Kevin Durant Lifetime Shoe Deal And It’s Effect On His Net Worth

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For several years, Kevin Durant amassed a staggering $26 million annually from his shoe deal with Nike.

When coupled with his $42 million NBA salary, his combined earnings from these two sources exceeded an astounding $77 million each year.

Kevin Durant Shoe Deal
Kevin Durant Shoe Deal (Source: CNN)

In April 2023, Durant accomplished a historic feat by becoming the third player in NBA history to secure a lifetime contract with Nike, joining the esteemed ranks of Michael Jordan and LeBron James.

Having fostered a longstanding relationship with the company since 2007, the 34-year-old athlete has enjoyed a fruitful partnership that has resulted in the release of 15 distinct shoe collections thus far.

Kevin Durant Net Worth

Kevin Durant has amassed a remarkable net worth of $300 million as of 2024.

Renowned for his prowess both on and off the court, Durant stands among the highest-paid athletes in the world.

With an annual NBA salary of $42 million, he ranks among the top five highest-earning players in the league.

So far, the Suns forward has earned more than $350 million from his NBA salary alone. And at the conclusion of his ongoing contract, he will have made more than $499,843,653.

Kevin Durant For Suns
Kevin Durant For Suns (Source: Bright Side Of The Sun)

Additionally, his numerous lucrative endorsement deals enable him to earn tens of millions more annually.

During the period spanning from June 2019 to June 2020, Durant’s diverse endeavors garnered him a substantial income of $65 million.

Following a successful stint with the Golden State Warriors, Durant inked a lucrative four-year, $164 million contract with the Brooklyn Nets in 2019.

Beyond his basketball career, he actively engages in the realm of technology investment, boasting an impressive portfolio of over 40 early-stage technology investments.

Endorsement & Investments

In addition to his basketball career, Kevin Durant’s off-court ventures have proven to be highly lucrative, earning him a substantial $36 million through endorsement deals with renowned companies such as Gatorade, Nike, Degree, and others.

In a typical year, Durant’s total earnings amount to around $77 million, with $42 million stemming from his salary and an impressive $35 million derived from endorsement partnerships.

Beyond his athletic and endorsement pursuits, Durant has demonstrated a keen eye for investment opportunities.

Kevin Durant Shoe Nike
Kevin Durant Shoe Nike (Source: Nike)

He has strategically invested in various ventures, holding stakes in notable companies such as Postmates and the investment app Acorns.

Furthermore, Durant’s influence extends to the media realm, as his media company has secured production deals with esteemed entities, including Fox, ESPN, Apple, and Showtime.

This diversification of his portfolio highlights Durant’s astute business acumen and his ability to make a significant impact in multiple industries.

Pranaya Poudel
Pranaya Poudel
Stargazer, & Rock n' Roller I Pranaya Poudel, am a content writer and editor for Coffee lover and kind of a loner. Favorite Teams: Milwaukee Bucks (NBA), Kansas City Chiefs (NFL) Favorite Players: Giannis Antetokounmpo, James Harden & Patrick Mahomes FYI I believe in Alien!!!

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