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. Nevada lands transfer forward from the Ivy League

    May 22, 2015, 10:30 PM EDT

    image Getty Images

    Nevada landed an impact transfer that could help at guard after next season.

  2. Arizona announces 2015-16 non-conference schedule

    May 22, 2015, 9:15 PM EDT

    AP Photo AP

    Arizona will have some intriguing home-and-home games to go along with an in-season tournament.

  3. Report: Cliff Alexander opens up on his suspension at Kansas

    May 22, 2015, 8:00 PM EDT

    AP Photo AP

    Cliff Alexander might have returned for his sophomore season if the NCAA had not been involved.

  4. Kentucky promotes former Auburn coach to assistant coach

    May 22, 2015, 7:00 PM EDT

    Tony Barbee AP

    Kentucky promoted a familiar face for the open assistant spot.

  5. Class of 2016 forward decommits from Nebraska

    May 22, 2015, 5:45 PM EDT

    keanu pinder

    Nebraska loses a commitment who could be headed elsewhere soon.

  6. Georgia, Mark Fox agree to contract extension through 2020

    May 22, 2015, 4:27 PM EDT

    Mark Fox AP

    Fox has led the Bulldogs to two NCAA tournament appearances in his six years as head coach, including last season’s 21-win team.

  7. Former Bradley guard to complete eligibility at Rutgers

    May 22, 2015, 2:40 PM EDT

    Darius Carter, Zach Brown, Omari Grier AP

    The Rutgers perimeter rotation may be crowded, but there’s plenty of room for contributions as the team won just ten games last season.

  8. North Carolina announces receipt of Notice of Allegations from NCAA

    May 22, 2015, 1:00 PM EDT

    AP Photo AP

    UNC now has 90 days to craft a response to the NCAA’s allegations.

  9. Four-star 2016 power forward commits to UConn

    May 22, 2015, 12:05 PM EDT

    (AP) AP

    This isn’t the only addition UConn hopes to make to the 2016 class in the very near future.

  10. Duke, Louisville and Kansas among Kentucky’s non-conference opponents

    May 22, 2015, 11:00 AM EDT

    Getty Images Getty Images

    The Wildcats will also take on Arizona State, UCLA and Ohio State in non-conference play.

  11. VCU hopes to regain year of eligibility for junior college transfer

    May 22, 2015, 9:50 AM EDT

    cd0ymzcznguwzdbhnduynddiytjhm2yyzthlmtjjotqwyyznpwi3otuyzgqyymy0yzdhm2mzntk2mzg5zmrlnzczm2vm AP

    Mohamed and Bakersfield big man Aly Ahmed argued in 2013 that bad advice led to them being ruled ineligible that season at Houston and Bakersfield, respectively.

  12. 6-foot-10 power forward becomes Virginia’s fourth 2016 commitment

    May 21, 2015, 10:40 PM EDT

    AP Photo AP

    The slender forward joins Sacha Killeya-Jones, Ty Jerome and Kyle Guy in Virginia’s 2016 haul.

  13. Power forward becomes Texas Tech’s fourth 2015 commitment

    May 21, 2015, 9:35 PM EDT

    2014 Adidas Nations Getty Images

    Davis joins grassroots teammate C.J. Williamson Jr. in Texas Tech’s 2015 recruiting haul.

  14. North Carolina’s Roy Williams discusses impact of NCAA investigation on recruiting

    May 21, 2015, 8:00 PM EDT

    AP Photo AP Photo

    UNC fell short in the race for Brandon Ingram, and the investigation was a big reason why.

  15. Matchups for Basketball Hall of Fame Classic announced

    May 21, 2015, 7:30 PM EDT

    Getty Images Getty Images

    John Calipari will coach against former assistant Orlando Antigua November 27 in Miami.

  16. Georgia Tech lands second graduate student in former UALR forward

    May 21, 2015, 6:35 PM EDT

    AP Photo AP

    The Jonesboro, Georgia native averaged 11.9 points, 6.6 rebounds and 1.7 blocks per game as a redshirt junior at UALR.

  17. Sports book lists Maryland as early favorite to win national title

    May 21, 2015, 4:58 PM EDT

    AP Photo AP

    Last spring Mark Turgeon was seen by some as being on the “hot seat.” This spring, one sports book believes he’s got the early favorite to win the national title in 2016.

  18. John Calipari is selling his program when he says national title isn’t a goal

    May 21, 2015, 2:09 PM EDT

    150521calipari Getty Images

    Cal is always selling his program, and his latest viral quote is no different.