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NBA coaches’ salaries are on the cusp of a financial revolution



NBA coaches’ salaries are on the cusp of a financial revolution

by PhoenixRise36

2 Comments

  1. PhoenixRise36

    During timeouts, it’s striking to see the reputation and decoration that enters those coaching huddles.

    Between coach Steve Kerr and assistants Erik Spoelstra and Ty Lue, there are seven NBA titles and 13 Finals appearances. Gonzaga’s Mark Few is right there with two Final Fours and a golden reputation as one of the greatest college program builders in NCAA history.

    But when it comes to getting paid, the guys wearing the polos aren’t quite as locked down as the men in the jerseys.

    NBA coaching salaries are on the cusp of a financial revolution, and this Team USA staff may be the group that fully ushers it in.

    Kerr is going into his final season under contract as coach of the Golden State Warriors, as is Spoelstra with the Miami Heat. Earlier this summer, the LA Clippers picked up an option in Lue’s deal, leaving him with two years remaining.

    For each of their teams, keeping them is vital. And doing so is going to be expensive. In June, the San Antonio Spurs announced a five-year contract extension with Hall of Fame coach Gregg Popovich. That the Spurs would acknowledge a new contract and announced the length was a change in protocol. Popovich’s contract status had been locked down for decades.

  2. $20 million/year for a top level coach sounds about right. Spoelstra and Kerr are about to command some insane money.

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