Bob Costas Net Worth: What Is His Annual Salary?

Bob Costas Net Worth: Bob Costas is a household figure in sports broadcasting. He has spent nearly his entire life working in sports broadcasting, most recently as a regular commentator for NBC Sports until his retirement in 2019. With a career as successful as Bob Costas’, it’s no surprise he’s also one of the wealthiest sportscasters of all time.

How much money did Bob Costas amass in 2022, thanks to his prosperous career? Bob Costas has worked hard to collect his considerable personal worth over the years. In that case, let’s take a look at the highlights of his life that have made him a household name in the sports world.

Bob Costas Net Worth
Bob Costas Net Worth

Bob Costas Early Life

While his success now is evident in his massive net worth, Bob Costas’ path to this point was far from easy. Bob Costas entered this world on March 22, 1952, in Queens, New York. He had a less-than-ideal relationship with his father as a child growing up in a Greek home in Commack.

Their relationship has not improved to this day. Bob Costas received a degree in communications from Syracuse University in 1972.

Bob Costas Career

He began working as a sportscaster before completing his undergraduate degree. He started his career in broadcasting in 1973 with a local affiliate of ABC, where he served as the play-by-play announcer for the Syracuse Blazers ice hockey team. Right out of college, at age 22, he got a job with KMOX radio in St. Louis.

He called games for the American Basketball Association’s St. Louis Spirits while employed there. After that, he did play-by-play for teams like the Missouri Tigers, the Chicago Bulls, and even the St. Louis Blues. Bob Costas has hosted many athletic events, but he is best known for his work as an NBC Sports sportscaster.

He started working for NBC in 1980 when he was only 28 and quickly rose to prominence there. He called numerous professional football, basketball, NASCAR, and golf events. Game of the Week, PBC on NBC, The NFL on NBC, NHL LIVE, and many more contributed to Bob Costas’s massive net worth. His enormous personal worth is mainly attributable to his hosting nearly a dozen Olympic events.

He presented every segment of NBC’s Olympics coverage from 1988 to 2016. To a large extent, Bob Costas owes his wealth to the discussion shows he has given over the years. When not covering sports, he hosted shows like “Larry King Live,” “On the Record with Bob Costas,” and “Later with Bob Costas.” He showed tremendous skill in play-by-play broadcasting for MLB Network.

He also had success with his show, “Studio 42 with Bob Costas,” which received high ratings from its audience. Not only is he well-known worldwide, but he is also the recipient of many honors attesting to his fame. He received the NSMA’s “National Sportscaster of the Year” honor an unprecedented eight times.

Not only that, but the Associated Press named him Sportscaster of the Year four times. He hosted and announced for many sports and received over twenty Emmys. He is the only individual in television history to win Sports Emmys in the news and entertainment categories.

The Curt Gowdy Media Award is another honor. The TV Guide Award, the Dick Schapp Award, the Walter Cronkite Award, and the Ford C. Frick Award. Along with this, you can read Ben Gordon’s Net Worth.

Bob Costas Personal Life

Many are curious about Bob Costas’ wealth, but he has plenty more in his personal life and relationships. Bob Costas’ first wife, Carole “Randy” Randall Krummenacher, was born in 1953. The couple divorced in 2001, despite having two kids together. Jill Sutton, his second wife, and he tied the knot in 2004; the couple currently resides in New York.

Bob Costas Net Worth

The wealth of Bob Costas is something that many curious fans would like to learn. Bob Costas’ overall net worth in 2022 is $50 million. In 1979, he got a contract with NBC for a salary of $100,000. For nearly 40 years, he was an integral part of NBC, and his compensation reached $100 million.

Before he left NBC, he was making $7 million a year. In addition, he has several real estate holdings, including a $4.7 million home in California’s Newport Coast.

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