What Is Kevin Garnett Net Worth? Kevin Maurice Garnett is a famous professional basketball player from the United States who began his career with the NBA’s Minnesota Timberwolves. Since 1975, he was the only player to be drafted straight out of high school. He spent the first 12 seasons of his basketball career with the Timberwolves, setting yet another record: the longest current tenure of any player in the NBA with a single team. He led the Timberwolves to eight consecutive playoff berths and the Western Conference Finals during his time with the team.
Garnett has been selected to 15 NBA All-Star Games, winning the All-Star MVP title in 2003, and is tied for the second-most All-Star appearances in NBA history. He has been named to the All-NBA Teams nine times and the All-Defensive Teams twelve times. Garnett presently boasts a number of Timberwolves franchise records that are unrivaled. He was moved to the Boston Celtics in a three-year $60 million contract extension deal after a long tenure with the franchise. He not only helped the franchise win its first NBA title since 1986, but he also finished third in the MVP voting. Kevin was dealt with the Brooklyn Nets in 2013.
Kevin Garnett Net Worth:
What Is Kevin Garnett Net Worth? Kevin Garnett, a retired professional basketball player from the United States, has a net worth of $120 million. Kevin Garnett earned $12 million in his final season in the NBA. He was also earning an extra $10 million per year from endorsements at the time. Kevin is the all-time highest-paid NBA player. He made $334.3 million in pay alone during his career. That’s $11 million more than Kobe Bryant, the team’s second-highest earner. Kevin’s highest salary in a single season was $28 million.
Kevin Garnett Real Estates:
Garnett paid $6.4 million for a property on the Pacific Coast Highway in the Los Angeles region in 2003. He intended to utilize the property as an off-season retreat where he could go for runs on the beach. In 2013, he began a series of repairs on the house before selling it for $19.9 million five years later.
The magnitude of these improvements was eventually exposed in court documents relating to a lawsuit. Garnett allegedly offered $695,000 for new doors and windows alone. He also planned to spend more than $300,000 on a new granite driveway, $300,000 on external stucco, and $30,000 on a pool house roof. He took the 8,156-square-foot home off the market almost immediately after listing it in 2018. Due to his substantial improvements, the square footage had grown to approximately 11,000 square feet by the time he listed it.
Kevin Garnett’s property in Concord, Massachusetts, was reported to have sold for $3.635 million in 2014. The ex-NBA player had paid $4.625 million for the home in 2007; thus, this was a significant loss for him. The house is situated on 12.7 acres of woodland land with a view of Howe’s Pond. A wine cellar, a proper gym, and a media room are among the features of this 11,000-square-foot home. Although he initially advertised the home for $4.85 million in 2013, he eventually accepted $851,000 in price reductions before selling it.
Kevin Garnett Career:
The Minnesota Timberwolves were where Garnett began his career. At the early age of 19 years and 11 months, he was the youngest NBA player in history, despite a poor start. He was offered a six-year contract extension worth $126 million in 1997. Between 2001 and 2004, Garnett was named MVP, and the Minnesota Timberwolves won their division.
Despite his high level of play, Kevin’s squad surrounding him failed over the next few years, which was distressing for him. As a result of this, he was moved to the Boston Celtics in 2007. Garnett led the Celtics to an NBA Championship in his debut season after signing a three-year, $60 million contract. In 2013, he was moved to the Brooklyn Nets for a second time, where he spent two years before completing his career with a final season in Minnesota.
Kevin Garnett Post Playing Career:
After retiring from basketball, Garnett pursued a career in entertainment, making appearances on shows such as “Inside the NBA.” In 2019, he starred in the film “Uncut Gems.” He joined the Los Angeles Clippers as a consultant in 2017. During this time, Kevin also worked as a consultant with the Milwaukee Bucks.
Kevin Garnett pursued a number of business projects after retiring from professional basketball, most of which involved sports franchise ownership. He became a minority shareholder in A.S. Roma, an Italian Serie A soccer team, in 2011. Garnett was rumored to be interested in becoming the Timberwolves’ new owner in 2020. He acknowledged being a member of a group attempting to purchase the franchise from Glen Taylor.