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Bob Costas Net Worth: How Rich Is This American Sportscaster?

In this article, we will discuss the topics like, What is the net worth of Bob Costas? Everything about Bob Costas and also How much money has he amassed? Therefore, if this is something that piques your curiosity, stick with us.

Table of Contents

How Much Money Does Bob Costas Have?

The net worth of American sportscaster Bob Costas is $50 million. Bob is best known for being a sportscaster for NBC Sports. He hosted several important sporting events, including a dozen Olympic games. Starting in 1980, he worked for NBC until 2019. He is also known for his work with the MLB Network and his play-by-play commentary. Costas also had a show called “Studio 42 with Bob Costas” at one time.

Bob Costas has won several important awards throughout his career. The NSMA has given out eight National Sportscaster of the Year awards, and the ASA has given out four Sportscaster of the Year awards. Costas has also won more than twenty Sports Emmy Awards for hosting and making announcements. There are Emmys for sports, news, and entertainment, among other things. He is the only person in the history of TV to have won Emmys in all three categories.

The Basketball Hall of Fame’s Curt Gowdy Media Award, a TV Guide Award, the Dick Schaap Award for Outstanding Journalism, and the Walter Cronkite Award for Excellence in Journalism are some of the other awards he has won. Also, the National Baseball Hall of Fame gave Bob Costas the Ford C. Frick Award.

Early Life

Robert Quinlan Costas was born in Queens, New York, on March 22, 1952. Robert grew up in Commack in a family with Greek roots, but he did not get along well with his father. This bad relationship is still going on. Bob went to Syracuse University after he graduated from high school. He went to Syracuse’s S.I. Newhouse School of Public Communications for the next few years to get a degree in communications, which he got in 1974.

Bob Costas Net Worth

Career

Bob started his career as a sportscaster before he even graduated from college. In 1973, he started working at a TV station that was affiliated with ABC. At the same time, he was the announcer for the hockey team the Syracuse Blazers. After college, Costas, who was 22 at the time, worked at KMOX radio in St. Louis. At this point, he gave play-by-play updates for the American Basketball Association basketball team Spirits of St. Louis. As his career went on, Bob also filled in for the first-choice play-by-play announcer for the Missouri Tigers, the Chicago Bulls, and the St. Louis Blues.

Don Ohlmeyer hired Costas in 1980, when he was 28 years old, to work for NBC. Over the next few years, Costas became one of the most important people at NBC. He hosted coverage of the NFL, NBA, MLB, boxing, NASCAR, golf tournaments, and many other sports events. He was on shows like “Game of the Week,” “PBC on NBC,” “Showtime,” “Sunday Night Football,” “Football Night in America,” “The NFL on NBC,” “NHL Live,” and many more. Costas also led NBC’s coverage of every Olympic Games from 1988 to 2016.

In 2017, it was said that Bob was getting ready to leave NBC. By 2019, they were no longer together. Costas has also hosted several talk shows that have nothing to do with sports. These include “Later with Bob Costas,” “Larry King Live,” and “On the Record with Bob Costas.”

Relationships

Carole “Randy” Randall Krummenacher was Bob Costas’s first wife. They got married in 1983. During the time they were together, they had two children. In 2001, they broke up. After Bobs made a bet with Kirby Pucket that he would name his child after the baseball player if his batting average went above.350, Costas agreed to change the name of his firstborn son to Keith Michael Kirby Costas. Both of Bob’s kids ended up working in sports news, and as a result, they both won Sports Emmys. In 2004, Costas married Jill Sutton, who was his second wife. They now live together in New York.

Bob Costas Net Worth

Controversy

In 2012, Costas said that Americans’ love of guns was making more people die in domestic fights. This comment was seen as supporting gun control measures, and it angered many Republicans, both as individuals and as groups. Bob later explained why he said what he did and asked for smarter gun control laws.

In 2014, conservatives criticized Bob again because he seemed to praise Vladamir Putin for how he dealt with tensions in the Middle East. But it turned out later that most of his comments had been taken out of context and that he had criticized Putin in the same breath as those comments.

In 2017, Costas said that concussions are bad for people’s brains and that’s why football is going down. He also said that because of this, he wouldn’t let his son play the sport. He was fired from his job as Super Bowl LII host because of these comments, and he never got to go to the game. Not only that, but it seems like these comments played a role in his leaving NBC after 40 years.

Salary

In 1979, NBC hired Bob and gave him a contract worth $100,000 per year. That is the same as making about $300,000 a year now. He worked for NBC until 2019. During his almost 40-year career at NBC, Bob made about $100 million in salary before taxes. When he left NBC, he was making $7 million a year.

Bob Costas Net Worth

Real Estate

In 2013, it was said that Bob Costa and his wife had bought a home in the California town of Newport Coast for $4.7 million. Bob’s house is in a gated community and is on a half-acre lot. It has a saltwater pool, a spa, a pool house, and a separate cabana. Also, there is a guest casita for when he has guests. About 4,500 square feet of living space are in the main house.

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