John Scheyer Salary: In Comparison to Coach K, Where Does New Duke Basketball Coach’s Earnings Stand?

Following the farewell of Mike Krzyzewski aka Coach K from the college basketball circuit, his protege Jon Scheyer is living by his conviction. But since conviction comes with cost, how much due is the Duke head coach getting for marshaling the young and restive troops? After all, disciplining Blue Devils is not a cakewalk.

Scheyer made it to the Duke’s staff list in the role of a special assistant post the resignation of assistant coach Chris Collins in 2014. He was then promoted to the role of a full assistant coach in April that year after Steve Wojciechowski departed. Scheyer’s future could easily be ascertained when he served as the acting head coach of the Duke when Coach K was quarantined due to COVID-19 in January 2021.

A glimpse into Scheyer’s world

The 36-year-old had previously plied his trade as a basketball player for the Duke and then came back to coach the college team around 2014. The college had announced a six-year renewed contract extension in October, lasting through 2028-29 season. 

“I’m committed to Duke,” Scheyer said. “To know that they’re committed to me as well and our staff — and the job they’ve done — is great.”

Scheyer propelled Duke to having back to back no.1 recruiting classes under him. The Illinois-born is the only person to win the ACC tournament in  both roles – firstly a player and then a coach.

The All-American guard spent nearly eight seasons under Krzyzewski in the capacity of an assistant before being promoted to the position of a head coach.  The 2010 NCAA Champion also served as an associate head coach from 2018 onwards.

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Given his value as a coach, how much is his net worth when compared to his mentor?

Does his salary justify his role?

Scheyer reportedly makes around $7-8 million annually. But when it comes to comparing with the Hall of Famer coach Mike Krzyzewski, Scheyer’s income simply pales in comparison.

Coach K had earned over $12.5 million during the 2020-21 season as per Sportico. For the financial year 21, the 5x NCAA Champions salary was ahead of the country’s second highest-paid basketball coach Bill Self ($10.2 million) by a large margin. He was also the fourth-highest paid coach in America that year on the list of professional and college coaches.

Coach K was paid a base salary of $3.27 million during 2020-21 and racked up over $2 million in bonus and incentives. He also had a deferred compensation of $7.24 million. His importance for the Duke can be gauged from the fact that the Duke basketball program made an overall $22.5 million that season and more than half of it went into Coach K’s pocket. Notably, the legendary coach has amassed more than $100 million during his four decade stint at the Duke.

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Taking in account the salary of Coach K, Scheyer is yet to earn that much. His net worth is around 5 million as per All Famous Birthday. But his net worth could increase exponentially if the Duke continues to perform under him.