Adam Silver was born on 25 April 1962, in Westchester County, New York State, USA, of Jewish descent. Adam is a lawyer best known for being the current commissioner of the National Basketball Association (NBA), a post he’s held since February 2014. His career in law and his passion for basketball have put his net worth to where it is today.
How rich is Adam Silver? Sources inform us of his net worth is at $20 million as of early 2017, mostly acquired through his current salary as commissioner. He earns around $10 million a year handling the NBA. He’s also had a bit of success in law, and served as a federal judge for the United States District Court for the Southern District of New York.
Adam Silver Net Worth $20 Million
Adam established his love and passion for basketball at an early age. He grew up in New York and was a huge New York Knicks fan. He was educated at Rye High School and then went on to graduate from Duke University in 1984, after which he worked as a legislative aide before earning his law degree from the University of Chicago in 1988. He then worked as a litigation associate at Cravath, Swaine & Moore, eventually becoming a federal judge.
It was in 1992 when Silver was given the opportunity to work for the NBA, as a special assistant to the commissioner. He then became the NBA chief of staff, senior vice president of NBA entertainment, and eventually president of NBA entertainment. During this time, Adam worked on several productions like the movie “Michael Jordan to the Max” which was shown in IMAX theaters. He also helped in various projects like “Year of the Yao”, “Like Mike”, and the documentary “Whatever Happened to Michael Ray?” In 2006, he was named as the deputy commissioner to the NBA. He worked in that position for six years, but all these positions raised his net worth.
Eventually, Silver was endorsed by past commissioner David Stern to become the next commissioner, as Stern was stepping down from the position. One of the more noticeable moves Adam made as part of his tenure is the lifetime banning of Los Angeles Clippers owner Donald Sterling because of racist comments. He also fined the owner $2.5 million, the maximum fine allowed by the NBA.
Adam has been recognized for his work in the industry by numerous publications. During 2003, he was named by CNN and Time Magazine’s “Global Business Influentials”. He’s also been named to Sporting News’ “100 Most Powerful People in Sports” on numerous occasions. He was named in Time’s “100 Most Influential People” and Fortune’s” 50 Greatest Leader”s. Sports Business Journal also listed him as part of the “50 Most Influential People in Sports Business”.
Adam also indulges in philanthropic work on the side. He’s a board member of the Lustgarden Pancreatic Cancer Foundation and the New York Road Runners. He’s also mentioned via the New York Times that he is in favor of sports betting as long as it is regulated and monitored legally.
As for Adam Silver’s personal life, not much is known about it. Adam keeps most information about his personal life private, and it doesn’t look like any information will spring about him son.
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