What Is Kevin Johnson’s Net Worth?
As of early 2025, Kevin Johnson, the former NBA player and Sacramento mayor, has an estimated net worth of $10 million. This valuation primarily stems from his earnings during his professional basketball career, complemented by his subsequent business and political endeavors.
NBA Career Earnings and Financial Highlights
Kevin Johnson’s NBA career spanned from 1987 to 2000, during which he accumulated a total salary of $30 million. His highest annual earnings occurred during the 1997-1998 season, his final full season in the NBA, when he earned $8 million. Adjusting for inflation, that $8 million is equivalent to approximately $13 million today. Throughout his NBA career, Johnson played for the Cleveland Cavaliers (1987-1988) and the Phoenix Suns (1988-2000). According to HoopsHype, his total earnings were around $28,500,000 ($59,413,253*). This data has been adjusted for inflation.
Post-NBA Ventures and Political Career
After retiring from professional basketball, Kevin Johnson transitioned into the political arena. He served as the Mayor of Sacramento from 2008 to 2016. While information regarding his exact mayoral salary is not readily available, the salary for the Mayor of Sacramento in 2016 was $141,765, significantly less than the $297,387 earned by San Francisco’s mayor, Ed Lee, who was the highest-paid mayor in California. During his time as mayor, Johnson also launched initiatives such as Stand UP and Sacramento READS! to support students in Sacramento.
The Kevin Johnson Corporation and St. HOPE
Beyond basketball and politics, Johnson has been involved in various business ventures through The Kevin Johnson Corporation, which focuses on real estate, small businesses, and public speaking engagements. In 1989, Kevin Johnson founded St. HOPE (Helping Others Pursue Excellence), an after-school program aimed at supporting children in his native Oak Park neighborhood in Sacramento. In 1994, the St. Hope Development Corporation was established to revitalize buildings in Oak Park.
St. HOPE Academy handles the school’s back-office operations, including its finances, to the tune of $1.3 million per year. Financial audits have revealed poor accounting practices and a “material weakness” in their finances, indicating that auditors believe there is a higher likelihood that incorrect financial information could go undetected.
Real Estate and Other Assets
Specific details regarding Kevin Johnson’s real estate holdings and other assets are not publicly available. Net worth estimations often take into account real estate, investments, and other assets. While precise figures are not accessible, it’s reasonable to assume that Johnson’s real estate and investment portfolio contribute to his overall net worth.