Steve Kerr net worth
Steve Kerr net worth is $45m. He is a retired American professional basketball player and current NBA coach. Steve had been in the NBA for 14 years. He later became a broadcaster and executive for the Phoenix Suns. He was named head coach of the Golden State Warriors in May 2014. He has three NBA titles with the Warriors. He won five NBA championships as a player.
During his NBA career, Steve earned a total of $15.8 million. This equates to approximately $24 million today. In his final season, 2002-2003, he earned $2.625 million from the San Antonio Spurs.
He signed a five-year, $25 million contract with the Warriors in 2014. This equates to $5 million per season. He agreed to a contract extension in July 2018. Although the terms were not disclosed, it is assumed that the salaries were not significantly different.
Real Estate
In August 2018, Steve and Margo paid $7.35 million for a 4,000-square-foot home in San Francisco’s Presidio Heights neighborhood. They actually outbid the asking price by $1.4 million.
Career
Steve was chosen by the Phoenix Suns in the second round of the 1988 NBA draft. He was traded to the Cleveland Cavaliers in 1989. His most notable success came while he was a member of the Chicago Bills. During his career, he won three NBA championships with the Chicago Bulls.
During their time together, his teammate Michael Jordan was notoriously harsh on Steve, even punching him during a practice. With the San Antonio Spurs, he won two more NBA championships in 1999 and 2003.
Steve Kerr currently holds the NBA record for the most accurate three-point shot with 45.4% from deep.
Background
Steve Kerr was born on September 27, 1965 in Beirut, Lebanon. Steve’s grandfather, Stanley Kerr, was an American humanitarian who moved to Beirut to help rescued women and orphans from the Armenian Genocide. Malcolm, Steve’s father, began his studies at Princeton but had to return to Lebanon to finish them due to a severe case of arthritis.
Malcolm went on to earn a Ph.D. in Arabic Studies, as well as several other advanced degrees. Malcolm met Ann Zwicker while both were students at the American University of Beirut. Steve would be the third of four children, born in 1965.
On January 18, 1984, Malcolm was tragically assassinated in Beirut by militant nationalists. At the time, he was president of the American University of Beirut. At the time, Steve was 18 years old and a freshman at the University of Arizona. The family later filed a lawsuit against the Iranian government under the 1996 Antiterrorism and Effective Death Penalty Act.
Steve went on to have a collegiate playing career despite receiving little attention in high school. He was even a member of the USA Basketball team that won gold at the 1986 FIBA World Championships. The 1992 Olympic “Dream Team” of Michael Jordan, Charles Barkley, and Magic Johnson was the final year that major men’s basketball teams could be made up entirely of non-professionals.
Post NBA Career
After the 2003 championship season, Kerr announced his retirement. He was immediately hired as a broadcast analyst for Turner Network Television (TNT). While working for TNT, he worked as an NBA commentator for Yahoo! He has provided commentary for video games such as NBA Live 06, NBA Live 07, NBA Live 08, NBA Live 09, and NBA Live 10.
He provided color commentary for NBA 2K12 in 2011. Kerr joined Turner Sports and CBS in 2011 to cover the NCAA Men’s Division I Basketball Championship alongside Jim Nantz and Clark Kellogg.
In 2004, Kerr and a group of investors attempted to buy the Phoenix Suns from Jerry Colangelo for $300 million. The transaction was never completed, but Steve served as General Manager of the team from 2007 to 2010.
Steve remained with the Suns until May 14, 2014, when it was announced that he would become the head coach of the Golden State Warriors. He was pursued by a number of teams, including the New York Knicks, but the Warriors eventually won him over with a five-year, $25 million contract.
In his first season, Steve broke the record for most regular-season wins by a rookie coach. The Warriors won the NBA Championship largely because of superstar Steph Curry. Steve was the first rookie coach in nearly 30 years to win an NBA Championship in his first season. The Warriors have reached the finals four consecutive years, winning in 2017 and 2018.
Family
Steve has been married to his college sweetheart Margo since 1990. They have three children between them.
Instagram
Steve Kerr’s Instagram page has over 40,000 followers.
