What is Steve Kerr Net Worth 2024: How Much Does He Earn as Head Coach?

What is Steve Kerr Net Worth 2024 How Much Does He Earn as Head Coach

When we think about successful figures in the NBA, Steve Kerr stands out not only for his coaching achievements but also for his impressive financial portfolio. As the head coach of the Golden State Warriors, Kerr’s salary and net worth have continued to grow in 2024.

But what makes his earnings stand out among NBA coaches and former players? At Aupeo, we’re diving into the latest updates about Steve Kerr net worth, his salary as a coach, and his other financial ventures.

Join me as we explore how his financial success compares to other notable figures in basketball.

Quick Facts

FACTDETAIL
Real NameStephen Douglas Kerr
Popular NameSteve Kerr
GenderMale
Birth DateSeptember 27, 1965
Age58
ParentsMalcolm Kerr, Ann Kerr
SiblingsThree
BirthplaceBeirut, Lebanon
NationalityAmerican
EthnicityCaucasian
EducationUniversity of Arizona
Marital StatusMarried
SpouseMargo Kerr
ChildrenThree (Matthew Kerr, Madeleine Kerr)
DatingN/A
Net Worth$65 Million
Source of WealthNBA Salary, Coaching
Height6 ft 3 in (1.91 m)
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What is the Net Worth Of Steve Kerr in 2024?

What is the Net Worth Of Steve Kerr in 2024

As of 2024, Steve Kerr has amassed an estimated net worth of $65 million, largely thanks to his successful career as an NBA coach and former player.

His most recent Golden State Warriors contract, valued at $35 million over two years, has made him one of the highest-paid coaches in the league.

When we compare Kerr’s financial standing to other top figures in basketball, we find his earnings align with several high-profile NBA players and coaches.

Here are a few people and organizations related to Kerr in terms of career and finances:

  • Michael Jordan
  • Gregg Popovich
  • Steph Curry
  • Phil Jackson
  • San Antonio Spurs
  • Chicago Bulls
  • Phoenix Suns
  • Steve Nash
  • USA Basketball Team

Explore how these figures and teams rank among the wealthiest figures in basketball here.

Salary and Finance Overview

Steve Kerr Salary and Finance Overview

How Much Does He Earn as Head Coach of the Golden State Warriors?

Steve Kerr is currently earning $17.5 million annually as the head coach of the Golden State Warriors.

His salary has grown over time, starting with an initial five-year, $25 million contract in 2014. In 2024, he signed a two-year, $35 million deal, making him one of the highest-paid coaches in the NBA.

This salary is well-deserved, considering his pivotal role in leading the Warriors to four NBA championships and turning the team into a dominant force.

When comparing Kerr’s salary with other NBA coaches, he stands out.

Coaches like Gregg Popovich and Erik Spoelstra also command high salaries, but Kerr’s financial success is bolstered by his consistent achievements on the court.

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His ability to maintain success over a long period has made him indispensable to the Warriors organization.

His Financial Gains from Playing Career in the NBA

Before his coaching success, Steve Kerr played in the NBA for 15 seasons. His total career earnings as a player amounted to $15.8 million, equivalent to about $24 million today.

Although this figure might seem modest by today’s standards, it was a substantial amount for his era, especially considering his pivotal role in securing five NBA championships.

Kerr’s time with the Chicago Bulls and San Antonio Spurs was particularly lucrative, as he won three championships alongside Michael Jordan and two more with the Spurs.

Earnings and Financial Impact from His Post-Playing Career in Broadcasting and Commentary

After retiring as a player in 2003, Kerr didn’t leave basketball behind.

He transitioned into broadcasting, where he became a prominent voice as a commentator for Turner Network Television (TNT). His salary during this period wasn’t publicly disclosed, but top broadcasters in sports typically earn six-figure salaries.

His work in broadcasting and as a commentator for NBA 2K video games expanded his influence and diversified his income.

Key Contributions to His Wealth from Coaching and Championship Success

Coaching has undoubtedly been the major contributor to Steve Kerr’s financial success. Since taking the helm of the Golden State Warriors in 2014, Kerr has led the team to four NBA titles. Each championship brought financial rewards in the form of bonuses and increased contract values.

In 2016, Kerr’s Warriors set a record with 73 wins in a single season, further solidifying his status as one of the most successful coaches in NBA history. The financial incentives tied to these milestones are a testament to his impact.

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His Investments and Business Ventures Outside of Basketball

Like many high-profile figures, Steve Kerr has ventured into real estate. In 2018, Kerr and his wife Margo purchased a home in San Francisco for $7.35 million, which they overpaid by $1.4 million. Additionally, Kerr has explored other potential investments, although details on his business ventures remain limited.

His decision to invest in real estate in one of the most expensive markets in the U.S. signals financial savvy and confidence in long-term asset appreciation.

FAQs About Steve Kerr

Faqs about Steve Kerr

How many NBA championships has he won?

Steve Kerr has won a total of nine NBA championships—five as a player and four as a coach.

Who is he married to?

Steve Kerr is married to Margo Kerr, his college sweetheart. They have been married since 1990 and have three children together.

What teams has he played for?

During his NBA career, Steve Kerr played for the Chicago Bulls, San Antonio Spurs, Cleveland Cavaliers, Phoenix Suns, and Portland Trail Blazers.

How tall is he?

Steve Kerr is 6 feet 3 inches (1.91 meters) tall.

Where was he born?

Steve Kerr was born in Beirut, Lebanon, on September 27, 1965.

What is his role with the Golden State Warriors?

He is currently the head coach of the Golden State Warriors, a position he has held since 2014.

What college did he attend?

Steve Kerr attended the University of Arizona, where he played college basketball and earned All-American honors.

What are his notable career achievements?

Steve Kerr is a five-time NBA champion as a player and a four-time NBA champion as a coach. He is also known for his record-breaking three-point shooting accuracy.

Does he have any children?

Yes, Steve Kerr has three children with his wife, Margo.

What awards has he received as a coach?

Steve Kerr has been named one of the 15 Greatest Coaches in NBA History and led the Golden State Warriors to four NBA championships.

Conclusion

Steve Kerr’s financial success is closely tied to his achievements on and off the court. If you’re interested in more insights into sports figures and their finances, feel free to leave comments, share this article, or explore more content on our website at aupeo.com.

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