Skip to content

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.

Latest Posts
  1. 2014-2015 Season Preview: Louisiana Tech the favorite in the ever-changing Conference USA

    Oct 31, 2014, 2:00 PM EDT

    AP AP

    Despite 29 wins (13 in conference play) Louisiana Tech missed out on the NCAA tournament. Michael White looks to change that this season, although, his team will have to go through the likes of UTEP and newcomer Western Kentucky, first.

  2. Sophomore guard decides to leave Kansas program

    Oct 31, 2014, 1:12 PM EDT

    Iona v Kansas Getty Images

    With the number of guards in the Kansas program, playing time was likely to be scarce for Conner Frankamp.

  3. All-Big West forward declared ineligible at Hawaii

    Oct 31, 2014, 12:45 PM EDT

    Isaac Fotu Isaac Fotu

    Isaac Fotu’s part of the NCAA’s investigation into the program, and other schools have attempted to poach some of Hawaii’s remaining players.

  4. Top 25 Countdown: No. 6 Virginia Cavaliers

    Oct 31, 2014, 12:00 PM EDT

    Malcolm Brogdon (Getty Images) Getty Images

    Virginia is coming off of a dual-ACC title and returns the majority of the key players from that team.

  5. Kentucky sits atop Associated Press preseason Top 25 poll

    Oct 31, 2014, 11:37 AM EDT

    AP AP

    No surprise that Kentucky’s on top. Also of note: No. 3 Wisconsin received more first-place votes than No. 2 Arizona.

  6. Foot injury to sideline Ball State guard eight to ten weeks

    Oct 31, 2014, 10:30 AM EDT

    North Carolina State v Cincinnati North Carolina State v Cincinnati

    The Cincinnati transfer was expected to factor into a rotation that’s replacing five seniors from last season’s team.

  7. Illinois declares home floor fit for play following flooding issue

    Oct 30, 2014, 11:53 PM EDT

    Twitter/IlliniHoops Twitter/IlliniHoops

    Quick action by construction workers ensured that it was declared ready for play two days after being flooded.

  8. Officiating controversy results in multiple suspensions

    Oct 30, 2014, 10:41 PM EDT

    Chris Collins, Bo Boroski Chris Collins, Bo Boroski

    Some officials are in hot water after compromising a system used by 20 different Division I conferences.

  9. Canadian forward/center verbally commits to Saint Louis

    Oct 30, 2014, 8:58 PM EDT

    crews AP

    Saint Louis adds more depth to its front court with this verbal commitment.

  10. Transfer center will sit out upcoming season at Florida

    Oct 30, 2014, 7:26 PM EDT

    John Egbunu, Austin Nichols, David Pellom John Egbunu, Austin Nichols, David Pellom

    John Egbunu was an American Athletic Conference All-Freshman Team selection at USF last season.

  11. VCU’s Treveon Graham: From lightly recruited to leader of Havoc, the Atlantic 10 favorites

    Oct 30, 2014, 6:30 PM EDT

    AP AP

    The Preseason Atlantic 10 Player of the Year is looking to lead VCU deep into March.

  12. Canisius to be without two forwards due to ankle injury, suspension

    Oct 30, 2014, 4:45 PM EDT

    Jim Baron Jim Baron

    The Golden Griffins have to account for the loss of four starters from last season’s 21-win team.

  13. Kentucky, Xavier among those participating in #Layup4Lauren challenge (VIDEOS)

    Oct 30, 2014, 3:56 PM EDT

    Screen Shot 2014-10-27 at 4.03.04 PM

    Feel free to take this as my challenge to you all.

  14. Top 25 Countdown: No. 7 North Carolina Tar Heels

    Oct 30, 2014, 2:32 PM EDT

    marcus paige Getty Images

    North Carolina should be a national title contender, but they do have some question marks.

  15. Dayton’s Elite 8 run, Archie Miller’s decision to stay help continue Atlantic 10’s success

    Oct 30, 2014, 1:45 PM EDT

    Getty Images Getty Images

    Dayton head coach Archie Miller spurned high-major programs to remain at Atlantic 10. He’s not the only one in the league happy with where they are.

  16. Assigned Reading: Devonta Pollard opens up about the kidnapping he was involved in

    Oct 30, 2014, 12:56 PM EDT

    NIT Northeastern Alabama AP

    Pollard is looking to reignite his career at Houston this season.

  17. 2014-2015 Season Preview: Treveon Graham, VCU enter as favorites in the Atlantic 10

    Oct 30, 2014, 12:00 PM EDT

    AP AP

    The Atlantic 10 is out to gain respect again this season from the rest of the college basketball world, a year after the league saw a record six teams selected for the NCAA tournament with one team reaching the Elite 8.