Silver receives $10 million per year in pay. Adam Silver’s contract with the NBA was renewed in June 2018 through the 2023-2024 season. That contract will net him exactly $100 million in pay from the league by its conclusion. It’s also likely that he receives financial incentives for reaching certain sales and growth benchmarks.
Adam silver Early Life
On April 25, 1962, Adam Silver was born in Rye, New York, a suburb of New York City. He started his educational journey at Rye High School, from which he graduated in 1980, and moved on to Duke University, where he earned a degree in political science. He served as a legislative aide for Representative Les AuCoin of California for a year after graduating from college in 1984. After that, he went to law school and earned his J.D. from the University of Chicago in 1988. Following graduation from law school, Silver clerked for U.S. District Judge Kimba Wood in the Southern District of New York. He subsequently became an associate at Cravath, Swaine & Moore.
Adam silver Career
To begin his career, Adam Silver served as a Deputy Commissioner for the NBA and afterwards as the league’s COO for a total of eight years. This occurred before he assumed the role of commissioner.
In that position, the attorney oversaw the league’s signature achievements across the board, from the franchise of the league’s most recent three joint haggling agreements with the NBA to the development of the WNBA and NBA Development League.
In addition, NBA China was founded, and a partnership with Turner Broadcasting was formed to manage the NBA’s digital products. He was the league’s second-in-command after having served for more than eight years as chief operating officer and president of NBA Entertainment.
The lawyer’s NBA tenure dates back to 1992, and during that time he has held the positions of NBA Entertainment Chief of Staff, Senior Vice President and Chief Operating Officer, and Special Assistant to the Commissioner.
David Stern recommended the lawyer in 2012 to succeed him as NBA commissioner upon Stern’s announcement of his retirement in 2014.
Adam silver Personal Life
Silver and Maggie have been married since 2015. They’ve raised a single girl as a couple. He is a member of the Duke University Board of Trustees and a 2016 recipient of the University of Chicago Law School’s Distinguished Alumnus Award. In addition, he is involved with the Lustgarten Pancreatic Cancer Foundation as a board member.