Celebrity
Steven Adams Net Worth
Steven Adams is often admired for his athletic ability and fair play attitude.
Steven Adams is a 30-year-old veteran basketball player who plays for the Memphis Grizzlies in the National Basketball Association and NBA. He was drafted in the 2013 NBA draft as the 12th overall pick by the Oklahoma City Thunder.
Immediately after his debut, he impressed the coaches and fans of the team, making him the team’s first name for six consecutive seasons. He also played his NBA career basketball for the New York Pelicans before moving to the Grizzlies, where he became one of the highest-paid superstars.
Over the years, his fan base, fortune, income, and net worth have increased along with his brand deals and endorsements.
If you are also a fan of the basketball superstar and want to know more about his career, earnings, assets, and the financial aspects of his life in more detail, then you have come to the right place.
Steven Adams’ net worth, salary, and endorsements
As of 2023, Adams’ net worth is estimated to be approximately $30 million. His primary source of income is from a fairly successful basketball career, as he plays quite an important role for the Memphis Grizzlies.
Ever since making his debut in 2013, every year, he has improved his game and helped his team win several matches and tournaments, which has built up his reputation and increased his fanbase and fame.
Steven Adams’ net worth (Credit: Instagram)
He has signed a contract worth up to $25 million, whereas his annual salary accumulates up to $12.6 million. The contract is among the highest paid for any basketball player who has impressive skill and impeccable experience and can win the matches on their own.
He has come a long way from his initial debut in 2013, as he already has over ten years of experience at a very high level. When he debuted with the Oklahoma City Thunder, he signed a rookie contract worth just $9 million.
At the time, he received an annual salary of just over $500,000 and remained on performance- and appearance-related bonuses. After impressing the coaches and fans for three years, he resigned with the Thunders for four years, signing a lucrative contract worth $100 million.
The gradual increment in the amount on his contract shows the gradual progression of his basketball skills and how he was valued as one of the key members.
Apart from making money from his salary, he has also earned significantly from various brand deals over the years. In 2013, he signed a brand deal with Adidas, making him the young and promising face of the brand, which was worth $3 million.
Furthermore, he has also signed brand deals with New Balance, Pepsi, Panini America, and, lately, the iconic brand Nike.
Steven Adams’ assets, expenses, and investments
Adams is among the highest-earning basketball players in the NBA, with several millions in income and a very high net worth. In 2013, he signed a lucrative $100 million deal; a few years later, he signed a $50 million deal for two years.
Over the years, he has smartly spent his earnings on many assets and properties. In 2018, he made his first-ever real estate purchase, a vast mansion that cost him over $6 million. The site was located on Wellington’s Centennial Highway in New Zealand.
The mansion spreads across a vast 5600 sq. ft. of land, containing 17 car parks to contain all the vehicles and automobiles he and his family currently own. He also owns penthouses and condos in other parts of the country, along with more properties in the USA and even the UK.
Apart from revealing the cost of his mansion in New Zealand, he is not particularly interested in showing all the other assets he currently owns. In terms of his expenses, he has revealed what he first purchased after earning $100 million from the contract deal.
In an interview, he revealed that he purchased a new cell phone immediately after signing a contract. However, he clarified that he was not interested in buying a newly released iPhone but was desperate to replace his old, broken cellphone, which he broke during the ice bath.
In terms of his purchases, he has purchased some expensive cars and automobiles but has decided against revealing any of them. Furthermore, his expenses don’t only include spending on assets and properties but also on charity work.
He has launched a new program named “Gentle Giant,” which encourages young children in New Zealand to be involved in basketball. They help the young generation divert away from social media and participate in real sports. For the most talented children, they also cover a portion of their education.
Steven Adams’ early life, parents, and relationship
Steven was born on July 20, 1993, in Rotorua, New Zealand. His father’s name is Sid Adams, he was a Royal Navy veteran. His father married five women and had 18 children.
His father was six ft. 11 inches tall, while his son Steven was just two inches shorter than him. His mother’s name is Lilika Ngauaomo, he worked as a nurse in a hospital in New Zealand.
He has two biological siblings, a brother, and a sister, but not much has been revealed about them. On the other hand, among his fifteen half-siblings, two half-sisters are top-rated athletes.
Their names are Lisa Adams, a Paralympic athlete who won gold in the shot put, and Dame Valerie Adams, a four-time world champion who has won two gold medals in the shot put.
Regarding his relationships, he is currently dating Kayla Kiriau, a professional basketball player. Although there are few details on when they met for the first time, they have known each other for a very long time.
Currently, they are only dating and have not revealed anything about their engagement or marriage. The couple also does not have any children to date.
Conclusion
Hence, Adams is one of the most adored basketball players, primarily for his athleticism and fair play. He has amassed vast wealth and a relatively high net worth from his very successful career that has lasted over ten years at the highest level.