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Steve Kerr Net Worth

Steve Kerr Net Worth
Net Worth $65 Million
Birthdate Sep 27, 1965
Height 6 ft 3 in (1.91 m)
Profession Basketball player, Media Personality & Basketball Coach
Nationality United States of America

What is Steve Kerr Net Worth?

Steve Kerr, the retired professional basketball player who converted to an NBA coach, has a net worth figure amounting to $65 million and a salary annually at an amount of $17.5 million.

Kerr played 14 seasons in the NBA before finally making transitions to the broadcast table and later to the executive chair of the Phoenix Suns organization. That journey brought him here, in May 2014, as the head coach of the Golden State Warriors.

Since taking over the helm at Golden State, he steered the Warriors to phenomenal success, including those with four NBA Championships in 2017, 2017, 2018, and 2022. That further solidifies his Hall of Fame career after being the key contributor to his teams and winning five NBA titles as a player. Including three titles with the Chicago Bulls (1996, 1997, and 1998) and two with the San Antonio Spurs (1999 and 2003).

NBA Career Earnings

Throughout his tenure in the NBA, Steve amassed a grand total of $15.8 million in earnings.

That’s roughly about $24 million in today’s money. His most profitable season was the last he played, in 2002-2003, where he raked in $2.625 million while on the roster of the San Antonio Spurs.

Coaching Salary & Contracts

He was taken on as Warriors head coach in 2014 and signed a great contract of five years, summing up to $25 million, which would be $5 million per annum. Four years down the line in July 2018, and Kerr was to resign with the team, but there were no details on when or for how long, while financial details of that deal are assumed not to have moved far from his previous financial agreement. Fast forward to February 2024, and Kerr was back in the headlines again, this time upon agreement for a new contract with the Warriors. The amount of money involved in this deal was $35 million for two years. That translated into an average annual salary of $17.5 million, taking him to the summit by being the highest-paid coach in NBA history—at least to that juncture.

Early Life

Steve Kerr was born on September 27, 1965, in Beirut, Lebanon. He comes from a lineage that has a very amazing story. His grandfather, Stanley Kerr, was an American humanitarian who came to Beirut on a noble mission of serving the many women and orphans who perished at the hands of the Armenian Genocide. Malcolm went to Princeton, but then he got an attack of arthritis that almost crippled him, so he had to come back to Lebanon and finish his rest of the studies. Afterward, he got a whole mess of degrees, including a Ph.D. in Arabic Studies. During his educational journey at the American University of Beirut, Malcolm would first meet Ann Zwicker, the woman who would mark a start to a great journey together.

Steve Kerr, the third of four siblings, entered a world touched by tragedy. On January 18, 1984, his father, Malcolm, was a victim of assassination by militant nationalists in Beirut. Actually, this was a very pathetic event to the family, especially to Steve, a freshman at the University of Arizona, with 18 years.

Later, it brought the aftermath of legal actions, as the family, in search of justice, sued the Government of Iran through the Antiterrorism and Effective Death Penalty Act of 1996. Steve Kerr’s talent and determination in playing basketball was a force to reckon with. Not that highly recruited out of high school, his talent and determination played a very significant role in his playing basketball career as a college athlete. He had skills great enough to place on the USA Basketball team, which took home the Gold Medal in 1986 for the FIBA World Championship games.

This, needless to—one very last year when great legend groups from men’s basketball were strictly amateur before the legendary era with greats like Michael Jordan, Charles Barkley, and Magic Johnson in 1992 Olympics “Dream Team.

NBA Career

Steve Kerr’s NBA journey began when he was drafted in the second round of the 1988 NBA draft by the Phoenix Suns.

However, he was traded shortly afterwards to the Cleveland Cavaliers in 1989. Kerr’s career went sky-high during the time he was with the Chicago Bulls; there he got notable success that included three straight NBA Championships.

