NBA Commissioner Adam Silver took his job as the head huncho of the league after former NBA Commissioner David Stern endorsed him to be the next in line for the job back in 2012. Silver took over from Stern on February 1, 2014. When he started working for the League, that happened all the way back in 1992 as the Deputy Commissioner and Chief Operating Officer for the next 8 years of his career. During that time, he helped the league expand to countries like China, Japan, and South Korea. Adam Silver is also recognized for being the leading asset who helped develop the WNBA, the NBA Development League, and made happen the partnership with Turnet Broadcasting.
Adam Silver’s Awards and recognitions
Inside the sports industry, Adam Silver has won multiple awards and recognitions that have built his career as one of the main leading figures in all of sports. Back in 2016, Silver was ranked as No. 1 by Sports Business Journal within the list of the 50 Most Influential People in Sports Business. A year prior to that, he was named Executive of the Year by Sports Business Journal. He has also been in Time’s 100 Most Influential People and he’s been one of Fortune’s 50 Greatest Leaders durnig the same year. Back in 2014, he was also named Executive of the Year by Sports Illustrated. It’s been an eventful jpurney for Adam Silver in the NBA.
But the big question is how much is Adam Silver worth? Let us start with his salary. Currently, NBA Commissioner Adam Silver earns an estimated $10 million per season. BAck in June 2018, the NBA extended his contract through the 2023-2024 season. When that contract comes to an end, Adam Silver will have earned exactly $100 million in salary from the league alone. Also, he earns an important chunk of revenue that comes from the many milestones that the league makes in terms of revenue or expansion goals. In total, Forbes estimates that Adam Silver’s Net Worth is $50 million right now but it will gro exponentially over the next few years.