitted to losing roughly $10 million, potentially as much as $30 million, gambling in his lifetime, including $2.5 million lost playing blackjack in under six hours.

A former Republican, Barkley reversed his stance and declared support for Barack Obama in the 2008 presidential election. For many years, he toyed with the idea of running for Governor of Alabama as an Independent. Charles is an outspoken supporter of gay rights and has been a vocal critic of President Donald Trump.

In 2023, Barkley donated $5 million to his alma mater, Auburn University, to establish scholarships specifically for Black students.

Real Estate

Ever since being traded to the Phoenix Suns in 1992, Charles has kept his primary residence in Scottsdale. In February 1998, Charles paid $2.2 million for a palatial estate in Scottsdale. The 2.4-acre property features a sprawling 9,000-square-foot resort style mansion. To the property is likely worth $6-8 million. He also maintains properties in his hometown of Leeds, Alabama, and in Philadelphia, Pennsylvania.