November 8, 2024

What is Adam Silver’s net worth? Updated details on NBA commissioner’s salary, contract

Adam Silver #AdamSilver

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Every commissioner of a major sports league makes a few mistakes. It’s impossible to do the job without missing the mark on at least a few key decisions.

While he hasn’t received universal approval from fans and media members, Adam Silver’s tenure as commissioner of the NBA has been largely successful.

He has overseen a period of global growth, and team values have skyrocketed in recent years. Silver also deserves credit for guiding the NBA through the COVID-19 pandemic with the creation of the Florida “bubble” and getting the league calendar back on track.

Silver’s contract will soon expire, but it’s difficult to imagine a scenario in which he doesn’t receive an extension offer. A new deal would add to his impressive net worth.

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What is Adam Silver’s net worth and salary?

Silver is worth $40 million as of June 2023, according to Celebrity Net Worth. He reportedly earns $10 million annually.

In February 2014, Silver took over as NBA commissioner, filling the void left behind by David Stern. Before he took that job, he served as the deputy commissioner under Stern.

Adam Silver contract details

Silver signed a five-year contract extension in June 2018. Financial terms were not disclosed at the time.

His deal runs through the 2023-24 season.

How old is Adam Silver?

Silver is 61 years old. He was born on April 25, 1962.

At the end of his current contract, he will be 62.

Could Adam Silver leave the NBA?

Earlier this year, multiple reports indicated that Silver was on the shortlist of candidates to replace Bob Iger as Disney’s CEO. Silver seemed like an outside-the-box name, but he has done plenty of work with ESPN, an NBA broadcast partner which Disney owns.

However, Silver shot down any speculation about a departure from the NBA, saying that he has “no intention of going anywhere.”

Full list of NBA commissioners

Silver has been the commissioner of the NBA for more than nine years, but he has some work to do if he wants to match the tenures of his predecessors.

  • Maurice Podoloff (1946-1963)
  • J. Walter Kennedy (1963-1975)
  • Larry O’Brien (1975-1984)
  • David Stern (1984-2014)
  • Adam Silver (2014-present)
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