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Kevin Durant Networth

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Facts of Kevin Durant

Full NameKevin Durant
First NameKevin
Last NameDurant
ProfessionBasketball player
NationalityAmerican
EthnicityWhite
Birth CitySuitland, Suitland-Silver Hill, Maryland
Birth CountryUnited States
Gender IdentityMale
Sexual OrientationStraight
HoroscopeLibra
EducationThe University of Texas at Austin
Height206 cm
Weight109 kg
Date of BirthSeptember 29,1988
Age31 years
Networth
Year2019
Amount$170 million
Currencyusd

How Much Is Kevin Durant’s Net Worth?

Kevin Durant, one of the prominent NBA figures is the 2 times NBA Champion and 10 times NBA All-Star. Professional since 2007, Durant has played for the NBA teams like Seattle SuperSonics, Oklahoma City Thunder and Golden State Warriors with a total of 12 seasons.

The alumni of the University of Texas, Durant’s incredible gameplay, not only became the attraction to massive fame but also to showering fortune. Currently, Kevin has an estimated net worth of $170 million, all thanks to his whopping million dollars contract and endorsement deals. As of 2019, he is one of the richest of athletes

Well, the 2014 NBA Most Valuable Player plays for Golden State Warriors on a 2-year deal signed in 2018, earnings around $30 million as an annual salary. Get details on his other contracts, salary, asset, lifestyle and many more.

Kevin Durant’s Net Worth: Income Sources & Earnings  

With over a decade of professional experience in the NBA, Durant has made himself an open market of millions of dollars contract-investment. Starting his career as the 2007 NBA draft by the Seattle SuperSonics, the NBA star rose to fame after playing for Oklahoma City Thunder (2006-2018) and then with Golden State Warriors (2016- Present).

As reported, Kevin has played 12 NBA seasons and has already summed up the total career earnings of $187.183 million.

Besides his basketball career, the multi-millionaire also aids earnings via his off-court revenue, i.e. endorsements and business investments.

According to Celebrity Net Worth and The Richest, Kevin Durant owns the net worth of $170 million as of May 2019.

Golden State Warriors' small forward Kevin Durant owns $170 million net worth
Golden State Warriors' small forward Kevin Durant owns $170 million net worth

 

Online sources report that Durant made the earnings of $65 million in 2018 season from endorsement and salary; the lone $32 million is from endorsements only.

Well, after signing a 2-year contract valued at $61.5 million in the early 2018 season, the NBA star currently is playing for Golden State Warriors.

Though, many NBA teams are seeking the eye on Kevin, surely amassing him massive deals if he opts out with Warriors.

Did you know? As per Forbes, Durant ranked #43 in Celebrity 100 of 2018, and #11 in The World’s Highest-Paid Athletes 2018.

Contracts Penned & Salary

Improving gameplay and impressive skills are surely the magnet to massive offers, so became the case for the 2 times USA Basketball Male Athlete of the Year, Kevin Durant.

In his successful career journey, the American basketball player has inked many lucrative deals, among which, the richest one was the 2-year contract worth $61 million of the 2018 season.

Well, the contract came up as a result of Kevin’s declination of $26.5 million option for 2018 season, on April 11, 2018. Similarly, back on June 19, 2017, he had refused for an option of $27.73 million for 2017-18.

Kevin Durant’s Contracts:

DateTeamContractValue
July 2, 2007Seattle SuperSonics2-year deal$8.65 million
October 16, 2008

 

Oklahoma City Thunder

Option for 2009-2010$4.8 million
October 23, 2009Option for 2010-2011$6 million
July 7, 20105 years contract$89 million
July 4, 2016

 

Golden State Warriors

Deal of 2 years$54.3 million
July 6, 20172-year contract$54.25 million
July 7, 20182-year contract$61.5 million

As per Spotrac, Kevin earned the salary of $30 million in 2018, his ever career highest till May 2019.

