What is Luke Walton’s Net Worth?
Luke Walton, a former NBA player and current basketball coach, has a net worth of $30 million. He played for 10 seasons before transitioning to coaching with teams such as the Sacramento Kings and Golden State Warriors. Walton won two championships with the Los Angeles Lakers during his playing years and went on to help the Warriors win a title as their assistant coach. He also served as the interim head coach for the Warriors in the 2015-16 season, leading them to a record-breaking winning streak. From 2016 to 2019, Walton was the head coach for the Los Angeles Lakers before moving on to the Sacramento Kings.
Luke Walton’s Background
Luke Theodore Walton was born on March 28, 1980, in San Diego, California. He comes from a family with a rich basketball history, as his father is NBA legend Bill Walton. Raised with three brothers, Luke attended high school in California and graduated in 1988.
After high school, he attended the University of Arizona, where he was coached by Lute Olson. He performed well and graduated in 2003, having studied family studies and human development.
Luke Walton’s NBA Career
Luke Walton was selected by the Los Angeles Lakers in the 2003 NBA draft. He quickly established a reputation for himself as a hardworking young player and reached his peak in the 2006-2007 season, setting a number of impressive personal records. In 2007, he signed a new contract with the Lakers for $30 million. Walton managed to win two championships with the Lakers in 2009 and 2010. He was traded to the Cleveland Cavaliers in 2012, where he ended his playing career.
Luke Walton’s Coaching Career
Walton began his coaching career as an assistant coach for the University of Memphis during the 2011 lockout. He then joined the Los Angeles D-Fenders as a player development coach in the NBA Development League. In the 2014-2015 season, he was hired as an assistant coach for the Golden State Warriors, where he made a major breakthrough. He took over as interim head coach during the 2015-2016 season and achieved impressive results, including a record-breaking win. He then became the head coach for the Los Angeles Lakers, but internal conflicts led to his departure in 2019. Walton is currently the head coach of the Sacramento Kings.
Marriage and Family Life
In 2013, Luke Walton tied the knot with his long-time girlfriend, Bre Ladd, whom he had met 11 years prior while studying at the University of Arizona. The couple has been blessed with two children.
Controversies Involving Luke Walton
In 2008, Luke Walton was stalked by a woman who pretended to fire gunshots at him with her hand. In 2019, SportsNet host Kelli Tennant sued Walton for sexual assault, alleging that he assaulted her in a hotel room while acting as assistant coach for the Golden State Warriors. The lawsuit was dropped due to lack of evidence.
Luke Walton’s Real Estate Investments
Luke Walton has made some notable real estate investments in Manhattan Beach, California. In 2004, he purchased a condo for $860,000 and sold it four years later for $1.235 million. In 2007, he bought a new home in Manhattan Beach for $2.75 million and sold it a decade later for $3 million, earning a significant profit both times.
In 2017, Walton purchased a mansion in Manhattan Beach for $7.2 million. The property spans 10,000 square feet and features eight bedrooms and eight bathrooms. It was previously owned by CEO John Macaluso and features French Riviera-style architecture. The mansion also boasts a games room, a movie theater, and a 300-bottle wine room. Outside, there are landscaped gardens, an outdoor kitchen, an outdoor bar, and a 46-foot pool.
