What’s Luke Walton’s Net Worth? Discover the Surprising Wealth of the NBA Coach!
Introduction:
Luke Walton is a former professional basketball player turned head coach who has made a name for himself in the National Basketball Association (NBA). Born in San Diego, California, Walton played for the Los Angeles Lakers and the Cleveland Cavaliers before transitioning into coaching. He is currently the head coach of the Sacramento Kings, where he has been since 2019. But what is Luke Walton’s net worth, and how did he amass his fortune? In this blog post, we will explore the surprising wealth of this NBA coach.
1. Early Life and Basketball Career:
Luke Walton was born in San Diego, California, in 1980. He is the son of Bill Walton, a former NBA player and Hall of Famer. Growing up, Luke played basketball for his high school team and went on to play at the University of Arizona, where he won a national championship in 2001. After college, he was drafted by the Lakers in 2003 and played for the team until 2012.
2. NBA Career Earnings:
During his time in the NBA, Luke Walton earned a total of $73,423,994 in salary. His highest-earning years were between 2009 and 2012 when he was making an average of $5 million per year.
3. Coaching Career Beginnings:
After retiring from basketball, Walton immediately moved into coaching. He started as an assistant coach for the Lakers in 2013 and was promoted to interim head coach in 2015 when the previous coach was fired. He did so well in that role that he was offered the head coaching position for the Golden State Warriors the following year.
4. Wealth as a Golden State Warriors Coach:
During his two years as head coach of the Golden State Warriors, Luke Walton’s team won a record-breaking 73 games in the 2015-2016 season, which earned him a significant bonus. His total earnings from that season were estimated to be around $3.4 million.
5. Wealth as a Sacramento Kings Coach:
In April 2019, Luke Walton was hired as the head coach of the Sacramento Kings. He signed a four-year contract worth $20 million, which made him one of the highest-paid coaches in the NBA.
6. Other Business Ventures:
Aside from coaching, Luke Walton is also an investor in the restaurant industry. In 2018, he opened a restaurant in Manhattan Beach, California, called “The Slice and Pint.” He also owns several rental properties in San Diego.
7. Endorsement Deals:
While he was playing in the NBA, Luke Walton had several endorsement deals, including a shoe deal with Nike. However, he has not had any significant endorsement deals since transitioning into coaching.
8. Luke Walton’s Net Worth:
As of 2021, Luke Walton’s net worth is estimated to be around $16 million. This includes his NBA career earnings, coaching salary, investments, and other business ventures.
Conclusion:
In conclusion, Luke Walton’s net worth is a combination of his NBA career earnings, coaching salary, investments, and other business ventures. His highest-earning years were between 2009 and 2012, when he was making an average of $5 million per year. Currently, his wealth is estimated to be around $16 million. As a successful coach and businessman, Luke Walton has proven that he has a knack for making good financial decisions.
FAQs:
1. What is Luke Walton’s net worth?
Luke Walton’s net worth is estimated to be around $16 million.
2. When did Luke Walton start coaching?
Luke Walton started coaching in 2013 as an assistant coach for the Los Angeles Lakers.
3. What was Luke Walton’s highest-earning year in the NBA?
Luke Walton’s highest-earning years were between 2009 and 2012 when he was making an average of $5 million per year.
4. What type of business does Luke Walton invest in?
Luke Walton is an investor in the restaurant industry and owns several rental properties in San Diego.
5. Has Luke Walton had any significant endorsement deals since transitioning into coaching?
No, Luke Walton has not had any significant endorsement deals since transitioning into coaching.