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Mike Woodson's assets: How much does the former Indiana HC earn?

Mike Woodson has become a synonym for the College Basketball scene from Indiana. Woodson has built a remarkable career as a player and trainer. Of his days as a star under Bob Knight at Indiana University until his term as head coach of the Hoosiers, Woodson's journey was noteworthy.

When he came away from his role as head coach from Indiana in 2025, many fans are curious about the financial rewards of his decades in basketball. If you have ever asked yourself the same way, read on how we have everything we know so far, about Mike Woodsons and shared more.

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What is Mike Woodsons Net value

Woodson was born in Indianapolis in 1958 and got through the ranks from 1976 to 1980 as a star athlete at Indiana University. A two-time all-American and the Big Ten player of the year 1980 scored 2,061 points and took sixth place in the program history.

Woodson was designed in 1980 by the New York Knicks with the 12th overall and played 11 NBA games and collected almost 11,000 points in teams such as Knicks, Nets and Kings. His NBA income, although modest today's standards, contained $ 658,000 with the Houston Rockets in the 1991/92 season.

Woodson's coaching career began in 1996 as an assistant at the Milwaukee Bucks. Later he was head coach of the Atlanta Hawks (2004-2010) and New York Knicks (2012-2014) and put together a 315-365 NBA trainer record.

In 2021 he returned to Indiana as head coach and led the Hoosiers to an 82-53 record and two NCAA tournament appearances over four seasons.

When Woodson signed at Indiana in March 2021, his six-year contract had $ 3 million annually, including $ 550,000 and $ 2.45 million from external marketing and advertising sources.

In August 2023, he received an increase of $ 1 million and increased his annual content to $ 4.2 million, which made him the third highest coach in the big ten behind Tom Izzo and Brad Underwood of Michigan State.

His contract, which runs through the 2026-27 season, included bonuses such as $ 100,000 for a top three-riper Big Ten-Finish and up to $ 685,000 for a NCAA championship. During his term in Indiana, Woodson earned about 13.2 million dollars.

Net assets estimate

Estimates by Mike Woodson's assets vary from source to source. From February 2024, sources will report the numbers between 7 and 25 million US dollars. A conservative estimate, based on its coaching salaries, NBA results and note, places its net assets of around $ 10 to $ 13 million. His main sources of income include:

  • Coaching salaries: His Indiana contract alone contributed more than 13 million US dollars, with additional income from NBA head coaches at the Hawks and Knicks.
  • NBA career: Woodson earned at least $ 650,000 in the 1990/91 season, with the total career revenue in the low million.
  • Notes and investments: While there are no specific details available to the public, Woodson's long NBA career and Indiana relationships suggest additional income from notes and personal investments.

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While Woodson is transferring into a new chapter, according to reports as a top candidate for a coaching role with the Sacramento Kings, he has a considerable bank account.

While he never secured a national title, Woodson's impact on the Indiana basketball remains indelible. While the Hoosiers are looking for a new leader, Woodson's legacy and wealth stand as proof of its permanent influence on sport.

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