Jason Kidd, a name that rings a bell for basketball lovers, has had an impressive career both as a player and coach. His long journey in the NBA has earned him not just fame, but also significant fortune. Let’s dive into Jason Kidd’s net worth and explore how he made his money.
Early Life and Career
Born on March 23, 1973, in San Francisco, California, Jason Frederick Kidd quickly showed a talent for basketball. He played for St. Joseph Notre Dame High School, where he became a high school star. Kidd then moved on to play college basketball at the University of California, Berkeley. After two successful seasons, he entered the NBA Draft in 1994. This marked the beginning of Jason Kidd’s financial journey.
Entry to the NBA and Rookie Contract
In 1994, Jason Kidd was the second overall pick in the NBA Draft. The Dallas Mavericks selected him, and he immediately showed his skills. His first contract was a solid start for his career, as he earned millions in just his rookie deal. Kidd was named Co-Rookie of the Year in his debut season, sharing the award with Grant Hill.
The salary from his early NBA days set the foundation for his growing net worth. While the exact figure of his first contract isn’t publicly available, rookie contracts in the 90s were still quite generous for top picks.
NBA Success and Major Contracts
Jason Kidd’s skills on the court made him one of the best point guards of all time. He played for multiple teams during his career, including the Dallas Mavericks, Phoenix Suns, New Jersey Nets, and New York Knicks. Each team paid him handsomely for his contributions.
Kidd signed a few significant contracts during his time in the NBA. One of the largest came in 2003 when he re-signed with the New Jersey Nets for a six-year, $103 million deal. This contract, combined with endorsements and other deals, added a significant chunk to Jason Kidd’s net worth.
NBA Earnings
Over his 19-season career in the NBA, Jason Kidd’s total salary earnings were around $187 million. This does not include his income from endorsements, coaching, and other ventures. Throughout his time as a player, his salary steadily grew, especially as he became a key figure on the teams he played for.
Endorsements and Business Ventures
Like many NBA stars, Jason Kidd also had several endorsement deals that added to his wealth. Companies like Nike and Pepsi signed deals with him during his career. These endorsements helped boost his earnings beyond his basketball salary. While the exact numbers are not public, it’s safe to say that Kidd made millions from these partnerships.
In addition to endorsements, Kidd has invested in various business ventures. He’s known to have a keen interest in real estate. His investments have only grown his net worth over the years. Kidd owns luxury properties, which increase his wealth and give him solid financial security post-retirement.
Coaching Career
After retiring from playing in 2013, Jason Kidd quickly transitioned to coaching. He started as the head coach for the Brooklyn Nets and later moved to coach the Milwaukee Bucks. Coaching has also provided Jason with another stream of income.
Kidd’s coaching contracts have been lucrative, and although they don’t match his NBA player salary, they still add millions to his total earnings. Currently, Jason Kidd is the head coach of the Dallas Mavericks, further solidifying his place in basketball history and adding more to his wealth.
Jason Kidd’s Net Worth in 2024
As of 2024, Jason Kidd’s net worth is estimated to be around $85 million. This wealth has come from a combination of his NBA salary, endorsements, coaching, and business investments. His real estate holdings and smart financial choices have kept him wealthy even after his playing days.
Breakdown of Jason Kidd’s Net Worth:
- NBA Career Earnings: $187 million (over 19 years)
- Endorsements: Estimated to be in the millions
- Coaching Salary: Around $5-7 million per year as the Dallas Mavericks’ head coach
- Investments: Includes luxury properties and business ventures
Legacy and Lifestyle
Jason Kidd has not only made money, but he also enjoys a comfortable lifestyle. He owns luxury homes in California and Dallas. His expensive cars and love for high-end brands show that he lives lavishly. Despite his wealth, Kidd is known for being a family man and spending time with his children.
Jason Kidd’s journey from a star player to a successful coach and businessman is remarkable. His story is a perfect example of how hard work and smart decisions can lead to wealth, even after leaving the court.
With a net worth of $85 million, Jason Kidd remains one of the most successful and wealthy figures in basketball history.
