Kevin Love Net Worth - Pulptastic

What is Kevin Love’s Net Worth?

Kevin Love is an American professional basketball player with a net worth of $100 million. He played for the Minnesota Timberwolves before being traded to the Cleveland Cavaliers in 2014. Love comes from a family with basketball roots, as his father Stan also played in the NBA.

Love gained national attention as a top-ranked prospect out of high school and continued to impress while playing for the UCLA Bruins. He was named a First Team All-American and Player of the Year in the Pac-12 conference. During the 2010-2011 season, he set a record for consecutive double figures in points and rebounds since the ABA-NBA merger. He also won gold medals with the United States national team at the 2010 FIBA World Championship and the 2012 Summer Olympics.

Early Life

Kevin Wesley Love was born on September 7th of 1988 in Santa Monica, California. He grew up alongside future NBA star Klay Thompson and began playing basketball at a very young age. His father Stan, a former NBA player, helped him with his shooting ability.

High School Career

Kevin excelled during his high school years, leading his team to the 2005 state championship game and becoming the all-time leading scorer in Oregon boys’ basketball history with 2,628 points. He was named the Gatorade National Male Athlete of the Year and a “Parade” first team All-American.

College Career

Kevin only played a single season of college ball for the UCLA Bruins, but he made a significant impact. He faced harassment from fans of the University of Oregon, but he persevered and won a number of important honors by the end of his college career.

Kevin Love’s NBA Career

Love was drafted by the Grizzlies in 2008 but was quickly traded to the Timberwolves. He spent six seasons with this team before being traded to the Cleveland Cavaliers in 2014. Love was part of the championship-winning Cavaliers team in 2016.

In 2011, he won the NBA Most Improved Player award.

Kevin Love Advocates for Mental Health Awareness

Kevin Love has been open about his struggles with mental health and has become an advocate for mental health awareness. He started seeing a therapist after suffering a panic attack during an NBA game in 2017. Love has discussed his family history of depression, his own struggles with anxiety and rage, and his commitment to creating a better mental health environment for everyone. He insists that providing better mental health for young boys is his “life’s work.”

Kevin Love’s Contract History

During the 2011-2012 season, Love signed a four-year contract extension with the Timberwolves worth up to $62 million. This contract was signed amidst significant disputes, as Kevin wanted a five-year extension but was continuously denied this goal by the Timberwolves executives. At one point, GM David Kahn even marched into the training room and shoved a contract offer sheet into Kevin’s hands.

In 2015, Love opted out of the final year of his contract, which was worth about $17 million, and became a free agent.

In 2018, Kevin signed a four-year, $120-million contract extension with the Cleveland Cavaliers.

Kevin Love’s Brand Endorsement Deals

Kevin Love has signed multiple brand endorsement deals over the years, supplementing his income. He signed a six-year deal with Chinese shoe company 361 Degrees in 2011. Love became an investor and promoter for lifestyle website 12Society in 2012. He became a style ambassador and campaign model for Banana Republic in 2016. Love was also part of Pepsi’s online internet campaign featuring “Uncle Drew” in 2012 and has appeared in several spin-off productions.

Kevin Durant’s Earnings

Kevin Durant has earned an estimated $40 million per year from both his salary and endorsement deals. As of writing, he has accumulated over $200 million from his NBA salary alone.

Kevin Love’s Charitable Contributions

Kevin Love has donated large sums of money to various charities over the years, and he has established his own personal charity called the Kevin Love Fund. In 2020, he donated $100,000 to Rocket Mortgage FieldHouse to pay the salaries of staff members who were unable to work due to the Covid-19 pandemic. Andre Drummond, another Cavaliers player, soon followed suit with a donation of $60,000.

The Kevin Love Fund sent a truckload of lunches to staff at Cleveland’s Medical Intensive Car Unit, and he 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 at one of the top-ranked psychology departments in the United States. These scholars will then have the financial support necessary to help with diagnosing, preventing, treating, and destigmatizing issues related to anxiety and depression.

In 2016, Love donated $1 million to UCLA Athletics. This donation was matched by Russell Westbrook. The money went towards creating UCLA’s Mo Ostin Basketball Center.