Adam Silver's Net Worth as of December 2023 is $35 Million
Quick Facts of Adam Silver
|Net Worth||$35 Million|
|Height||6 ft 2 in|
|Date of Birth||25 April, 1962|
You would not pick out Adam Silver from a crowd for any reason, judging by his physical attributes. The man, however, has made himself of global reckoning in the sports he never played but was fond of while he grew up in Rye, New York.
A corporate lawyer and legal luminary by profession, Adam Silver decided to swap the courtroom for the boardroom as he today has become the National Basketball Association (NBA) number one man – Commissioner of the NBA – having joined the league in 1992.
How did he make the journey from a special assistant to a commissioner? Read on to find out…
Adam Silver’s Bio, Age
Adam Silver is a native New Yorker born on April 25, 1962. He was also raised in the city (in the suburb of Rye in New York). His parents are Edward and Melba Silver and although they are citizens of the United States, his family also has Jewish roots.
He has four older siblings, two brothers and two sisters – Erik, Ann, Owen, and Emily.
While Silver took up a career in the legal sector, his siblings each toed their own very distinct paths. His brother Erik Silver works as the director of tennis at a resort in Florida while Owen Silver is an entrepreneur in Boulder, Colorado.
For his sisters, while Ann runs a nonprofit organization in Nevada, Emily Geier lives with her family in Ohio and is simply a homemaker and mother.
Growing up, Silver attended Rye High School, in New York before proceeding to college at Duke University and graduating in 1984 with a Bachelor of Arts degree.
He started working on Capitol Hill for U.S. Congressman Les AuCoin as an office aide immediately after his graduation and quit after two to obtain a law degree – which he did in 1988 from the University of Chicago Law School.
Although a “subdued” basketball fan as he likes to describe his passion for the sports, he never really thought he will end up in basketball management (even though he was a die-hard New York Knicks fan as a child).
Before he found himself in the NBA, Adam Silver worked as a corporate lawyer in New York. He worked with Cravath, Swaine & Moore as a litigation associate before serving Judge Kimba Wood, a US Federal judge, as a law clerk.
Silver joined the National Basketball Association (NBA) in 1992 and has since served in several positions as he progressed in his career.
He started off as a special assistant to David Stern, who was the then-Commissioner of the NBA, then he became the association’s chief of staff before being promoted to senior vice president (and subsequently, president) and chief operating officer (COO) of NBA Entertainment.
In July 2006, Silver became NBA’s deputy commissioner and held the position for eight years.
He was, however, anointed by his boss, David Stern as his successor on October 25, 2012, when the latter made the announcement that he would retire in February 2014.
And three months on as Commissioner, Silver faced his biggest test yet at the helm. The media carried a report about the Los Angeles Clippers owner, Donald Sterling, and his racist comments about individuals in the league.
The video was met with widespread condemnation from all, especially, from interests within the Association.
As all watched to see what the position of the NBA would be on the matter and how they would respond, Adam Silver struck a decisive blow. On April 29, 2014, he banned Sterling from associating with the NBA and all its concerns, for life.
He was also stopped from attending any games in any arena as well. Silver went ahead to impose a $2.5 million fine on the Clippers which would make that go down in history as the worst punishment meted out to a sports owner ever.
With this, his reputation grew like wildfire across the world of sports as a no-nonsense manager. He earned many plaudits for his bravery in taking a once and for all stance against all types of racism in basketball and world sports by extension.
Is Adam Silver suffering from Illness?
A famous NBA player Adam Silver has been rumored that he is suffering from cancer which resulted in him having a bald head. It has not been confirmed that he suffered from cancer.
Is Adam Silver Gay?
This is an expected question for fans of the NBA and also Adam Silver’s fans as he had been seen attending New York City’s gay pride parade on two occasions.
Worse of all, Silver did not just attend, he participated fully in the event and could be seen dancing while waving the gay flag.
In the 2018 parade, he was spotted with Jason Collins, NBA’s first openly gay player, Rick Welts, president of the Golden State Warriors (who is equally gay), and his (Welts) partner, Todd Gage.
Those incidents have made even doubters believe that the NBA Commissioner is gay and many held onto that belief until his marriage to his longtime girlfriend, Maggie Grise.
What is the Net Worth of Adam Silver?
A famous American Businessman, as well as sports executive Adam Silver has an estimated net worth of $35 million as of the year 2022.
Who is Adam Silver Married Too? Family, Wife
Adam Silver got married to Maggie Grise in May 2015 after they connected with each other the first time they met. They were introduced by a mutual friend and the rest, as they say, became history.
Their family experienced an addition of a child – something Silver mentioned in an April 2015 interview with Today that he is looking forward to the experience and can’t wait to know how it feels to be a father.
His wish was granted in 2017 – two years after the wedding – when his wife Maggie, gave birth to a bouncing baby girl, whom they named Louise Burns Silver.
Height and Other Facts About Adam Silver
Name: Adam Silver
Profession: Lawyer and Businessman
Birth Date: April 25, 1962
Birth Place: Rye, New York
Spouse: Maggie Grise
Children: 1 (Louise Burns Silver)
Height: 6 ft 3 in (1.91 m)
Eye Color: Black
Hair Color: Bald
Net Worth: $25 million