Steve Kerr has built one of the most decorated coaching careers in NBA history, and his bank account reflects it.
After 12 seasons and four championships with the Golden State Warriors, the 60-year-old head coach has agreed to return on a new deal, ensuring he remains the sport’s highest-paid sideline coach.
Steve Kerr Is the Highest-Paid NBA Coach Annually
Over the years, Kerr’s contracts have grown alongside his legacy. From his initial five-year, $25 million deal in 2014 to a five-year, $47.5 million extension four years later, his earning power has climbed consistently with each year. The Warriors have never hesitated to pay him what he is worth.
The new deal will keep Steve Kerr as the highest paid coach in the NBA annually, sources tell ESPN. https://t.co/iKX8Rbl1T9
— Shams Charania (@ShamsCharania) May 10, 2026
Kerr was already the NBA’s highest-paid coach, earning an estimated $17.5 million annually on his previous two-year, $35 million extension signed in February 2024. That deal, which ran through the 2025-26 season, made him the highest-paid coach in league history at the time of signing.
This new contract is expected to pay him even more, though the full financial terms have not yet been publicly disclosed.
His previous deal edged out Miami Heat coach Erik Spoelstra, who earns approximately $15 million per season on an eight-year extension. San Antonio Spurs’ former coach Gregg Popovich has historically earned more annually, but he also serves as team president and head coach, which distinguishes his situation from a traditional coaching contract.
Outside of his coaching salary, Kerr’s financial portfolio has grown significantly over the decades. His estimated net worth currently sits at around $65 million, built through earnings as a player, a broadcaster, and a front-office executive, as well as various investments.
During his 14-year NBA career, he earned roughly $15.8 million. His coaching salaries alone have dwarfed that figure several times over, with each new deal representing a significant jump from the last.
The decision to return was not easy. After the Warriors were eliminated by the Phoenix Suns in the Western Conference play-in tournament, Kerr openly acknowledged uncertainty about his future, telling reporters there was a chance he would stay.
In his final moments on the bench that night, he was overheard telling Steph Curry and Draymond Green, “I don’t know what’s gonna happen next, but I love you guys to death.” It was a moment that looked, at least briefly, like a farewell.
With his new deal now in place, Kerr heads into his 13th season leading Golden State, still firmly positioned as the best-compensated coach in the game and one of the most successful in NBA history.
