How Many NBA Stars is Steve Kerr Out-Earning With Latest Contract?

The Golden State Warriors’ head coach, Steve Kerr, has recently agreed to a two-year contract extension worth $35 million. This new deal solidifies Kerr as the highest-paid head coach in the NBA, receiving an annual salary of $17.5 million. While Gregg Popovich earns more annually, it’s worth noting that he also serves as the president of the San Antonio Spurs.

Following closely is Erik Spoelstra, the Miami Heat’s head coach, who secured the league’s second-highest coaching salary with an annual income of $15 million after signing an eight-year extension earlier in the season.

Kerr’s contract extension aligns with the Warriors’ commitment to their championship core. Stephen Curry, a cornerstone player, is under contract with Golden State until 2026, having signed a historic four-year, $215 million extension in the summer of 2021. This landmark deal made Curry the first player ever to ink two $200 million contracts in his career.

Additionally, Draymond Green is embarking on the first year of his own four-year, $100 million contract, signed during the past summer. This extension enables Kerr to earn more than many superstars in the NBA.

The earning of NBA superstars pale in comparison to Steve Kerr

With this extention Kerr will now be earning more than legit NBA superstars like Anthony Edwards, Austin Reaves, Jordan Clarkson, Lauri Markannen, and 496 other players in the league. Ant man has yearly salary of around $13,534,817 while Markkanen has around $17 million. However it’s less than the Dubs head coach.

Only five Warrior players have a higher annual salary than Kerr – their franchise star Stephen Curry who earns around $51 million yearly. Other stars are Andrew Wiggins, Chris Paul, Green and former Warrior Jordan Poole.

The looming uncertainty revolves around Klay Thompson, who is poised to enter free agency this summer. Despite a recent decline in his performance, the Warriors chose not to trade Thompson before the deadline, expressing a willingness to bring him back, albeit potentially at a salary lower than what he could command elsewhere. Joe Lacob, the majority owner of the Warriors, has emphasized a desire to avoid the luxury tax, necessitating some financial adjustments. However, Lacob did approve the substantial extension for Steve Kerr, acknowledging Kerr’s pivotal role in elevating the team to championship status after the dismissal of Mark Jackson.

Jackson guided the Warriors to 51 wins in his final season (2013-14), and under Kerr’s leadership the following season, the team achieved 67 wins and secured the franchise’s first championship since 1975. The 2015-16 season witnessed the Warriors setting an NBA record with 73 wins, though they ultimately succumbed to LeBron James and the Cavaliers in a thrilling seven-game Finals. Kerr’s coaching tenure has resulted in six Finals appearances and four championships for the Warriors, with the latest triumph occurring in 2022.

Read More: Steve Kerr Breaks Silence As Uncertainty Takes Over $35 Million Jackpot