Facts of Kevin Durant
|Full Name||Kevin Durant|
|Birth City||Suitland, Suitland-Silver Hill, Maryland|
|Birth Country||United States|
|Education||The University of Texas at Austin|
|Date of Birth||September 29,1988|
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. As of 2020, his annual salary as claimed by Celebrity Net Worth sits at $29 million.
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.
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:
|July 2, 2007||Seattle SuperSonics||2-year deal||$8.65 million|
|October 16, 2008|
Oklahoma City Thunder
|Option for 2009-2010||$4.8 million|
|October 23, 2009||Option for 2010-2011||$6 million|
|July 7, 2010||5 years contract||$89 million|
|July 4, 2016|
Golden State Warriors
|Deal of 2 years||$54.3 million|
|July 6, 2017||2-year contract||$54.25 million|
|July 7, 2018||2-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:
|2007||Seattle SuperSonics||$4.171 million|
Oklahoma City Thunder
Golden State Warriors
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.
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:
- Earnings in 2013- $14 million
- Earnings in 2014- $14 million
- Earnings in 2018- $32 million
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.
Purchase & sales record of his other houses:
- Purchased Oklahoma City home at Club Villa (2011)- $1.79 million (Sold for $1.95 million in October 2013)
- Bought 2 townhouses in The Hill At Bricktown, OKC (2013)- $1.769 million (Listed in the market for $1.5 million in 2016)
- 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.
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:
|April 12, 2013||Making a menacing gesture during the second quarter of OKC-GSW game||$25,000|
|April 24, 2016||Flagrant 2 foul during the OKC-DAL playoff game||$15,000|
|January 25, 2018||Criticism of Referees after ejection from NYK-GSW game||$15,000|
|November 20, 2018||Cursing out fan using inappropriate language during GSW-DAL game||$25,000|
|April 2, 2019||Public 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.
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:
- Black Girls Code ($5K)
- Teen Diaries Foundation ($7K)
- Silicon Valley Debug ($10K)
- Larkin Street Youth Services ($12.5K)
- Oakland Elizabeth House ($12.5K)
- New Heights Youth Inc ($25K)
- 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).
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.
Apart from that, the NBA star has been in relationships with Jasmine Shine (2014), Letoya Luckett (2011 - 2012) and Rachel DeMita.