Steve Kerr Net Worth: How Much Money Does He Have in 2023?

Steve Kerr Net Worth: Steve Kerr was born in Lebanon on September 27, 1965. Stanley Kerr, the grandfather of Steve, was an American humanitarian who relocated to Beirut to aid rescued women and infants harmed during the Armenian Genocide.

Steve Kerr’s Education And Family

Malcolm, Steve’s father, initially studied at Princeton but returned to Lebanon to complete his education after suffering from debilitating arthritis. Malcolm attained multiple advanced degrees, including a PhD in Arabic Studies.

Malcolm and Ann Zwicker met at the American University of Beirut, where they were both students. Steve was born in 1965, making him the third of four children.

On January 18, 1984, Malcolm was tragically murdered by militant nationalists in Beirut. He was a rector of the American University of Beirut at the time.

At the time, Steve was an undergraduate at the University of Arizona and was 18 years old. Later, the family would file a lawsuit against the Iranian government under the Antiterrorism and Effective Death Penalty Act of 1996.

Even though he was not heavily recruited in high school, Steve went on to have an impressive collegiate career. He even earned a place on the United States basketball team that won the 1986 FIBA World Championship.

The 1992 Olympic “Dream Team” consisted of players such as Michael Jordan, Charles Barkley, and Magic Johnson because this was the final year that the major Men’s basketball teams were mandated to consist solely of non-professionals.

Steve Kerr’s Net Worth

Steve Kerr has a net worth of $45 million and is a retired American professional basketball player and current NBA coach. Steve spent fourteen seasons in the NBA.

He subsequently became a broadcaster and executive with the Phoenix Suns. In May 2014, he was named head coach of the Golden State Warriors. To date, he has won three NBA Championships with the Warriors. As a player, he won five NBA Championships.

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NBA Earning

Throughout his tenure in the NBA, Steve earned a total of $15,8 million. That is equivalent to approximately $24 million today. His highest playing salary came during his final season with the San Antonio Spurs, 2002-2003 when he earned $2,625,000.

Contract And Coaching Salary

In 2014, when he was hired as coach of the Warriors, he signed a five-year, $25 million contract. Five million dollars per season. In July of 2018, he consented to a contract extension. The circumstances were not disclosed, but it is believed that the salary was not significantly different.

The Career of Steve Kerr

The Phoenix Suns selected Steve in the second round of the 1988 NBA draft. In 1989, he was traded to the Cleveland Cavaliers.

His greatest accomplishments occurred during his tenure with the Chicago Bills. He won three consecutive NBA championships with the Chicago Bulls during his tenure.

During their time together, Steve’s teammate Michael Jordan was notoriously tough on him, even punching him during practice. In 1999 and 2003, he won two more Championships with the San Antonio Spurs.

Steve Kerr presently holds the NBA record for the most accurate three-point shot in league history. Following the 2003 championship season, Kerr retired. He was promptly hired by Turner Network Television (TNT) as a broadcast analyst.

While employed by TNT, he also provided NBA commentary for Yahoo! Several video games, including NBA Live 06, NBA Live 07, NBA Live 08, NBA Live 09, and NBA Live 10, feature his voice commentary. In 2011, he supplied the voice for the NBA 2K12 colour commentator.

Kerr joined Jim Nantz and Clark Kellogg to broadcast the First Four and final four games of the NCAA Men’s Division I Basketball Championship for Turner Sports and CBS beginning in 2011.

In 2004, Kerr and a group of investors attempted to purchase the Phoenix Suns for $300 million from proprietor Jerry Colangelo. The agreement was never finalized, but from 2007 to 2010, Steve served as the team’s general manager.

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Steve continued to work for the Suns until May 14, 2014, when he was named head coach of the Golden State Warriors. He was heavily courted by a number of teams, most notably the Knicks, but ultimately signed with the Warriors for an initial five-year, $25 million contract.

Steve broke the record for most regular-season victories by a rookie coach in his first season as a head coach. The NBA championship was won by the Warriors, who were led by sensation Steph Curry.

Steve was the first NBA rookie coach in nearly three decades to capture the title in his first season. The Warriors reached the finals in four consecutive seasons, winning in 2017 and 2018.

Summary

Steve Kerr has a net worth of $45 million and is a retired American professional basketball player and current NBA coach. He has won three NBA Championships with the Warriors and five NBA Championships as a player.

Steve Kerr won three NBA championships with the Chicago Bulls and San Antonio Spurs and was the first NBA rookie coach in nearly three decades to capture the title in his first season.