What is Kevin Durant’s Net Worth Right now in 2024?

Introduction

The small forward of the Brooklyn Nets, Kevin Durant, is one of the highest-paid basketball players in the world who has worked throughout the years for his fat bank check. He has given back-to-back high-end performances and to date, received many awards and accolades under his name.

As of now, Kevin stands as the third-richest basketball professional, just after LeBron James and Stephen Curry. Today, apart from his on-the-court profession, he is well-known for his philanthropy. He is also a photographer and a writer.

Quick Facts

Endorsement

As a rookie on the court, he first signed his official deal in 2007 for four years with Seattle Supersonics worth $19,505,783 (INR 1,59.36 Cr) & has earned an annual average salary of $4,876,446 (INR 39.84 Cr). Kevin has also won the Rookie of the Year award in the 2008-09 season.  In 2011, he signed a five-year contract of $ 89,163,134 (INR 7,28.53 Cr) with a base salary of $17,832,627 (INR 1,45.70 Cr). In a single 2016-2017 season, he signed a contract worth $54,274,505 (INR 4,43.46 Cr).

He earned an average salary of $25,625,000 (INR 2,09.40 Cr) in 2017 of $ 30,750,000 (INR 2,51.28 Cr) in 2018. Presently he has a four-year contract with the Brooklyn Nets worth $164,255,700 (INR 13,42.30 Cr). Along with this, the contract offers a $159,955,700 (INR 13,07.16 Cr) guaranteed with an annual average salary of $41,063,925 (INR 3,35.46 Cr). 

Sponsorships

As one of the best players in the league, Kevin Durant is termed a highly athletic player. 

Nike 

Kevin features a massive deal worth $26 million (INR 2,12.42 Cr) with Nike for shoes and apparel. Together, they first launched the 2011 KD 4s, which hit the market heavily. His recent shoe is the one that has released in 2020, named KD13. His contract with Nike validates for ten years and is worth $275 million (INR 22,47.58 Cr).

Sparkling Ice 

In 2014, he signed a deal with Sparkling Ice and had been together since then. They have worked for the unveiling of a basketball court in Seattle.

Panini

In January 2016, Durant signed a long-term deal with the world’s largest sports and entertainment collectables company, Panini. He is the global NBA spokesman for Panini and also features in their numerous campaigns.

Orange Leaf Frozen Yogurt

In September 2014, HE signed a partnership deal with Orange Leaf Frozen Yogurt and owns a certain company.

Other Brands

 He has numerous brand endorsements under his name, which also include Sprint, Gatorade, and General Electric, to name a few. In 2014, he also appeared in an advertisement for Google along with celebrities which includes Sia, John Legend, and Chrissy Teigen. As of now, he is also the brand ambassador for American Family Insurance and a huge endorser of 2K Sports. He also features a 10-year deal with the Swoosh worth $300 million (INR 24,50.77 Cr) with a $50 million (INR 4,08.56 Cr) retirement package.

Investments 

Most of the player’s investment is made through Thirty-Five projects, where he is the co-founder and partner. Till today, Durant has made seventeen total investments, including Sandbox VR, Yoshi, Rubrik, Whoop, Robinhood, Postmates, and many more. His recent investment was for the Seed Round – Pearpop on 15th April 2021. He has invested $6 million (INR 49.02 Cr) there.

He is also an investor and community partner for Philadelphia’s Union. His other investments were for Pieology, a pizza company, and the high school highlight app Overtime.

Other Business 

He owns a restaurant, KD’s Southern Cuisine, in the Bricktown neighbourhood & has also worked as a photographer for The Players’ Tribune at Super Bowl 50. In 2012, Durant tried acting for the first time in his life in Thunderstruck’s children’s film. Apart from this, he has also worked as a producer for a documentary on basketball in Prince George’s County ‘Basketball County: In the Water.’

House

He has spent $30 million (INR 2,45.07 Cr) to buy houses all over the United States. Also, he has sold some of his houses and has made investments while some remain. 

Malibu House 

In June 2019, Kevin sold his beach house in Malibu, California, for $13.49 million (INR 1,10.20 Cr). He bought the house for $12.15 million (INR 99.27 Cr). This house stood at 3,423-square-foot and had four bedrooms, six bathrooms, a kitchen, a dining area, a library, and a media room. 

Oakland House 

His Oakland house is also up in the market for $6 million (INR 49.02 Cr). This house is spread over 9,084 square feet and includes seven bedrooms, eight bathrooms, a private half-basketball court, and chic front door glass. 

Philanthropy

Several commercials have featured him as the “nicest guy in the NBA throughout his career journey.” He has been involved in numerous charitable works and organizations to date. He has also launched a Kevin Durant Charity Foundation, which helps the youth at risk and families with a low economy. Some of the help he has provided is $10 million (INR 81.71 Cr) for the children’s college, $1 million (INR 8.17 Cr) to the Red Cross for tornado relief, and $3 million (INR 24.51 Cr) to the University of Texas to aid their basketball program. 

Back in 2014, he stood with the KIND snack to launch StrongAndKind.com with the theme “being kind is not a sign of weakness.” This philanthropy has made him Time’s 100 Most Influential People in 2018.

Some of his awards and Honours 

• 2× NBA champion: 2017, 2018.
• NBA Most Valuable Player: 2014
• 11× NBA All-Star: 2010–2019, 2021
• 2× NBA All-Star Game MVP: 2012, 2019
• NBA Rookie of the Year: 2008
• NBA All-Rookie First Team: 2008
• 2009 NBA Rookie Challenge MVP
• 2× Olympic gold medalist: 2012, 2016
• FIBA World Cup gold medalist: 2010
• FIBA World Cup Most Valuable Player: 2010
• Naismith College Player of the Year: 2007
• AP Player of the Year: 2007
• AP All-America 1st Team: 200
• Oscar Robertson Trophy: 2007
• Adolph Rupp Trophy: 2007
• John R. Wooden Award: 2007
• Big 12 Player of the Year: 2007
• USBWA National Freshman of the Year: 2007.

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