Last Updated on May 4, 2025 by Mat Diekhake

Here’s a summary of Kevin Garnett’s contract history throughout his NBA career:

Kevin Garnett NBA Contract History

1. Rookie Contract – Minnesota Timberwolves (1995–1997)

  • Drafted: 1995, 1st Round, 5th overall by the Timberwolves
  • Contract: 3 years, approx. $5.4 million (standard rookie deal for a high pick at the time)

2. Record-Breaking Extension – Minnesota Timberwolves (1997–2004)

  • Signed: 1997
  • Value: 6 years, $126 million
  • Note: At the time, it was the largest contract in NBA history, sparking a new collective bargaining agreement (CBA) that imposed maximum salary limits.

3. Extension – Minnesota Timberwolves (2003–2009)

  • Signed: 2003
  • Value: 5 years, $100 million
  • Note: This deal began after his $126M deal ended. Garnett stayed loyal to the Timberwolves despite limited team success.

4. Boston Celtics Contract – (2007–2012)

  • Initial contract taken in trade from Minnesota in 2007
  • Extension signed: July 2007
  • Value: 3 years, $51.3 million (after initial deal expired in 2009)
  • Re-signed: In 2011 for 2 years, ~$21 million
  • Championship: Won NBA title in 2008 with Boston

5. Brooklyn Nets – (2013–2015)

  • Traded: 2013 as part of the blockbuster Celtics-Nets deal
  • Contract carried over: Garnett was still under his Celtics deal during his stint with the Nets
  • Total earnings with Nets: Around $24 million over 2 seasons

6. Return to Minnesota – (2015–2016)

  • Signed: 2-year, $16.5 million deal in July 2015
  • Retired: September 2016, ending the contract early

Career NBA Earnings:

Estimated at $334+ million, placing him among the highest earners in NBA history at the time of his retirement.