Tom Izzo Biography: Age, Professional Life, Career, Salary, Net Worth

Tom Izzo Biography: Tom Izzo has had tremendous success as a college basketball coach and is presently the head coach of the Michigan State University men’s basketball team. Izzo has been a successful coach for nearly three decades and has been inducted into the Naismith Memorial Basketball Hall of Fame and the NCAA championship in 2000. Due to his accomplishments, Tom Izzo has garnered a substantial fortune. Tom Izzo is anticipated to have a net worth of several million dollars by 2023, although the precise amount is unknown.

Tom Izzo Net Worth

Since Tom Izzo has been with Michigan State since the 1995-1996 season, his earning potential has increased. He has participated in the NCAA tournament twenty-four times in a succession, won ten Big Ten championships, and one national title. The estimated net worth of Tom Izzo is approximately $15 million.

This amount reflects his illustrious career and long-standing ties to Michigan State. Izzo’s successful coaching career and longstanding ties to Michigan State will ensure that he leaves an indelible mark on collegiate basketball for years to come.

Age	66
Nationality	United States
Birth Date	January 30, 1955
University	University of Kansas
Family	Married with two children
Weight	160 lbs
Height	5’9
Teams Coached	Northern Michigan, Michigan State
Record	639–250
Championships	1

Contract & Salary

In August, Michigan State University announced that Tom Izzo had signed a five-year, $6.2 million contract. Due to this new arrangement, his annual remuneration will increase by nearly $2 million per year. The total value of the compensation package is $6.09 million, which consists of $3.09 million in base income, $400,000 from Nike, the use of a private aircraft, and other benefits stipulated in the contract.

Izzo’s total annual compensation is currently approximately $6.2 million. With this significant raise, he joins Bill Self of Kansas and John Calipari of Kentucky as the country’s third-highest paid collegiate basketball coach.

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Tom Izzo Profession and Career

He has known former NFL head coach Steve Mariucci since he was a young child. Together, they attended the same secondary school and participated in football, basketball, and track. In addition, they shared a residence hall at Northern Michigan University. From 1973 to 1997, he was a member of the university’s men’s basketball team, and he still retains the record for most career minutes played.

Following graduation, he was appointed for a one-year stint as the head football coach at Ishpeming High School. Then, he served as an assistant coach at Northern Michigan University from 1979 to 1983. In September of 1983, he then began volunteering as an assistant coach for Michigan State.

Tom Izzo was an assistant coach at the University of Tulsa for two months in 1986. In addition, Michigan State University promoted him to head coach of the men’s basketball team in 1995, after hiring him as an assistant coach just before 1990.

In the same vein, USA Today Sports ranked him as the fifth most angry college basketball coach in 2013. In his fourteen years as head coach, Tom Izzo led Michigan State to nine regular-season Big Ten Championships and five Big Ten Tournament titles. Additionally, he also won his 500th professional game on November 26, 2015.

That same year, Tom was inducted into the Naismith Memorial Basketball Hall of Fame. (2016). On February 26, 2022, Izzo tied legendary Indiana coach Bob Knight for most victories at a Big Ten institution with a victory over the No. 4 Purdue Boilermakers.

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Conclusion

Tom Izzo’s net worth reflects his many years of dedication to basketball and coaching, as well as his many years of coaching success. The sources of his wealth include his salary and bonuses as a coach, endorsement agreements, investments, and more. Tom Izzo’s net worth as a college basketball coach has fluctuated over the course of his tenure, but it has always reflected his immense impact on the sport.