Kevin Ollie Net Worth

Overview

Kevin Ollie is an American basketball coach and former player. He was born on December 27, 1972, in Dallas, Texas, and raised in Los Angeles. Ollie played college basketball at the University of Connecticut from 1991 to 1995, where he was a four-year starting point guard and two-time captain. After graduating with a degree in communications, he began his professional career in the Continental Basketball Association (CBA) before joining the NBA in 1997. During his 13-year NBA career, Ollie played for twelve different franchises. After retiring from playing, Ollie returned to the University of Connecticut as an assistant coach in 2010. In 2012, he was named the head coach, replacing Jim Calhoun. As head coach, Ollie led the Huskies to the NCAA National Championship in 2014. In February 2024, Ollie was appointed as the interim head coach for the Brooklyn Nets.

Brooklyn Nets

Interim Head Coach

Here’s a detailed breakdown of Kevin Ollie’s net worth, career earnings, and related financial information: ## What Is Kevin Ollie Net Worth? Kevin Ollie’s net worth is estimated to be $20 million. This wealth is the accumulation of his earnings as a professional basketball player and later as a coach. ## Early Life and Background Kevin Ollie was born on December 27, 1972, and raised in Los Angeles. He played basketball at Crenshaw High School before attending the University of Connecticut (UConn) from 1991 to 1995. ## NBA Playing Career Earnings Ollie had a 13-year NBA playing career from 1997 to 2010, during which he played for 12 different teams. His total earnings from his NBA career amount to approximately $20.1 million. His highest-earning season was 2007-08 with the Philadelphia 76ers, where he made $3.4 million. Here’s a summary of his NBA earnings: * **Total NBA Career Earnings:** Approximately $20.1 million ## Coaching Career and Contracts ### UConn Head Coach (2012-2018) In 2012, Kevin Ollie replaced Jim Calhoun as the head coach of the UConn men’s basketball team. * **Initial Contract (2012):** On December 29, 2012, Ollie signed a five-year agreement with UConn. * **Contract Extension (2014):** On May 22, 2014, Ollie signed a new five-year contract with UConn, which was set to run through May 31, 2019. This contract paid him an annual base salary along with additional payments for media appearances and consulting. * **2014-15 Compensation:** $2.8 million total compensation ($400,000 base salary + $2.4 million for public relations, consulting, and media appearances) * **Annual Increases:** The public relations, consulting, and media appearance payments were set to increase by $100,000 each year. * 2015-16: $2.9 million * 2016-17: $3.0 million * 2017-18: $3.1 million * 2018-19: $3.2 million ### Termination and Settlement Ollie was fired by UConn on March 10, 2018. He filed a grievance, and an arbitrator ruled that UConn improperly fired him. In September 2022, Ollie and UConn reached a settlement of $3.9 million. * **Settlement Amount:** $3.9 million ### Overtime Elite (2021-2023) In April 2021, Kevin Ollie was hired as the head of coaching and basketball development for Overtime Elite (OTE). ### Brooklyn Nets (2023-2024) In June 2023, Ollie joined the Brooklyn Nets as an assistant coach. During the 2024 NBA All-Star break, he was promoted to interim head coach after Jacque Vaughn was fired. ## Endorsements and Speaking Engagements Ollie has also supplemented his income through endorsements and speaking engagements. For example, he signed a three-season spokesperson deal with Webster Bank, involving personal appearances and media endorsements. Details of the financial terms were not disclosed. ## Kevin Ollie’s Career Milestone * **NCAA Championship (2014):** As head coach, he led UConn to the NCAA Championship, establishing himself as a prominent coach. Kevin Ollie’s journey from an NBA player to a coach showcases his impact on basketball, reflected in his estimated $20 million net worth.

Overview

Brooklyn Nets

Celebrity Net Worth