By admin 
Steve Kerr is without doubt one of the winningest coaches in NBA historical past. As a participant with the Michael Jordan-led Chicago Bulls within the Nineteen Nineties, he received three championships, and one other two with the San Antonio Spurs towards the top of his profession. With the Golden State Warriors as head coach, he’s taken the Dubs to 4 titles.
Now in his eleventh season with the Warriors, he’s in search of an general 10 title as coach and participant. Racking up extra championships may assist Kerr land admission into the Corridor of Fame as a coach.
💵💰Don’t miss the move: Subscribe to TheStreet’s free daily newsletter 💰💵
Right here’s how a lot Kerr is price and the way he makes his cash.
What’s Steve Kerr’s web price?
Kerr most likely has a web price of about $40 million, primarily based on his earnings within the NBA and his investments. Kerr reportedly earned nearly $16 million in his total NBA profession. After retirement, he’s earned a minimum of greater than 5 instances that.
How a lot does Steve Kerr make as head coach of the Golden State Warriors?
Kerr makes a mean $17.5 million a yr as head coach of the Warriors. In 2024, he signed a two-year contract extension with the staff valued at $35 million, which made him the highest-paid coach within the NBA.
In 2014, he signed a five-year contract for $25 million. 4 years later, he signed onto a 5-year, $47.5 million extension contract.
Related: Steph Curry’s net worth amid 2025 NBA playoff season
Who’s Steve Kerr?
Steven Kerr was born in Beirut, Lebanon on September 27, 1965 to American mother and father who had been lecturers specializing within the Center East.
In 1984, his father, Malcolm, who was president of the American College of Beirut, was murdered by two gunmen from a militant group related with the phobia group Hezbollah. On the time, Steven Kerr was a freshman on the College of Arizona and first-year guard on the boys’s basketball staff. By his senior yr, he was a standout participant and had set the NCAA document for the best proportion on three-point capturing in a single season. He would then take this specialty on three-point capturing into his NBA profession.
NBA profession
After graduating in 1988, Kerr — the fiftieth decide within the second spherical of the 1988 draft — was chosen by the Phoenix Suns. After one yr, Kerr was traded to the Cleveland Cavaliers, which made it to the playoffs within the 1989–90 and 1990–91 seasons. He bounced between the Cavaliers and Orlando Magic, earlier than signing with the Chicago Bulls in 1993. The Bulls had already received back-to-back-to-back NBA titles from 1991 and wished so as to add depth to their three-point capturing vary. Kerr helped the Bulls win three extra championships in 1996, 1997, and 1998, and his years with the Bulls had been amongst his most efficient when it comes to excessive area purpose percentages. In one in all his profession highlights, in the course of the sixth sport of the NBA finals in 1997, Kerr made a clutch three-point shot from 17 toes that helped the Bulls win towards the Utah Jazz for the title.
In 1998, Kerr joined the San Antonio Spurs and helped them to 2 titles in 1999 and 2003, which was his final yr as a participant. Kerr capped 16 years within the NBA with the best profession three-point proportion, at 45.4%.
Related: Anthony Edwards’ net worth as he leads the Timberwolves in the playoffs
Teaching profession
In the identical yr after retiring, Kerr took to tv broadcasting as an analyst protecting video games for TNT. In 2007, he left the commentary boot to affix the Phoenix Suns as its basic supervisor. Kerr gained expertise in operations and managing gamers and led the Suns to the playoffs in 5 of the six years he was there.
Kerr returned to broadcasting in 2010, however in 2014, he took up the top teaching place on the Golden State Warriors. Its star participant Stephen Curry would rework the best way basketball could be performed with an emphasis on three-point capturing.
Extra on sports activities and wealth:
- LeBron James’ net worth: New records, unparalleled wealth
- Alex Ovechkin’s net worth: A look at the NHL’s all-time leading goal scorer’s fortune
- Rory McIlroy’s net worth: How much the PGA star & Nike spokesperson makes on the links
Kerr would lead the Warriors to an NBA title in 2015, their first since 1975, after which to a few extra, in 2017, 2018, and 2022. Within the 2015-16 season, they completed with a 73-9 document — one of the best successful document in an NBA season and eclipsing the earlier document held by the Chicago Bulls in 1995–96, when Kerr was a participant.
How does Steve Kerr spend his cash?
Kerr has spent his cash to put money into sports activities golf equipment. When he was basic supervisor of the Phoenix Suns, he reportedly held a minority stake within the staff however offered it after taking the Warriors head coach job.
In 2023, Kerr joined a gaggle of American buyers in shopping for a stake in Actual Mallorca, a soccer membership within the Spanish top-tier skilled league referred to as LaLiga.
To remain inside journey distance for his work, Kerr purchased a four-bedroom home in Presidio Heights for $7.35 million in 2018 — paying nearly $1.6 million above market worth. Following the acquisition, he joked that he would “have to teach for one more 20 years to afford that home.” These days, properties for 4 bedrooms sometimes promote for about $5.5 million, in response to property search agency Zillow.
Related: How to track stock price changes from 52-week highs on Google Finance