Kevin Love Net Worth | Celebrity Net Worth
What is the Net Worth of Kevin Love?
Kevin Love is an American professional basketball player who has a net worth of $100 million. Love entered the NBA after being drafted by the Memphis Grizzlies. He was then immediately traded to the Minnesota Timberwolves, where he made a name for himself as a strong player. In 2014, he was traded to the Cleveland Cavaliers. Kevin Love comes from a very interesting family, and his father Stan previously played in the NBA as well.
Love first began to gain national attention after becoming a top-ranked prospect out of high school. He then continued to improve his reputation, playing for one season for the UCLA Bruins. During his college years, he was named the first All-American and Player of the Year in the Pac-12 Conference. He reached considerable heights during the 2010–2011 season, when he had the longest streak for consecutive double figures in points and rebounds since the ABA-NBA merger. He won a gold medal with the United States national team at the 2010 FIBA World Championship and another gold medal at the 2012 Summer Olympics.
Kevin Wesley Love was born on September 7, 1988, in Santa Monica, California. Interestingly, Kevin’s uncle is Mike Love, a founding member of the Beach Boys. This means that he is a cousin of Beach Boys members Brian Wilson, Dennis Wilson and Carl Wilson. His aunt is Kathleen McCartney (now Kathleen Hearst), winner of the women’s Ironman triathlon in February 1982. He grew up with future NBA star Klay Thompson and started playing basketball at a very young age. He got help from his father, Stan, who was known for his shooting ability in the NBA.
Kevin set an excellent record during his high school years and led his team to the 2005 state championship game. By the end of his senior season, he was named Gatorade National Male Athlete of the Year and “Parade” First Team All-American. He finished his high school career as the all-team leading scorer in Oregon boys’ basketball history with 2,628 points.
Although Kevin played only one season of college ball, he certainly made an impact for the UCLA Bruins. He was immediately harassed by fans at the University of Oregon, who felt that Love should have played for him as his father, Stan, had played there. Some fans even threw garbage at him and left obscene messages on his cell phone. However, by the end of his college career, Kevin had won several important honors.
Love was drafted in 2008 and was quickly traded by the Grizzlies to the Timberwolves. He then spent six seasons with this team before being traded to the Cleveland Cavaliers in 2014. In 2016, he was part of the championship winning Cavaliers team. In 2011, he won the NBA Most Improved Player award.
Kevin Love has been vocal about his struggles with mental health. In 2018, after DeMar DeRozan’s confession that he had been battling depression for several years, Love revealed that he was seeing a therapist. He first started receiving help in 2017 after suffering a panic attack during an NBA game. Since then, he has become a strong proponent of addressing mental health issues and speaking out about things like depression. They have discussed their family history of depression, their own struggles with anxiety and anger, and their commitment to creating a better mental health environment for all. Today, Kevin insists that it is his “life’s job” to provide better mental health for young boys.
During the 2011–2012 season, Love signed a four-year contract extension with the Timberwolves worth $62 million. The contract was signed amid significant controversy, as Kevin wanted a five-year extension but this goal was consistently denied by Timberwolves officials. At one point, GM David Kahn even entered the training room and handed a contract offer letter to Kevin. In 2015, Love opted out of the final year of his contract, which was worth approximately $17 million, and became a free agent. In 2018, Kevin signed a four-year, $120 million contract extension with the Cleveland Cavaliers.
Love has supplemented its income with several notable brand endorsement deals over the years. In 2011, he signed a six-year deal with 361 Degrees, a Chinese shoe company. In 2012, he joined lifestyle website 12Society as both an investor and a promoter. In 2016, it was announced that Kevin Love would be the style ambassador and campaign model for Banana Republic. In 2012, he was part of an online internet campaign run by Pepsi that featured “Uncle Drew”. Since then he has appeared in several spin-off productions.
In a typical year, Kevin is known to earn $40 million between salary and endorsements. As of this writing he has amassed over $200 million from NBA salary alone.
Kevin Love has donated large sums of money to various charities over the years, and has established his own personal charity called the Kevin Love Fund. In 2020, he donated $100,000 to Rocket Mortgage Fieldhouse to pay for the salaries of staff members who were unable to work due to the Covid-19 pandemic. Another Cavaliers player, Andre Drummond, soon followed suit with a $60,000 donation. Also in 2020, the Kevin Love Fund delivered a truckload of lunches to employees of Cleveland’s Medical Intensive Car Unit, and they also sent lunches to various Covid-19 testing sites.
Later in 2020, Love announced that his fund was donating $500,000 to support a scholar in one of the top-ranked psychology departments in the United States. These scholars will have the financial support they need to help diagnose, prevent, treat, and eliminate issues related to anxiety and depression. In 2016, Love donated $1 million to UCLA Athletics. The donation was matched by Russell Westbrook. The money went to build UCLA’s Mo Ostin Basketball Center.
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