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Kevin Garnett Net Worth 2020

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Facts of Kevin Garnett

Full NameKevin Maurice Garnett
First NameKevin
Middle NameMaurice
Last NameGarnett
Birth NameKevin Maurice Garnett
Other NameThe Big Ticket,KG
ProfessionRetired NBA Player
NationalityAmerican
EthnicityBlack
Birth CityMauldin, South Carolina
Birth CountryUnited States
Father NameO'Lewis McCullough
Mother NameShirley Garnett
Gender IdentityMale
Sexual OrientationStraight
HoroscopeTaurus
Marital StatusSingle
SpouseBrandi Padilla (m, 2004- filed for divorce in late 2018)
No Of Children2
Networth120000000
Sibilings3
FilmographyUncut Gems (2019)
EducationMauldin High School, Farragut Career Academy
Height213 cm
Weight109 kg
Networth$120 M
Facebook Profile
Twitter Profile
Insta Profile
Date of BirthMay 19,1976
Age44 years

Kevin Garnett, a retired NBA player turned professional in 1995, played for 21 seasons until 2016 with NBA franchise teams: Minnesota Timberwolves, Boston Celtics & Brooklyn Nets

At the time of retirement in 2016, Garnett was considered the highest player in the NBA history, with total on-field career earnings of $334.304 million.

With the Celtics, Kevin became the 2008 NBA Champion; furthermore, his achievements include 2004 NBA MVP & 15-time All-Star. Famous with the nickname The Big Ticket, Garnett is the only NBA star to record 25,000 points, 10,000 rebounds, 5,000 assists, 1,500 steals & 1,500 blocks.

How Much Is Kevin Garnett’s Net Worth In 2020?

According to Celebrity Net Worth, the 43-year-old retired NBA star has a net worth of $120 million as of April 2020.

Back in September 2016, Kevin Garnett was estimated to have a fortune of $190 million, while The Richest stated his worth at $180 million in 2018.

Indeed, the massive contracts & salary from the NBA career grabbed him a hefty sum. Furthermore, his off-court ventures aided his earnings; from endorsements with Anta Sports Products & Zico, Kevin made $5 million a year.

American retired NBA player Kevin Garnett is a multi-millionaire; he has $120 million net worth in 2020
American retired NBA player Kevin Garnett is a multi-millionaire; he has $120 million net worth in 2020

Source: NBA.com

The 5th overall pick of Minnesota Timberwolves in the 1995 NBA Draft, Garnett played for the team for 12 seasons (1995- 2006).

Later, he was traded to Boston Celtics (2007- 2012, 6 seasons) & then to Brooklyn Nets (1 season, 2013- 2014). 

Kevin returned to the Timberwolves in February 2015 (2014 Season) & played until retirement on September 23, 2016.

Quick Query: Which Jersey No. Kevin Wore?

The power forward/center wore the jersey numbers: 21, 5, & 2.

Is Highest-Earning NBA Player Of All-Time

With 21 seasons in the NBA, Kevin made career earnings of $334,304,240 – it includes $325.886 million from salary alone.

As per Sportrac (in 2020), Garnett is considered #1 among the highest-earning NBA players of all-time, the rest of Top-4 earners include Kobe Bryant (#2, $323.312 million), LeBron James (#3, $306.984 million) & Shaquille O'Neal (#4, $286.344 million).

Reportedly, his richest NBA contract was the 6-year-deal valued at $126.0163 million, signed on October 1, 1997, with Minnesota Timberwolves.

Kevin Garnett is considered the highest-earning NBA Players of All-Time with $334.304 million from on-field career earnings
Kevin Garnett is considered the highest-earning NBA Players of All-Time with $334.304 million from on-field career earnings

Source: The Boston Globe

The Greenville, South Carolina-born NBA player earned his career-high salary during the 2003- 2004 season with a value of $28 million.

