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Report: College basketball’s top 10 highest-paid coaches include 2 from the B1G
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Two of the nation’s highest-paid college basketball coaches reside in the Big Ten, according to a report.
That’s according to newly-released data from USA Today.
Michigan State’s Tom Izzo ($3.984 million) and Nebraska’s Fred Hoiberg ($3.9 million) are both in the top 10 of college basketball coaches in terms of salary. Izzo’s salary includes a pandemic reduction that’s north of $400,000.
For Izzo, it makes sense. He’s been the Spartans’ head coach since 1995 and has made the Final Four eight times.
Hoiberg’s salary is a bit tougher to justify, but the Huskers faced stiff competition when they hired him in 2019. He was previously the head coach of the Chicago Bulls. Nebraska went 3-16 in conference play this season.
Illinois coach Brad Underwood is just outside the top 10 with a salary of $3.8 million.
Kentucky’s John Calipari is the nation’s highest-paid coach with a salary of $8 million, according to the report.
The vast majority of the Big Ten’s coaches make more than $2.5 million. Only Wisconsin’s Greg Gard, Rutgers’ Steve Pikiell, Minnesota’s Richard Pitino and Michigan’s Juwan Howard fall below that threshold. Penn State interim head coach Jim Ferry’s salary is unknown.
Spenser is the news manager at Saturday Road and covers college football across all Saturday Football brands.