Adam Silver Net Worth

Adam Silver is an American businessman and commissioner of the National Basketball Association. He assumed office in 2014 and is widely credited with managing the league’s finances and operations. With a net worth estimated to be around $20 million, Silver has become one of the highest-paid commissioners in professional sports.

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How did Adam Silver become commissioner of the NBA?

In 2014, Silver was appointed as commissioner after serving as deputy commissioner and chief operating officer for eight years prior. Prior to joining the NBA, he held positions at various law firms and publicly traded companies.

What is Adam Silver's estimated net worth?

His current net worth is estimated to be around $20 million.

How has Adam Silver managed the NBA's finances?

Since his appointment as Commissioner in 2014, he has made financial management a priority for the league. He has focused on creating cost controls while also implementing innovative streaming services that boost revenue. He has also increased TV deals which have further contributed to overall financial growth of the association.

What other positions has Adam Silver held?

Before becoming Commissioner, he worked at many different law firms and publicly traded companies including Proskauer Rose LLP, Westinghouse Broadcasting Company, Cravath Swaine & Moore LLP and Turner Broadcasting System Incorporated.

How is his salary determined?

The salary of Adam Silver is determined by a committee comprised of NBA owners who evaluate his performance each year and accordingly set a salary figure for him each season .

Conclusion:
Adam Silver is known for revolutionizing the National Basketball Association both financially and operationally since taking over as commissioner in 2014. With an estimated net worth of around $20 million, it's clear that his efforts have been well rewarded.