According to Celebrity Net Worth, Bob Huggins’ net worth is valued at an astonishing $12 million. Being one of the veteran coaches in today’s basketball world, Huggins is one of the highest-paid college coaches with a comfortable fortune.
So, how has the coach managed to amass such a massive empire for him? Also, let’s break down his current contract and look at his salary and earnings.
Earnings As An Assistant Coach
Bob Huggins graduated from college as a point guard averaging 13.2 points. After his graduation, Bob had a tryout with the Philadelphia 76ers to make it in the National Basketball Association (NBA). But unfortunately, Huggins wasn’t selected, and he returned to pursue a master’s degree in health administration from West Virginia University.
During his masters, Bob decided to begin his coaching career as an assistant under head coach Joedy Gardner in West Virginia. After working under Gardner, Huggins moved to Ohio State University to work as an assistant coach to Eldon Miller.
Furthermore, Bob also worked as an assistant coach for the University of Central Florida (UCF) men’s basketball team. However, he only worked in Florida for a year before moving to Akron to be a head coach. Huggins must have still made a considerable sum from his tenure as an assistant coach.
Reports suggest that assistant college coaches nowadays earn anywhere between $46,285 to $79,078 or above it, depending upon their experience, record, and portfolio. However, it must have been prominently less when Bob was an assistant coach during the 70s and 80s. But he must have still bagged a respectable amount adding to his fortune.
Earnings As Head Coach
After working as an assistant coach at two different universities under two head coaches, Bob Huggins’ first head coach job came at Walsh University. He led the Walsh Cavaliers for three seasons and during his tenure, Bob was named Coach of the Year twice.
Since then, he has been the head coach of many prestigious universities in Cincinnati, Kansas State, and his hometown West Virginia. Furthermore, Huggins has guided the University of Cincinnati and West Virginia to NCCA state championships during his illustrious career.
Bob Huggins has been coaching basketball at the University of West Virginia for fifteen years since 2007. His current contract ties him with the Mountaineers through the 2023-2024 season.
But, that is not the main point here; it’s his lucrative contract and the pay that comes with it. In 2017, Huggins signed a four-year extension with an annual salary of $4.15 million. His current contract will pay him the same amount until its expiration after completing the 2023 season. However, Bob has an option to extend the contract by two more years.
By taking Bob’s annual salary from 2017 till his current contract expiration date, he will earn around $29 million. Hence, it must not come as a surprise that Bob Huggins’ net worth sits comfortably in tens of millions.
