Kevin Durant Net Worth 2023: How Much Does He Earn?

Kevin Durant is a professional American basketball star playing in the National Basketball Association (NBA) for Phoenix Suns. He established his dominance and proved his talent in his early twenties.

The player who is 34 years old now is one of the richest basketball players around the globe with a net worth of 200 million US dollars. 

Here in this article, we are going to discuss the total worth of Kevin Durant, how he rose to prominence, and other facts related to him. Continue reading to get the details of everything that you want to know about Kevin Durant. 

Like the legendary sports players, Kevin Durant also has signed million-dollar deals with top-notch international brands and is endorsing many products. But before we proceed to find out all about Kevin Durant net worth let’s first get to know ‘who is Kevin Durant?’ and why he is celebrated.

Kevin Durant Career

Basketball was a part of Durant’s life as early as when he was thirteen. He was part of the school basketball team when he was in high school and also before that. After graduating high school he committed to the University of Texas at Austin.

He was drafted into NBA in the 2007 season in round one as the second overall pick. Kevin was selected by the Seattle-based American professional basketball team, Seattle SuperSonics. He achieved big in the season and was named the Rookie of the Year. 

In his career, he has played for professional teams such as Oklahoma City Thunder, Golden State Warriors, and Brooklyn Nets. Currently, he is a player for the Phoenix Suns. He has played in a total of three Olympic games and won gold medals in all three.

The games were the 2012 London Olympics, the 2016 Rio de Janeiro Olympics, and the 2020 Tokyo Olympics. In 2010, he was part of the men’s basketball tea that represented the United States in the World Championship also known as the World Cup and won a gold medal. 

So how does Kevin Durant make so much money, right? Read ahead to find out. 

Kevin Durant Net Worth Trend 

What follows is the net worth trend of Kevin Durant. His net worth in the 2015 – 2016 period and his net worth in the 2021 – 2022 period are shown.

You can go through it and analyze the growth that happened in his net worth. What you should keep in mind is the fact that the data given in the below table is solely based on his salary from the NBA.

Kevin Durant Net Worth Growth

Here you can find out the growth that happened in Kevin Durant’s net worth through the years. The first shown is the total amount that he owned as cash, in his bank account from 2018 to 2021. 

Now, what follows is the total amount of US dollars that he owned in his bank account, but from 2018 to 2022. That is one more year is added. You can see what one year did to his total net worth. 

Kevin Durant Salary

Let’s proceed to see how much money Kevin Durant makes a year.

Kevin Durant’s salary is approximately 42 million US dollars. This is his salary from NBA alone. However, NBA is not his sole source of income.

You did read that he makes around 26 million US dollars a year from Nike. So when this Nike profit is combined with his NBA salary it will make a digit of 68 million US dollars as his earnings. That is Kevin Durant’s annual income is this digit more than half of a .1 billion US dollars. 

In the seasons before 2015, Kevin Durant had a salary of 20,158,622 US dollars. In the 2015 – 2016 season, his salary almost doubled and became 40,918,900 US dollars. 

Kevin Durant Endorsements

Here is a list of the deals that Kevin Durant signed with different brands. 

1. Kevin Durant and Nike Contract

Durant signed a deal with Nike in 2014. At the time of signing the deal was for ten years. Therefore it is t be understood that the deal is going to end the next year, in 2024, if it does not get renewed. The total deal was estimated to be worth a total of 300 million US dollars. In addition, it also mentions a retirement package worth 50 million US dollars. 

Reports say that Kevin makes more than 26 million US dollars a year from the Nike deal. Nike is not the only company that Kevin has a deal with. Here is a list of other endorsements that he has signed.

Kevin Durant has deals with brands such as the American sports-themed beverages and food production brand Gatorade, and Degree. From all these dealing he makes more than 36 million US dollars a year.

He also has endorsements with Google, Alaska Air Group, the American telecommunications company Sprint, the American multinational conglomerate General Electric, American Family Insurance, BBVA, Skullcandy, NBA 2K, the Italian books, sticker, and trading cards manufacturer company Panini, Sparkling Ice, Beats by Dre, the American video game publisher 2K Sports, and Sonic Drive-in. 

Let’s look briefly into the significant endorsements among these.

2. Kevin Durant and Google

The player endorsed the tech giant by appearing in a commercial for it. It was back in 2014 and he starred alongside Chrissy Teigen, Sia, and John Legend. 

3. Kevin Durant and American Family Insurance

Kevin Durant is a brand ambassador for the American private mutual company American Family Insurance. He signed the deal in 2015. 

