Steve Kerr Net Worth | Wife

May 2024 · 5 minute read

Steve Kerr Net Worth – $40 million

What is Steve Kerr’s net worth? Who is Steve Kerr’s wife?

Introduction

Steve Kerr is an American professional basketball coach who played 3½ seasons with Jordan in Chicago from 1995 to 1998.

Biography

He was born on September 27, 1965, in Beirut, Lebanon, as Stephen Douglas Kerr.

His father was Malcolm Kerr, a university professor specializing in the Middle East and the Arab world.

In 1988, he earned a degree in general studies from Arizona with an emphasis in English, sociology, and history. Later, he was selected by the Phoenix Suns in the second round of the NBA draft.

In 1989, Kerr was traded to the Cleveland Cavaliers.

Chicago Bulls

In 1993, Steve signed with the Chicago Bulls.

During a 1995 training camp, Kerr was punched in the face by Michael Jordan.

”I was like the kid in Jurassic Park who got attacked by the velociraptor,” he remembered. ”I had no chance. It was just mayhem. We were screaming at each other.”

They reconciled after Jordan apologized to Kerr during a phone call.

”We talked it out, and it was probably, in a weird way, the best thing that I ever did, was stand up for myself with him because he tested everybody he played with, and I stood up to him,” Steve told NBC Sports.

In 1997, the Bulls won the NBA Finals against the Utah Jazz. Steve hit the winning shot after receiving a pass from Michael Jordan at the NBA finals game six against the Utah Jazz.

”It’s almost impossible to describe the impact he made on the league itself,” Kerr said about Michael Jordan in an interview with ESPN in March 2020. He went on to say: ”Because had I never played with Michael, honestly, I don’t think I would have been offered a contract by the Spurs.”

In January 1999, he was acquired by the San Antonio Spurs. The Spurs won the 1999 NBA Championship against the New York Knicks. 

On July 24, 2001, he was traded to the Portland Trail Blazers. He returned to San Antonio on August 2, 2002. The Spurs won the 2006 NBA championship by beating the New Jersey Nets in the 2003 NBA Finals.

He retired after the 2003 NBA Finals. Later, Steve became a broadcast analyst for TNT.

In 2007, Kerr was appointed the general manager of the Phoenix Suns. 

Golden State Warriors

On May 14, 2014, he became the head coach of the Golden State Warriors. He started his coaching career with a 19–2 record.

Steve Kerr Net Worth

© Getty Images

Golden State Warriors won the 2017 NBA Finals by defeating Cleveland Cavaliers four games to one. This was the Warriors’ third consecutive trip to the NBA Finals.

”It’s one of the things I felt strongly about when I first coached the Warriors,” Kerr said for NBA. He added: ”I wanted to be fiercely competitive, but in doing so, I wanted the players to feel a sense of joy when they walked into the building every day.”

The Warriors won the 2018 NBA Finals against Cleveland Cavaliers (4-0). Kevin Durant was named NBA Finals MVP for the second straight year.

In 2020, Kerr appeared on The Last Dance, a sports documentary miniseries co-produced by Netflix and ESPN Films.

Wife

On September 15, 1990, Steve Kerr married Margot Kerr.

Steve Kerr and wife Margot Kerr

© Getty Images

Kerr and his wife first met when they were both sophomores at the University of Arizona after Bruce Fraser set them up on a blind date.

Children

The couple has three children – Nicholas, Matthew, and Madeleine. 

In 2013, Madeleine made the All-Pac-12 freshman first team.

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Height

6′ 3″ (1.91 m)

Quotes

”Don’t think shoot. Soon as you start thinking, you miss.”

”I remember Michael dribbling at the top of the key. Everybody knew to just get the hell out of his way.”

”The future is coming so fast, we can’t possibly predict it; we can only learn to respond quickly.”

Trivia

@Getty

His coaching mentors are Lute Olson, Phil Jackson, and Gregg Popovich.

He appeared on Shut Up and Dribble, 60 Minutes, Mike & Mike, Rush Brothers, Open Court, Pardon the Interruption, Last Call with Carson Daly, and The Tonight Show with Jay Leno.

He was a regular contributor to the website Grantland.

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Steve Kerr – Net Worth & Salary

So, how much is Steve Kerr worth?

Kerr earned most of his wealth from playing professional basketball for San Antonio Spurs, Portland Trail Blazers, Chicago Bulls, Orlando Magic, Cleveland Cavaliers, and Phoenix Suns.

He earned five championship rings – two with San Antonio Spurs (1999 and 2003) and three with the Chicago Bulls (1996, 1997, and 1998). As a player, Steve earned over $15 million.

Since 2014, Kerr is the head coach for the Golden State Warriors. As a coach, Kerr earned more than $25 million. Steve Kerr’s annual salary at Golden State Warriors is $5 million.

He also worked as a broadcast analyst for Turner Network Television as well as a general manager for the Phoenix Suns.

In 2018, Steve bought a 4,000-square-foot home in Presidio Heights for $7.35 million. The seller was the Patricia Christina Hellman Trust. The house was listed at $5.7 million.

Therefore, Steve Kerr has an estimated net worth of $40 million.

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