What is Kevin Love’s net worth, career earnings, and salary?

What is Kevin Love’s net worth, career earnings, and salary?

Grace Waruguru
updated at July 19, 2023 at 3:58 PM

Curious online fans have been eager to discover Kevin Love's net worth. The talented power forward joined the NBA in 2008. Besides sports, Love has appeared on several TV shows and is a successful entrepreneur. Read on to find out the player's financial worth in 2023.

Kevin Love net worth
Kevin Love joined the Miami Heat franchise in February 2023. Photo: Maddie Meyer
Source: Getty Images

Kevin took up his passion for basketball from his father, Stan Love, who played for teams like the San Antonio Spurs, Boston Celtics, and the Los Angeles Lakers. He was among the top-ranked high school and university players and is remembered for his impressive shooting skills. His salary and financial value have increased over the years thanks to his consistent growth. What is Kevin Love's net worth?

Kevin Love's profile summary

Full name

Kevin Wesley Love

Age

34 years old (as of 2023)

Date of birth

September 7, 1988

Nickname

K-Love, The Beach Boy, Lil Kev

Zodiac sign

Virgo

Place of birth

Santa Monica, California, USA

Nationality

American

Ethnicity

White

Parents

Karen Love, Stan Love

Siblings

Emily Love, Colin Love

Marital status

Married

Spouse

Kate Bock

Children

1

Height

5 feet, 10 inches

Weight

114kgs

Hair colour

Dark brown

Eye colour

Blue

Education

University of California, Los Angeles (UCLA)

Profession

Professional basketball player, entrepreneur

Position

Power forward

Net worth

$100 million

Social media presence

Instagram, Twitter, Facebook

Kevin Love's net worth

Kevin Love net worth 2023
Kevin Love has an estimated net worth of $100 million. Photo: Megan Briggs
Source: Getty Images

According to Celebrity Net Worth, Kevin Love's net worth in 2023 is $100 million. This is the sum of the athlete's salary, endorsements, business ventures, and assets.

Kevin Love's career earnings

Love's career has grown significantly since joining the league in 2008. After being drafted by the Memphis Grizzlies, he was immediately traded to the Minnesota Wolves. He played with the franchise for six years before leaving to join the Cleveland Cavaliers in 2014. In 2023, the Santa Monica native joined Miami Heat as a power forward.

Since his professional debut, Love's salary has increased progressively. Here is Kevin Love's salary by year from 2008 to 2016, per Richest.com:

  • 2008 - Minnesota Wolves $3,163,680
  • 2009 - Minnesota Wolves - $3,401,040
  • 2010 - Minnesota Wolves - $3,638,280
  • 2011 - Minnesota Wolves - $4,609,704
  • 2012 - Minnesota Wolves - $13,668,750
  • 2013 - Minnesota Wolves - $14,693,906
  • 2014 - Minnesota Wolves - $15,719,063
  • 2015 - Cleveland Cavaliers - $19,689,000
  • 2016 - Cleveland Cavaliers - $21,165,675

How much does Kevin Love make?

Kevin Love career earnings
Kevin Love joined the NBA in 2008 with the Memphis Grizzlies. Photo: Issac Baldizon
Source: Getty Images

Several online sources have stated that Kevin Love's annual salary in 2023 is approximately $30 million. After playing with the Wolves for four years, Kevin signed a 4-year contract extension worth $60,800,000. He later joined the Cleveland Cavaliers after signing a five-year contract worth $113,200,000.

How much is Kevin Love's contract worth?

In February 2023, the American player signed a two-year contract with Miami Heat. According to Bleacherreport.com, the two parties agreed to a $3.1 million salary for the remainder of the 2022/2023 season. He had an outstanding amount of $8.5 million from his contract with the Cavaliers.

According to Sportrac.com, Kevin Love will earn an average salary of $3,835,738 in the 2023/2024 season. The following year, he will earn an estimated $4,027,525. Additionally, the contract stipulates that Love cannot be traded until December 15, 2023.

Kevin Love's endorsements

Kevin Love endorsements
Kevin Love has worked with brands like Nike and Subway Sandwiches. Photo: Nathaniel S. Butler
Source: Getty Images

The five-time NBA All-Star has worked with several brands throughout his professional career. In 2011, he signed a deal with 361 Degrees, a leading Chinese sportswear brand. In the lucrative deal, whose financial details are not public, the brand designed an exclusive shoe (Kevin Love 1).

In 2018, the player partnered with Banana Republic to launch his men's designer clothing line. The line includes jerseys, jackets, shorts, and sports accessories that men can mix and match for a unique look. Love has also worked with Subway Sandwiches and Nike and has been featured in several TV commercials.

Kevin Love's house

Part of NBA's Kevin Love's net worth is his real estate ventures. The Miami Heat power forward owns a one-acre rental property in Amagansett. The seven-bedroomed beach house is made of wood and has a unique, modern design. The structure was built in 2018 and sits across 6,100 square feet.

Kevin Love and his wife, Kate Bock, live in Cleveland, Ohio. The five-bedroomed mansion cost him $1.25 million in 2015. Some of the amenities of the three-level palatial home include coffered ceilings, Turkish limestone floors, and an elevator. Love also has a luxury apartment in Waterfront, Tribeca, New York City.

Kevin Love's background

Kevin Love annual salary
Kevin Love earns an annual salary of approximately $30 million. Photo: Jim Poorten
Source: Getty Images

Kevin attended Lake Oswego High School, leading the Lake Oswego Lakers to the 2005 state championship. He was named the Gatorade National Male Athlete of the Year and was the all-time top scorer with 2,628 points. He later joined the University of California, Los Angeles, where he played for the UCLA Bruins. In 2007/2008, he won the Pac-10 Player of the Year.

The athlete also took a degree in Psychology from the University of Memphis. In 2016, he won the NBA championship with Cleveland Cavaliers. He won the NBA All-Star in 2011, 2012, 2014, 2017, and 2018. Love is married to Kate Bock, and they have one child together.

What is Kevin Love's net worth? The renowned player is widely known as LeBron James' partner. Together with Kyrie Irving, the trio made an excellent tag team for the Cleveland Cavaliers' 2015 championship. Fans can expect more from this power forward and philanthropist whose thriving career is at its peak.

READ ALSO: What is the role of a power forward in basketball?

Sports Brief published a story about the role a power forward plays in a basketball team. In the past, players were expected to master one or two roles, but today, they are encouraged to learn as many positions as possible. The power forward is one of the essential roles on the court.

Renowned power forwards include Kevin Durant, Tim Duncan, and Tina Charles. These individuals must have rebounding, shooting, and offensive skills to thrive. Check out the above article for a comprehensive role of this position and how it works to attain the team's overall success.

Authors
Grace Waruguru photo
Grace Waruguru
Grace has over 4 years of experience in article writing and digital media content creation for various local and global brands. She holds a Bachelor's degree in Communication (Public Relations) from Daystar University, Kenya.