Kevin Durant's Financial Profile: Net Worth, Contract, Salary, and Investments



by NOUMAN RASOOL

Kevin Durant's Financial Profile: Net Worth, Contract, Salary, and Investments
© Christian Petersen/Getty Images

In the realm of professional basketball, few names resonate as profoundly as Kevin Durant, a towering figure whose journey from the college courts of the Texas Longhorns to the gleaming hardwoods of the NBA has been nothing short of meteoric.

Since being picked second overall by the Seattle SuperSonics in the 2008 draft, Durant's career has been a blend of relentless scoring and strategic plays, earning him a place among the sport's elites. Perhaps most remarkable was Durant's tenure with the Golden State Warriors, starting in 2016.

Here, his formidable skills were instrumental in securing back-to-back NBA championships in 2017 and 2018, a feat that etched his name into the annals of basketball history. His prowess extends beyond the national courts, as evidenced by his gold medal from the 2010 FIBA World Championship and his status as Team USA's top scorer in men's Olympic basketball history.

Durant's Financial Empire

Off the court, Durant's impact is equally impressive. As of 2023, his net worth is estimated at a colossal $300 million, a testament to his lucrative contracts and endorsement deals. Forbes ranked him as the 6th highest-paid athlete in 2022, with earnings exceeding $92 million from various sources, including contracts and endorsements with giants like Nike, Google, and Gatorade.

His career earnings, combining salary and endorsements, are estimated at around $710 million, making him one of the highest earners in NBA history. The latest chapter in Durant's career unfolded with his move to the Phoenix Suns in 2023.

His new contract with the Suns, worth $194.2 million, guarantees an average annual salary of nearly $48.6 million. This contract, which runs through the 2025-26 season, cements Durant's position as one of the highest-paid athletes in the sport.

Durant's income is further augmented by his lucrative endorsements, which bring in an estimated $45 million annually. His lifetime deal with Nike, alongside partnerships with Google, Alaska Air Group, Panini America, and others, showcases his significant marketability.

Moreover, Durant is an astute businessman, with investments in over 100 companies through Thirty-Five Ventures. His portfolio includes successful investments in Postmates and Coinbase, along with stakes in various sports teams.

His real estate holdings are equally impressive, with a recent $15.6 million purchase in Hidden Hills, California, highlighting his financial acumen.