Kevin Garnett Net Worth

Kevin Garnett net worth. He was born on May 19, 1976. He was a former professional basketball player who played in the National Basketball Association (NBA) for 21 seasons, notably with the Minnesota Timberwolves. Garnett …

kevin garnett net worth

Kevin Garnett net worth. He was born on May 19, 1976. He was a former professional basketball player who played in the National Basketball Association (NBA) for 21 seasons, notably with the Minnesota Timberwolves. Garnett is considered one of the greatest power forwards in NBA history for his intensity, defensive capability, and versatility.

Garnett was a member of the Celtics, Nets, and Timberwolves at various points in his career. He has played for the Boston Celtics and Brooklyn Nets in addition to Minnesota. In the NBA draft in 1995, he was chosen by the Minnesota Timberwolves with the fifth overall pick. He became only the fourth high-schooler to be selected straight into the NBA since 1994. In September 2016, Garnett announced his retirement from professional basketball after 20 years in the league.

What Is The Kevin Garnett’s Net Worth And Salary?

Kevin garnett’s net worth

Garnett, whose real name is Kevin Maurice Garnett, is a retired American professional basketball player with an estimated net worth of $120 million. Garnet earned the nickname “The Big Ticket,” “KG,” “The Kid,” and “The Franchise” during his playing career. Garnett was selected in the first round of the 1995 NBA draft out of high school, and he immediately established himself as one of the game’s greatest power forwards. He is perhaps most recognized for playing with the Minnesota Timberwolves, even if he played with the Brooklyn Nets and Boston Celtics before retiring after 21 seasons.

Early Life

On May 19th, 1976, Kevin Garnett was born in Greenville, South Carolina. Garnett grew enamored with basketball at a young age, and he had two siblings to play with. For the first time during his senior year, he played on an organized team. He was arrested before graduation for second-degree lynching as a result of a conflict between black and white students; however, he was not involved.

Kevin transferred to another high school, where he performed exceptionally well on the basketball team and caught the attention of NBA scouts. He did not perform well on the ACT at the conclusion of the year, making it difficult for him to enroll in college. However, he performed admirably on the SAT. Kevin impressed NBA agents at a tryout camp and was selected by them for the 1995 NBA Draft after attending.

Kevin Garnett’s Salary

For his final NBA season, Kevin Garnett was paid $12 million. At one time, Garnett was the highest-paid NBA player in history. During his career, he made $334.3 million in salary alone. His most lucrative single-season wage was $28 million.

Kevin Garnett’s Endorsements

Kevin Garnett became the first All-Star player to sign a multi-million dollar endorsement deal with Chinese sportswear brand Anta in 2010. He was making $2 million per year for Adidas before that. After high school, Garnett collaborated with Nike and departed after five years for AND one before returning to Adidas. In 1998, he debuted the Air Garnett 1 at the All-Star Game, becoming just the tenth Nike player to have his own shoe. His most famous pair is the Air Garnett 3.

Kevin Garnett’s Investments

After retiring from professional basketball, Kevin Garnett, known as “The Big Ticket,” embarked on a number of business projects – mostly in the area of sports team ownership. He became a limited partner in 2013 for A.S. Roma, an Italian Serie A soccer club. In 2020, according to a report, Kevin Garnett was attempting to buy his former franchise, the Minnesota Timberwolves, which are currently for sale. According to a report in 2020, Garnett is expected to put at least $ 20 million into a group that includes several billionaires.

Kevin Garnett’s Other Sources Of Income

He has an estimated net worth of several million dollars. He also makes money off of his endorsements and investments. While he was still working in the NBA, he appeared on Inside the NBA and Uncut Gems, which were both 2019 films. In addition to TNT’s Inside the NBA, he worked on the crew for the show.

Kevin Garnett’s Charity Work

In a partnership with Devean George and longtime Carolina Panthers defensive end Charles Johnson, former NBA All-Star Kevin Garnett and his business partner Devean George formed CGG (Charles, Garnett, and George), which helped construct low-cost housing all around the country. Each structure has at least 100 to 150 units. During his 21-year career in the league, Kevin Garnett established the Kevin Garnett Foundation. Garnett has established a new bar for charity work with his $2 million contributions to the Oprah Winfrey’s Angel Network. His gift enabled the construction of 24 houses over the next two years. He also took part in a charity basketball game that helped Katrina victims and donated around $100,000 to the tsunami relief effort in Malaysia.

Kevin Garnett’s House And Car

In 2003, the Minnesota Timberwolves traded for Garnett and his family paid $6.4 million for a Malibu mansion. The 11,000-square-foot 6-bedroom villa estate is made up of three parcels and covers seven acres off the Pacific Coast Highway, with spectacular ocean views from a hillside lot. A guarded driveway enters a motor court at the front portion of the property, followed by an extensive lawn with a swimming spa and pool. Garnett lost a lot of money due to poor investments that were left alone. He actually lost $77 million. Garnett had to let go of a few things in his life when he lost so much money because he could not afford them anymore.

His mansion in Malibu was the first to be sold. Garnett’s 7-acre property in Malibu cost him a considerable amount of money in upkeep. However, the residence has been halfway finished for many years and has also required a significant investment in renovations. Despite his $20 million asking prices, he ultimately sold it for $16 million.

For $8.5 million, Garnett sold his 11,000-square-foot Massachusetts mansion in July 2017. The house measures 11,000 square feet, with extremely high ceilings in the living area, which is essential for Garnett’s 6-foot-11-inch stature. There are five bedrooms and six bathrooms on the property, as well as a wine cellar, media room, and of course a “gym fit for a champion.” Light-filled home with views of the wooded land surrounding it is created by an open floor plan with large floor-to-ceiling windows. In 2007, he paid nearly $6 million for a house in Minnesota. He previously owned a Ferrari that was customized to fit his 6’11” frame.

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