Kevin Garnett has an estimated net worth of $120 million. He is an American former professional basketball player who played for more than twenty seasons in the National Basketball Association.
Kevin Garnett spent a noble twenty-one seasons in the National Basketball Association (NBA). In the summer Olympics of the year 2000, Kevin won a gold medal as a member of the US national team. He became the only player, since 1975, who became conscripted directly from high school. During his very successful professional career, Kevin Garnett’s net worth grew as the years went by. Even after his retirement from shooting hoops, Kevin still holds unprecedented records in his major club, the Timberwolves.
Kevin Garnett, during his basketball career, set many NBA records, as well as received several awards for his achievements. He is the only player in the NBA to reach 25,000 points, 10,000 rebounds, 1,500 steals, 5,000 assists and 1,500 in his career. He is also the sole player in the NBA to reach at least 20 points, 10 rebounds and 5 assists for six consecutive seasons. Meanwhile, fans are curious to know what Garnett is worth now, after basketball. Here, we’ve all the facts you’ve been looking out for.
Sources of Kevin Garnett’s Net Worth
- His basketball career
- Media career
- Consultancy
Basketball Career Largely Contributed To Kevin Garnett’s Net Worth
The famous NBA player started his professional basketball career in 1995 after he signed a six-year contract worth $126 million with the Minnesota Timberwolves. For consecutive 12 seasons, Kevin played for the Timberwolves, featuring in a total of 927 games, while reaping all the associated financial benefits.
From 2004, however, the Minnesota Timberwolves started making poor game records. This continued for the next few years, causing the Timberwolves to trade Garnett in July 2007, in exchange for seven players from Boston Celtics. The trade was a record-breaker, being the first 7-for-1 (and largest single-player exchange) in the history of the NBA. This was as a result of Kevin’s financial worth.
Kevin Garnett signed a two-year deal with the Celtics, alongside a three-year contract extension worth $60 million. In his first game with the team, Garnett made 22 points and 20 rebounds. He was the 32nd player to reach over 20,000 points. After six seasons, the Celtics sold Kevin, alongside several other teammates to the Brooklyn Nets.
That was in July 2013. At Brooklyn Nets, Kevin Garnett continued to soar in his career, reaching his peak performance with the club in a victorious face-off with the Detroit Pistons on November 1, 2014. During the 102–90 win, Garnett penned down 14 rebounds and 18 points.
In February 2015, Garnet returned to Minnesota Timberwolves where he spent his last basketball year. Kevin’s salary in his final career season was $12 million. As of then, he was also earning an extra $10 million per annum from endorsements. In all, Garnett earned the highest single-season salary of $28 million. Until his retirement, he remained the #1 highest-paid NBA player of all time, with a whopping $334.3 million annual salary, a figure that is $11 million more than the #2 player, Bryant Kobe.
How Much Is Kevin Garnett’s Net Worth Now?
After his retirement, Kevin Garnett’s net worth is $120 million. On 23rd September 2016, Kevin Garnett officially bowed out from professional basketball. He gathered his net worth during his years in basketball, playing for the Brooklyn Nets, the Boston Celtics, and the Minnesota Timberwolves.
Post-basketball career, Garnett joined the crew on TNT’s Inside the NBA in 2016 and the same year, he started hosting his own segment, Area 21. He became a consultant with the Los Angeles Clippers in January 2017 and served in the same capacity with the Milwaukee Bucks during the 2016–17 season.
Kevin Garnett Before Professional Basketball
Kevin Maurice Garnett was born on the 19th of May, 1976. His birthplace is Greenville South Carolina. Kevin’s parents, Shirley Garnett and O’Lewis McCullough never married officially and after he was born, they separated. His mum consequently brought him up singlehandedly.
Garnett attended Hillcrest Middle School where he started basketball. He subsequently started playing actively in a team during his days at Mauldin High School. Kevin did well with the high school’s team. He, however, got into a racially inflicted fight which caused him to leave Mauldin. Kevin subsequently changed to Farragut Career Academy High School, Chicago, where he completed his senior year.
At Farragut Career Academy, he did very competently in the game, emerging USA’s National High School Player of the year in 1995. At the same time, he received the title of the Most Outstanding Player. He also ranked among the 35 Greatest McDonald’s All Americans during the 35th anniversary of the All American High School Boys Basketball Game. Garnett did so well in the high school team that they nicknamed him, “Mr. Basketball”.
