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$6.2 million annually
- Tom Izzo is currently making $6.2 million annually (as of 2024). His latest contract extension has increased his substantial earnings. Back in September 2022, Izzo signed an extension with Michigan State University. Before this, he earned a base salary of about $3.9 million in 2021.
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Sep 9, 2022 · The legendary basketball coach will stay at MSU past his retirement and receive a special adviser role with $6.2 million salary. His base salary, supplemental compensation, Nike payment and performance bonuses will also increase under the new deal.
Apr 7, 2023 · Learn about the legendary Michigan State basketball coach's new five-year deal worth $6.2 million per season, his performance incentives, and his buyout clause. Find out his net worth and how he became one of the highest-paid coaches in college basketball.
- david.evans@basketballinsiders.com
Mar 13, 2024 · Tom Izzo, one of the highest-paid men's basketball coaches in 2024, has made over $93 million in his 29 years at Michigan State. He has never negotiated a contract or had an agent, but has benefited from the university's loyalty and generosity.
Aug 11, 2022 · Izzo, 67, will sign a deal worth $6.2 million annually as he prepares for his 28th season as MSU's coach. The contract is a rolling five-year agreement that will effectively keep him as the coach of the Spartans until he decides to retire.
- Kyle Boone
Aug 11, 2022 · Michigan State coach Tom Izzo has signed a five-year rolling contract that pays him approximately $6.2 million in total compensation per year, according to the school. The contract makes him one of the highest-paid coaches in the sport, behind only Kansas' Bill Self and Kentucky's John Calipari.
Aug 11, 2022 · Michigan State has signed men's college basketball coach Tom Izzo to a new five-year deal valued at $6.2 million per season, giving him about $2 million more each year.
May 1, 2022 · The Spartans coach earned a one-time payment of $4 million for staying employed through April 30, 2022, according to his contract. He also gets a base salary of $451,758 and more than $3 million in annual supplemental pay from the university.