Adam Silver is the current NBA Commissioner and here is more about his net worth, salary, and more
Adam Silver is the fifth and the current commissioner of the National Basketball Association (NBA). Let’s know more about his net worth.
Adam Silver Facts
| Birth Place | Rye, New York, United States |
| Father’s Name | Edward Silver |
| Mother’s Name | Melba Silver |
| Star Sign | Taurus |
| College | Duke University (BA), University of Chicago (JD) |
| Profession | American lawyer and sports executive |
| Net Worth | $35 million |
| Salary | $10 million |
| Age | 60 |
| Date of Birth | April 25, 1962 |
| Nationality | American |
| Wife | Maggie Silver (m. 2015) |
| Children | Louise Burns Silver |
Adam Silver career
Adam Silver attended Rye High School and graduated in 1980. Silver went to the Duke University where he was a member of the Phi Delta Theta fraternity. He graduated in 1984 with a Bachelor of Arts degree in political science.
Subsequently, Silver attended the University of Chicago Law School, graduating in 1988 with a J.D. degree.
Silver had a long journey in the NBA. Before becoming the NBA commissioner, Silver was the NBA’s deputy commissioner and chief operating officer for eight years. He enjoyed huge successes in his previous roles.
He was involved in the league’s negotiation’s last three collective bargaining agreements with the National Basketball Players Association, the development of the WNBA and NBA Development League, the partnership with Turner Broadcasting to manage the NBA’s digital assets, and the creation of NBA China.
Silver was also the President and COO of NBA Entertainment. Since joining the NBA in 1992, Silver has also held the positions of senior VP and COO, NBA Entertainment, NBA chief of staff, and special assistant to the commissioner.
In 2012, Silver was endorsed by then commissioner David Stern, to be the next NBA commissioner after Stern announced he would step down on February 1, 2014.
So, finally in 2014, Adam Silver succeeded David Stern to become the NBA commissioner.
Adam Silver Net Worth and Salary
The 59-year-old is reported to have a net worth of $35 million in 2021. His net worth is mostly acquired from his NBA salary and bonuses.
Silver earns a handsome salary of $10 million per year. In June 2018, the NBA extended Adam Silver’s contract through the 2023-2024 season. By the end of that contract, he will earn exactly $100 million. He also earns bonuses for achieving various milestones and revenue/expansion goals.
Adam Silver Personal Life
Hailing from Rye, New York, Silver was born into a Jewish-American family. He is the son of Edward Silver and Melba Silver. His father, Edward was a lawyer who was a senior partner at the law firm Proskauer Rose and specialized in labor law.
Silver married his wife Maggie Silver in 2015. They have two daughters, one born in 2017, and the other born in May 2020. One of his daughter’s name is Louise Burns Silver.
Adam Silver’s Achievements
In 2014, Sports named Silver Executive of the Year Illustrated. In 2015, Sports Business Journal named him Executive of the Year, one of Time’s 100 Most Influential People, and one of Fortune’s 50 Greatest Leaders.
Sports Business Journal ranked silver as No. 1 on their 2016 list of the 50 Most Influential People in Sports Business.
In 2014, he forced Donald Sterling to sell the Los Angeles Clippers team because Sterling was caught making extremely racist remarks. Silver and the NBA also banned Sterling from all NBA events of life.
FAQs about Adam Silver
| What is the age of Adam Silver? |
| Adam Silver is 60 years old and was born on April 25, 1962. |
| What is the net worth of Adam Silver? |
| Adam Silver has a net worth of $35 million. |
| What is the salary of Adam Silver? |
| Adam Silver earns an annual salary of $10 million. |
| Where was Adam Silver born? |
| Adam Silver was born in Rye, New York, U.S. |
| Who is the wife of Adam Silver? |
| Adam Silver’swife is Maggie Silver (m. 2015). |
| When did Adam Silver become the NBA commissioner? |
| Adam Silver became the NBA commissioner on February 1, 2014. |
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