Adam Silver is the NBA’s current commissioner and the league’s sixth overall (NBA). He Is a lawyer and sports executive from the United States.

Adam Silver, a model for American sports commissioners, has done an incredible job of growing the NBA, which has included increasing the league’s reach internationally. A graduate of Duke University, Silver’s story is truly remarkable.

Personal Information

Net Worth:$40 Million
Salary:$10 Million
Date of Birth:Apr 25, 1962 (60 years old)
Gender:Male
Height:6 ft 2 in (1.9 m)
Profession:Film Producer, Businessperson, Television producer, Lawyer, Commissioner of the NBA
Nationality:United States of America

Early Life

adam-silver-net-worth

Silver was born into a Jewish-American family. Edward Silver (1921-2004). His father was a labor law attorney and senior partner at Proskauer Rose. Silver was raised in Rye, New York, Westchester County. He went to Rye High School and graduated in 1980.

Silver attended Duke University immediately following graduation from high school. In 1984, he received his BA in politics and was a member of the Phi Delta Theta fraternity. 

During the years 1984 and 1985, he served as Les AuCoin’s legislative aide in the United States House of Representatives. After that, Silver earned his Juris Doctor from the  University of Chicago’s law school in 1988.

Related Article: Adam Silver Illness: NBA Commissioner Adam Silver Has The X Factor

NBA Career

In 1992, Silver began his eight-year tenure with the NBA as its Deputy Commissioner and Chief Operating Officer. He participated in projects such as the development of the WNBA league, the NBA Development League, NBA China, and the partnership with Turner Broadcasting for them to manage the NBA’s digital assets while holding that position.

He also participated in the league’s last three collective bargaining agreements with the National Basketball Players Association. Additionally, he has served as NBA Chief of Staff, NBA Senior Vice President and Chief Operating Officer, and Special Assistant to the Commissioner.

Silver was executive producer on The IMAX film “Michael Jordan to the Max,” the documentary “Whatever Happened to Michael Ray?” (2000), the movies “Like Mike” (2002) and “Year of the Yao,” 

When he announced that he would be leaving his job on February 1, 2014, David Stern, the NBA Commissioner at the moment, backed  Silver to be the organization’s new commissioner in October 2012.

Adam Silver faced his first significant challenge as league commissioner in late April 2014 when he had to address the racist comments made by Clippers owner Donald Sterling. On camera, Sterling was heard making incredibly offensive remarks to his girlfriend.

When the audio was leaked, Silver and the NBA said that Sterling would be permanently barred from attending any NBA events. In addition, Silver and the NBA stated that they will use all legal means to compel him to sell the team. This was one of the harshest sanctions ever levied on a professional sports team owner.

Other noteworthy events that Silver has handled as commissioner include a Daryl Morey tweet from 2019 supporting the protests in Hong Kong. The tweet raised questions about the NBA’s cooperation with China as well as political controversies.

Morey’s post received a critical response from China, which hinted that they would decide to sever ties with the NBA. Silver, on the other hand, reacted in favor of Morey and said that he was entitled to freedom of expression and the right to express himself.

Honors

Silver was placed 1st on the Sports Business Journal’s list of the 50 Most Influential People in Sports Business in 2016. Silver received the Sports Business Journal’s Executive of the Year award in 2015. He was also listed as one of Fortune’s 50 Greatest Leaders and Time’s 100 Most Influential People of the Year.

Silver received the Sports Illustrated Executive of the Year award in 2014.

He is a member of the Duke University Board of Trustees and a 2016 recipient of the University of Chicago Law School’s Distinguished Alumnus Award. The Lustgarten Foundation for Pancreatic Cancer Research has him on its board of directors.

Related Article: Paul Banchero Selected First Overall In The NBA Draft By The Orlando Magic: ‘I Was Overwhelmed with Emotions’

Personal Life

adam-silver-net-worth

In 2015, Silver married interior designer Maggie Grise. The wedding was attended by several CEOs as well as their closest friends and family members.

They have been publicly vocal about their romance from the time they were still in the courting period till now when they have been blessed with two adorable children. The well-known man insisted that his wife had always supported him, even as he built up the massive league and managed their other businesses.

We can assert that Adam Silver’s wife Maggie Silver is a prime example of the cliche “Behind a successful guy, there is a powerful woman.”

Adam Silver’s Earnings and Net Worth

Adam Silver is a $40 million businessman. Adam Silver is the National Basketball Association’s fifth and current commissioner
(NBA).

Pay and Agreement

Silver earns $10 million in pay annually. Adam Silver’s contract with the NBA was extended in June 2018 to include the 2023–2024 campaign. He will have received exactly $100 million in salary from the league by the end of that contract. He probably receives bonuses as well for reaching particular benchmarks and revenue/expansion objectives.

Conclusion

Adam Silver is the NBA’s current commissioner and the league’s sixth overall (NBA). He is a $40 million businessman. He receives a $10 Million salary as NBA Commissioner.

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