It’s not insane to think that Kevin Love is one of the most underappreciated players in the NBA. Despite proving how valuable he is for the Cleveland Cavaliers (he was a crucial piece for the Cavs’ 2016 title-winning campaign), it seems that he is perpetually on the trading block.
Then again, it’s mostly out of necessity since the rebuilding Cavs are shifting to a youth movement and have an abundance of younger frontcourt players that they need to free up playing time for. Although an argument could be made that a veteran winner is exactly the tutelage that roster needs right now.
Nonetheless, despite the lack of loyalty, Love still remains to be one of the highest-earning big men in the NBA. So just how much is he worth? That is the very question we intend to delve into today.
Estimated net worth: $50 million
Celebrity net worth estimates Love’s net worth to be around $50 million as of 2020.
Love has been around for quite some time now, and as of writing, he is already in Year 12 of his NBA tenure. Throughout that time, the 6-foot-8 forward/center has amassed quite a fortune in basketball earnings alone. Let’s break it down.
The Minnesota Timberwolves drafted a 20-year-old Love out of UCLA as the fifth overall pick in the 2008 draft. As soon as he got on board, the Wolves signed him on a substantial rookie-scale deal, amounting to $6.6 million for two years. Minnesota then exercised their team option on Love over the next couple of years, which earned him another $4.1 million per year.
In his third season, Love’s star skyrocketed, after not only earning his first All-Star nod, but also, winning the Most Improved Player of the Year award. By that time, he was already averaging 20.2 points and a league-leading 15.2 rebounds per game.
By the time his rookie deal approached its conclusion, it was without question that Love was in for a huge extension. This came out to the tune of a whopping $60.8 million for the next four years. Finally, Love was getting paid the money he deserved.
A couple of years later, Love was involved in a blockbuster three-team deal that sent him to the Cleveland Cavaliers to form the Cavs big 3 with LeBron James and Kyrie Irving. He established himself as a pivotal piece in Cleveland’s title hopes, and he was handsomely rewarded with a huge extension in 2015. This locked him up with the Cavs for the next five years amounting to $113.2 million.
The Cavs memorably won the title in 2016, but it wasn’t long before the golden era came to an end. Irving left for the Boston Celtics the following year, and LeBron made a move to the Los Angeles Lakers the year after that. Cleveland was left with Love as their lone superstar, and by 2018, the front office decided to fully commit their future to him. They extended his deal once again for another four years for the sum of $120.4 million.
Love’s 2018 contract will end on 2023, and by then he would have already earned $266.7 million on NBA contracts. He will be 34 by then, so he should still be in store for at least one more deal.
Love currently has several endorsement deals, but it remains unclear just how much he is earning from the same on an annual basis. However, given how he has deals with Nike, State Farm, Upper Deck, Panini, Banana Republic, and Shock Doctor, it would be safe to say that this is another steady source of significant income for Love.