David Blatt Net Worth

What is David Blatt's Net Worth and Salary?

David Blatt is an Israeli American professional basketball coach and former professional basketball player who has a net worth of $9 million. David Blatt is known for his sharp tactical mind, adaptability, and ability to build winning teams, David Blatt earned recognition as one of the most accomplished coaches in European basketball. After playing college basketball at Princeton, he moved to Israel, where he played professionally and began what would become a decades-long coaching career. He rose to prominence with clubs such as Maccabi Tel Aviv, with whom he won the 2014 EuroLeague Championship, cementing his reputation as a master strategist. His European success led to an opportunity in the NBA when the Cleveland Cavaliers hired him as head coach in 2014. Blatt guided the team to the 2015 NBA Finals in his first season but was controversially dismissed midway through his second season despite a strong winning record. Afterward, he returned to Europe to continue coaching at the highest levels. Over the years, Blatt has become widely respected for his innovative offensive systems and leadership in both international and club basketball.

Early Life

David Michael Blatt was born on May 22, 1959, in Boston, Massachusetts. He grew up in Framingham, where he excelled at basketball and earned the opportunity to play at Princeton University under coach Pete Carril. At Princeton, he was a starting point guard and embraced the fundamentals of Carril's motion offense, lessons that would shape his coaching philosophy. After graduating in 1981 with a degree in English literature, Blatt traveled to Israel to play professional basketball. He joined the Israeli Premier League and played for several teams before an injury ended his playing career. Choosing to remain in Israel, he transitioned into coaching, setting the stage for an extraordinary international career.

Coaching Career

Blatt's coaching journey began as an assistant in Israel before he quickly rose to head coach positions in both Israeli and European clubs. His breakthrough came with Maccabi Tel Aviv, one of Europe's powerhouse teams. He guided them to multiple Israeli League championships, domestic cups, and most notably the 2014 EuroLeague title, where his underdog team defeated Real Madrid in the final.

In addition to his club achievements, Blatt made a name on the international stage. He coached the Russian national team to a bronze medal at the 2012 London Olympics and a gold medal at the 2007 EuroBasket tournament. His ability to adapt across cultures and languages solidified his reputation as one of the most versatile coaches in the sport.

In 2014, the Cleveland Cavaliers hired Blatt as head coach, marking his entry into the NBA. He inherited a team that had just signed LeBron James and paired him with Kyrie Irving and Kevin Love. In his debut season, Blatt guided the Cavaliers to the 2015 NBA Finals, though they fell short to the Golden State Warriors. Despite holding a strong 30–11 record in his second season, he was fired in January 2016, a decision that drew significant criticism given his success.

Following his NBA stint, Blatt returned to Europe, coaching for clubs such as Darüşşafaka in Turkey, where he won the EuroCup in 2018, and Olympiacos in Greece. He stepped away from full-time coaching in 2019 after being diagnosed with multiple sclerosis but has remained involved in basketball in advisory roles.

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Contracts, Salaries & Career Earnings

During his time in Europe, Blatt was one of the highest-paid coaches in the EuroLeague, particularly at Maccabi Tel Aviv, where his salary was reported to be in the range of several hundred thousand dollars annually, supplemented by performance bonuses. His most lucrative deal came with the Cleveland Cavaliers, where he signed a four-year contract reportedly worth around $20 million in 2014. Though dismissed halfway through the second season, Blatt received a substantial portion of his guaranteed salary from the Cavaliers.

Additional earnings came from his tenure with Darüşşafaka in Turkey, where he was reportedly paid over $1 million per season, and his later deal with Olympiacos, which placed him among the top earners in European coaching at the time. Combined with decades of work across leagues, endorsements, and speaking engagements, Blatt has accumulated a multi-million-dollar net worth, largely tied to his career in coaching.

Personal Life

Blatt has dual American and Israeli citizenship, having lived in Israel since the early 1980s. He is married to Kinneret Blatt, and the couple has four children. Their daughter, Shani, was a standout player for the Israeli national women's basketball team, while their son Tamir played professionally in Europe.

In 2019, Blatt revealed he had been diagnosed with multiple sclerosis, a neurological disease that led him to scale back his coaching duties. Despite the challenges, he has continued to serve in advisory roles and remains a respected voice in international basketball. His resilience in the face of health struggles has added to the admiration he receives from players, peers, and fans alike.

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