Net Worth Ranker
What Is Doc Rivers’ Net Worth?
Doc Rivers, born Glenn Anton Rivers on October 13, 1961, boasts a substantial net worth estimated at $60 million. This figure is primarily derived from his successful career as both an NBA player and, more significantly, as a head coach. While specific breakdowns of his investment portfolio or endorsement deals are not publicly available, his long tenure in professional basketball provides a clear foundation for his financial standing.
His journey began in Chicago, Illinois, where he honed his skills at Proviso East High School, earning a spot in the prestigious McDonald’s All-American Game. This early success paved the way for his collegiate career at Marquette University. Though specific details about his earnings during his college years are not documented, his selection by the Atlanta Hawks in the 1983 NBA draft marked the official commencement of his professional income.
Doc Rivers’ NBA Playing Career and Earnings
Rivers’ playing career spanned from 1983 to 1996, during which he played for the Atlanta Hawks, Los Angeles Clippers, New York Knicks, and San Antonio Spurs. While precise contract figures from that era are not readily accessible, it’s understood that his role as a starting point guard, particularly with the Hawks, positioned him among the higher-paid players of the time. He spent seven seasons with the Atlanta Hawks, becoming a key player alongside Dominique Wilkins. Following his time with the Hawks, Rivers played a year with the Los Angeles Clippers and two years with the New York Knicks before concluding his career with the San Antonio Spurs from 1994 to 1996.
While playing for the United States team in the FIBA World Championship in 1982, Rivers led the team to a silver medal. After playing three seasons with the Marquette University, he was drafted by the Atlanta Hawks in 1983.
Coaching Career and Salary Details
Rivers transitioned into coaching in 1999 with the Orlando Magic, marking a significant shift in his income trajectory. He served as the coach for over four NBA seasons. He received the 2000 Coach of the Year award. His coaching career is where the larger portion of his wealth accumulated. His estimated annual salary as an NBA head coach is $10 million. His coaching journey includes stints with the Orlando Magic, Boston Celtics, Los Angeles Clippers, and Philadelphia 76ers.
His time with the Boston Celtics was particularly fruitful, leading them to an NBA Championship in 2008, defeating the Los Angeles Lakers. In early 2008, the team had the best winning percentage in the Eastern Conference. After beating the New York Knicks 109-93, Doc was given the opportunity to coach the East for the 2008 NBA All-Star Game. In 2010, he led the Celtics once again to the NBA Finals against the Lakers, although this time they lost.
In 2013, the Los Angeles Clippers acquired Rivers; in addition to serving as head coach, he also became the team’s senior vice president of basketball operations. During his first season, he led the Clippers to 57 wins, a franchise record. Additionally, he garnered the third seed in the Western conference. The next year, Doc was promoted to president of basketball operations, while continuing to serve as head coach. He also signed a new five-year contract.
Rivers stepped down from coaching the Clippers in September 2020. Although his record across seven seasons was 356-208, he was unable to lead the team to a conference finals appearance, which would have been a first for the franchise.
In October 2020, Rivers was hired as the head coach of the Philadelphia 76ers. With the team, he notched his 945th career win, passing Bill Fitch to take 10th place on the all-time coaching regular season wins list. In addition, Doc led the 76ers to a first-seed placement in the Eastern Conference.
Real Estate Holdings
Doc Rivers has invested in real estate, with several notable transactions. In 2013, he purchased a Los Angeles condo for $5.5 million. The following year, he sold the condo and acquired a mansion in the hills for $8.2 million. He listed this mansion for sale in November 2019 for $11.25 million, after initially seeking $12 million.
Rivers also owns a home in West Hollywood, California, which he rents out for between $12,000 and $16,000 per month, depending on the lease term. In 2017, he bought a beachfront Malibu home for $9.5 million, previously owned by Nick Carter of the Backstreet Boys. This property was listed for sale in July 2020 for just under $13 million.
Public records indicate that Rivers also maintains a 10,000-square-foot home in Orlando, located in a gated lakefront community. The specific address and purchase price of this property are not publicly available, but its size and location suggest a significant investment.
Personal Life and Family
Doc Rivers is married to Kris and has three sons and a daughter. His eldest son, Jeremiah, played basketball at Indiana University and Georgetown University and was in the NBA D-League playing for the Maine Red Claws. Daughter Callie played volleyball at the University of Florida and is married to NBA star Seth Curry (Steph Curry’s brother). Son Austin played for Duke University before being drafted by the New Orleans Hornets and has also played for the Washington Wizards, Houston Rockets, New York Knicks, and Denver Nuggets, in addition to his time with the Los Angeles Clippers. His youngest son, Spencer, played for Winter Park High School and the University of California, Irvine.
Rivers has other family members who have been prominent in professional sports. His uncle, Jim Brewer, played for the Cleveland Cavaliers, Detroit Pistons, Portland Trail Blazers, and Los Angeles Lakers in the ’70s and ’80s. Doc is also a cousin of former NBA guard Byron Irvin and former MLB outfielder Ken Singleton.
The Rivers family’s involvement in professional sports underscores the net worth and legacy of Doc Rivers. While specific financial details regarding his children’s earnings or his extended family’s assets are not included, their collective presence in the sports world contributes to the Rivers family name and brand.
