George Karl Net Worth (Updated 2025).

George Karl, a name synonymous with basketball, began his coaching career in the early 1980s. After graduating from the University of North Carolina at Chapel Hill, he started as an assistant coach for the University of Maryland. His passion for the game and strategic mind were evident even in his early years, quickly propelling him up the ranks. In 1984, he got his first big break as the head coach of the Cleveland Cavaliers in the NBA.

George Karl’s Current Net Worth (2025)

As of 2025, George Karl’s net worth is estimated to be around $20 million. This figure is based on the latest available information and reflects his successful career in the NBA as a coach.

Career

George Karl, born in 1951, is a renowned American basketball coach. He began his coaching career in 1978, serving as an assistant coach for the San Antonio Spurs. In 1984, he became the head coach of the Cleveland Cavaliers, marking the start of his impressive NBA head coaching career. Karl has since coached several teams, including the Golden State Warriors, Seattle SuperSonics, Milwaukee Bucks, Denver Nuggets, and Sacramento Kings. He is known for his innovative offensive strategies and has led his teams to numerous playoff appearances and division titles. Karl was named the NBA Coach of the Year in 2013.

Other Ventures

In addition to his coaching career, George Karl has also ventured into broadcasting and writing. He has worked as an analyst for NBA TV and other networks, providing expert commentary on games and strategies. In 2016, Karl published his autobiography, “Furious George: My Forty Years Surviving NBA Divas, Clueless GMs, and Poor Shot Selection,” which offers a candid look into his career and the NBA. Karl has also been involved in various charitable initiatives, including the George Karl Foundation, which supports cancer research and treatment.

Assets

George Karl’s assets primarily consist of his real estate holdings and investments. He owns a luxurious home in Colorado, valued at around $2.5 million, and has other property investments. Karl also has a diverse investment portfolio, including stocks and bonds, which contribute to his overall net worth. His NBA coaching career has been the primary source of his wealth, with his annual income largely derived from his coaching salaries and bonuses.

Annual Income

George Karl’s annual income has varied throughout his coaching career, with his peak earnings occurring during his time with the Denver Nuggets. In 2013, his final season with the Nuggets, Karl earned an estimated $6 million in salary and bonuses. Since then, his annual income has been lower, with his most recent coaching stint with the Sacramento Kings earning him around $2 million per year. In addition to his coaching income, Karl also earns money from his broadcasting work and book sales.

Frequently Asked Questions about  George Karl

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Frequently Asked Questions: George Karl Net Worth

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1. What is George Karl’s net worth?

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George Karl’s net worth is estimated to be around $20 million.

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2. How did George Karl make his money?

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George Karl made his fortune primarily through his successful coaching career in the NBA. He has coached several teams, including the Cleveland Cavaliers, Golden State Warriors, Seattle SuperSonics, Milwaukee Bucks, Denver Nuggets, and Sacramento Kings.

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3. How long has George Karl been coaching in the NBA?

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George Karl has been coaching in the NBA for over 30 years. He started his coaching career in 1984 with the Cleveland Cavaliers.

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4. What is George Karl’s coaching record in the NBA?

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As of 2021, George Karl’s coaching record in the NBA is 1,175-891 (.573). He is one of the winningest coaches in NBA history.

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5. Has George Karl won any NBA championships as a coach?

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No, George Karl has not won an NBA championship as a head coach. He has come close, reaching the NBA Finals with the Milwaukee Bucks in 1974 as an assistant coach.

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6. What is George Karl’s annual salary?

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George Karl’s annual salary is not publicly disclosed. However, as of his last coaching stint with the Sacramento Kings in 2016, he was reportedly making around $6 million per year.

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7. What is George Karl’s highest-paying coaching job?

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George Karl’s highest-paying coaching job was likely with the Denver Nuggets, where he served as head coach from 2005 to 2013. His salary during this time is not publicly disclosed, but it is believed to have been in the range of $5-7 million per year.

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8. Does George Karl have any endorsement deals?

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There is no public information available about George Karl having any active endorsement deals.

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9. What is George Karl’s net worth compared to other NBA coaches?

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George Karl’s net worth places him among the wealthiest NBA coaches. However, he is not as wealthy as some of the most successful coaches in NBA history, such as Gregg Popovich and Phil Jackson, who are both estimated to have net worths over $50 million.

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10. What is George Karl’s net worth compared to NBA players?

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George Karl’s net worth is significantly lower than many of the wealthiest NBA players. For example, LeBron James is estimated to have a net worth of over $500 million, while Michael Jordan’s net worth is estimated to be around $2 billion.