Steve Kerr Net Worth in 2025
Steve Kerr‘s net worth in 2025 it is 65 million dollars. Kerr is one of those guys who looks like he’s been in the NBA forever. He won five NBA titles as a player and four as a head coach Golden State Warriors. Here’s a look at Steve Kerr’s net worth in 2025.
What is Steve Kerr’s Net Worth in 2025?: $65 Million (Estimated)
From 2025 Steve Kerr worth $65 millionaccording to Celebrity Net Worth. This should just keep climbing after his two-year, $35 million contract extension that makes him the highest-paid coach in NBA history.
This should be it Steve Kerr’s wife Margot Kerr very happy. No wonder they could afford to pay $7.35 million for the mansion in the bay area.
During his playing days, Kerr was really just a hard-working player. He was nowhere near superstar caliber, but there’s no denying that he played a key role for both the Bulls and Spurs during all five championships.
Steve Kerr was drafted by the Suns
It all started in 1988 for Kerr when he was selected 50th overall by the Phoenix Suns. He was coming off a four-year stint in Arizona, where he was average 12.6 points2.0 rebounds and 3.9 assists as a senior. He didn’t exactly win the NBA, and in his first season he actually only earned a $100,000 salary.
Kerr was traded to the Cleveland Cavaliers after his first season and again to the Orlando Magic a few years later. In that three-year period, Kerr made about $500,000 per season.
Steve Kerr signs contract with Bulls
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Kerr entered free agency in 1993, and when the Chicago Bulls came calling, Kerr couldn’t pass up the opportunity to be part of a Bulls dynasty (even though Michael Jordan was on hiatus that season) — even if it meant taking a significant pay cut. This reached a value of just $150,000 in his first season with the Bulls.
Over the next four seasons with the Bulls, Kerr earned a total of $2.92 million. By 1999, Kerr was a three-time NBA champion and a highly sought after player.
Steve Kerr joins Spurs
He agreed to a five-year, $11 million contract with the Spurs. Finally, after a decade in the league, Kerr finally hit the $1 million annual salary mark in his first season with San Antonio.
Kerr spent three years with the Spurs, was traded to the Portland Trail Blazers for one season, and was returned to San Antonio for one final season before calling it quits in 2003. In all, Kerr earned an estimated $15.8 million in 14 years as a player.
Steve Kerr is retiring from the NBA
After retirement, Kerr pursued a career in broadcasting, working as a basketball analyst for TNT. In 2004, he was part of the group that completed the $300 million purchase of the Phoenix Suns from Jerry Coangelo. The deal fell through, but Kerr eventually joined the Suns as part of their front office.
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After three years of serving as a consultant for the team, the Suns named him their new general manager. He stepped down from his role in 2010, but it was reported that he continued to own a small stake in the team until 2014.
It’s unclear how much Kerr could have earned during his time as a broadcaster, team executive and co-owner, but it would certainly be a substantial amount.
Steve Kerr becomes head coach of the Warriors
In 2014, Kerr became one of the most sought-after head coaching candidates despite having no experience. He finally ended up with the Warriors, who signed him to a five-year, $25 million contract. At $5 million per season, he earned much more than he did during his playing days.
Kerr’s success with the Warriors is well documented. When he led the Dubs to their first title in 2015, he became the first rookie coach to lift the title since Pat Riley in 1982. He then led Golden State to a historic 73-win season in 2016, earning him Coach of the Year honors.
However, they lost the NBA Finals that year before winning it the following two seasons.
Steve Kerr signs first extension with Warriors
In 2018, with just one year remaining on his five-year contract with the Warriors, Kerr signed a multi-year extension with the team. This was no small feat for the Warriors, as the head coach was an integral part of the team’s dynasty.
Details of the expansion were never released. however, reports they state that the new contract was worth “at least double” his previous contract. That meant Kerr’s new salary structure was more than $10 million per season.
Kerr led the Warriors back to the NBA Finals, but they lost in six games to the Toronto Raptors. The Dubs then missed the playoffs for the next two seasons before winning their fourth title under Kerr in 2021-22. The Warriors lost in the second round the following season and then missed the playoffs entirely in 2023-24.
In the 2024-25 season, the Warriors are battling injuries to stay on the brink of qualifying for the Play-in Tournament.
Kerr’s latest contract extension surpassed his previous one, making him the highest-paid coach in NBA history. However, were you surprised by Steve Kerr’s net worth in 2025?
2025-01-16 17:20:00