Kevin Durant Net Worth
[Kevin Durant Net Worth (Credits: Fox News)]

Kevin Durant stands today as one of the most talented and complete players in the NBA. Over his storied career, he has racked up championships, MVPs, scoring titles, and Olympic gold medals. He also reigns as one of the highest-paid athletes ever, with an estimated net worth of $200 million in 2023. How did Durant amass such enormous wealth? What are his income sources? How does he spend and invest his money? This article breaks down Kevin Durant net worth and journey to prosperity.

Here are some key facts about Kevin Durant:

Category

Value

Net Worth

$200 million (Estimated)

Salary

$39 million

Date of Birth

September 29, 1988

Birth Place

Washington, D.C., USA

Gender

Male

Height

6 ft 10 in (2.08 m)

Profession

Basketball player

Nationality

American

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What is Kevin Durant Current Net Worth?

According to financial reports, Kevin Durant's net worth sits around $200 million as of 2023. This positions him among the wealthiest NBA players of all time, along with icons like Michael Jordan, Magic Johnson, and LeBron James. Durant's fortune stems primarily from his NBA salary, endorsement deals, and savvy investments. His move to the Brooklyn Nets in 2019 landed him a 4-year, $164 million contract, the biggest contributor to his massive net worth.

Annual Income

Kevin Durant earns a yearly income from his Brooklyn Nets salary and his endorsement deals. In 2019, he signed a four-year Nets contract worth $164 million, paying him an average of $39 million per year. He also has endorsement agreements with Nike, Google, American Family Insurance, Sparkling Ice, BBVA and other firms, bringing in an estimated $35 million annually. So his total yearly income comes out to around $74 million.

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Career Earnings

Kevin Durant has made over $500 million from his NBA career since joining the league in 2007. He was picked by the Seattle SuperSonics (now the Oklahoma City Thunder) as the second overall draft pick and signed a three-year rookie deal worth $17.8 million. He then inked a five-year extension with the Thunder for $86 million in 2010. In 2016, he joined the Golden State Warriors as a free agent, signing a two-year contract for $54.3 million, followed by another two-year deal for $61.5 million in 2017. He won two championships and two Finals MVP awards with the Warriors before leaving for the Nets in 2019.

Here is a summary of his career earnings annually:

Season

Team

Earnings

2007-08

Seattle SuperSonics

$4.2 million

2008-09

Oklahoma City Thunder

$4.5 million

2009-10

Oklahoma City Thunder

$4.8 million

2010-11

Oklahoma City Thunder

$6.1 million

2011-12

Oklahoma City Thunder

$15.5 million

2012-13

Oklahoma City Thunder

$16.7 million

2013-14

Oklahoma City Thunder

$17.8 million

2014-15

Oklahoma City Thunder

$18.9 million

2015-16

Oklahoma City Thunder

$20.2 million

2016-17

Golden State Warriors

$26.5 million

2017-18

Golden State Warriors

$25 million

2018-19

Golden State Warriors

$30 million

2019-20

Brooklyn Nets

$37.2 million

2020-21

Brooklyn Nets

$39 million

Total

-

$504.6 million

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Endorsement Agreements

In addition to his NBA paychecks, Durant earns roughly $35 million annually through endorsement partnerships with companies like Nike, Google, American Family Insurance and more. 

1 - Nike Deal

Kevin Durant has a long-term partnership with Nike, the leading sportswear firm worldwide. He signed his first deal with Nike in 2007 for seven years and $60 million. In 2014, he renewed the deal for ten more years and up to $300 million, making him one of Nike top-paid athletes. He has his own signature shoe line, the KD series which is a top-selling basketball shoe in the market. He also features in Nike ads and campaigns, endorsing the brand and its products.

2 - Google

Kevin Durant has an agreement with Google, the tech behemoth that owns YouTube, Gmail, Google Maps and other popular platforms. He is part of the Google Assistant campaign, displaying how the voice-activated service can aid users with various tasks and questions. He also has his own YouTube channel with over 800,000 subscribers and 40 million views where he posts videos of his life, workouts, interviews and more.

3 - American Family Insurance

Kevin Durant has a deal with American Family Insurance, a firm offering various insurance products and services. He features in their Dream Fearlessly campaign which motivates people to follow their dreams and overcome their fears. He also takes part in community events and initiatives supporting youth development.

4 - Sparkling Ice

Kevin Durant represents Sparkling Ice, a brand of flavored carbonated water beverages. He endorses and invests in the company which is owned by Talking Rain Beverage Company. He promotes the brand and its flavors on social media, commercials and events. He even has his own Orange Mango flavor with his image on the bottle.

