Kevin Garnett, a retired NBA player turned professional in 1995, played for 21 seasons until 2016 with NBA franchise teams: Minnesota Timberwolves, Boston Celtics & Brooklyn Nets.
At the time of retirement in 2016, Garnett was considered the highest player in the NBA history, with total on-field career earnings of $334.304 million.
With the Celtics, Kevin became the 2008 NBA Champion; furthermore, his achievements include 2004 NBA MVP & 15-time All-Star. Famous with the nickname The Big Ticket, Garnett is the only NBA star to record 25,000 points, 10,000 rebounds, 5,000 assists, 1,500 steals & 1,500 blocks.
How Much Is Kevin Garnett’s Net Worth In 2020?
According to Celebrity Net Worth, the 43-year-old retired NBA star has a net worth of $120 million as of April 2020.
Back in September 2016, Kevin Garnett was estimated to have a fortune of $190 million, while The Richest stated his worth at $180 million in 2018.
Indeed, the massive contracts & salary from the NBA career grabbed him a hefty sum. Furthermore, his off-court ventures aided his earnings; from endorsements with Anta Sports Products & Zico, Kevin made $5 million a year.
The 5th overall pick of Minnesota Timberwolves in the 1995 NBA Draft, Garnett played for the team for 12 seasons (1995- 2006).
Later, he was traded to Boston Celtics (2007- 2012, 6 seasons) & then to Brooklyn Nets (1 season, 2013- 2014).
Kevin returned to the Timberwolves in February 2015 (2014 Season) & played until retirement on September 23, 2016.
Quick Query: Which Jersey No. Kevin Wore?
The power forward/center wore the jersey numbers: 21, 5, & 2.
Is Highest-Earning NBA Player Of All-Time
With 21 seasons in the NBA, Kevin made career earnings of $334,304,240 – it includes $325.886 million from salary alone.
As per Sportrac (in 2020), Garnett is considered #1 among the highest-earning NBA players of all-time, the rest of Top-4 earners include Kobe Bryant (#2, $323.312 million), LeBron James (#3, $306.984 million) & Shaquille O’Neal (#4, $286.344 million).
Reportedly, his richest NBA contract was the 6-year-deal valued at $126.0163 million, signed on October 1, 1997, with Minnesota Timberwolves.
The Greenville, South Carolina-born NBA player earned his career-high salary during the 2003- 2004 season with a value of $28 million.
Did you know? Kevin Garnett was a member of the United States National Team in 2000 Summer Olympics & won a gold medal in FIBA (his first & only appearance in FIBA). He averaged 10.8 points, 9.1 rebounds and 2.1 assists per game.
Contracts Signed & Salary From NBA Teams
While attending Mauldin High School in Mauldin, Kevin got wide recognition for his prominent basketball play & later, enrolled at the Farragut Career Academy in Chicago.
Then on June 28, 1995, Garnett became Round 1 (5th overall pick) of the Minnesota Timberwolves in the 1995 NBA Draft.
Soon, after, the NBA player singed his first-ever NBA contract with the team on October 2, 1995; it was a 3-year deal valued at $5.39712 million.
Thereafter, following his stints in other NBA teams: Boston Celtics & Brooklyn Nets, Kevin returned to Minnesota Timberwolves and signed a 2-year $16.5 million contract on July 9, 2015, and retired a year later.
Here is the list of Kevin Garnett’s contracts in NBA:
|Minnesota Timberwolves||3-year contract (on October 2, 1995)||$5.39712 million|
|6-year deal (October 1, 1997)||$126.0163 million|
|5-year contract extension (October 1, 2003)||$100 million|
|Veteran extension for 3 years (on July 31, 2007)||$51.3 million|
|Traded to Boston Celtics on July 31, 2007, in exchange for 2009 Round 1 draft pick & players: Ryan Gomes, Gerald Green, Al Jefferson, & Sebastian Telfair|
|Boston Celtics||3-year contract (on July 14, 2012)||$36 million|
|Traded to Brooklyn Nets on July 12, 2013|
|Traded to Minnesota after a season on February 19, 2015|
|Minnesota Timberwolves||2-year contract (on July 9, 2015)||$16.5 million|
|Waived by the Timberwolves & retired from NBA on September 23, 2016|
Earnings From NBA: Salary & Bonuses
Salary From Minnesota Timberwolves
|1995- 1996||$1.622 million|
|1996- 1997||$1.666 million|
|1997- 1998||$2.109 million|
|1998- 1999||$8.536 million|
|1999- 2000||$16.806 million|
|2000- 2001||$19.61 million|
|2001- 2002||$22.4 million|
|2002- 2003||$25.2 million|
|2003- 2004||$28 million|
|2004- 2005||$16 million|
|2005- 2006||$18 million|
|2006- 2007||$21 million|
|2007- 2008 (no salary as he traded to Celtics)||$8,417,829 (value of trade kicker)|
|Returned to Minnesota Timberwolves in 2015|
|2014- 2015||$12 million|
|2015- 2016||$8.5 million|
|2016- 2017||$8 million|
From Boston Celtics
|2007- 2008||$22 million|
|2008- 2009||$23 million|
|2009- 2010||$14.665 million|
|2010- 2011||$17.08 million|
|2011- 2012||$15.691 million|
|2012- 2013||$11.566 million|
From Brooklyn Nets
Interesting Fact: Throughout his career, Kevin Garnett paid $339,561 in fines, that includes his highest-ever fine of $109,091 for headbutting Dwight Howard, while playing for the Nets, against the Rockets.
