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Home net-worth $170 Million Net Worth of Kevin Durant - All Contracts and $60M Deal With Nike

$170 Million Net Worth of Kevin Durant - All Contracts and $60M Deal With Nike

aisha Published On Thu Apr 16 2020   Modified On Thu Apr 16 2020
$170 Million Net Worth of Kevin Durant - All Contracts and $60M Deal With Nike

One of the basketball legends Kevin Wayne Durant aka Kevin Durant holds a jaw-dropping net worth of $170 Million. Durant with his huge worth is on the list of 20 richest basketball players in the world. 

The Golden State Star, Durant is also a businessman and has created his startup company named Thirty Five Venture. Through his startup he has invested in several tech companies. 

Used To Owns A House Worth $12.15 million 

The NBA star used to owns a mansion in Malibu at Broad Beach worth $12.05 million which has now been listed for $12.15 million. The mansion features in 5,100 square feet of land with amazing features like High ceilings, a fireplace, a home theater, four bedrooms, six bathrooms, and an outdoor spa.

A picture of Kevin Durant Malibu house.
House of Kevin Durant in Malibu that he sold in $12.15 million.
Image Source: Real Estate

Owns A Camaro SS and Ferrari

With his massive net worth, Kevin Durant can buy any cars he likes to ride owns a Chevrolet Camaro SS whose price can range from $34,000 to $37,000. It seems like he likes his Camaro as he painted it in matt red. He also owns a Ferrari which costs $252,800.

Picture of Kevin Durant in his red Ferrari.
Picture of Kevin Durant in his red Ferrari.
Image Source: Celebrity Carz

Durant Company- Thirty Five Venture

Durant created a company named Thirty Five Venture in 2016, and has a official website for it. He has invested in more than forty company, and also runs his foundation Kevin Durant Charity Foundation (KDCF) through the website which he co-founded in 2013. 

Some of his invested companies include Lime, Postmates, Overtime, acorns, and others. In 2018, he invested $41 Million Seed Round - Dutchie, Series C - WHOOP and Series A - Yoshi.

$164 Million Contract

In 2019, Kevin Durant had four years of contract with Brooklyn Nets worth $164 million including a player option in the final year. By the third year of his contract he can can be free agent and sign freely with any club or franchise in 2022, according to his contract.

Kevin Durant in the Brooklyn Nets jersey
Kevin Durant in the Brooklyn Nets jersey with who he had a four yer contract of $164 million.
Image Source: Twitter

Then in 2018, he signed a two-year contract with the Warriors for $61.5 million. Likewise, in 2020, his contract is expiring and the Warriors are now giving a player option to Durant.The player option is a chance to whether they want to stay for another year and play for the team or not.

Signed A Contract Of $60 million With Nike

Durant has signed a ten years of contract with the shoe company, Nike in 2013 worth $60 million. Not only that he would still get $50 million after the retirement according to the contract. Since then he has appeared in several campaigns and ads of Nike. 

Kevin Durant holding Nike shoes in both of his hands.
Kevin Durant holding Nike shoes with whom he had 10-years contract worth $300 million.
Image Source: Sneaker News

Durant has endorsed other companies like Beats, American Family Insurance, Alaska Airlines, Panini and other company he has invested in. In 2018, he earned $32 million alone from his sponsorship and endorsement deals.

Durant's Philantophy Works

In 2013, he contributed $1 million for the Moore tornado victims through the American Red Cross. Then in 2018, Durant donated $3 million to his Alma Mater, the University of Texas for the leadership program of basketball and sports.

Durant also donated $10 million for Prince George's County that will help fund a program called College Track. It's a 10-year program that helps with tutoring, test prep, and college selections. He then raised $38 million with other investors in February 2018, for an esports-only fund named Vision Esports, L.P.

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