Did you know? Kevin Garnett was a member of the United States National Team in 2000 Summer Olympics & won a gold medal in FIBA (his first & only appearance in FIBA). He averaged 10.8 points, 9.1 rebounds and 2.1 assists per game.

Contracts Signed & Salary From NBA Teams

While attending Mauldin High School in MauldinKevin got wide recognition for his prominent basketball play & later, enrolled at the Farragut Career Academy in Chicago. 

Then on June 28, 1995, Garnett became Round 1 (5th overall pick) of the Minnesota Timberwolves in the 1995 NBA Draft

Soon, after, the NBA player singed his first-ever NBA contract with the team on October 2, 1995; it was a 3-year deal valued at $5.39712 million.

Kevin Garnett, the 1995 draft of Minnesota Timberwolves played for 12 seasons & then played for Celtics & Brooklyn Nets; later, he returned to Timberwolves & retired
Kevin Garnett, the 1995 draft of Minnesota Timberwolves played for 12 seasons & then played for Celtics & Brooklyn Nets; later, he returned to Timberwolves & retired

Source: SB Nation

Thereafter, following his stints in other NBA teams: Boston Celtics & Brooklyn Nets, Kevin returned to Minnesota Timberwolves and signed a 2-year $16.5 million contract on July 9, 2015, and retired a year later.

Here is the list of Kevin Garnett’s contracts in NBA:

TeamContractValue

 

 

 

Minnesota Timberwolves

3-year contract (on October 2, 1995)$5.39712 million
6-year deal (October 1, 1997)$126.0163 million
5-year contract extension (October 1, 2003)$100 million
Veteran extension for 3 years (on July 31, 2007)$51.3 million
Traded to Boston Celtics on July 31, 2007, in exchange for 2009 Round 1 draft pick & players: Ryan Gomes, Gerald Green, Al Jefferson, & Sebastian Telfair
Boston Celtics3-year contract (on July 14, 2012)$36 million
Traded to Brooklyn Nets on July 12, 2013 
Traded to Minnesota after a season on February 19, 2015
Minnesota Timberwolves2-year contract (on July 9, 2015)$16.5 million
Waived by the Timberwolves & retired from NBA on September 23, 2016

 

Earnings From NBA: Salary & Bonuses

Salary From Minnesota Timberwolves

YearSalary 
1995- 1996$1.622 million
1996- 1997$1.666 million
1997- 1998$2.109 million
1998- 1999$8.536 million
1999- 2000$16.806 million
2000- 2001$19.61 million
2001- 2002$22.4 million
2002- 2003$25.2 million
2003- 2004$28 million
2004- 2005$16 million
2005- 2006$18 million
2006- 2007$21 million
2007- 2008 (no salary as he traded to Celtics)$8,417,829 (value of trade kicker)
                        Returned to Minnesota Timberwolves in 2015
2014- 2015$12 million
2015- 2016$8.5 million
2016- 2017$8 million
Total$217,867,834

 

From Boston Celtics

YearSalary
2007- 2008$22 million
2008- 2009$23 million
2009- 2010$14.665 million
2010- 2011$17.08 million
2011- 2012$15.691 million
2012- 2013$11.566 million
Total$104,002,671

 

From Brooklyn Nets

YearSalary
2013- 2014$12,433,735

Interesting Fact: Throughout his career, Kevin Garnett paid $339,561 in fines, that includes his highest-ever fine of $109,091 for headbutting Dwight Howard, while playing for the Nets, against the Rockets.

What Are Kevin's Major NBA Achievements?

While Garnett retired from the NBA in 2016, he already set many records; the NBA star was the first player to win NBA Player of the Month Award for 4 times in single-season (2003- 2004).

Moreover, the 6 ft. 11 inches tall basketball player is the only NBA player averaging 20 points, 10 rebounds and 4 assists per game throughout 9 consecutive seasons.

