Kevin Durant Net Worth 2022: Nike Agreement!
Kevin Wayne Durant is a professional basketball player from Washington, District of Columbia. Alongside Dreymon Green and Jeremy Lin, Durant is currently a member of the Golden State Warriors of the NBA.
As a professional NBA player, Durant has won the NBA Championship, the Most Vulnerable Player Award, and the Finals Most Valuable Player Award.
Nike pays Kevin $26 million per year. When added to his NBA salary of $42 million, his annual revenue from these two sources alone exceeds $68 million.
Early Life and Beginnings of Career
Kevin Wayne Durant was born on September 29, 1988, in Washington, DC. His father abandoned the family when he was still an infant, and his parents eventually divorced. As a result, Durant’s grandma assisted in his upbringing.
Brianna is his sister, and he has two brothers, Tony and Rayvonne. They were raised in Prince George’s County, Maryland, near Washington, DC. Durant’s father returned to his life when he was 13 years old, and the two traveled the country together to attend basketball events.
Growing up in Maryland, Durant participated in Amateur Athletic Union (AAU) basketball for multiple teams and was teammates with future NBA players Michael Beasley, Greivis Vasquez, and Ty Lawson.
Durant began wearing the number 35 in commemoration of his original AAU mentor Charles Craig, who was assassinated at the age of 35. He played basketball for National Christian Academy, Oak Hill Academy, and Montrose Christian School during his high school years.
Before his senior year of high school, he committed to the University of Texas as a highly sought-after recruit who was ranked as the second-best high school prospect of 2006.
Durant was selected the Washington Post All-Met Basketball Player of the Year and the Most Valuable Player of the 2006 McDonald’s All-American Game at the conclusion of his senior season.
Durant had a prosperous collegiate career playing for the Texas Longhorns at the University of Texas at Austin. He averaged 25.8 points, 11.1, and 1.3 assists per game during the 2006-2007 college season.
He received the John R. Wooden Award, the Naismith College Player of the Year Award, as well as eight other distinctions and trophies. Following the season, he entered the NBA draft. The Longhorns have since retired his #35 jersey.
Kevin Durant’s Fortune
American professional basketball player Kevin Durant has a net worth of $200 million. On and off the court, Kevin is among the highest-paid players.
His contract of $42 million in the NBA places him among the top five highest-paid players in the league. His several expensive endorsement deals increase his annual earnings by tens of millions of dollars.
A career in Professional Basketball
Durant was drafted second overall by the Seattle Supersonics in the 2007 NBA draft. He was voted the NBA Rookie of the Year after averaging 20,3 points, 4.4 rebounds, and 2.4 assists per game in his rookie season.
The SuperSonics moved to Oklahoma City in 2008 and became the Thunder. He is a candidate for the Most Improved Player Award after increasing his scoring average by five points during the 2008-2009 season.
Even though he did not win, he came in third place in the voting. Also around this period, he stopped growing, attaining his final height of 6 feet 11 inches (2.11m).
Durant was picked to participate in his first NBA All-Star Game during the 2009-10 season, and his average of 30.1 points per game made him the youngest NBA scoring champion at the time.
Before the 2010-11 season, Durant signed a five-year agreement worth an estimated $86 million with the Thunder. During the 2011-12 NBA All-Star Game, he was named the game’s Most Valuable Player and proceeded to perform admirably.
During the 2013-14 season, he scored 25 points or more in 41 straight games, surpassing Michael Jordan’s record. In the same season, he was voted the NBA’s Most Valuable Player, averaging 32 points, 7.4 rebounds, and 5.5 assists per game. Through the 2015 season, Durant’s salary alone accounted for almost $88 million.
In July of 2016, he officially signed a two-year, $54.3 million contract with the Golden State Warriors, ending his tenure with the Oklahoma City Thunder. In July of 2018, he re-signed a two-year contract with the Warriors reportedly worth $61.5 million.
Then, in July 2019, he signed a sign-and-trade contract with the Brooklyn Nets. Durant has also played for Team USA, helping them win their first FIBA World Championship since 1994 in 2010.
As a member of Team USA in the 2012 Olympics, his averages of 19.5 points, 5.8 rebounds, 2.6 assists, and 1.6 steals per game set the record for total points scored in an Olympic basketball tournament. He also competed for Team USA at the 2016 Olympics, where they won gold.
In the 2012 film “Thunderstruck,” Durant took a temporary detour from his basketball career to portray a semi-fictionalized version of himself.
Investments and Endorsements
Kevin’s endorsement partnerships with brands such as Gatorade, Nike, Degree, and others net him $36 million. Durant gets around $65 million per year, with $30 million coming from salary and $35 million from endorsements.
Additionally, he has made several venture capital investments. Among the companies in which he holds small investments are Postmates and the investment software Acorns. Kevin’s media organization has production agreements with Fox, ESPN, Apple, and Showtime.
Little is known about Durant’s private life, as the athlete prefers to keep it a well-guarded secret. He dated Bay Area real estate agent Cassandra Anderson and was formerly engaged to former WNBA player Monica Wright until 2014.
In 2018, Durant purchased a beachfront home in Malibu, California for $12.05 million. In May of 2019, he placed the residence for sale at $13.495 million:
Kevin sold the above home in June 2019 for $12.15 million. Anthony Zuiker, the creator of the “CSI” television show, was the buyer.
Additionally, he owns other properties in the Oklahoma City region. In 2013, he offered his upscale Club Villa neighborhood residence for $1.95 million. Kevin spent $15,6 million in July 2021 for a property in Hidden Hills, California.