Kyrie Irving Net Worth
[Kyrie Irving Net Worth (Credits: CNN)]

With his slick handles and clutch shot-making, Kyrie Irving has become one of the NBA's most talented and popular superstars. He's won championships, All-Star nods and Olympic gold. Off court, he's built impressive wealth through lucrative contracts and endorsements while also giving back generously. Let's explore Kyrie Irving's estimated $90 million net worth in 2023 - how he's earned it and how he invests and donates it.

Before going into details, let's have a look at basic information regarding him.

Category

Value

Net Worth

$90 million

Salary

$37 million

Date of Birth

March 23, 1992

Place of Birth

Melbourne, Australia

Gender

Male

Height

6 ft 2 in (1.88 m)

Profession

Basketball player

Nationality

American

| Also Read: Lebron James' Wealth

What is Kyrie Irving's Net Worth? 

Kyrie Irving's estimated net worth is around $90 million as of 2023, per reports. He's accumulated this wealth through his NBA contracts, endorsements and investments. He's currently one of the league's highest-paid players, earning $37 million this season. In 2023, he also signed a 4-year, $120 million deal with the Dallas Mavericks. His Nike deal and other endorsements also pay him over $15 million annually. Irving also has stakes in several businesses, consulting firms, media ventures and a film project.

Annual Income 

Irving's annual income includes his NBA salary plus endorsement earnings. Per Forbes, he made $44 million in 2021 - $27 million from salary and $17 million from endorsements. In 2020, he ranked 22nd among the world's highest-paid athletes.

Career Earnings 

Irving has earned over $233 million in salary during his NBA career thus far. Drafted 1st overall by Cleveland in 2011, he signed a 4-year, $23 million rookie deal. In 2014, he extended with Cleveland for 5 years, $94 million. After a trade to Boston in 2017, he signed a 4-year, $136 million contract in 2019. He then joined Brooklyn in 2019 on a 4-year, $141 million deal before inking his current $120 million contract with Dallas in 2023.

Season

Team

Salary

2011-12

Cleveland Cavaliers

$4.14 million

2012-13

Cleveland Cavaliers

$5.38 million

2013-14

Cleveland Cavaliers

$5.61 million

2014-15

Cleveland Cavaliers

$7.07 million

2015-16

Cleveland Cavaliers

$16.41 million

2016-17

Cleveland Cavaliers

$17.64 million

2017-18

Boston Celtics

$18.87 million

2018-19

Boston Celtics

$20.10 million

2019-20

Brooklyn Nets

$29.76 million

2020-21

Brooklyn Nets

$33.72 million

2021-22

Dallas Mavericks

$35.33 million

Total

$233.05 million

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Endorsement Deals 

Irving also earns big through his endorsement deals with Nike, Pepsi, Skullcandy, 2K Sports and more.

1 - Nike

His most lucrative agreement is with Nike garnering around $11 million annually while also granting him his own signature shoe line. Since their 2014 introduction, Kyrie's Nike shoes have emerged among the top-selling in the NBA generating over $2 billion in revenue for the company so far.

2 - Pepsi 

Irving also has partnerships with Pepsi starring as the aging Uncle Drew character across a series of commercials and a movie.

3 - Skullcandy & 2K Sports 

Irving endorses Skullcandy headphones and speakers, 2K Sports and appeared on NBA 2K18 cover.

4 - Panini & General Mills 

He also endorses Panini creating trading cards and stickers and General Mills alongside Aleve. Both sponsored his Uncle Drew film.

5 - 11:11 Media 

Irving possesses his own media firm 11:11 Media producing content across various platforms. He also retains stakes in several enterprises like KAI 11 Consulting, PlayersTV and After Earth.

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Investments 

Kyrie Irving has invested portions of his wealth across an array of assets and ventures. 

1 - Real Estate 

He owns a $4.5 million abode in Westlake, Ohio which was purchased in 2014 during his Cavaliers stint. Also, a $3.8 million Boston penthouse acquired in 2017 amid his Celtics tenure. Plus, a $8.6 million New Jersey home bought in 2019 while with the Nets.

2 - Business and Crypto 

Irving has also invested in stocks, cryptocurrency and art. His stock portfolio consists of shares in Apple, Amazon, Tesla, Netflix and Disney. He also possesses Bitcoin and Ethereum, two of the most popular cryptocurrencies. 

3 - Art 

His art collection encompasses paintings and sculptures from artists like Kehinde Wiley, KAWS and Takashi Murakami.

Kyrie Irving's Philanthropic Work 

Kyrie Irving is also a generous philanthropist beyond his basketball stardom and business savvy. He has donated millions to various causes and communities, supporting education, health, social justice, environmental sustainability and cultural diversity through his foundation and personal initiatives.

