Steve Kerr’s salary and net worth:
Steve Kerr is a former professional basketball player and current NBA coach with a $35 million net worth. Steve spent fourteen seasons in the NBA. He then became a broadcaster and executive with the Phoenix Suns.
In May 2014, he was named head coach of the Golden State Warriors. To date, he has won three NBA Championships with the Warriors. As a player, he won five NBA Championships.
Steve Kerr Salaries and Agreements:
Throughout his career in the NBA, Steve earned $15,8 million. That is equivalent to almost $24 million today. His highest playing pay came during his final season with the San Antonio Spurs, 2002-2003 when he received $2,625,000.
In 2014, when he was hired as the Warriors coach, he signed a five-year, $25 million contract. Five million dollars every season. In July of 2018, he agreed to a contract extension. The conditions were not disclosed, although it is thought that the remuneration was not much different.
Steve Kerr Early Life
Steve Kerr was born in Lebanon on September 27, 1965. Stanley Kerr’s grandfather, Steve, was an American humanitarian who relocated to Beirut to aid rescued women and orphans harmed by the Armenian Genocide.
Malcolm, Steve’s father, initially studied at Princeton but returned to Lebanon to complete his education after suffering from debilitating arthritis.
Malcolm received many postgraduate degrees, including a Ph.D. in Arabic Studies. Malcolm and Ann Zwicker met at the American University of Beirut, both students. Steve was born in 1965, making him the third of four children.
On January 18, 1984, Malcolm was tragically murdered by militant nationalists in Beirut. He was president of the American University of Beirut at the time.
At the time, Steve was a freshman at the University of Arizona and was 18 years old. Later, the family would file a lawsuit against the Iranian government under the Antiterrorism and Effective Death Penalty Act of 1996.
Even though he was not well recruited in high school, Steve went on to have a successful university career. He even earned a position on the United States basketball team that won the 1986 FIBA World Championship.
The 1992 Olympic “Dream Team” consisted of athletes such as Michael Jordan, Charles Barkley, and Magic Johnson since this was the final year when the major Men’s basketball teams were mandated to consist solely of non-professionals.
Steve Kerr NBA Profession:
The Phoenix Suns selected Steve in the second round of the 1988 NBA draft. In 1989, he was dealt with the Cleveland Cavaliers. His greatest accomplishments were during his stint with the Chicago Bills.
He won three straight NBA championships with the Chicago Bulls throughout his career. During their time together, Steve’s teammate Michael Jordan was notoriously tough on him, including punching him during practice. In 1999 and 2003, he won two more Championships with the San Antonio Spurs.
Steve Kerr presently holds the NBA record for the most accurate three-point shot in league history.
Steve Kerr Post NBA Career:
Following the 2003 championship season, Kerr retired. Turner Network Television instantly hired him as a broadcast commentator (TNT). While employed by TNT, he also provided NBA commentary on Yahoo!
Several video games, including NBA Live 06, NBA Live 07, NBA Live 08, NBA Live 09, and NBA Live 10, feature his audio commentary. In 2011, he gave the voice for the NBA 2K12 color commentator.
Kerr joined Jim Nantz and Clark Kellogg to broadcast the First Four and final four games of the NCAA Men’s Division I Basketball Championship for Turner Sports and CBS beginning in 2011.
In 2004, Kerr and investors sought to purchase the Phoenix Suns for $300 million from owner Jerry Colangelo. The agreement was never finalized, but from 2007 to 2010, Steve served as the team’s general manager.
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Steve Kerr Golden State Warriors:
Steve continued to work with the Suns until May 14, 2014, when he was named head coach of the Golden State Warriors. He was heavily courted by several clubs, most notably the Knicks, but ultimately signed with the Warriors for an initial five-year, $25 million contract.
In his first season as a head coach, Steve broke the record for most regular-season victories by a rookie coach.
The Warriors won the NBA championship, which superstar Steph Curry led. In over three decades, Steve was the first NBA rookie coach to win the title in his debut season. The Warriors reached the finals in four consecutive seasons, winning in 2017 and 2018.
Steve Kerr’s Private Life:
Since 1990, Steve has been married to his college sweetheart Margo. Together, they have three children.
Steve Kerr Real Estate:
Steve and Margo purchased a 4,000-square-foot property in San Francisco’s Presidio Heights district for $7.35 million in August 2018. They paid $1,400,000 more than the asking price.