4. Kevin Durant and BBVA (Banco Bilbao Vizcaya Argentaria bank)

The Banco Bilbao Vizcaya Argentaria bank. More commonly referred to as the BBVA is the official bank of the NBA (National Football Association) from 2010 onwards. It was in 2013 that Kevin Durant was presented with a proposal to be its brand ambassador. He accepted it. 

5. Kevin Durant and Sparkling Ice

Durant’s association with the American water seller Sparkling Ice is more of a charity-based activity. The deal was made official in 2014. Two years later the brand launched a basketball court in Seattle under the banner of the charity foundation by Kevin Durant. It planned to bring more underprivileged youth towards basketball and the first step towards this was to unveil more basketball courts. 

6. Kevin Durant and Alaska Air Group

This is another deal that Kevin Durant has become a part of that intends to be a social welfare program. He signed the deal with the American airline holding company Alaska Air Group in 2017 and it aims to act in support of youth and education programs. The focus of the mission is the San Francisco Bay Area.

Kevin Durant Investments 

We know that Durant is a brilliant player, but what we don’t know is the fact that he is also a wise investor. He had made investments in 35 Ventures (35 V).

In fact, Thirty-Five Ventures is a venture capital firm that Kevin Durant founded with his friend, business partner, and his manager Rick Kleiman, an American entrepreneur. Kevin has investments in multiple other venture capital firms. 

The basketballer owns many small amounts of stakes in companies such as Postmates. Additionally, he has a stake in Acorns, the investment app.

Durant is a minority owner of the Major League Soccer (MLS) side Philadelphia Union, a Philadelphia-based professional American soccer team. He has acquired a five percent stake in it and has plans to add another five percent 

Kevin Durant Real Estate Investments

Durant has made many investments in real estate and a major of them happens to be housing properties. Let’s go through that. 

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Kevin Durant Residential Properties

He owns many homes in the U.S. 

• In 2013, Kevin had listed one of his residences for a sale of 1.95 million US dollars. The property was in an upper-class neighborhood for 1.95 million US dollars. 

• Durant had a home in Malibu, California. He bought it in 2018 for 12.05 million US dollars. In the following year made a sale of this beachfront home. First, in May 2019, it was listed for sale for 13.495 million US dollars. Later in June, it was sealed for sale for 12.15 million US dollars. The property was purchased by the man behind the CSI television franchise, Anthony Zuiker.

• He brought another home in California in 2021. The deal was 15.6 million US dollars and the location of the home was Hidden Hills. The player has brought more than one property in the Oklahoma City area. 

Kevin Durant Business Ventures

Kevin, the basketball star, owns a restaurant in the east of Oklahoma City downtown, Bricktown. It is named KD’s Southern Cuisine. ‘KD’ is his initial and he is popularly referred to by this acronym.

Durant has also served as a photographer for the sport’s new media platform The Players’ Tribune and as the NFL champion deciding the American Football game Super Bowl 50. 

Kevin Durant owns a media company that has production deals with giants such as Apple, Fox, Showtime, and ESPN. His multimedia company goes by the name Boardroom. The company has a partnership with Weedmaps, the cannabis tech company, and the latter is set to become the official sponsor of Boardroom. 

Active off the court too Kevin Durant’s philanthropy activities are well known. He runs an organization to initiate and carry out similar activities. It is the Kevin Durant Charity Foundation. In 2018, he was named one of the hundred people in the Time 100 Most Influential People of 2018 list. 

As of 2021, Kevin Durant is one of the brand ambassadors of Coinbase, an American cryptocurrency exchange platform working as a publicly traded company. 

The following year he agreed to become one of the investors in a professional pickleball team. It is an indoor cum outdoor played with rackets or paddles as 1 x 1 or 2 x 2, that is singles or doubles. He is investing via his VC firm 35V and his partner Rich Kleimna is also a part of the deal.

The big names who are also investors in the same project are former NFL (National Football League) player Tom Brady, another former NFL player Drew Christopher Brees, and the NBA king player LeBron James. 

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Kevin Durant Now

The super basketballer currently resides at his New York home. Kevin is rumored to be in a relationship with a realtor from California. She used to play volleyball in college and is now 32 years old.

If the gossips are true, Kevin Durant’s girlfriend is Cassandra Anderson. Although she is not the only lady that Kevin is rumored to be with, presently. There are also talks that he is dating the Instagram fitness model Lana Rhoades. 

Before that, Durant was engaged to Monica Wright, a WNBA personality.