Bobby Knight Net Worth

Bobby Knight Net Worth in 2024- Career, Earnings & Salary

Famous American basketball coach Bob Knight made a huge impact on the game that will always be remembered. He faced both success and controversy in his career. He died on November 1, 2023, at the age of 83. Bobby coached the Indiana Hoosiers mostly from 1971 to 2000. During his coaching years, which spanned nearly 30 years, Knight made a lot of money.

Bobby Knight net worth is estimated at $8 million. He was a popular head coach and led the Hoosiers to three NCAA championships and 11 Big Ten Conference championships. He also had two seasons where his team did not lose any games. They won 902 games in NCAA Division I.

He also was once the head coach of the U.S. men’s basketball team that won the gold medal at the 1984 Olympics. This team had great players like Patrick Ewing, Alvin Robertson, Chris Mullin, Sam Perkins and Michael Jordan. However, Knight was known for his bad temper and sometimes abusive behaviour. There is a famous incident where he threw a chair on the basketball court during a game. After retiring from coaching career, he worked part-time as a commentator with ESPN from 2008 to 2015.

Bobby Knight Net Worth- Earnings and Salary

Bob Knight received varying salaries during his 29 years of coaching. In his final year with the Indiana Hoosiers in 2000, he earned $163,118 and enjoyed benefits such as getting a new car each year and use of the team’s private plane for official trips. Knight also made money from clothing endorsements, deferred compensation, and speaking at events.

When he joined Texas Tech in 2001, Knight signed a five-year contract worth $2.5 million, an average of $900,000 per year. The contract guaranteed a base salary of $250,000, and an outside income of $500,000. Bobby Knight’s net worth reached 8 million by the time of his death. His life story is chronicled in John Feinstein’s book ‘A Season on the Brink’, which was also made into a TV movie in 2002.

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Early Life and Career

Bob Knight, whose full name is Robert Montgomery Knight and who was born on October 25, 1940 in Massillon, Ohio, had a humble beginning in life. His father was a teacher and coach, and he loved sports, especially basketball. His love for basketball grew when he played for the Ohio State University team. He became the head coach of the Indiana Hoosiers in 1971 and while he was in charge, the team performed incredibly well.

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