Check out Durant’s salary earnings per year:

YearTeamSalary
2007Seattle SuperSonics$4.171 million
2008

 

 

 

 

Oklahoma City Thunder

$4.484 million
2009$4.796 million
2010$6.053 million
2011$12.48 million
2012$16.66 million
2013$17.832 million
2014$18.995 million
2015$20.158 million
2016

 

Golden State Warriors

$26.54 million
2017$25 million
2018$30 million

Total Earnings: $187.183 million

Other Source Of Income: Endorsement & Business

Kevin Durant has endorsement deals with many famous brands like Panini, Beats Electronics, Google, Alaska Air Group, Nike, earning him around $32 million off-court per year. Among them, the NBA star’s deal with Nike proved to be the pool of dollars.

Back in July 2007, Durant signed a 7-year deal worth $60 million with Nike including a provision of $10 million signing bonus. Sources reported that the basketballer had turned down the $70 million deal with Adidas to nourish his relationship with Nike.

Then, after his contract expired in 2014, a bidding war between Nike and Under Armour went on, until it was concluded by Kevin’s Tweet to go with Nike. Later in January 2016, Kevin Durant inked a 10-year contract worth $285 million with Nike.

Kevin Durant signed a $285 million deal for 10 years with Nike in 2018
Kevin Durant signed a $285 million deal for 10 years with Nike in 2018

Online sources report that the contract for a decade has the potential to reach $300 million and a $50 million retirement package.

Here is the list of Durant’ earnings from endorsement:

  1. Earnings in 2013- $14 million
  2. Earnings in 2014- $14 million
  3. Earnings in 2018- $32 million

Business Venture

Well, the arm to the massive multi-million shower of Kevin Durant is also credited to his Durant Company, launched in 2016 with business partner Rich Kleiman.

Starting up with an early principal of $250,000 to $1 million, the company has investments in 30 companies such as Rubrik, drink company WTRMLN WTR, bike-sharing company LimeBike, delivery company Postmates and many others.

Investments of Kevin Durant’s Company:

  • November 2017- $73.3 million (in Series C - Suzy, Series A - Brat, Series B - Lime, Seed Round)
  • August 2018- $100.4 million (in Series A - Mars Reel, Series A - Grove, Series A - Ethos, Seed Round - Hugging Face, Series A - Dreams, Series B - Thrive Global)
  • September 2018- $41.7 million (Seed Round - Dutchie, Series C - WHOOP and Series A -Yoshi)

Lifestyle, Assets & Expenses

Surely owning a whopping $170 million net worth, Kevin Durant does live a lavish lifestyle and making massive expenses on daily life luxury.

Durant seems to be fond of investing in houses, owns many properties Oklahoma City and often is the highlight maker regarding his asset’s trade. Well, in April 2019, the Golden State Warriors player listed his Malibu, California, for an asking price of $13.495 million.

He had bought the property back in 2018 for $12.05 million. Built in 1976, the mansion speared on 5,136-square ft oceanside area features 4 bedrooms and 6 bathrooms.

Kevin Durant's Malibu house bought for $12.5 million
Kevin Durant's Malibu house bought for $12.5 million

Purchase & sales record of his other houses:

  1. Purchased Oklahoma City home at Club Villa (2011)- $1.79 million (Sold for $1.95 million in October 2013)
  2. Bought 2 townhouses in The Hill At Bricktown, OKC (2013)- $1.769 million (Listed in the market for $1.5 million in 2016)
  3. Purchase value of two townhomes in Deep Deuce (July 2013)- $2.1 million

Apart from this, Kevin Durant’s other asset’s includes his luxurious car collection. Sources report that his cars make a worth of over $1 million.

List of his cars:

  • Mercedes-Benz SLS AMG ($250,000)
  • Mercedes Maybach ($200,000)
  • GMC Van (customized)- $150,000
  • Ferrari California- $250,000
  • Jeep Wrangler - $70,000
  • Chevrolet Camaro SS (customized)- $50,000

Did you know? In June 2018, Kevin Durant’s partnership with Alaska Airlines got his 560 square foot decal (his printed pattern) on the side of a plane.

Kevin Durant's decal in Alaska Airlines
Kevin Durant's decal in Alaska Airlines

Well, Durant, fond of traveling makes his flight in his private jet Cessna Citation Excel, with a base price of $13 million.

