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Kevin Durant Net Worth
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|Kevin Durant Net Worth by Kenyans247(1): Thu 05, November, 2020 02:32pm|
Kevin Durant Net Worth:
Kevin Durant's Salary
Kevin Durant Net Worth: Kevin Durant is an American professional basketball player who has a net worth of $170 million. In addition to being a recognized talent on the court, he is also one of the highest-earning basketball players in the world off the court thanks to multiple lucrative endorsement deals. Between June 2019 and June 2020 Kevin earned $65 million from his various endeavors. After spending three seasons with the Golden State Warriors, in 2019 Kevin signed a 4-year $164 million contract with the Brooklyn Nets. He is an active tech investor, with more than 40 early stage technology investments.
Nike Contract: After earning $30 million pear year from NBA salary, Kevin also earns an astonishing $26 million per year from Nike. These two sources alone give him $56 million in annual income.
Early Life and Career Beginnings: Kevin Wayne Durant was born in Washington, DC, on September 29, 1988. When he was still an infant, his father deserted the family, and his parents eventually divorced. As a result, Durant's grandmother helped to raise him. He has a sister, Brianna, and two brothers, Tony and Rayvonne. They grew up in Prince George's County, Maryland, on the outskirts of Washington, DC. Durant's father returned to his life when he was thirteen, and together they spent time traveling the country to basketball tournaments.
Durant played in Amateur Athletic Union (AAU) basketball for several teams in the Maryland area growing up, and was teammates with fellow future NBA players Michael Beasley, Greivis Vasquez and Ty Lawson. In honored of his original AAU coach Charles Craig, who was murdered at the age of 35, Durant began wearing the #35 jersey number. He played high school basketball at National Christian Academy, Oak Hill Academy, and Montrose Christian School. A highly sought-after recruit, regarded as the second-best high school prospect of 2006, he committed to the University of Texas before his senior year of high school. At the end of his senior year was named the Washington Post All-Met Basketball Player of the Year, and the Most Valuable Player of the 2006 McDonald's All-American Game.
Durant enjoyed a successful college career playing for the Texas Longhorns at the University of Texas at Austin. For the 2006-07 college season, he averaged 25.8 points, 11.1 rebounds, and 1.3 assists per game. He was recognized as the unanimous national player of the year, and won the John R. Wooden Award, the Naismith College Player of the Year Award, and eight other honors and awards. After the season, he declared for the NBA draft. His #35 jersey has since been retired by the Longhorns.
Professional Basketball Career: In the 2007 NBA draft, Durant was selected by the Seattle SuperSonics as the second overall pick. During his first professional season, he was named the NBA Rookie of the Year, averaging 20.3 points, 4.4 rebounds, and 2.4 assists per game. In 2008, the SuperSonics relocated to Oklahoma City and became the Thunder. During the 2008-09 season, he improved his scoring average by five points, making him a candidate for the Most Improved Player Award, although he did not win it, finishing third in the voting. This is also around the time that he finished growing, reaching his final height of 6 ft 11 in (2.11m).
Durant was selected to take part in his first NBA All-Star Game during the 2009-10 season, and he became the youngest NBA scoring champion at the time with his average of 30.1 points per game. Before the 2010-11 season, Durant signed a five-year contract extension with the Thunder, estimated to be worth $86 million. He continued to perform well, even winning the NBA All-Star Game Most Valuable Player Award during the 2011-12 All-Star Game. During the 2013-14 season he surpassed Michael Jordan's record for consecutive games scoring 25 points or more, with 41 games. He was also voted the NBA Most Valuable Player that year, with averages of 32 points, 7.4 rebounds, and 5.5 assists per game. Through the 2015 season, Durant had earned over $88 million in salary alone.
He left the Oklahoma City Thunder in 2016, officially signing a two-year, $54.3 million contract with the Golden State Warriors that July. He re-signed with the Warriors in July 2018 on another two-year contract, this time for a reported $61.5 million. Then, in July 2019, he signed with the Brooklyn Nets in a sign-and-trade deal.
In addition to his NBA career, Durant has played for Team USA, helping the team win its first FIBA World Championship since 1994 at the 2010 championship. As part of Team USA at the 2012 Olympics, he set the record for total points scored in an Olympic basketball tournament with his averages of 19.5 points, 5.8 rebounds, 2.6 assists and 1.6 steals per game. He also played for Team USA at the 2016 Olympics, winning gold that year.
In a departure from his basketball career, Durant briefly ventured into acting in the 2012 film "Thunderstruck," playing a semi-fictionalized version of himself.
Photo by Harry How/Getty Images
Endorsements and Investments: Off the court, Kevin earns $36 million from endorsement deals with companies like Gatorade, Nike, Degree and more. In a given year, Durant earns around $65 million, of which $30 million comes from salary and $35 million comes from endorsements. He has also made a number of venture capital investments. He owns small stakes in a number of companies including Postmates and investment app Acorns.
Kevin's media company has production deals with Fox, ESPN, Apple and Showtime.
Personal Life and Real Estate: Durant's personal life is kept mostly private by the sports star, with little information available. He is known to have dated Bay Area property salesperson Cassandra Anderson, and was previously engaged to former WNBA star Monica Wright until 2014.
In 2018, Durant spent $12.05 million to buy a beachfront home in Malibu, California. In May 2019 he listed the home for sale for $13.495 million. He also owns several properties in the Oklahoma City area. In 2013, he listed his residence in the upper-class Club Villa neighborhood for $1.95 million.
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