What is Jim Calhoun's net worth and salary?
Jim Calhoun is an esteemed American basketball coach with a net worth of $12 million. Known for his monumental coaching career in college basketball, he boasts an impressive record of 873 career wins and three NCAA championships. In 2014, he signed a five-year contract worth $16 million, averaging an annual salary of $3.2 million before milestones and bonuses. In recognition of his contributions to basketball, Calhoun was inducted into the Dr. James Naismith National Basketball Hall of Fame in 2005.
Early Life
Born in 1942 in Braintree, Massachusetts, Jim Calhoun developed a passion for basketball early on. His love for the game continued through high school and into his college career at American International College in Springfield. These formative years provided him with a deep understanding of basketball and a competitive spirit that would drive his future success as a coach.
UConn
In 1986, Calhoun undertook the challenge of rebuilding the UConn Huskies men's basketball program, transforming it into a nationally recognized powerhouse. Under his leadership, UConn secured its first-ever Big East regular-season championship in 1990 and continued to achieve significant success thereafter. The Huskies consistently made deep runs in the NCAA tournament, capturing several Big East titles and winning national championships in 1999 and 2004.
Calhoun's expertise and dedication earned him multiple accolades, including Big East Coach of the Year and National Coach of the Year honors. His 700th career win was celebrated in 2005, the same year he was inducted into the Naismith Memorial Basketball Hall of Fame.
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Personal Life and Real Estate
Jim Calhoun has been happily married to his wife Pat since 1967. The couple has two sons and six grandchildren. In real estate, Jim and Pat bought a waterfront home in Madison, Connecticut for $2.9 million in 2005, which they sold in 2017 for $1.75 million. Their primary residence since 1993 has been a 30-acre property in Pomfret Center, Connecticut, which they purchased for $250,000. This property is now valued between $1 and $2 million.
