As of 2024, an American professional basketball player for the Houston Rockets of the National Basketball Association (NBA), Kevin Porter Jr. net worth is estimated to be around $2 million.
Kevin has earned his fortune from his successful NBA career and brand endorsement deals.
He made a name for himself on the college basketball court as a standout player for the USC Trojans.
Porter’s exceptional skills and talent were evident from the start, earning him a coveted five-star recruit status according to respected recruiting services such as 247Sports and Rivals, while ESPN bestowed him with a still impressive four-star rating.
Hailing from Washington, he was the top-ranked player in the 2018 class from his state, attracting offers from NCAA Division I programs like UCLA, Oregon, and Washington.
Ultimately, Porter committed to the USC Trojans, where he embarked on an impressive collegiate career.
The next chapter in Porter’s journey took place during the 2019 NBA Draft, where he was chosen as the 30th overall pick by the Milwaukee Bucks.
Kevin Porter Jr. Net Worth And Career Earnings
The Houston Rockets guard Kevin Porter Jr. net worth as of 2024 is estimated to be around $2 million.
According to Spotrac, Kevin so far has earned $8 million from his NBA salaries alone.
Over the course of five seasons in the league, he has made $1.6 million from the Cavaliers and $6.35 million from the Rockets.
By the time his ongoing contract with the Rockets ends, he will have made $71.44 million just from the NBA.
Drafted by the Bucks in the 2019 NBA Draft, he was traded to the Cavaliers via the Detroit Pistons.
On July 3, 2019, the Cleveland Cavaliers announced they had signed Porter.
Contracts
On July 3, 2019, Kevin penned a four-year, $8.01 million rookie scale contract with Cleveland.
The contract came with a $3 million guaranteed at the sign and a $2 million average annual salary.
On December 23, 2020, Cleveland (CLE) exercised a $1.78 million option for 2021-22.
On October 17, 2022, he inked a four-year $63.44 million rookie contract extension with Houston.
This contract includes $15.86 million guaranteed and an annual average salary of $15.86 million.
In 2023-24, Porter Jr. will earn a base salary of $15.86 million.
Assault Charge
Troubling news emerged on a Monday morning as Kevin Porter Jr. found himself entangled in a legal predicament.
He was arrested and now faces charges of assault and strangulation stemming from an unsettling incident that unfolded at a New York hotel.
A spokesperson from the New York City Police Department has officially confirmed these charges.
The alarming incident came to light after a 911 call was placed, reporting an assault at 6:45 a.m., prompting a swift response from the authorities.
Kevin, a 23-year-old professional athlete, was taken into custody following a comprehensive investigation.
Sources closely connected to the case have disclosed that he is confronting two felony charges, though specific details concerning the altercation have not been made public.
Moreover, sources with knowledge of the situation have indicated that the incident involved Porter’s girlfriend, Kysre Gondrezick, a former WNBA player, adding a layer of complexity to this unfortunate turn of events.
Kevin Porter Jr. Net Worth | Potential Suspension & Fine
The Houston Rockets find themselves in a challenging position following the recent incident involving Kevin Porter Jr.
However, it’s essential to clarify that the Rockets do not possess the authority to impose any disciplinary actions on Porter until the NBA concludes its thorough investigation.
Under the league’s domestic violence policy, NBA Commissioner Adam Silver has exercised his prerogative by placing Porter on administrative leave with pay.
The duration of this leave is contingent upon the case’s specific circumstances. This demonstrates the league’s commitment to ensuring a fair and just process.
Should Porter be found guilty of violating the domestic violence policy, Commissioner Silver retains a range of options at his disposal.
These options encompass the imposition of fines, suspensions, dismissal, or even disqualification from any further involvement with the league and its affiliated teams.
Kevin’s situation is undeniably intricate, given the backdrop of his recent four-year contract extension, valued at potentially up to $63.44 million, which he signed just last season.
However, it’s important to note that the contract, in part, carries only partial guarantees owing to Porter’s history of off-court incidents.
In the event that the Rockets opt to part ways with Porter based on the outcomes of this ongoing investigation or a potential criminal conviction, the franchise would be obligated to cover solely the remaining $15.86 million in guaranteed compensation outlined in his contract.
