Kevin Garnett Net Worth 2024

Born on May 19, 1976, in Greenville, South Carolina, Kevin Maurice Garnett is a former American professional basketball player. His professional NBA career stretched to 21 years (1995-2016) with four NBA franchise teams. He played power forward on the court and is considered one of the greatest power forwards of all time. As of 2020, Garnett is also one of the 5 NBA players who gained both awards – NBA Most Valuable Player and NBA Defensive Player of the Year.

He played high school (Mauldin High School) basketball before entering the NBA league in 1995. The Minnesota Timberwolves selected Kevin with the 5th overall pick in the 1995 NBA draft. Kevin Garnett is also an NBA champion (2008) with the Boston Celtics.

How Much is Kevin Garnett Net Worth in 2024?

As of 2024, the net worth of Kevin Garnett is estimated to be $130 million. The star basketball player earned his fortune from his professional career, endorsements, and other businesses.

Kevin Garnett is a famous personality in the world of basketball. The former player showed his prowess and dexterity on the basketball court to be one of the highest-paid athletes in sports. He played in the NBA from 1995 to 2016 for different teams. The power forward made US$28 million in his single highest-paid season. Kevin inaugurated his career with the Minnesota Timberwolves in 1995 and continued to come under professional contracts with other franchises over time. Garnett is also famously known as ‘KG’, ‘Big Ticket’, and ‘The Franchise’.

Kevin Garnett Salary

Kevin Garnett’s salary in his final NBA season was 12 million USD. Additionally, he was also making a handsome fortune through brand endorsements at that time.

Kevin Garnett retired from professional basketball after playing 21 seasons in the National Basketball Association. He was a one-time NBA champion and one-time MVP on his retirement. Also, Kevin was the highest-paid NBA player in history. Currently, he is 2nd only to LeBron James. In terms of NBA contract salaries, Garnett was once the highest-paid athlete of all time. If we talk about his whole career salary, Kevin Garnett accumulated US$334.3 million as a salary alone. Garnett also earned US$28 million in his single highest-paid season. The salary of Kevin Garnett in 2020, 2021, and 2022 is US$100 million, US$115 million, and US$22 million, respectively.

Kevin Garnett Endorsements

In addition to his professional NBA career, Kevin also has endorsement deals with several globally reputed brands. He actively endorsed brands such as Adidas, Nike, AND1, etc. In 2003, Garnett signed a lifetime deal with Adidas. However, the terms of the deal were not disclosed at the time. sources were referring to this deal as a lifetime deal. It generally means ten years or more. Meanwhile, Garnett came under a deal with the sportswear brand Nike to promote its products. Similarly, he was also a promoter of AND1 shoes at a time when he was playing for the Timberwolves.

Needless to say, Kevin Garnett was a notable basketball player during his stint in the National Basketball Association league. He underwent a successful career in the NBA with many franchises that led him to massive fortune and prestige in the sports world.

Kevin Garnett Investments

One of the successful NBA stars Kevin Garnett also possesses good business skills and makes frequent investments. He is well-known for investing in new startups, luxury properties, and other ventures. Hence, Garnett has earned a substantial amount of wealth throughout his professional NBA career. The Big Ticket is involved in a range of business activities. He owns some sports teams and also looks forward to investing in profitable business prospects. Earlier, Kevin’s group was also in the news when they desired to buy the Timberwolves with an investment of up to US$200 million.

After getting prestige in the world of basketball, Garnett proceeded to earn a fortune from endorsements and investments in different sectors. He bought several properties and mansions in various cities. The 47-year-old athlete signed million-dollar contracts with his NBA teams. He also agreed to contract extensions with the Timberwolves and other franchises.

Kevin Garnett Other Sources of Income

The star power forward player of the NBA has multiple wealth-generating channels and mediums. It is all due to his scintillating success on the basketball court. In addition to producing impressive figures of wealth from the game and endorsements, Garnett also created money from real estate. He likes to invest in the real estate segment and continues to make wealth after his retirement from his professional basketball career.

Kevin Garnett purchased a property in 2003 for USD 6.4 million. It is located on the Pacific Coast Highway in Los Angeles. Initially, Garnett decided to use this property during his off-season for enjoyment and fun. However, he conducted several renovations on this property in 2013 and listed it for sale at USD 19.9 million after five years in 2018.

Later, court documents disclosed the extent of these renovations. Then, Kevin was allegedly desiring to pay 695,000 USD for new windows and doors. Additionally, she came to spend more than US$300,000 to construct a new granite driveway, US$300,000 on exterior stucco, and US$30,000 for a pool house roof. All these renovations extended the total area from 8156 feet to over 11,000 feet. This led him to remove the property from the listing.

For his other property based in Concord, Massachusetts, he made a deal in 2014 and sold it for USD 3.63 million. It was a loss for the pro basketball player since he originally bought this property for USD 4.62 million in 2007. It spanned 12.7 acres of forested land. It includes a media room, a wine cellar, a gym, and many other provisions. Garnett listed this property back in 2013 for US$4.85 million.

Kevin Garnett House

Kevin Garnett’s new house is located in Long Lake, Minnesota, US. It is a mansion measuring 16,010 square feet in area that the basketball star bought in February 2017 for USD 6.1 million. Garnett owns many other properties in the real estate sector. He lists these properties against a definite profit to earn a corpus for further investments.

Kevin Garnett Car

Kevin Garnett entered the National Basketball Association in 1995. The Minnesota Timberwolves selected Garnett in the 1995 NBA draft with the fifth overall pick. With this, he became the first player in 20 years to be selected for the NBA directly after high school. Apart from his passion for the game, Kevin also has exhibited his interest in luxury cars on several occasions. We have seen him driving luxury four-wheelers and he also admitted this in an interview. He mentioned in his interaction with Haute Living that he has a Porsche, Range Rover, Bentley, etc. among other luxury cars.

Kevin Garnett Charity Work

Kevin Garnett is also generous-hearted and kind. He has an empire of millions of dollars that he has established through his professional NBA career. He earned an additional fortune by endorsing brands and making investments in the real estate industry. Meanwhile, Garnett is also involved in some philanthropic works. He formed a foundation named CGG by collaborating with Denver George and Charles Johnson. The main motive of this foundation is to build affordable houses throughout the country. Each building is likely to consist of 100 top 150 units.

Additionally, Garnett donated USD 1.2 million to Oprah Winfrey’s Angel Network. This donation was helpful to construct 24 houses in the span of two years. He started the Kevin Garnett Foundation during his playing time in the NBA. Garnett also played in a charity-driven basketball game to benefit Katrina victims. Kevin donated USD 100,000 separately to support tsunami relief efforts in Malaysia.