Tax & Insurance Cost

Even if the exact tax payment or insurance of Kevin is not out, surely, he does a massive policy to encounter with.

Well, the NBA player’s Malibu house seeks 0.793% of its market value as property tax while other Oklahoma properties call 1.064%.

Also, Kevin Durant has to pay for the house insurance premium which turns to be $618 to $835 in Malibu and $1,800 in Oklahoma.

In addition to that, the basketballer’s massive earnings get a cut-off due to income tax.

For instance, living in California, Durant’s annual revenue of $10 million has to give away $5.2 million as income tax, inclusive of 36.61% Federal tax, 2.41% FICA and 13.05% State tax.

Kevin Durant’s Expenses on Fines

Yeah, many of us are familiar with NBA rules of fine payment on fouls or violating the terms of NBA. Well, since his career debut in 2007, Durant has involved himself in many jaw-dropping contracts, but also encountered many expensive penalties on fouls as well.

 As per Spotrac, the American player with 12 NBA seasons has paid a total of $327,000 in fines.

Highest-Paid penalties of Durant:

DateReasonFine Amount
April 12, 2013Making a menacing gesture during the second quarter of OKC-GSW game$25,000
April 24, 2016Flagrant 2 foul during the OKC-DAL playoff game$15,000
January 25, 2018Criticism of Referees after ejection from NYK-GSW game$15,000
November 20, 2018Cursing out fan using inappropriate language during GSW-DAL game$25,000
April 2, 2019Public criticism of the officials following the GSW-MIN game$15,000

Charity & Philanthropic Works

The multi-millionaire NBA star has been involved in numerous charity and philanthropic causes throughout his career. He is the founder of the Kevin Durant Charity Foundation, which aims to enrich the lives of youths from poverty, through educational and athletic programs.

With his Foundation, Durant, in 2018, gave a commitment of $3 million donations to bring College Track and The Durant Center to Prince George's County.

Also, in 2013, he pledged $3 million to support the University of Texas Basketball and the College of Sports Leadership and Innovation.

Kevin Durant is actively involved in donations via his foundating KDCF
Kevin Durant is actively involved in donations via his foundating KDCF

Moreover, in February 2018, Kevin alongside many other investors launched a fundraising campaign Vision Esports, L.P.for charity causes.

Furthermore, he has associations with:

  1. Black Girls Code ($5K)
  2. Teen Diaries Foundation ($7K)
  3. Silicon Valley Debug ($10K)
  4. Larkin Street Youth Services ($12.5K)
  5. Oakland Elizabeth House ($12.5K)
  6. New Heights Youth Inc ($25K)
  7. Boys & Girls Club of the Peninsulas ($74K)

Kevin Durant’s Personal Details: Age, Education, Family & Relationship

Born on September 29, 1988, in Washington, D.C., Kevin Wayne Durant aka Kevin Durant holds American nationality and is of black ethnicity.

Raised in Prince George's County, Maryland, Durant's parents: Wanda Durant (mother) and Wayne Pratt (father) divorced when he was an infant. He has 2 brothers: Tony and Rayvonne and a sister named Brianna.

Durant attended National Christian Academy, Oak Hill Academy, and Montrose Christian High School. From 2006 to 2007, he enrolled at University of Texas until he was picked by Seattle SuperSonics in the 2007 NBA Draft.

As of May 2019, Kevin Durant’s age is 30 and has a height of 6 ft. 9 inches (206 cm).

Relationship Status

For a fact, Durant is never married but also is keeping his relationship status low-profile. Even though he is rumored to be dating Instagram model Amy Shehab, no further information of the basketballer’s affair is out for now.

Well, Kevin Durant was engaged to WNBA player Monica Wright in 2013, the duo called off their engagement a year later citing Wright's strong Christian beliefs to the cause.

Kevin Durant and his former fiancee Monica Wright
Kevin Durant and his former fiancee Monica Wright

Apart from that, the NBA star has been in relationships with Jasmine Shine (2014), Letoya Luckett (2011 - 2012) and Rachel DeMita.

Updated On Wed Sep 18 2019 Published On Sat May 04 2019 By Chandra Rana Magar

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