Adam Silver Bio: Age, Net Worth, Wife, NBA, and More

Publish date: 2024-06-12

Adam Silver is the fifth and current commissioner of the National Basketball Association (NBA). He began his career in the NBA in 1992 and held a number of positions there before being appointed deputy commissioner in 2006 by his predecessor and mentor, David Stern. Silver was appointed the new commissioner when Stern departed in 2014.

The league has expanded monetarily and internationally under Silver’s leadership, particularly in China.

In 2014, Donald Sterling received media attention as Sterling was forced to sell the Los Angeles Clippers and afterward banned for life from all NBA games and events due to racial remarks.

In this article, we will take you through everything that you need to know about him including how old he is, his net worth, his educational background, his wife, his NBA career, and many other important things about him.

If you do not know anything about Adam Silver, this article gives you all the details about him.

Early Life and Education

Silver was born into a Jewish American household.

His father, labor law specialist Edward Silver, was a senior partner at the firm Proskauer Rose from 1921 until 2004. Silver was raised in Westchester County’s Rye, a suburb of New York City.

1980 saw his Rye High School graduation.

After high school, Silver attended Duke University.

In addition to being a member of the fraternity Phi Delta Theta, he earned his Bachelor of Arts in political science in 1984.

From 1984 to 1985, he served as Les AuCoin’s legislative assistant.

Silver then enrolled in the University of Chicago Law School, where he graduated with a J.D. in 1988.

Silver worked as a law clerk for Judge Kimba Wood of the U.S. District Court for the Southern District of New York for a year after graduating from law school.

After that, he became an associate at Cravath, Swaine & Moore.

Before joining the NBA as a commissioner, he had worked as a lawyer.

He has worked as the commissioner of the NBA for nine years now, and his contract was recently renewed to 2024, meaning that he still has work to do to improve the sport, what is Adam Silver net worth?

Adam Silver Net Worth

His role is a very lucrative one, thus, he is expected to be earning a lot of money. How much has he made as a commissioner of the NBA for years?

Adam Silver, a businessman, lawyer, and sports executive from the United States, is reported to have a net worth of $40 million and an income of $10 million annually.

In June 2018, the NBA renewed Adam Silver’s agreement to run until the 2023–2024 campaign.

He will have been paid exactly $100 million by the league by the end of that contract.

He probably presumably gets bonuses for hitting certain sales and expansion targets.

NBA Career

He has not stepped on the court as one of the NBA’s star players, he only joined as a commissioner, how did his career begin?

He received David Stern’s support to succeed David Stern as NBA commissioner on October 25, 2012.

Silver received unanimous approval from the NBA owners to succeed Stern on February 1, 2014, the day after he announced his resignation.

On April 25, 2014, TMZ Sports published a video of Donald Sterling, the owner of the Los Angeles Clippers, speaking to his girlfriend and using racial slurs.

On April 29, 2014, Silver responded by declaring that Sterling had been permanently barred from the NBA.

Silver also assessed Sterling a $2.5 million fine, the maximum permitted by NBA rules.

Adam Silver effectively removed all of Sterling’s power over the Clippers and asked owners to vote to remove Sterling as the team’s owner.

Sterling was prohibited from going inside any Clippers facilities and from going to any NBA games.

One of the harshest penalties ever meted out to a professional sports owner.

In response to the COVID-19 epidemic, Silver decided to halt the 2019–20 NBA season on March 11, 2020.

For 22 of the 30 clubs in the NBA Bubble, it was declared on June 4, 2020, that the season would restart.

This $170 million investment was made to safeguard the players, the coaches, and the successful conclusion of the season.

Who is Adam Silver’s wife; who did he marry?

Adam Silver Wife

Maggie Grise, an interior designer, is Adam Silver’s wife. They wedded in 2015.

Since then, the couple has welcomed two kids and has been enjoying their life.

In a very private ceremony, Adam Silver and Maggie Grise said their vows in front of a select few family members in 2015.

The couple’s first child, Louise Burns Silver, was born in April 2017.

They welcomed a second daughter into the world in May 2020 as their second child.

Interior designer Maggie Grise lives in New York City.

She has never disclosed her place or date of birth to the wider public.

Tom Cavanagh, an actor, is married to her sister Maureen Grise.

Tom Cavanagh and Adam Silver are now in-laws.

Honors

David Silver was placed first 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 recognized as one of Fortune’s 50 Greatest Leaders and one of Time’s 100 Most Influential People in that same year.

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

He holds a seat on Duke University’s Board of Trustees and was given the University of Chicago Law School’s 2016 Distinguished Alumnus Award.

The Lustgarten Foundation for Pancreatic Cancer Research has him on its board of directors.