The Golden State Warriors head coach Steve Kerr is one of the most successful HCs in the history of the NBA. Since taking up the coaching job in 2014, Kerr has spearheaded the Dubs to four NBA championships in less than a decade. Amid all speculations regarding the legendary HC and former NBA star, exactly how much fortune has the 58-year-old made in his career and what is Steve Kerr’s net worth in 2024?
Steve Kerr originally started his NBA career back in 1988 after he was chosen by the Phoenix Suns in the second round of the draft. Since then, he would go on to play for multiple franchises in the league and was part of the Chicago Bulls’ second three-peat winning team during the Jordan era. He later won two more NBA rings with the San Antonio Spurs and retired from his professional career in 2003.
He would then go on to work in the sports media broadcasting industry and later served as the general manager of the Phoenix Suns from 2007 to 2010. Steve Kerr started his coaching career in 2014 with the Golden State Warriors after taking over the head coaching job from Mark Jackson, and the rest is history.
The San Francisco-based franchise went on to become one of the most successful teams in the last decade. In fact, the Golden State Warriors are now the most valuable team in the NBA right now. It seems Kerr will continue with the Warriors until the end of the 2025-26 season after his recent two-year $35 million extension made him the highest paid coach in NBA history.
Steve Kerr’s Net Worth
Former NBA professional and current Warriors HC Steve Kerr has an estimated net worth of about $45 million in 2024. The legendary coach has already made an impressive fortune for himself from his playing, broadcasting and coaching career.
Steve Kerr (via Imago)Over the course of the last eight seasons with the Warriors, Kerr has made about $40 million in salary alone. He will be adding more by the end of the 2023-24 season before his new contract extension kicks in which will make him the highest paid coach in NBA history.
Steve Kerr initially signed with the Warriors on a five-year $25 million deal back in 2014 when he took up the job as HC. During his time as a player in the NBA, Kerr played for multiple franchises over the course of the 15 seasons he spent in the league – making a sizable fortune from his player contracts.
Stephen Curry and Steve Kerr (via Imago)He was also part of the ownership group which acquired the Phoenix Suns in 2004. Kerr had stakes in the franchise for about a decade before taking up the HC job with the Warriors.
Steve Kerr’s Contracts and Salary
Steve Kerr is currently in the final year of his previous contract with the Warriors which was supposed to run out by the end of the 2023-24 season. This would see Kerr make an impressive $45 million from the last nine seasons he has coached the Dubs, including the running season, per Spotrac.
His new extension is worth a fantastic $35,000,000 for two-years which will lock the coach with the Warriors until the end of the 2025-26 season. His new contract comes with an annual average value of $17,500,000–which is the largest AAV for a HC in NBA history.
Steve Kerr (via Imago)This will be a significant hike given Kerr makes a base salary of about $5 million from his current terms with the Dubs, excluding bonus and incentives. With his new contract, Steve Kerr will add significantly to his overall net worth.
Steve Kerr’s Investments in Real Estate
Kerr has been serving as Warriors HC for over a decade now. He has lived in San Francisco for years along with his family in a luxurious mansion in the Bay-area which is worth an astonishing $7.35 million.
Steve Kerr’s residence (via Aspera Estates)The property in Presidio Heights spans over 4,000 square feet of space and is a three-storey holding. It has all the modern amenities although the original mansion was built about a hundred years ago in the 1920s. Needless to say, Kerr has some really great taste in real estate.
FAQs
Q. Which franchise drafted Steve Kerr in the NBA?
The Phoenix Suns drafted Steve Kerr in the 1988 NBA Draft.
Q. How old is Steve Kerr?
Steve Kerr is 58 years old.
Q. How many NBA Championships has Steve Kerr won as a player?
Steve Kerr won five NBA Championships as a player.
Q. How many NBA Championships has Steve Kerr won as a coach?
Steve Kerr won four NBA Championships with the Golden State Warriors as head coach.
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