His career stats read:

  1. Points- 26, 071 (17.8 PPG)
     
  2. Rebounds- 14, 662 (10 RPG)
     
  3. Assists- 5, 445 (3.7 APG)

Post-NBA Career

After retirement from playing career in NBA, Kevin joined the TNT's Inside the NBA in October 2016 & briefly, hosted his own segment named Area 21.

Also, he worked in the 2019 crime-thriller film Uncut Gems starring Adam Sandler and Idina Menzel; the movie grossed $50 million over the budget of $19 million.

Residence & Properties Ownership

Currently, Kevin Garnett lives in his house in Long Lake, Minnesota; he bought the 11,000-sq. ft. property in late 2006 for $6.45 million.

Formerly, when the NBA star owned a house in Wayzata, Minnesota.

According to Variety, in October 2018, he put his still-under-construction mansion in Malibu for sale, asking $20 million. Kevin had bought the 8,000-sq. ft. residence in 2003 for $6.4 million & later called for renovation to expand at 11,000 sq. ft.

Kevin Garnett's under-construction Malibu mansion kept for sales in 2018 for $20 million
Kevin Garnett's under-construction Malibu mansion kept for sales in 2018 for $20 million

Source: Variety

However, the sales report of the property never became official.  

Furthermore, as reported, the NBA star has another house in Malibu, California, bought in 1997 for $3.595 million.

Sold Boston-Area House For Loss Of Nearly $1 Million

In October 2013, Kevin kept his house in Concord, Massachusetts in the market with a tag of $4.85 million. Later, the 5-bedroom & 5-bathroom house was sold in June 2014 for a reported $3.635 million.

It reportedly had price cuts for 3 times that totaled $851,000, before the sales.

Kevin Garnett's former house in Concord
Kevin Garnett's former house in Concord

Source: CBS Boston

As for a fact, Garnett took around $0.99 million loss, as he had acquired the property in September 2007 for $4.625 million.

Lawsuit Against Account For Fraud Of $77 Million

In September 2018, the now-retired NBA star filed a lawsuit against his accountant Michael Wertheim & the latter's firm Welenken CPAs.

In the lawsuit, Kevin claims that his accountant didn't tally his bank records, even after the NBA player's wealth manager Charles Banks IV defrauded him $77 million.

As per Forbes, Banks, in 2016, faced 4 years in federal prison after defrauding $6 million to NBA player Tim Duncan.

Kevin Garnett claims that Wertheim & Banks jointly worked in the fraud as they limited him to his own money; they stated Kevin was in financial trouble when he asked to withdraw $40,000, but at the same time, Banks withdrew $2 million from Kevin's account.

Short-Bio: Family, Education & Married Life

Kevin Maurice Garnett was born on May 19, 1976, in Mauldin, South Carolina, the USA. He is 2nd of 3 children of Shirley Garnett and O'Lewis McCullough; as for a fact, Kevin's parents never married & split shortly after his birth.

Along with 2 sisters: Sonya and Ashley, Garnett was raised by his mother & step-father Ernest Irby. Also, he has a half-brother Louis McCullough, a former basketball player.

After attending Mauldin High School, Garnett later transferred to Farragut Career Academy for senior high school.

Father Of 2 With Estranged Wife 

Kevin married his longtime girlfriend-turned-wife Brandi Padilla in July 2004 in a private ceremony in California. Together, they became parents to 2 daughters: Kapri and Kavalli.

However, after 14 years of marriage, Brandi filed for divorce in July 2018.

Kevin Garnett & his wife Brandi Padilla filed for divorce after 14 years of marriage; they share 2 daughters together
Kevin Garnett & his wife Brandi Padilla filed for divorce after 14 years of marriage; they share 2 daughters together

Source: Extra TV

As per court documents, Garnett's wife demands for custody of both children & even more seeks spousal support.

As of April 2020, the divorce is yet to be finalized. Meanwhile, Kevin Garnett is allegedly single.

Updated On Mon Apr 20 2020 Published On Mon Apr 20 2020 By CRM

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