KEY POINTS

  • Dennis Rodman's net worth is $500,000
  • He once dated Carmen Electra and Madonna
  • Rodman became a sort of U.S. diplomat to North Korea in 2018

Dennis Rodman’s net worth is $500,000, a far cry from what he used to make in his heyday. How did he make and lose his fortune?

Rodman will forever be known as the eccentric guy from the Chicago Bulls Michael Jordan era. Not many know that he has played for the Detroit Pistons before suiting up as a Bull. He also had a stint with the San Antonio Spurs, Los Angeles Lakers and Dallas Mavericks. This goes to show that many teams valued him despite his antics off the court.

Kim Jong Un and Dennis Rodman
North Korean leader Kim Jong Un (center), his wife Ri Sol Ju (left) and former NBA star Dennis Rodman (right) talk in Pyongyang in this undated picture released by North Korea's Korean Central News Agency, March 1, 2013. Reuters/KCNA

The Worm is a Hall of Famer with career averages of 7.3 points and 13.1 rebounds per game. According to Celebrity Net Worth, his highest salary in his heyday was $9 million in the 1997-1998 season with the Bulls. In his three years running with Scottie Pippen and MJ, Rodman earned a total of $16.1 million. Compared to the amount he earned as part of the Bad Boys era of the Pistons where he made $5 million in six years, the fortune and image he built with the Bulls were a lot better.

Rodman was born in New Jersey but grew up in Dallas. He grew up in a big family and times were tough back then. Basketball became a way for him to improve his life. The Worm eventually went to Southeastern Oklahoma State University and established himself and even won an MVP plum.

It is worth noting that he appeared in World Championship Wrestling from 1997 to 1999 and wrestled with Hulk Hogan against Lex Luger and The Giant.

After retiring in 2000, his estimated career earnings was $27.5 million, per Spotrac. Despite making millions playing basketball, Rodman had financial difficulties in the past. His lawyer said he was struggling to adjust to life without his NBA salary. A report by Heavy detailed court hearings over his unpaid child support in 2012, amounting to $808,935.

The 7-time rebounding champion once dated Hollywood stars Madonna and Carmen Electra. His tattoos, body piercings and cross-dressing antics were very controversial at that time. As an eccentric guy who is a magnet for controversy, Rodman enjoyed some limelight appearing on TV shows such as “The Rodman World Tour,” “3rd Rock From the Sun,” “Celebrity Big Brother UK” and “Love Island UK.” He also starred in movies such as “Double Team” and “Simon Sez.”

Interestingly, the 58-year-old became a diplomat to North Korea. He visited the rogue country countless of times and was seen in photos enjoying moments with Kim Jong-un. Rodman participated in making a peace summit between Kim Jong-un and Donald Trump in Singapore in 2018.