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Kevin Durant Net Worth: How The Basketball Player Makes Millions?
After the Brooklyn Nets moved Durant to the Phoenix Suns prior to the 2023 NBA trade deadline, he is now a member of a brand-new elite squad. Having won two NBA titles and two MVP awards in the NBA Finals, Durant will now try to win a third of each.
In addition, Durant is a 13-time All-Star, the NBA’s Rookie of the Year, an MVP, and among the best small forwards ever. As Kevin Durant prepares for his first full season in Phoenix, let’s examine his projected net worth in more detail in this article.
Let’s examine Durant’s estimated net worth for 2023.
Table of Contents
What is Kevin Durant’s Net Worth?
$300 million is the estimated net worth of American professional basketball player Kevin Durant. One of the most-paid athletes both on and off the court is Kevin Durant. He is among the top five earners in the NBA with a salary of $42 million.
He is able to make tens of millions more per year because of his several lucrative sponsorship deals. Through his varied ventures, Kevin made $65 million between June 2019 and June 2020. Following three seasons with the Golden State Warriors, Kevin inked a $164 million, four-year contract with the Brooklyn Nets in 2019. With over 40 early-stage technology investments under his belt, he is a busy tech investor.
Kevin Durant Nike Contract
Kevin received $26 million annually from Nike for a number of years. Together with his $42 million NBA salary, these two sources of revenue alone brought him about $68 million annually.
In April 2023, Kevin signed a lifetime contract with Nike, making him the third player in NBA history to do so. LeBron James and Michael Jordan are the other two players.
Kevin Durant Early Life and Career Beginnings
On September 29, 1988, Kevin Wayne Durant was born in Washington, DC. His mother and father divorced when he was still a baby, and his father left the household. Durant’s grandma thus assisted in raising him. He has two brothers, Rayvonne and Tony, and a sister, Brianna.
Their upbringing took place in Prince George’s County, Maryland, which is located outside of Washington, DC. When Durant was thirteen, his father came back into his life, and the two of them traveled the nation attending basketball games.
Growing up, Durant participated in Amateur Athletic Union (AAU) basketball for multiple teams in the Maryland region. He was teammates with Michael Beasley, Greivis Vasquez, and Ty Lawson, who would go on to play in the NBA.
Durant started donning the #35 jersey number in remembrance of his first AAU coach, Charles Craig, who was killed at the age of 35. He attended Oak Hill Academy, Montrose Christian School, and National Christian Academy for his high school basketball career.
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Presumed to be the second-best high school talent of 2006, he was a highly sought-after recruit who committed to the University of Texas prior to his final year in high school. Durant won the Most Valuable Player award at the 2006 McDonald’s All-American Game and the Washington Post All-Met Basketball Player of the Year at the conclusion of his senior year.
Playing for the Texas Longhorns at the University of Texas at Austin, Durant had a great collegiate career. He averaged 25.8 points, 11.1 rebounds, and 1.3 assists per game for the 2006–07 college year.
In addition to winning the John R. Wooden Award, the Naismith College Player of the Year Award, and eight other accolades and trophies, he was named the unanimity winner of the national player of the year. He submitted an NBA draft declaration following the season. The Longhorns have since retired his #35 jersey.
Kevin Durant Professional Basketball Career
The Seattle SuperSonics selected Durant with the second overall choice in the 2007 NBA draft. He won the NBA Rookie of the Year award in his rookie campaign, averaging 20.3 points, 4.4 rebounds, and 2.4 assists per game.
The SuperSonics moved to Oklahoma City in 2008, where they now play as the Thunder. He raised his scoring average by five points in the 2008–09 campaign, positioning him as a contender for the Most Improved Player Award. He came in third place in the voting even though he did not win it.
It is also about this time that he reached his final height of 2.11 meters, or 6 feet 11 inches. With an average of 30.1 points per game, Durant became the youngest NBA scoring champion at the time he was selected to play in his first NBA All-Star Game during the 2009–10 season.
Durant agreed to a five-year, $86 million contract extension with the Thunder prior to the 2010–11 season. He kept up his strong play, even taking home the Most Valuable Player Award from the 2011–12 NBA All-Star Game.
With 41 games in the 2013–14 campaign, he broke Michael Jordan’s record for the most consecutive games with 25 points or more. His statistics of 32 points, 7.4 rebounds, and 5.5 assists per game earned him the title of NBA Most Valuable Player that season.
Durant’s salary alone had brought in over $88 million through the 2015 campaign. In July of 2016, he formally signed a $54.3 million, two-year contract with the Golden State Warriors, leaving the Oklahoma City Thunder. See the tweet about Kevin Durant being traded to the Suns:
— Bleacher Report (@BleacherReport) February 9, 2023
In July 2018, he signed a new two-year contract with the Warriors, reportedly for $61.5 million. He then agreed to a sign-and-trade contract with the Brooklyn Nets in July 2019. Durant has played for Team USA in addition to the NBA, and at the 2010 championship, he helped the group win its first FIBA World Championship since 1994.
He broke the record for the most points scored in an Olympic basketball competition while playing for Team USA in 2012. His stats of 19.5 points, 5.8 rebounds, 2.6 assists, and 1.6 steals per game were impressive. In 2016, he competed for Team USA in the Olympics and took home the gold medal.
A brief diversion from his basketball career came when Durant played a somewhat fictionalized version of himself in the 2012 film “Thunderstruck.”
Kevin Durant Investments and Endorsements
Kevin makes $36 million in endorsement deals outside of the court with brands like Gatorade, Nike, Degree, and others. Durant makes about $65 million a year, of which $35 million is from sponsorships and $30 million is from pay.
In addition, he has made several venture capital investments. He has small holdings in several businesses, such as the investment platform Acorns and Postmates. Kevin has production agreements with Fox, ESPN, Apple, and Showtime through his media company.
Kevin Durant Personal Life
Little is known about the sports great Durant’s personal life, which he keeps mostly private. He formerly dated former WNBA star Monica Wright till 2014. He is also believed to have dated Bay Area real estate agent Cassandra Anderson.
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