Duke

Reports: Coach K compensated nearly $10 million in 2011

Posted May 15, 2013

— Duke head basketball coach Mike Krzyzewski earned nearly $10 million in the 2011-12 season, according to a report released by the USA Today earlier this week.

According to the report, Krzyzewski was paid just under $2 million in base salary, earned over $5.5 million in bonuses and incentives, netted nearly $2 million in retirement and deferred compensation plus brought in over $50,000 in “other reportable compensation” and nearly $20,000 in “non-taxable benefits”.

All told, the earnings added up to almost $9.7 million. The USA Today reported that Coach K made over $7.2 million in 2010 and nearly $4.7 in 2009.

A similar report by the Triangle Business Journal stated that the roughly $7.7 million Krzyzewski earned in salary and bonuses 2011 was “more than triple any other employee at the university or affiliated healthcare system.” The report continued to say that Duke head football coach David Cutcliffe earned $1.7 million in salary and bonus compensation in 2011.

The USA Today report listed Kentucky’s John Calipari as earning $5.4 million for the 2012-13 season before bonuses. Tops among football coaches was Alabama’s Nick Saban at $5.5 million for the 2012 season.

According to the most updated salary database provided by the USA Today, NC State head coach Mark Gottfried’s total pay sits at $1.95 million with $1.3 million more in additional bonus opportunities. UNC’s Roy Williams follows closely behind at $1.77 million with a max bonus of $111,312.

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  • Tarheel7074 May 18, 9:05 p.m.

    this is whats wrong with college sports today

    — Posted by sscurrin2

    He's not what's good about college athletics but what's bad. Big salaries, Big time contracts,... View More

    — Posted by sickofblackleaders

    Don't you wish you were like Mike?

    — Posted by dukiedon45

    You do realize that when that phrase, "be like Mike" was coined....it referred to the greatest basketball player ever: Michael Jordan (not Mike K).

  • Tarheel7074 May 18, 8:57 p.m.

    ^^^ He's the envy of most all coaches in the Country. His astute business skills are solid, and... View More

    — Posted by hokies94vt@gmail.com

    Agreed 100%

    K is a class act and the best in the business.

    — Posted by Hans

    ....in the BUSINESS>>>>>therein lies the problem......college athletics..."a BUSINESS"....very sad....and intercollegiate athletics continues to deteriorate....just like pro sports...is in the toilet.

  • 75Tarheel May 16, 1:52 p.m.

    Haters gonna hate. K does more for the charitable foundations around here than all the other... View More

    — Posted by kingoftrolls01

    Same hole your 'dooks' comes out of.....go back to your mama's basement.

    And I'm absolutely positive that any of the College Coaches within a 50 mile radius; hell let's make it in the country make more money than you, me and most all of anyone reading this thread. I guess that's what your jealous of.

    As for me, I'm grateful for Coach K's generosity with the Back and Spine clinic as I've been a patient since it was opened.

    GO HEELS!!

  • Wags May 16, 1:10 p.m.

    Finally, we can bash someone else except UNC.

  • Wags May 16, 1:07 p.m.

    "NC State head coach Mark Gottfried’s total pay sits at $1.95 million with $1.3 million more in additional bonus opportunities."

    We are actually comparing these two? How many championships has Gottfried won.

  • kingoftrolls01 May 16, 12:01 p.m.

    Haters gonna hate. K does more for the charitable foundations around here than all the other coaches in this area combined. He makes ALOT of money for the university so they pay him accordingly, not sure why this is soo hard for the hole haters to figure out. Ohhh thats right, they are stuck with huckleberry, you can just look at that guy and tell he has zero business sense. bahaha

  • NCSU84 May 16, 10:44 a.m.

    The best basketball coach in college basketball makes the most money. News at 11.

    — Posted by thatrollslayer

    How true. Nothing to see here, move along...

  • noonya May 16, 9:57 a.m.

    All that money can't repair his severely damaged legacy.

  • 903 mens national championships May 16, 9:49 a.m.

    10 pages of people who are mad that Coach K doesn't coach their team. Priceless.

    — Posted by thatrollslayer

    and with each jealous post, Coach K's compensation increases...

  • anonymous33 May 16, 9:48 a.m.

    Does Coach K make a lot of money? yes. Give him credit for what he does.
    What most people fail to realize is how much of that money he pays out to charities and other events.
    Emily K Center.
    Children's Miracle Network.
    Jimmy V Foundation.
    Coaches vs. Cancer.
    Scholarships to students and so much more.

More...

 

 

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