Earning Over $100 Million in 42 Years, Coach K Opened Up on ‘Apathetic’ Attitude of New Generation Mentors: “At a Rate That I Never Thought I’ll Get Paid”

Published 10/24/2023, 5:30 AM EDT

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In the world of basketball, only a few are respected as much as Coach K. Mike Krzyzewski, popularly known as ‘Coach K’, is a legendary figure in the basketball world. His mentorship not only made him achieve greatness, but it has also left a permanent mark in the sport.

In a recent interview, former Duke Blue Devil’s head coach, Coach K, shared his strong view on challenges and changes in college basketball.

Coach K has a strong take on college coaches and athlete pay

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Mike Krzyzewski, popularly known as ‘Coach K’, shared his strong views on the ever-evolving college coaching and the financial aspects of the NCAA. “More than half of my career I got paid at a rate that I never thought I’ll get paid,” Coach K said with a genuine surprise during an interview with Jeff Goodman of ‘The Field of 68.’ 

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He then delved into the changing dynamics in college coaching, noting that many coaches have become territorial, focusing intensely on their programs and often losing the element of fun in the process.

He said, “I think what’s happened also is that people, coaches have become very territorial,” 

Coach K also raised concerns about the lack of transparency in the financial compensation of college athletes, highlighting that while professional leagues like the NBA disclose player salaries, the same transparency is missing when it comes to college athletes’ earnings. 

Look, it’s pretty much pay-for-play right now. They don’t want to say that, but it is. More power to them. But how is it equitable? In the NBA, NFL, they all have the same rules, they have a salary cap. Can that ever be done in college?

Coach K feels that the rules around NIL are unclear and different from place to place, creating confusion and the lack of clear rules has led to a situation where college athletes are essentially being paid to play, similar to professional sports.

Read More – Angel Reese and Bronny James’ Million Dollar Worth NIL Deals Got an Eye of Scrutiny From Coach K

But how much did Coach K make in all those years he was coaching at Duke?

Coach K’s career earnings 

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Coach K is one of the most legendary coaches of college basketball. During his time at Duke, he took his team to 13 appearances in the Final four and he has recorded the most wins in NCAA. Not being limited to only college basketball, Coach K has also led the U.S. men’s national team to victory in the Olympics and world championships. Coach K then retired in 2022 after an impressive 42-year career.

But how much did he make in those years? While the exact amount remains undisclosed, Coach K made over 100 million dollars throughout his coaching career at Duke. But this amount doesn’t include all the endorsement deals and bonuses he received over the years. 

Watch This Story – Taking Up New NBA Role After 42 Glorious Years, Coach K Detailed NCAA’s Shortcomings

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Coach K’s influence goes way beyond money, his accomplishments and the way he inspired others are what truly matter. His legacy in basketball will always be remembered, not just for the money he earned, but for the incredible impact he had on the sport and the people he touched.

 

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Written by:

Ojus Verma

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Ojus is an NBA writer at EssentiallySports. With a foundation in economics and a 12-year experience in playing basketball, he seamlessly combines academic knowledge with genuine enthusiasm for the game. He is spellbound as much by the intricacies of the game as he is by the legacies left by NBA legends such as Michael Jordan and Shaquille O'Neal.
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Edited by:

Aayush Kapoor