Kevin Durant is an American professional basketball player who has a net worth of $300 million
Kevin Durant has earned a total of $164,255,700 in salary over the past four years.
His income has nearly doubled in the last five years, going from $20,158,622 in 2015-16 to $40,918,900 in the 2021-22 season. In the upcoming 2022-23 NBA season, he is set to make $44,119,845.
Who Is Kevin Durant?
Kevin Durant, born on September 29, 1988, in Washington, D.C., is an American professional basketball player.
He achieved remarkable success at a young age, winning the NBA Most Valuable Player (MVP) award for the 2013–14 season and establishing himself as one of the era’s top players.
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Durant displayed extraordinary talent in basketball from an early age and quickly rose through the ranks in the competitive Washington, D.C. basketball scene during high school.
His senior season saw him earn the title of All-American. He continued to excel at the University of Texas, leading the Big 12 Conference in scoring average (25.8 points per game), rebounding average (11.1 rebounds per game), and blocked shots (67) during his freshman year.
Durant also received first-team All-American honors and became the first freshman to achieve consensus national College Player of the Year recognition.
Despite his collegiate success, he decided to forgo the remainder of his college career and was selected as the second overall pick by the Seattle Super Sonics in the 2007 NBA draft.
What is Kevin Durant’s Net Worth?
Kevin Durant, the American professional basketball star, boasts a substantial net worth of $300 million.
He ranks among the top earners in the world of basketball, both in terms of his $42 million NBA salary, which positions him within the league’s top five earners, and through his numerous lucrative endorsement agreements that yield tens of millions annually.
In the period spanning June 2019 to June 2020, Kevin amassed an impressive $65 million from various income streams.
Following a successful stint with the Golden State Warriors, Durant made a significant move in 2019 by inking a four-year, $164 million contract with the Brooklyn Nets.
Additionally, he is an active participant in the tech investment landscape, having engaged in over 40 early-stage technology investments.
Nike Contract
For many years, Kevin earned $26 million per year from Nike. When combined with his $42 million NBA salary, his annual income from these two sources alone topped $68 million.
In April 2023 Kevin became the third player in NBA history to sign a lifetime contract with Nike. The other two players are Michael Jordan and LeBron James.
Early Life
Kevin Wayne Durant was born in Washington, DC, on September 29, 1988.
His father left when he was an infant; his parents later divorced.
Durant’s grandmother played a significant role in his upbringing.
He has a sister, Brianna, and two brothers, Tony and Rayvonne.
They grew up in Prince George’s County, Maryland, near Washington, DC.
Durant’s father returned when he was 13, and they traveled to basketball tournaments.
Durant played AAU basketball with future NBA players like Michael Beasley.
He attended National Christian Academy, Oak Hill Academy, and Montrose Christian School.
Durant was a highly sought-after recruit, ranking second in 2006.
He committed to the University of Texas before his senior year.
Durant earned numerous awards in high school, including Washington Post All-Met Basketball Player of the Year.
At the University of Texas, he had a stellar season in 2006-07.
Averaging 25.8 points, 11.1 rebounds, and 1.3 assists per game.
He won the Wooden Award, Naismith Player of the Year, and more.
After that season, he declared for the NBA draft, and his Longhorns jersey, #35, was retired.
Career
In the 2007 NBA draft, Seattle SuperSonics chose Durant as the second overall pick.
In his rookie season, he won NBA Rookie of the Year with 20.3 points, 4.4 rebounds, and 2.4 assists per game.
The SuperSonics moved to Oklahoma City in 2008, where Durant improved his scoring.
He reached his final height of 6 ft 11 in (2.11m) during this period.
Durant became an NBA All-Star in the 2009-10 season and won the scoring title.
Before the 2010-11 season, he signed a $86 million, five-year contract extension.
Durant earned the NBA All-Star Game MVP in 2011-12.
In 2013-14, he broke Michael Jordan’s record for consecutive 25+ point games.
Durant was voted NBA MVP in 2013-14, averaging 32 points, 7.4 rebounds, and 5.5 assists.
By 2015, his NBA salary alone exceeded $88 million.
He joined the Golden State Warriors in 2016 on a $54.3 million, two-year contract.
Durant re-signed with the Warriors in 2018 for $61.5 million.
In 2019, he signed with the Brooklyn Nets in a sign-and-trade deal.
Durant contributed to Team USA’s FIBA World Championship win in 2010.
He set an Olympic scoring record in 2012, earning gold at the Olympics.
Durant repeated his Olympic success, winning gold in 2016.
Durant dabbled in acting, appearing in the 2012 film “Thunderstruck” as himself.
Endorsements
Outside of basketball, Kevin Durant generates $36 million through endorsement agreements with companies such as Gatorade, Nike, Degree, and others.
In a typical year, Durant accumulates approximately $65 million in income, with $30 million stemming from his salary and $35 million from endorsements.
Additionally, he has engaged in venture capital investments, holding minority interests in various companies, including Postmates and the investment app Acorns.
Kevin Durant’ House and Car
Kevin Durant spent $30 million on houses across the United States.
He frequently buys and sells properties.
Recently, he sold his Malibu house, and his Oakland house is listed for $6 million.
His favorite city is New York, where he enjoys blending in and valuing personal space.
New York has a rich basketball culture, producing stars like Kareem Abdul-Jabbar and Kyrie Irving.
Madison Square Garden, home of the Knicks, is the basketball ‘Mecca.’
Durant owns a luxury car collection, including a Ferrari California worth $200,000.
He also has Lamborghinis, Range Rovers, Ferraris, Porsches, Mercedes-Benz models, and a 1966 Ford GT 40.
His Chevrolet Camaro SS, customized to match his sneaker line, features matte red paint and pinstripes.
Kevin Durant’s Charity Work
Kevin Durant has supported various charities during his career.
He made a $10 million donation to help children from his hometown access college.
The Kevin Durant Charity Foundation aids at-risk youth from low-income backgrounds through education, sports, and social programs.
The foundation grants support programs for the homeless, girls’ empowerment, disaster relief, and social justice.
Durant reportedly gave $1 million to the Red Cross for tornado relief.
He also contributed $3 million to the University of Texas to support their basketball program.
