Sports
Kevin Garnett Has Reportedly Been Paid $5M A Year By The NBA’s Boston Celtics Since Retiring In 2016 – Yahoo Finance
Kevin Garnett is still making bank after retiring from the NBA in 2016.
His good fortune first dates back to 1995. Per Bleacher Report, he was drafted as a fifth overall pick in the 1995 Draft to the Minnesota Timberwolves and immediately made his presence known. He helped the team reach the finals for eight consecutive seasons, notes the NBA.
He would go on to play for the Boston Celtics (2007–2013), earning his first and only championship ring.
“I consider Boston one of the pillars of the league,” Garnett said, according to an Instagram post.
His basketball career would then lead him to the Brooklyn Nets (2013–2015) before retiring with with the Timberwolves (2015–2016).
“It has been a real joy to watch KG come into the league as a young man and watch him develop his skills to become one of the very best in the NBA,” Timberwolves owner Glen Taylor said, according to NBA. “I have treasured the opportunity to see him grow as a leader. I wish him continued success in the next chapter of his life. His Minnesota fans will always cherish the memories he has provided.”
Throughout his career he secured several feats including being a 15-time All-Star, winning the 2004 NBA MVP and the 2008 NBA Defensive Player of the Year Award, among other accolades.
He played in the league for 21 seasons and reportedly earned a total of $334.3 million, according to Bleacher Report.
With his time on the court behind him, Garnett is still scoring a slam dunk. NBC Sports mentions that according to two close sources he has been earning $35 million over seven years from the Boston Celtics since his retirement. The hefty payout is from a deferred salary and is set to expire in 2024.
Kevin Garnett retired from the NBA in 2016, but set up his deal with the Celtics so that he’d get paid $5 million every year until 2024.
Smart. 💰 pic.twitter.com/yjRVFuAhEl
— NBA Retweet (@RTNBA) October 10, 2023
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