What is Terry Gannon's Net Worth?
Terry Gannon is an American television sportscaster who has a net worth of $4 million. Terry Gannon is best known for announcing golf, figure skating, basketball, and gymnastics events. He has covered these and other sports for such networks as NBC, ABC, ESPN, and the Golf Channel. Previously, Gannon was a college basketball player at North Carolina State University, where he was part of the legendary "Cardiac Pack" Wolfpack team that won the 1983 NCAA men's basketball tournament.
Early Life and Education
Terry Gannon was born on November 1, 1963 in Joliet, Illinois to Mary and Jim. Growing up, he took tap dancing lessons from his mother, a longtime instructor of tap dancing. As a teenager, Gannon went to the all-male Joliet Catholic High School, where his father coached. He then attended North Carolina State University in Raleigh. At NC State, Gannon played college basketball with the Wolfpack under coach Jim Valvano. He was twice named an Academic All-American, and in 1983 was part of the "Cardiac Pack" team that won the NCAA men's basketball tournament. During his collegiate career, Gannon became NC State's all-time leading free throw shooter. He graduated in 1985 with a degree in history.
Career Beginnings
After graduating from NC State, Gannon worked for a year as a graduate assistant to his former coach Jim Valvano. He had intended to become a basketball coach himself, and played professional basketball briefly in Europe. However, Gannon ultimately left behind his playing career when he was encouraged by Valvano to pursue a career in broadcasting.
Sportscasting Career
Gannon started his sportscasting career in 1986 on Jim Valvano's television and radio shows, covering regional basketball games. He went on to become a regular college basketball analyst for such channels as Raycom Sports, Sports South, and Home Team Sports, as well as a play-by-play announcer for college baseball on Prime Sports and Jefferson-Pilot Sports. From 1990 to 1994, Gannon announced for Minor League Baseball's Charlotte Knights. Meanwhile, in 1991, he began doing college basketball commentary for ABC, and in 1993 started doing play-by-play coverage for both college basketball and football. It was also in the early 1990s that Gannon started co-hosting ABC's coverage of figure skating, originally with former Olympic skaters Dick Button and Peggy Fleming. He soon began covering golf events on the PGA Tour. Gannon covered a myriad of other major sports events during his time with ABC, including but not limited to: three Tours de France, three Little League World Series, the 2002 FIFA World Cup, the 2004 Indianapolis 500, and the 2006 Belmont Stakes. He also hosted the Tournament of Roses Parade for six years.
In 2010, Gannon joined the Golf Channel, owned by the NBC Sports Group. For the channel, he has served as a play-by-play announcer and host of PGA Tour and LPGA Tour events. Also in 2010, Gannon became the lead play-by-play announcer for figure skating on NBC Sports, and a play-by-play announcer for "NBA on ESPN." For the 2010 Winter Olympics in Vancouver, he served as the daytime host on Universal Sports. Gannon went on to cover rowing and canoeing for NBC during the 2012 Summer Olympics in London. In 2014, at the Winter Olympics in Sochi, he had his first gig doing play-by-play figure skating commentary with former Olympic skaters Tara Lipinski and Johnny Weir. Together, the three were so popular with audiences that they were promoted to NBC's lead figure skating announcing team; they subsequently covered both figure skating and ice dancing at the 2018 and 2022 Winter Olympics. Gannon also covered the 2016, 2020, and 2024 Summer Olympics, announcing gymnastics events at the latter two. Additionally, with Lipinski and Weir, he has co-hosted multiple Olympics closing ceremonies. Among his other assignments, Gannon does play-by-play commentary for Big Ten college basketball on Peacock.
Personal Life & Real Estate
In 1987, Gannon married his wife Lisa. Together, they have a daughter named Maddie and a son named Jake. Their daughter, a journalist, works as a political news reporter for Spectrum News.
In November 2005, Terry and Lisa paid $2.2 million for a house in Los Angeles.