It has been estimated that Kevin Durant worth as much as $170 million. Here is how his career, endorsements and investments have netted him so much.
It’s possible the talent in the NBA has never been better than it is right now. Basketball’s most public face, by a long shot, may be LeBron James, but there are many other elite players out there that are helping make it one of the biggest sports in the country.
Perhaps the best non-LeBron player in the NBA over the past decade has been Kevin Durant. Big things were expected from Durant as early as high school — and he has more than made good on that potential as a nine-time NBA All-Star and one-time league MVP. He’s consistently been one of the most popular, though recently polarizing, players in the game.
He’s also easily one of the richest. As he prepares for his 12th season in the NBA, how much is Durant worth?
Kevin Durant’s Net Worth:
Durant is estimated by Forbes to be worth approximately $170 million. That would put him exponentially above other Americans his age. The superstar, 30, is worth a ton, and it’s hard to be surprised after watching him play at such a high level his entire career.
Kevin Durant’s Contract:
Durant has played with his current team, the Golden State Warriors, for two years — and absolutely delivered, winning Finals MVP two years in a row. For his efforts, Durant turned his initial payday with Golden State into an even bigger payday.
He declined the option on his contract in the hopes of more money — and got it. In July of 2018, Durant signed a new two-year deal with the Warriors worth $61.5 million. According to Spotrac, Durant will have a $30 million salary this year, and a $31.5 million salary for the 2019-2020 season. That will bring him to an incredible milestone: surpassing $200 million in career cash earnings from basketball.
Kevin Durant’s Career:
Durant came to the NBA during a time of major change. After a phenomenal freshman year playing at the University of Texas, he declared for the draft in 2007. Portland drafted Greg Oden first overall, and then Durant was drafted by the Seattle Supersonics.
Kevin Durant’s Endorsements and Investments:
Kevin Durant has been a superstar, no matter what city he has played in. Brands like that in an athlete. It’s no wonder Forbes estimates that he makes $32 million a year in endorsements.
An elite NBA player like Durant working with Nike is hardly a surprise. He first signed with them before his rookie year on a seven-year contract. Once that contract ended, he was the reigning NBA MVP — and Nike was quick to re-sign him for another 10 years, through 2024.
In addition, Durant has endorsement deals with Alaska Airlines and Beats Electronics. He has also dove headfirst into the world of investing — with the Durant Company, co-founded by him and his agent Rich Kleiman. The Durant Company’s portfolio includes Coinbase, Postmates and The Players’ Tribune.
Kevin Durant’s House:
Durant offered a sneak peek into his house in Oakland, Calif. when he first started his YouTube channel in 2007, with a video called My First Livestream!
Of course, someone building their wealth like Durant does is bound to have more than one house. Earlier in 2018, Durant bought property in Malibu, Calif. — a massive four-bedroom, six bathroom estate that cost over $12 million.
But since Durant and Kleiman also co-founded Thirty Five Media — a production company working to make YouTube content, it makes sense for Durant to own property in southern California as he becomes as much an entrepreneur as an athlete.