“We Haven’t Seen Him in Four Weeks”: Despite Deserting His Own Employees, Dennis Rodman Raked In a 200% Profit on His Initial Investment in 1995

Dennis Rodman would disappear for days and miss practice. But this never affected his on-court performance. Similarly, reports suggest that Dennis Rodman would abandon his company, Rodman Excavation Inc, for weeks. However, Rodman’s business didn’t suffer. He was making a profit.

Dennis Rodman is an open book to the world. From his rookie season, Rodman’s shenanigans have been unique, to say the least. Hence, this has kept the NBA community talking about Rodman constantly. 

Rodman was different. He hated money. Reports suggest that Rodman would fly down to Vegas just to lose money and feel normal again. But this didn’t stop the dollars from making their way into his bank account.  

Dennis Rodman and the excavation business 

Once it so happened that Rodman went missing for four weeks. However, this was not from his duties and responsibilities on-court. He was missing from his business. His employees hadn’t seen him. It was simple, everyone was on ‘the Rodman Hunt’. 

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Rodman Excavation Inc. started in 1990. Two of Rodman’s friends, Barry Rich and Rod Vilhauer from Frisco, wanted to start an excavation company. They looked to Rodman for an investment. Despite his peers advising him against it, Dennis Rodman invested a sum total of 20,000 USD. The company was named Rodman Excavation. 

The company started small and grew in numbers. In 1995, they had crossed over $14 million in sales, and Dennis Rodman received a return of 200% on his initial installment. The big bucks continued to flow. 

Financial troubles surface 

However, the good times didn’t last forever. In 2010, the company laid off all 242 employees and closed permanently. According to a report, the company’s plan to survive fell through, forcing them to eventually close down. 

Dennis Rodman’s net worth has suffered since the 90s. In the late 90s, Rodman’s net worth was around 27 million dollars. But now it is at $500,000. Rodman also lost money when he fell victim to fraudulent activity executed by his financial advisor, Peggy Ann Fulford. 

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Despite such financial dents, Rodman remains carefree and lives rather lavishly. 

What is your favorite Rodman moment? Let us know in the comments below.