5 - BBVA

Kevin Durant is a global brand ambassador and partner for BBVA, a leading global financial institution operating in over 30 countries. He appears in BBVA ads and campaigns, showcasing the bank offerings. He also champions BBVA community programs like NBA Cares and the BBVA Compass Opportunity Scholarship.

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Cash & Investments

Durant has strategically invested his NBA earnings into assets and ventures that have helped build his immense net worth. He owns over 40 diverse investments, including stakes in companies like Postmates, Coinbase, Acorns, and Robinhood. He also founded a media company called Thirty Five Ventures and the Kevin Durant Charity Foundation. And he owns multiple properties and businesses. His investment portfolio diversifies his income and contributes to his $200 million fortune.

Kevin Durant Philanthropic Work

While focused on NBA stardom, Kevin Durant has always made giving back a priority. He routinely donates money and time to charities and causes close to his heart.

1 - Kevin Durant Charity Foundation

In 2012, Durant launched his own charity organization called the Kevin Durant Charity Foundation (KDCF). Its mission is to enrich the lives of at-risk youth through educational, athletic, and social programs. Some initiatives include:

  • Building basketball courts in underprivileged neighborhoods
  • Funding college scholarships for low-income students
  • Operating mentorship programs for foster children
  • Donating $1 million to COVID-19 relief efforts

2 - Other Notable Donations & Causes

Beyond his own charity, Durant has supported impactful organizations like:

  • The University of Texas - $3 million for sports and education programs
  • Red Cross - $1 million for Oklahoma tornado disaster relief
  • Positive Tomorrows - $50k to a school for homeless kids
  • Black Lives Matter - $100k toward racial justice reforms
  • Durant recognizes the power his wealth brings to uplift communities and change lives.

His charitable work reflects his values and desire to help others.

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Kevin Durant Journey: Early Life to NBA Superstardom

Born on September 29, 1988 in Washington D.C., Kevin Durant grew up with his single mother Wanda Pratt and brother Tony Durant.

Early Life and Love of Basketball

Kevin Durant developed a love for basketball early on. He started playing at the Seat Pleasant Activity Center under coach Taras Brown, his mentor. He also competed for youth teams like the PG Jaguars, DC Blue Devils and Montrose Christian School. He idolized Michael Jordan and Vince Carter and wore number 35 to honor his late childhood friend and coach Charles Craig.

High School and College Basketball

Kevin Durant attended three different high schools - National Christian Academy, Oak Hill Academy and Montrose Christian School - excelling at each with over 20 points and 10 rebounds per game. He was named the Washington Post All-Met Player of the Year twice and MVP of the McDonald All-American Game and Jordan Brand Classic. Rivals.com and Scout.com ranked him the second-best high school prospect nationally.

For college, Durant chose the University of Texas and had a phenomenal freshman season with the Longhorns, averaging 25.8 points and 11.1 rebounds per game. He became the first freshman to win the Naismith College Player of the Year Award, Wooden Award and Oscar Robertson Trophy. He also took Big 12 Player of the Year, Big 12 Tournament MVP and unanimous First Team All-American honors, leading the Longhorns to the NCAA Tournament before losing in the second round.

NBA Draft and Seattle SuperSonics

After his freshman year, Durant declared for the NBA draft, foregoing his remaining college eligibility. While expected to be the #1 pick, he was surprisingly selected second overall by the Seattle SuperSonics after Greg Oden. He signed a $17.8 million three-year rookie contract with a fourth-year option.

Durant made his NBA debut on November 2, 2007 against the Denver Nuggets with 18 points and five rebounds. He had a phenomenal rookie campaign, averaging 20.3 points, 4.4 rebounds and 2.4 assists per game. He won the NBA Rookie of the Year Award and made the NBA All-Rookie First Team.

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Oklahoma City Thunder and Rise to Fame

After his rookie year, Durant relocated with his team to Oklahoma City, becoming the Oklahoma City Thunder. He switched his number to 7 for biblical reasons. He also significantly improved his game with better strength, defense and leadership.

In his second season, Durant became a superstar, averaging 25.3 points, 6.5 rebounds and 2.8 assists per game. He also led the league in total points with 2,029, the youngest player in NBA history to do so. He made his first NBA All-Star appearance and the All-NBA Second Team.

