Net Worth Ranker
What Is Terry Gannon’s Net Worth?
Terry Gannon, a well-known American television sportscaster, has accumulated a net worth of $4 million. This financial standing is primarily attributed to his extensive career covering a variety of sports for major networks.
Early Career and Transition to Broadcasting
Born on November 1, 1963, in Joliet, Illinois, to parents Mary and Jim Gannon, Terry’s initial path was not directly aimed at broadcasting. He attended the all-male Joliet Catholic High School, where his father was a coach. Terry then pursued higher education at North Carolina State University (NC State) in Raleigh. While at NC State, Gannon distinguished himself as a college basketball player, playing under coach Jim Valvano. He earned Academic All-American honors twice and was a key member of the 1983 “Cardiac Pack” team that famously won the NCAA men’s basketball tournament. During his collegiate career, Gannon became NC State’s all-time leading free throw shooter. He graduated in 1985 with a degree in history. Gannon initially aimed for a career in coaching, even working as a graduate assistant to Jim Valvano for a year and briefly playing professional basketball in Europe.
However, with Valvano’s encouragement, he shifted his focus to broadcasting, marking a significant turn in his professional trajectory. This pivot ultimately led him to the sportscasting career that significantly contributed to his current net worth.
Sportscasting Career: Key Roles and Networks
Gannon’s broadcasting career began in 1986, working on Jim Valvano’s television and radio shows, covering regional basketball games. He steadily built his reputation as a college basketball analyst, working for channels such as Raycom Sports, Sports South, and Home Team Sports. He also served as a play-by-play announcer for college baseball on Prime Sports and Jefferson-Pilot Sports. From 1990 to 1994, Gannon announced for Minor League Baseball’s Charlotte Knights, further broadening his experience in sports coverage. In 1991, he began providing college basketball commentary for ABC, and in 1993, he expanded his role to include play-by-play coverage for both college basketball and football. The early 1990s also marked his entry into figure skating coverage on ABC, initially co-hosting with former Olympic skaters Dick Button and Peggy Fleming. He soon began covering golf events on the PGA Tour, adding another dimension to his sportscasting portfolio. During his time with ABC, Gannon’s assignments included three Tours de France, three Little League World Series, the 2002 FIFA World Cup, the 2004 Indianapolis 500, and the 2006 Belmont Stakes. He also hosted the Tournament of Roses Parade for six years. The breadth of these assignments showcased his versatility and solidified his position as a prominent sportscaster.
In 2010, Gannon joined the Golf Channel, owned by the NBC Sports Group. He has since served as a play-by-play announcer and host of PGA Tour and LPGA Tour events. Also in 2010, Gannon became the lead play-by-play announcer for figure skating on NBC Sports, and a play-by-play announcer for “NBA on ESPN.” During the 2010 Winter Olympics in Vancouver, he served as the daytime host on Universal Sports. Gannon continued to cover a range of sports, including rowing and canoeing for NBC during the 2012 Summer Olympics in London. In 2014, at the Winter Olympics in Sochi, he began doing play-by-play figure skating commentary with former Olympic skaters Tara Lipinski and Johnny Weir. Their popularity led to their promotion to NBC’s lead figure skating announcing team, covering both figure skating and ice dancing at the 2018 and 2022 Winter Olympics. Gannon also covered the 2016, 2020, and 2024 Summer Olympics, announcing gymnastics events at the latter two. Additionally, he has co-hosted multiple Olympics closing ceremonies with Lipinski and Weir. He also does play-by-play commentary for Big Ten college basketball on Peacock. His consistent presence on major networks and coverage of high-profile events have been pivotal in building his net worth over the years.
Real Estate and Personal Life
In 1987, Terry Gannon married his wife Lisa. Together, they have a daughter named Maddie, a journalist who works as a political news reporter for Spectrum News, and a son named Jake. In November 2005, Terry and Lisa purchased a house in Los Angeles for $2.2 million. This real estate investment is a component of his overall net worth.
