Profile
American former basketball player
#98 in NBA Players today
As of 2024, Rex Chapman has a net worth of $15 million USD. After retiring, Chapman battled drug and gambling addictions, going to rehab multiple times.
He held various jobs in basketball operations and broadcasting, but his personal life suffered. He started losing all of his wealth to poker and drugs.
In 2014, he was arrested for shoplifting and entered rehab again. This time, he discovered the root cause of his pain was an ulcer, not addiction.
With therapy and medication, Chapman achieved sobriety and rebuilt his life and financial status, staying involved in basketball.
How did Rex Chapman grow his wealth?
Estimates suggest Rex Chapman earned around $37 million during his 12-year NBA career. This includes all his NBA salaries, bonuses, and playoff earnings. Chapman’s highest salary could have been in the range of $6-7 million per year.
Chapman in recent years through his commentary stints and also investments in various startups.
He earns $3.9 million annually today, through his podcast, trucking business, and startups. According to his recent interviews, Chapman is also into real estate.
NBA Career
- Drafted by Charlotte Hornets in 1988, starting his NBA career and boosting his wealth.
- Played for 3 teams (Hornets, Bullets, Heat) and established himself as a scorer.
- Time with Phoenix Suns (1995-2000) helped both the team and his net worth grow.
Rex Chapman Net Worth 2024
| Name | Rex Everett Chapman |
| Net worth in 2024 | $15 million |
| Annual Income | $3.9 Million |
| Career earnings | $37 million |
| Highest NBA Salary | $6.2 Million (1993-94) |
| Real Estate Assets | $10 Million |
What was Rex Chapman’s financial situation during his childhood?
Rex’s father is Wayne Chapman, who played in the American Basketball Association and coached Kentucky Wesleyan College.
The family lived in a modest 2-bedroom house, but Chapman has admitted that they never had to bother about putting food on the table and had good financial stability.
Recent Career Highlights
- 2022: Hosted a show on CNN+ before the platform shut down.
- 2023: Served as an analyst for the NCAA basketball tournament.
- 2024: His podcast “Charges with Rex Chapman” is being adapted into a TV show.