Boston Celtics have reportedly paid Kevin Garnett $5M annually since his retirement.

Kevin Garnett still receives money from the Celtics despite no longer playing for them.

October 13th 2023.

Boston Celtics have reportedly paid Kevin Garnett $5M annually since his retirement.
Kevin Garnett had an illustrious career in the NBA, leaving an indelible mark on the game that will never be forgotten. He was the first of the high school phenoms that made headlines in the mid-2000s, and was inducted into the Hall of Fame in 2020.

Garnett was smart to set up a deal with the Celtics that would pay him $5 million a year until 2024. It is a testament to his success and foresight as a player to have a post-retirement income. This deal was agreed on in 2011 and was set up to defer a portion of his salary until after retirement, resulting in a total of $35 million over seven years.

Garnett had a brilliant career, averaging 17.8 points, 10.0 rebounds, 3.7 assists, 1.3 steals, and 1.4 blocks per game. He was named MVP for the 2003-04 season and Defensive Player of the Year for the 2007-08 season. He is also the only player in NBA history with 25,000 points, 10,000 rebounds, 5,000 assists, 1,500 blocks and 1,500 steals.

Garnett's impact on the playoffs is particularly noteworthy, having appearing in 143 games and reaching the finals twice. He is known as "The Big Ticket" for his immense contributions to the game, and now he is launching a 3x3 Str33t Basketball League in 2024.

Kevin Garnett was a remarkable player and his deal with the Celtics is a testament to his success. His retirement from the NBA in 2016 is still felt today, and he will be remembered for generations to come.

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