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Federal tax documents reveal that Mike Krzyzewski made $9.7 million in 2011

May 15, 2013, 7:47 PM EDT

Image (1) 040705_krzyzewski_vlg_11a.standard.jpg for post 438

Salaries for head coaches have increased exponentially over the years, with increased television revenues (along with revenues from other sources) have allowed schools to pay top dollar to the leaders of their major sports programs.

With four national titles and multiple ACC titles and Final Four appearances, there’s no doubt that Duke head coach Mike Krzyzewski has earned his keep in Durham.

How much has he earned? According to USA Today, Krzyzewski received $9.7 million in pay for the 2011 calendar year based on a tax return recently filed by the school.

That amount is a record according to the paper, which has been tracking the pay of head coaches in football and men’s basketball since 2006, surpassing the $8.9 million earned by Louisville’s Rick Pitino in 2010-11.

Some details regarding Krzyzewski’s compensation were also revealed in the tax document:

$1,978,401 in base pay, nearly the same as what he received in 2010.

$5,642,574 in bonus and incentive compensation, nearly $1.9 million more than in 2010.

$1,982,097 in retirement and other deferred compensation, a little over $500,000 more than in 2010. (This is money that Krzyzewski accrued, but was not paid, in 2011; he could receive it in a future year.)

$59,616 in other reportable compensation such as family travel.

$19,344 in non-taxable benefits.

As a private school Duke isn’t required to release its contracts, resulting in the need to examine federal tax returns when attempting to figure out how much a coach is compensated.

Some may wonder why a coach would receive such a salary, but it all boils down to what the market demands.

A successful athletic department, especially in the major revenue sports, can result in more applicants and ultimately more enrollees (not to mention an increase in donations from alumni).

Raphielle can be followed on Twitter at @raphiellej.

  1. seanb20124 - May 15, 2013 at 8:14 PM

    If he were a Republican his butt would be audited

    • franbotel - May 16, 2013 at 4:19 AM

      His a republican you know how. he possesses all the selfish criteria 1) Argue against paying the workers(students ) enough if any but at the same time pay yourself close to $10mil 2) Despite your huge income, claim every single expense some1 making 8 figures claiming a 50k family expense and 3) finally load the company with your family – nepotism

      • florida727 - May 16, 2013 at 8:39 AM

        Arguably the most stupid post in the history of CBT.

        My only question for K would be: you looking to adopt? 59, house-broken, all-in-all I think I’m a pretty good deal, Coach.

  2. sportsguy88 - May 16, 2013 at 8:21 AM

    @franbotel- do you know if K asked for 50k in travel expenses? Or did the school simply provided it to him? If someone gave me an unlimited amount of money for travel expenses, you’re damn right I’m using as much as I can.

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