His third season was even more dominant with 27.7 points, 6.8 rebounds and 2.7 assists per game. He won his first scoring title with 2,472 points, the youngest ever to achieve this. He also led the Thunder to their first playoff berth since moving to Oklahoma City. He made the All-NBA First Team and finished second for NBA MVP.

His fourth season brought another scoring title with 28 points, 6.6 rebounds and 3.5 assists per game and 2,024 total points. He became the seventh player to win back-to-back scoring titles. He also took the Thunder to the Western Conference Finals before losing to the Dallas Mavericks. He again made All-NBA First Team and was #2 for NBA MVP.

In his fifth season, Durant peaked with career-highs of 28.5 points, 8 rebounds and 3.5 assists per game. He achieved a third straight scoring title with 2,283 points, joining elite company with Michael Jordan and Wilt Chamberlain. He also led the Thunder to their first NBA Finals against the Miami Heat, averaging 30.6 points per game in the series which Miami won in five games. Durant again made All-NBA First Team and was #2 for NBA MVP.

Injuries and Playoff Woes

Durant faced adversity in his sixth season with ankle and foot injuries that sidelined him for six December games. He still averaged 28.1 points, 7.9 rebounds and 4.6 assists for the year and claimed a fourth scoring title with 2,280 points. He took the Thunder back to the Conference Finals against the San Antonio Spurs. But the loss of Russell Westbrook to a knee injury proved too much to overcome and the Spurs prevailed in six games and went on to win the championship. Durant made All-NBA First Team again and finished second for NBA MVP again.

Durant's seventh season was marred by more injuries - a fractured foot, sprained ankles, sprained toe and strained hamstring - that caused him to miss 55 games. He averaged 25.4 points in 27 games played but lost his scoring streak, missing the playoffs for the first time since 2009.

Golden State Warriors and Championship Wins

Durant became a free agent in 2016 and shocked the NBA by signing with the Golden State Warriors, who were coming off a record 73-win regular season but lost the Finals after leading 3-1. He joined an All-Star trio of Stephen Curry, Klay Thompson and Draymond Green. Durant signed a two-year, $54.3 million deal with a player option.

In his first Warriors season, Durant seamlessly fit their system, averaging 25.1 points, 8.3 rebounds and 4.8 assists per game while improving his defense and shooting percentages. He helped the Warriors go 67-15 and reach the Finals again against the Cavaliers. Durant dominated with 35.2 points per game which includes a clutch late three-pointer over LeBron James to seal Game 3. He won Finals MVP as the Warriors defeated the Cavs 4-1 for his first championship.

Durant re-signed for two more years and $61.5 million. He continued excelling with 26.4 points, 6.8 rebounds and 5.4 assists per game in another All-Star season. He led the Warriors back to the Finals against the Cavaliers again. He averaged 28.8 points, 10.8 rebounds and 7.5 assists in the Finals which includes another clutch three over LeBron James in Game 3. He won his second straight Finals MVP award as the Warriors swept the Cavs 4-0 for back-to-back titles.

Brooklyn Nets and Injury Comeback

After a torn Achilles in the 2019 Finals, Durant returned strong in 2020-21 with the Nets. He scored 22 points in 25 minutes showing no issues with his Achilles.

Durant had a phenomenal comeback season averaging 26.9 points, 7 rebounds and 5.6 assists over 35 games played. He shot career-high percentages across the board. He made his tenth straight All-Star team and All-NBA Second Team.

He led the Nets to a 48-24 record and the second seed in the East. But the Nets fell to the Milwaukee Bucks in the Conference Semifinals after Durant's historic 49-point, triple-double performance forced Game 7 despite teaming up with Irving and James Harden.

Final Thoughts on Kevin Durant Journey and Wealth

Durant’s unmatched skills, work ethic and devotion to his craft have realized his hoop dreams and built his $200M fortune. His journey exemplifies perseverance through adversity. Durant strives for more achievement while giving back even with immense wealth and success. He is a once-in-a-generation talent and legend in the making.

FAQs

Q: How tall is Kevin Durant?

Durant is officially listed at 6’10” but is estimated around 7’0” with shoes.

Q: How many championships and Finals MVPs has Durant won?

Durant has won two NBA titles (2017, 2018) and was Finals MVP twice.

Q: What is Durant net worth in 2023?

Per multiple reports, Durant's net worth is estimated at approximately $200 million as of 2023.

Q: What are some of Durant hobbies and interests?

Some hobbies include video games, photography, eating crab, writing, acting and making people feel better.

Q: How many All-Star selections does Durant have?

Durant has been selected to 10 NBA All-Star games over his career so far.