What is Kevin Garnett’s Net Worth and Salary?
Kevin Garnett, a retired American professional basketball player, is known as “The Big Ticket”, “KG”, “The Kid,” and “The Franchise”. He has a net worth of $120 million and is considered one of the greatest power forwards of all time. Garnett was drafted into the NBA directly out of high school in 1995 and played for the Minnesota Timberwolves, Boston Celtics, and Brooklyn Nets during his 21-season career.
Early Life and Basketball Beginnings
Kevin Garnett was born on May 19, 1976, in Greenville, South Carolina. He fell in love with basketball at an early age and started playing on an organized team in high school. Despite facing legal trouble before his senior year, he transferred to another high school and played exceptionally well on the basketball team, catching the attention of NBA scouts.
Academic Struggles and NBA Draft
Garnett struggled academically and failed to score well on the ACT, which would have made it difficult for him to attend college. However, he did score well on the SAT. After impressing NBA agents at a tryout camp, he attended the 1995 NBA Draft.
Kevin Garnett’s Career Highlights
Kevin Garnett began his career with the Minnesota Timberwolves at age 19 years and 11 months. He was offered a six-year contract extension worth $126 million in 1997. Garnett won the title of MVP and Minnesota became division champions from 2001 to 2004. However, the team faltered in the following years, leading to his trade to the Boston Celtics in 2007. Garnett led the Celtics to an NBA Championship in his first season with a three-year, $60-million contract. He was traded to the Brooklyn Nets in 2013 and spent two years on the team before finishing his career with a final season in Minnesota.
Marriage and Family Life
Kevin Garnett married his longtime girlfriend, Brandi Padilla in 2004. The couple had been together for several years before tying the knot. They had two children together during their marriage.
However, after 14 years of marriage, Garnett and Padilla announced their separation in 2018. The reason for their split was not disclosed to the public.
Kevin Garnett’s Post-Retirement Ventures
After retiring from basketball, Garnett entered the entertainment industry with appearances on “Inside the NBA” and a role in the film “Uncut Gems.” He also worked as a consultant for the Los Angeles Clippers and the Milwaukee Bucks.
Garnett also pursued business ventures, including becoming a limited shareholder for Italian soccer team A.S. Roma in 2011. In 2020, he expressed interest in purchasing the Timberwolves and was part of a group hoping to buy the franchise from Glen Taylor.
Kevin Garnett’s Impressive Earnings in the NBA
Kevin Garnett, one of the greatest power forwards in NBA history, earned a salary of $12 million during his final season in the league. Additionally, he made an astounding $10 million per year from endorsements. Over the course of his career, Garnett earned a total of $334.3 million in salary alone, which was $11 million more than the second-highest-earning player at the time of his retirement, Kobe Bryant. Garnett even held the record for highest-earning NBA player of all time in terms of contract salaries at certain points in his career. His highest single-season salary was a whopping $28 million.
Kevin Garnett’s Real Estate Ventures
In 2003, Kevin Garnett bought a property in Los Angeles for $6.4 million, which he later renovated and expanded to over 11,000 square feet. He listed the property for $19.9 million in 2018 but removed it from the market almost immediately. Garnett also sold his Concord, Massachusetts property for $3.635 million in 2014, after originally purchasing it for $4.625 million in 2007.
Kevin Garnett faces legal action for unpaid construction work
In 2020, Kevin Garnett was sued by an LA-based construction firm for failing to pay $173,000 for construction work on his Pacific Highway home. The company sought authorization of a lien if the property entered foreclosure.
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