1 - Kyrie Andrew Irving Foundation 

Established in 2011, the Kyrie Andrew Irving Foundation aims to empower children globally through education, sports, arts and mentorship. The foundation has collaborated with several organizations to provide scholarships, school supplies, backpacks, uniforms, shoes, books, computers and other resources to underprivileged students domestically and abroad. It has also sponsored basketball camps, clinics, tournaments and courts for aspiring young players.

2 - Personal Initiatives 

Irving has also personally spearheaded initiatives supporting causes and communities close to his heart. He has utilized his platform and influence to raise awareness and funds for issues he cares about.

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Kyrie Irving's Journey to Stardom 

Irving took an inspiring path from prodigy to NBA superstar.

Early Life & High School 

Kyrie Irving entered the world on March 23, 1992 in Melbourne, Australia, born to American expatriate parents. His father Drederick played professional basketball for the Bulleen Boomers, moving the family there. His mother Elizabeth was an accomplished volleyball athlete at Boston University. Kyrie has two older sisters, Asia and London.

  • Childhood in New Jersey

When Kyrie was two, his family returned to the US upon his father's retirement from basketball, settling in West Orange, New Jersey. Kyrie grew up idolizing his father, who coached him and ingrained the fundamentals. He also bonded deeply with his mother, who encouraged pursuing his dreams.

  • High School Years and Basketball Prowess

Attending private Montclair Kimberley Academy, Kyrie played basketball and soccer. As a junior, he averaged 26.5 points, 10.3 assists, 4.8 rebounds and 3.6 steals, leading his team to its first 2009 state title. He also won numerous honors which includes New Jersey Player of the Year and Gatorade State Player of the Year.

  • Transition to St. Patrick High School

For his senior year, Kyrie transferred to famed basketball powerhouse St. Patrick High School. He averaged 24.5 points, 5 rebounds and 7 assists, guiding his team to a 24-3 record and No. 4 national ranking. He also participated in prestigious events like the McDonald's All-American Game, Jordan Brand Classic and Nike Hoop Summit.

  • National Recognition and College Decision

In 2010, ESPN ranked Kyrie the No. 1 point guard and No. 4 overall recruit nationally. He fielded over 20 scholarship offers from top colleges but chose to attend Duke University under coach Mike Krzyzewski.

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College and NBA Career 

  • College Year at Duke

At Duke in 2010-11, Kyrie Irving played one season, averaging 17.5 points, 3.4 rebounds, 4.3 assists and 1.5 steals over 11 games before a toe injury sidelined him for most of the year. He returned for the NCAA tournament, helping Duke reach the Sweet Sixteen before entering the NBA draft as a projected top pick.

  • NBA Debut and Rookie of the Year

Selected first overall in the 2011 draft by the Cleveland Cavaliers, Irving signed a four-year rookie contract worth $23 million and immediately impacted the league. During his debut season, he averaged 18.5 points, 3.7 rebounds, 5.4 assists and 1.1 steals per game, winning Rookie of the Year.

  • Continued Improvement

Irving continued improving in his second campaign, posting 22.5 points, 3.7 rebounds, 5.9 assists and 1.5 steals per game. Making his first 2013 All-Star appearance, he also won the Three-Point Contest.

His third season saw another stellar showing, averaging 20.8 points, 3.6 rebounds, 6.1 assists and 1.5 steals per game while earning his second All-Star nod. Against the Knicks at Madison Square Garden, he notched a career-high 41 points.

  • Championship Run with the Cavaliers

Irving's fourth year marked a turning point, partnering with LeBron James and Kevin Love into a formidable Cleveland trio. Averaging 21.7 points, 3.2 rebounds, 5.2 assists and 1.5 steals per game, he helped the Cavaliers reach their first Finals since 2007. But a Game 1 knee injury against the Warriors sidelined him for the series' remainder as the Cavaliers lost in six games.

Rebounding in his fifth season from injury, Irving averaged 19.6 points, 3 rebounds, 4.7 assists and 1.1 steals per game while playing a crucial role in the Cavaliers’ historic 3-1 Finals deficit comeback to capture their first franchise championship. His iconic three-pointer over Stephen Curry with 53 seconds left in Game 7 gave the Cavaliers a four-point lead they never relinquished.

Posting career-highs of 25.2 points, 3.2 rebounds, 5.8 assists and 1.2 steals per game, Irving's sixth season saw statistical peaks. Making his fourth All-Star appearance, he scored a career-high 57 points on the Spurs. He also became the youngest player to join the 50-40-90 club, shooting over 50% from the field, 40% on threes and 90% from the line. Irving spearheaded another Finals run against Golden State but they lost in five games.

