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Adam Silver Net Worth, Salary and Earnings

by Emmanuel Akpaneka
January 10, 2023
in Business People
Reading Time: 3 mins read
Adam Silver Net Worth
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Adam Silver’s net worth 2023: While recounting National Basketball Association commissioners who are astute, Adam Silver is one name you cannot miss. How much do you know about him? Read on as we take you through the biography, family and personal life, salary, earnings, and net worth of Adam Silver. What’s more, you’ll also learn how Adam Silver made his fortune.

Table of Contents hide
1. Who is Adam Silver and How Much is He Worth?
2. Early Life
3. Career
4. Personal Life
5. Social Media Accounts
6. Adam Silver Net Worth, Salary and Earnings 2023
7. Summary

Who is Adam Silver and How Much is He Worth?

Full Name Adam Silver
Date of Birth April 25, 1962
Age 60 Years
Profession Lawyer and Sports Executive
Height 6 ft 2 in (1.9 m)
Country of Origin United States of America
Source of Wealth Business and Sports
Net Worth $40 million
Last Updated February 2023

Adam Silver is an American lawyer and sports executive with an estimated net worth of $40 million. Silver is the fifth and current commissioner of the National Basketball Association (NBA). Adam has held various positions within the league ever since joining the NBA in 1992.

Shortly after becoming a commissioner, Silver made headlines for forcing Donald Sterling to sell Los Angeles Clippers after Sterling made racist remarks, later banning him for life from the game.

Early Life

Adam Silver was born on April 25, 1962, in Rye, New York, United States of America. His father, Edward Silver was a lawyer who specialized in labour law and was a senior partner at the law firm Proskauer Rose. He was raised in a Jewish family.

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For his education Silver attended Rye High School graduating in 1980. Following his graduation, he proceeded to Duke University where he graduated with a Bachelor of Arts degree in political science in 1984. While in college, he was a member of the Phu Delta Theta fraternity.

In 1988, Silver obtained a J.D. degree from the University of Chicago Law School. 

Career

After his first degree in Political science, Silver worked from 1984 to 1985 as a legislative aide to Les AuCoin. After Law School, Silver spent one year as a law clerk for Judge Kimba Wood, the U.S. District Court for the Southern District of New York. Shortly afterwards, he joined the law firm of Cravath, Swaine & Moore as an associate.

Before he became a commissioner, Silver was the NBA’s deputy commissioner and chief operating officer for about eight years. As deputy commissioner, he successfully carried out negotiations and 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.

While at NBA Entertainment, Silver was an executive producer of the IMAX movie “Michael Jordan to the Max,” as well as the documentary “Whatever Happened to Micheal Ray?” as well as on other projects.

Personal Life

Adam Silver is happily married to his wife, Maggie Silver. The couple has been married since 2015 and the union is blessed with two daughters. The first was born in April 2017, and the other in May 2020.

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Social Media Accounts

Adam Silver has an impressive number of fans on his social media pages where he shares a bit of his personal life and work-related stuff. As of the time of writing, Silver has over 464,000 Instagram followers. Silver is not active on twitter. On Facebook, Silver has over 98,000 followers.

Adam Silver Net Worth, Salary and Earnings 2023

As of February 2023, Adam Silver has an estimated net worth of $40million. Adam Silver accumulates his net worth from his successful career as a lawyer and sports executive.

Adam silver earns $10 million annually as a salary. In June 2018, Silver signed a contracts extension with NBA through the 2023-2024 season. By the end of his contract, Silver will have earned about $100 million in salary alone from the NBA.

Summary

Adam Silver is an American lawyer and sports executive with an estimated net worth of $40 million. Silver is the fifth and current commissioner of the National Basketball Association (NBA). Adam has held various positions within the league ever since joining the NBA in 1992.

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