Adam Silver is a 59-year-old American lawyer, businessman, and sports executive. He is currently the fifth commissioner of the National Basketball Association (NBA). Adam was appointed as the new commissioner after his mentor David Stern retired in 2014. As of 2021, Adam Silver’s net worth is estimated to be around $10 million.
| Full Name | Adam Silver |
| Birth Date | April 25, 1962 |
| Birth Place | Rye, New York, United States |
| Profession | Lawyer, Sports executive |
| Wife | Maggie Silver |
| Net Worth | $10 million |
Early life
Adam Silver was born on April 25, 1962 in Rye, New York, United States. He was born to Edward Silver, who was a lawyer. His father was a senior partner in the Proskauer Rose law firm.
Regarding his education, he attended the Liceo Scientifico Rai, graduating in 1980. He later attended Duke University with a bachelor’s degree in political science, graduating in 1984. He later entered the University of Chicago Law School, graduating in 1988. in right.
Adam gained his first professional experience in 1984 when he worked as a legislative adviser for Les Aucoin policy. After graduating from law school, he clerked for Judge Kimba Wood. Adam then worked as a partner at the law firm Cravath, Swaine & Moore.
Adam Silver Net Worth and Career
After several years of legal experience, he was named President and COO of the production arm of the National Basketball Association, NBA Entertainment. While there, he also executive produced the IMAX film Michael Jordan Before Max and the documentary What Ever Happened to Michael Ray?.
Adam served as COO of NBA Entertainment for eight years. Subsequently, he was named assistant commissioner of the NBA. As an assistant commissioner of the NBA, he was instrumental in negotiating the league’s last three collective bargaining agreements with the National Basketball Players Association. He was also involved in the development of the NBA Development League and the founding of the China NBA.
Silver’s name was confirmed as his replacement by then-NBA commissioner David Stern on October 25, 2012. He was named the new commissioner after Stern resigned on February 1, 2014. A few months later, he was banned from for life to Donald Sterling of the NBA. Adam made the decision after TMX Sports posted a video of Sterling making racist comments to his girlfriend. Silver was also fined $2.5 million by Silver.
Adam spoke out in favor of the legalization and regulation of sports betting on November 13, 2014. The news was published in the New York Times. Adam decided to suspend the 2019-20 NBA season due to the COVID-19 pandemic on March 11, 2020. However, three months later, on June 4, 2020, a $170 million investment in the NBA bubble. As part of the investment, 22 of the 30 basketball teams will participate in the NBA Bubble. At the end of the regular season, he said that the idea of running the NBA Bubble was better than they had imagined.
Personal life of Adam Silver
Adam Silver is a married man who married a woman named Maggie in 2015. He has two daughters with his wife Maggie. His eldest daughter was born in April 2017 and the youngest in May 2020.
Adam Silver’s Luck
As of 2021, Adam Silver’s net worth is estimated to be around $10 million. His contract was extended in June 2018 through the 2023-24 season. Silver will receive a salary of $100 million. Additionally, he will receive bonuses for completing various milestones and sales/expansion goals. In 2015, Adam was named one of Time Magazine’s 100 Most Influential People and one of Fortune’s 50 Greatest Leaders.