  • Cleveland to Boston

Shocking the basketball world in his seventh season, Irving requested a trade from Cleveland in July 2017, seeking to escape LeBron's shadow and lead his own team. He was dealt to the Celtics for Isaiah Thomas, Jae Crowder, Ante Zizic and two draft picks, signing a four-year, $136 million extension.

  • Boston Celtics Era

In his debut Boston season, Irving averaged 24.4 points, 3.8 rebounds, 5.1 assists and 1.1 steals, helping the injury-plagued Celtics reach the Conference Finals. He missed the regular season's final month and the entire playoffs following knee surgery to remove two patella screws.

Healthy for his second Celtic campaign, Irving averaged 23.8 points, 5 rebounds, 6.9 assists and 1.5 steals per game, making his fifth All-Star appearance and scoring a season-high 43 points against Toronto. He led the Celtics back to the Conference Finals against Milwaukee, losing in five games.

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Brooklyn Nets Superstardom 

Entering free agency in his ninth season, Irving opted to leave Boston joining friend Kevin Durant on the Brooklyn Nets in July 2019. Signing a four-year, $141 million Nets deal, he averaged 27.4 points, 5.2 rebounds, 6.4 assists and 1.4 steals in his first season scoring a career-high 54 points on Chicago. He became the second player ever making his sixth All-Star appearance to average at least 25 points and 5 assists on 50-40-90 shooting after Larry Bird.

Injuries and personal issues limited Irving to 18 missed games in his second Nets season. He averaged 26.9 points, 4.8 rebounds, 6 assists and 1.4 steals helping Brooklyn secure the East second seed. Irving became the ninth player ever to join the 50-40-90 club twice with his seventh All-Star selection.

  • Career Highs and Controversies

Irving's third Nets season was a rollercoaster. He posted new personal bests of 28.6 points, 5 rebounds, 7 assists and 1.5 steals per game while teaming with Durant and new acquisition James Harden. He made his eighth All-Star appearance and scored a season-high 45 points on Detroit. He also became the first player ever to shoot over 50% overall, 40% on threes and 90% from the line while averaging at least 25 points for three straight seasons.

But Irving also faced controversies, missing seven January games for undisclosed personal reasons. He was fined $50K for attending a maskless family birthday party in violation of protocols. He also drew criticism for skipping postgame interviews and making controversial social media posts.

Irving spearheaded Brooklyn's first Finals trip since 2003 against LeBron's Lakers. The thrilling seven-game series featured several Irving clutch moments which included a Game 5 buzzer-beater and Game 7 triple-double. But an ankle sprain in Game 6 hindered him in Game 7 as the Nets narrowly lost.

  • Vaccine Mandate and Career Turning Point

Irving's tenth Nets season represented a career turning point refusing to comply with the NBA vaccine mandate for players. He cited pro-choice beliefs rather than anti-vaccine views aiming to advocate for those feeling oppressed or marginalized by the mandate.

This decision prompted immense pressure and scrutiny from all sides resulting in Irving ban from team activities until vaccinated or exempted. He was also fined over $380K per missed game for his unvaccinated status. Many labeled him as selfish, irresponsible, ignorant and disruptive.

But Irving stayed resolute by using his position to raise awareness and funds for causes and communities he cared about while staying diligent in his training.

In January 2022, New York City lifted indoor vaccine requirements as COVID-19 cases and hospitalizations declined enabling Irving to rejoin the Nets unvaccinated. He resumed his role as their star player after signing a three-year $120 million extension.

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Final Takeaway 

Kyrie Irving represents a phenomenon both on and off the hardwood. He stands among the NBA's richest players under 30 - wealth amassed via his impressive playing career, lucrative sponsorships and savvy investments with an estimated 2023 net worth around $90 million.

Irving is a generous philanthropist beyond basketball supporting impactful causes and communities worldwide through his foundation and personal initiatives aimed at empowering others through education, health, social justice, sustainability and diversity.

Business acumen and altruism, Kyrie Irving's journey represents one of sport's most remarkable tales from his childhood in Australia to the pinnacles of basketball success. He embodies a role model for millions who admire his skills, passion and character. Irving has truly emerged as a transcendent force in basketball and beyond.

FAQs 

Q: How does Kyrie make money?

Through NBA salary, endorsements, investments and business ventures.

Q: How much money is Kyrie Irving worth?

Around $90 million as of 2023.

Q: How much does Kyrie make a year from Nike?

Roughly $11 million per year.

Q: What causes does Kyrie Irving support?

Education, COVID relief, social justice, Native American rights, health, youth empowerment and more.

Q: What are some of Kyrie Irving's interests?

Music, art, movies, books, travel, culture and spirituality.