Steve Kerr Net Worth 2023

Steve Kerr - Sacramento Kings v Golden State Warriors - Game Four
(Photo : Ezra Shaw/Getty Images) SAN FRANCISCO, CALIFORNIA - Golden State Warriors head coach Steve Kerr shouts to his team during Game Four of the Western Conference First Round Playoffs against the Sacramento Kings at Chase Center on April 23, 2023 in San Francisco, California.

Golden State Warriors head coach Steve Kerr has been at the helm of the Dubs' most successful era, building a dynasty that won four NBA championships in the past decade since taking over the Bay Area team during the 2014-15 season in his first coaching gig. 

Due to his success on the sidelines, he was named one of the Top 15 Coaches In NBA History during the league's 75th Anniversary in 2021.

Alongside this prestigious honor, Kerr was named NBA Coach of the Year in 2016 and had the privilege of coaching the Western Conference All-Stars in the NBA All-Star Game in 2015 and 2017.

Beyond his coaching career, Kerr is distinguished for his 15-season playing tenure in the NBA from 1988 to 2003.

Mainly serving as a sharpshooting point guard, Kerr played for various teams, including the Phoenix Suns, Cleveland Cavaliers, Orlando Magic, Chicago Bulls, and Portland Trail Blazers, and had two stints with the San Antonio Spurs.

As a proficient shooting guard, Kerr was part of the Bulls squads led by Michael Jordan that achieved a three-peat from 1996 to 1998. He secured his fourth consecutive title in 1999 with the Spurs before concluding his playing career on a high note with another championship with San Antonio in 2003.

As one of the NBA's most successful figures, many ask: What will Steve Kerr's net worth be in 2023?

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Steve Kerr's Net Worth 2023: $45 million

The 58-year-old Kerr is worth $45 million as of 2023, according to several reputable sources such as Celebrity Net WorthSportskeeda, and Media Referee.

While details about NBA coaches' salaries are not as widely disclosed as those of players, it is known that the ongoing 2023-24 NBA season marks the final year of Kerr's contract with the Golden State Warriors. 

For this season, he is set to earn $9.5 million from the Bay Area team.

In his initial coaching contract with the Warriors from 2014 to 2019, Kerr earned an annual salary of $5 million. 

Given the trend of record-breaking coaching deals in the NBA during the recent offseason, it is anticipated that Kerr's compensation will see an increase in his next contract.

For reference, Monty Williams secured a six-year deal with the Detroit Pistons worth $78.5 million. In comparison, Gregg Popovich inked a new extension with the San Antonio Spurs valued at $80 million for five years.

Steve Kerr's Wealth

During his playing career, Kerr earned $15,905,000 in NBA salary, as reported by Spotrac. This figure excludes income from endorsement deals and factors in deductions for agent fees, taxes, and other business expenses.

The nine-time NBA champion earned less than $800,000 in each of his first ten seasons in the league, making it a safe bet to assume that he earned most of his wealth after his playing days.

After retiring in 2003, Kerr transitioned into a broadcasting role for TNT's NBA coverage. In the same year, he acquired a minority stake in the Phoenix Suns.

In 2007, Kerr assumed the position of general manager for the Suns. After leaving the organization in 2010, he returned to broadcasting, covering NBA games for TNT until he took on the role of head coach for the Warriors in 2014.

In 2023, Kerr expanded his sports ownership portfolio by acquiring a minority stake in RCD Mallorca, a professional football club in La Liga based in Spain. 

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