Mike Woodson Net Worth: Salary, Career & More

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Mike Woodson is a well-known figure in the world of basketball, both as a former player and a coach. His decades-long career has not only made him a respected name in the sport but has also contributed significantly to his financial success. In this article, we will explore Mike Woodson's net worth, looking into his earnings from his playing days, coaching career, and other ventures.

Who is Mike Woodson?

  • Early Career: Mike Woodson played college basketball at Indiana University under the legendary coach Bob Knight.
  • NBA Career: He was drafted by the New York Knicks in 1980 and played for several NBA teams, including the Knicks, Los Angeles Clippers, Houston Rockets, and Cleveland Cavaliers.
  • Coaching Career: Woodson transitioned to coaching after his playing career, holding various positions, including head coaching roles with the Atlanta Hawks, New York Knicks, and Indiana University.

Mike Woodson's Net Worth

As of 2023, Mike Woodson's net worth is estimated to be around $12 million. This wealth has been accumulated through a combination of his NBA player salaries and his earnings as a coach.

Salary and Earnings

  • NBA Player: During his NBA career (1980-1991) Woodson earned a total of about $5.2 million.
  • NBA Coach: Woodson's annual salary as head coach of the New York Knicks was approximately $2.25 million.
  • Indiana University Coach: Woodson's base salary at Indiana University was $3 million per year.

Career Highlights

  • NBA Playing Career: Woodson played 11 seasons in the NBA, averaging 14.0 points per game.
  • Atlanta Hawks: Woodson coached the Atlanta Hawks from 2004 to 2010, leading the team to three playoff appearances.
  • New York Knicks: As head coach of the Knicks, Woodson led the team to a 54-28 record in the 2012-2013 season, winning the Atlantic Division title.
  • Indiana University: Woodson returned to his alma mater in 2021 to coach the Indiana Hoosiers, aiming to restore the program to its former glory.

Endorsements and Investments

While specific details on Woodson's endorsements and investments are not widely publicized, it's common for NBA players and coaches to have endorsement deals with sports apparel companies, participate in promotional activities, and make strategic investments.

Conclusion

Mike Woodson's net worth reflects his successful career as both an NBA player and a coach. His journey from a college player to a respected NBA coach and his return to Indiana University showcases his dedication to the sport. With a net worth of approximately $12 million, Woodson's financial achievements are a testament to his hard work and expertise in the world of basketball.