Report: College basketball's top 10 highest-paid coaches include 2 from the B1G
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.