Steven Adams Net Worth 2023, Salary, Endorsements, Investments, House and more

June 2024 · 5 minute read
Steven Adams. Picture Courtesy/Adams Instagram account

Steven Adams is not just one of the towering figures on the NBA court but also a significant presence in the sport’s global fanbase. Steven was born on July 20, 1993, in Rotorua, New Zealand.

Son of an English father, Sid Adams, and a Tongan mother, Lilika Ngauamo, Steven’s lineage is as diverse as his skill set on the court. Steven Adams grew up in a family of 18 siblings. So, it's no wonder that competitiveness and grit became second nature to him. His father, a former Royal Navy serviceman, and his mother, a proud Tongan.

NameSteven Adams
Net Worth$30 million
Age30 years
ResidenceWellington
PositionCenter
Marital StatusNo
Source of WealthBasketball Player
Salary$12,600,000
EndorsementsAdidas, New Balance, Powerade and Anheuser Busch InBev
Endorsement Earnings$3 million

Steven Adams Net Worth 2023

Navigating the high-octane world of professional basketball, Steven Adams has not only showcased exceptional prowess on the court but also an astute sense for financial growth. With an impressive net worth estimated around $30 million, Adams stands as one of the prominent figures when it comes to wealth accumulation among NBA players.

The core of this colossal amount can be attributed to his successful tenure as a professional basketball player. Each game, each dunk, and every strategic move on the court has not only added to his team's score but also to his growing financial stature. Yet, his earnings extend far beyond the confines of the basketball court.

Branching out into the lucrative world of endorsements, Adams has lent his image and credibility to global brands, aligning himself with the likes of Nike, Pepsi, and Panini America. Such endorsements have not only expanded his brand presence but also significantly augmented his earnings. But what truly sets Adams apart is his commitment to giving back. Through charitable avenues such as the Steven Adams Youth Academy, he has channeled his success towards providing underprivileged children in New Zealand with invaluable opportunities in sports and education.

His fiscal responsibility is further evident in his investment choices. Adams’ portfolio boasts multiple properties and a diverse range of assets, reflecting his knack for wise investment decisions. In a world where extravagant lifestyles are often the norm for high-earning athletes, Adams’ frugality stands out. He remains rooted, opting for simplicity and ensuring long-term financial security for himself and his loved ones.

In essence, Steven Adams is not just a beacon for aspiring basketball players but also an inspiration for young individuals aiming to strike a balance between professional success and financial wisdom. He is, without a doubt, one of New Zealand’s finest exports to the NBA, exemplifying excellence both on and off the court.

Steven Adams Salary

The trajectory of Steven Adams' professional basketball journey is remarkably illustrated in his evolving NBA contracts. Adams signed a extension with the Memphis Grizzlies, a deal that cements his invaluable presence in the team. This contract was of $25,000,000, assures him an average annual salary of $12,600,000.

However, a glance back at the nascent stages of his NBA journey reveals a humbler beginning. His first contract ($9,695,397) might seem modest as of his latest contract. Later in 2016, Adams signed a $100 million contract with Oklahoma City Thunder for four years.

Adams' career is a testament to consistent growth, commitment, and an unwavering drive to achieve basketball excellence.

Steven Adams Endorsements

New Zealand's basketball sensation, Steven Adams, has extended his dominance from the court to the world of endorsements. Accumulating over $3 million from deals with industry giants, his association began with Adidas in 2013, showcasing iconic lines like the Adidas D Rose and Pro Bounce. His evolving brand appeal is evident in his recent shift to New Balance, where he frequently sports the Two Wxy V3 on-court. Adams' endorsements are a testament to his athletic prowess and marketability, making him a sought-after face for global sports brands.

Steven Adams Investments

NBA sensation Steven Adams has expanded his investment portfolio by acquiring a 1.44% stake in the New Zealand 'brain drink' company, Ārepa. Drawn to the intriguing science behind the beverage, Adams' investment isn't his first venture into the world of business. With stakes in various agri-tech firms, his proactive approach to Ārepa highlights his interest in innovative products. Co-founder Angus Brown revealed that Adams, always on the lookout for groundbreaking ventures, directly reached out to learn more about Ārepa's offerings.

Steven Adams House

In 2018, Steven Adams made a significant real estate acquisition, purchasing a prime site on Wellington's Centennial Highway for $6.1 million. Registered under Vulcan Trustee (NZ) Limited, the property stands as a testament to Adams' discerning taste. Spanning an expansive 5165 square meters, the estate boasts ample space, further complemented by 17 off-street car parks. This acquisition not only showcases Adams' investment acumen but also reflects his deep-rooted connection to his New Zealand origins.

Steven Adams Charity Work

In his native New Zealand, Steven Adams has embraced a pivotal role beyond the NBA courts, bringing basketball closer to the hearts of young Kiwis. Hosting free basketball camps, Adams, the prominent NBA figure from the region, offers children a tangible connection to the league. The OKC Thunder's "gentle giant" is not just committed to the sport; his authenticity shines through in every interaction, evident in heartfelt moments like those with young enthusiasts, such as Ruben, in the Whangarei District camp.

FAQs

Q. What is the net worth of Steven Adams?

A. The net worth of Steven Adams is $30 million in 2023.

Q. What is the height of Steven Adams?

A. The height of Steven Adams is 6 feet 11 inches.

Q. For which NBA team does Steven Adams play?

A. Recently Steven Adams plays for Memphis Grizzlies.

Q. Who is the girlfriend of Steven Adams?

A. Kayla Kiriau from New Zealand is the girlfriend of Steven Adams.

Q. Does Steven Adams have any kids?

A. No, Steven Adams do not have any kids.

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