There’s no doubt that Kevin Garnett is indeed one of the best power forwards to ever play in the NBA. His career was one filled with plenty of successes and an NBA title as well. Garnett earned some well received massive contracts and Kevin Garnett's net worth in 2021 reflects that.
The Big Ticket was truly must-see TV back in his heyday and has earned every penny that came his way during his lucrative 21-year career.
Let's take a look at Kevin Garnett's net worth in 2021.
Kevin Garnett's net worth in 2021 (estimate): $120 million
According to celebritynetworth.com, KG has an estimated net worth of $120 million in 2021.
Kevin Garnett walked away from the game in 2016 and has since pivoted to some past television work with TNT and he was also a player consultant with the Los Angeles Clippers.
Most recently, Garnett was inducted into the Naismith Basketball Hall of Fame. It was a class that included the likes of Garnett, San Antonio Spurs legend Tim Duncan, and the late great Kobe Bryant. It's quite the group to head into the hall and one that Garnett certainly belonged with.
It's safe to say that Kevin Garnett doesn’t need to work a day for the rest of his life, as he is currently holding a net worth of $120 million in 2021, as mentioned. But the relaxed life is not one that Garnett has been accustomed to throughout his life.
The former NBA MVP is still way above everyone in terms of total career salary, collecting a whopping total of $334.3 million during his stints with the Minnesota Timberwolves, Boston Celtics, and Brooklyn Nets. Kevin Garnett earned $11 million more than the late Kobe Bryant who sits number two at the list.
KG entered the league out of high school in 1995 where he signed a rather modest 3-year, $5.4 million rookie contract. The Wolves immediately realized that he would be the team’s franchise player for years to come and locked him up to a staggering $126 million extension during the 1997-98 season.
Kevin Garnett’s star power was undeniable even in the latter stages of his career and teams had to pay top dollar to keep his services as he continued to produce on the court.
His highest-earning year came during his MVP season in 2004, where he cashed in $28 million from the Timberwolves. He continued to rake in the big bucks with the Celtics when they gifted Kevin Garnett a $51.3 million extension in 2007.
That was truly money well-spent for Boston, as Kevin Garnett led them to their 17th title in franchise history in 2008 alongside players like Paul Pierce, Rajon Rondo and Ray Allen.
Even in his final season in the league — which he spent by returning to Minneapolis — Kevin Garnett still received a cool $8 million in 2015-16. That's certainly a lot for an aging forward who played just under 15 minutes a game. He did help mentor Karl-Anthony Towns in his early years in Minnesota after Towns was selected No. 1 overall out of Kentucky.
Despite his popularity, Kevin Garnett’s no-nonsense persona probably scared off brands since he didn’t have as many endorsements compared to other superstars of his stature. Still, the 6-foot-11 forward was reportedly making at least $10 million annually from endorsements at the height of his powers in the mid-to-late 2000s.
Details of his contract with Adidas remain undisclosed, but he does have a lifetime deal with the sporting giant. Prior to that, he also made a lot of dough off of royalties from his successful shoe line with Nike.
Kevin Garnett has been smart with his business ventures since retirement but did run into some financial troubles back in 2018. The one-time NBA champion sued his financial advisor Charles A. Banks IV as well as Michael Wertheim and Welenken CPAs for fraud in 2018, after claims that $77 million was stolen from his accounts. That's not exactly a small amount to go missing.
KG has worked hard to keep his private life away from the public and doesn’t really flaunt his millionaire lifestyle. However, it is known that he owns a 7-acre property in Malibu, California.
While he continued to be involved with basketball through his own TNT segment Area 21, Garnett made the transition from superstar player to solid analyst off the court.
Judging by his commendable performance in the 2019 film Uncut Gems, it looks like more TV and movie work will be coming KG’s way in the near future. This, of course, comes with even more riches for the 15-time All-Star.
His career playing ball might be over, but expect's Garnett's net worth to continue rising in the coming years.
So, were you surprised by Kevin Garnett's net worth in 2021?
Follow Us
Subscribe