More notably, in his years with the Bulls, he was very close to Michael Jordan, who infamously demanded so much from Kerr, even going to the point of doing physical fights like punching Kerr in the middle of a practice session. But through all the adversities, Kerr got to show his resilience and abilities, leading to two other Championships with the San Antonio Spurs in 1999 and 2003. Notably, it was realized that Kerr holds the record for the most accurate three-point shot in the history of the NBA.

Post NBA Career

Kerr went on to become an analyst for Turner Network Television (TNT) right after his retirement following the championship season of 2003. Kerr also lent his expertise as an NBA analyst for Yahoo! That unmistakable voice got into the world of gaming with its commentaries in leading video games on the market, ranging from NBA Live 06 to NBA Live 10. Most notably, he was color commentator for NBA 2K12 in 2011. Expanding his broadcasting reach, Kerr teamed with Jim Nantz and Clark Kellogg for First Four games and final four matches of the NCAA Men’s Division I Basketball Championship. Beginning in 2011, he and Nantz would do so for both Turner Sports and CBS. In 2004, Kerr ventured in, through a business and commerce endeavor, with a group of investors to purchase the Phoenix Suns from owner Jerry Colangelo for $300 million. That deal would ultimately fall through, and Kerr’s relationship with the Suns would take another turn as he became their General Manager from 2007 to 2010, adding direction to the team for some of the most pivotal years.

Golden State Warriors

The career leap of gigantic proportions came on May 14, 2014, when he went from being an assistant with the Suns to becoming the head coach of the Golden State Warriors. Obviously, with Steve’s game on, he drew enough interest from other teams, including the Knicks. Of course, the Warriors did the honors by making an attractive offer first: $25 million over five years.

First season in charge, and Steve wrote history—no sooner was he left to his own as the head coach when, all of a sudden, came back-to-back victories like they were going out of fashion. Finally, with the reborn superlative performances of Stephen Curry, the Warriors would be crowned NBA champions. Steve famously turned to be the first rookie coach in nearly three decades to win an NBA Championship in his debut season at the helms. In those four seasons, the Warriors reached the final under his tutelage, winning it back to back in 2017 and 2018.

Personal Life

Since 1990, Steve has shared his walk of life with this one lady, Margo, from college. His enduring bond blessed them with three beautiful children and, in turn, created a family full of love and moments cherished.

Real Estate

In August 2018, Steve and Margo purchased a 4,000-square-foot residence in the scenic area of Presidio Heights in San Francisco for $7.35 million. They got it over the initial asking price by $1.4 million, signifying that they overbid for the property due to intensified competition and an obviously huge interest from their side.

Steve Kerr Net Worth

Frequently Asked Questions about Steve Kerr

  1. What is Steve Kerr net worth?
    • Steve Kerr net worth is estimated to be $65 million.
  2. When was Steve Kerr born?
    • Steve Kerr was born on September 27, 1965.
  3. How tall is Steve Kerr?
    • Steve Kerr stands at 6 feet 3 inches (1.91 meters) tall.
  4. What is Steve Kerr’s profession?
    • Steve Kerr is known as a basketball player, media personality, and basketball coach.
  5. What is Steve Kerr’s nationality?
    • Steve Kerr is a citizen of the United States of America.
  6. What are Steve Kerr’s notable achievements as a basketball player?
    • Steve Kerr won five NBA championships as a player, three with the Chicago Bulls (1996, 1997, and 1998) and two with the San Antonio Spurs (1999 and 2003).
  7. What is Steve Kerr’s coaching history?
    • Steve Kerr became the head coach of the Golden State Warriors in May 2014. Under his leadership, the team won four NBA championships in 2015, 2017, 2018, and 2022.

Steve Kerr Social Media Account

Quick Summary

  1. Steve Kerr, born September 27, 1965, is truly one of the most successful personalities in the world of basketball, with an incredible net worth of $65 million. He ventured into his career as a player in the NBA, where he managed to get five championships under the teams Chicago Bulls and San Antonio Spurs. A noted player and All-American at the University of Arizona, Kerr went on to win five NBA titles in a 15-year career playing for six different teams. In his tenure, he has greatly succeeded in his career and has made his name great in the media and as a coach, being a big contributor to the game.
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