What Are Kevin’s Major NBA Achievements?
While Garnett retired from the NBA in 2016, he already set many records; the NBA star was the first player to win NBA Player of the Month Award for 4 times in single-season (2003- 2004).
Moreover, the 6 ft. 11 inches tall basketball player is the only NBA player averaging 20 points, 10 rebounds and 4 assists per game throughout 9 consecutive seasons.
His career stats read:
- Points- 26, 071 (17.8 PPG)
- Rebounds- 14, 662 (10 RPG)
- Assists- 5, 445 (3.7 APG)
After retirement from playing career in NBA, Kevin joined the TNT’s Inside the NBA in October 2016 & briefly, hosted his own segment named Area 21.
Also, he worked in the 2019 crime-thriller film Uncut Gems starring Adam Sandler and Idina Menzel; the movie grossed $50 million over the budget of $19 million.
Residence & Properties Ownership
Currently, Kevin Garnett lives in his house in Long Lake, Minnesota; he bought the 11,000-sq. ft. property in late 2006 for $6.45 million.
Formerly, when the NBA star owned a house in Wayzata, Minnesota.
According to Variety, in October 2018, he put his still-under-construction mansion in Malibu for sale, asking $20 million. Kevin had bought the 8,000-sq. ft. residence in 2003 for $6.4 million & later called for renovation to expand at 11,000 sq. ft.
However, the sales report of the property never became official.
Furthermore, as reported, the NBA star has another house in Malibu, California, bought in 1997 for $3.595 million.
Sold Boston-Area House For Loss Of Nearly $1 Million
In October 2013, Kevin kept his house in Concord, Massachusetts in the market with a tag of $4.85 million. Later, the 5-bedroom & 5-bathroom house was sold in June 2014 for a reported $3.635 million.
It reportedly had price cuts for 3 times that totaled $851,000, before the sales.
As for a fact, Garnett took around $0.99 million loss, as he had acquired the property in September 2007 for $4.625 million.
Lawsuit Against Account For Fraud Of $77 Million
In September 2018, the now-retired NBA star filed a lawsuit against his accountant Michael Wertheim & the latter’s firm Welenken CPAs.
In the lawsuit, Kevin claims that his accountant didn’t tally his bank records, even after the NBA player’s wealth manager Charles Banks IV defrauded him $77 million.
As per Forbes, Banks, in 2016, faced 4 years in federal prison after defrauding $6 million to NBA player Tim Duncan.
Kevin Garnett claims that Wertheim & Banks jointly worked in the fraud as they limited him to his own money; they stated Kevin was in financial trouble when he asked to withdraw $40,000, but at the same time, Banks withdrew $2 million from Kevin’s account.
Short-Bio: Family, Education & Married Life
Kevin Maurice Garnett was born on May 19, 1976, in Mauldin, South Carolina, the USA. He is 2nd of 3 children of Shirley Garnett and O’Lewis McCullough; as for a fact, Kevin’s parents never married & split shortly after his birth.
Along with 2 sisters: Sonya and Ashley, Garnett was raised by his mother & step-father Ernest Irby. Also, he has a half-brother Louis McCullough, a former basketball player.
After attending Mauldin High School, Garnett later transferred to Farragut Career Academy for senior high school.
Father Of 2 With Estranged Wife
Kevin married his longtime girlfriend-turned-wife Brandi Padilla in July 2004 in a private ceremony in California. Together, they became parents to 2 daughters: Kapri and Kavalli.
However, after 14 years of marriage, Brandi filed for divorce in July 2018.
As per court documents, Garnett’s wife demands for custody of both children & even more seeks spousal support.
As of April 2020, the divorce is yet to be finalized. Meanwhile, Kevin Garnett is allegedly single.