Former Duke head coach Mike Krzyzewski, who retired at the end of the 2021-22 season in April, earned more than $12.5 million in reportable compensation from the organization from July 1, 2020 through June 30, 2021, per the University's tax returns.
Per USA Today's Steve Berkowitz, who reported Krzyzewski's salary Tuesday morning, Krzyzewski's earnings in that time frame amount to "the largest single-year pay for a college sports coach not connected to a buyout since USA TODAY Sports began tracking coaches’ pay in 2006."
The $12.5 million figure in 2020-21 includes above $3.2 million in base salary, an exact $2 million in bonus and incentive compensation and more than $7.2 million in other reportable compensation. Including more than $1.1 million in nontaxable benefits plus retirement and other deferred compensation, Krzyzewski totaled nearly $13.7 million in total compensation.
Krzyzewski was Duke's highest-paid figure during that time. In the 2019 fiscal year, Krzyzewski earned more than $7.3 million in total compensation.
Duke's returns for the tax year ending June 30, 2021 were accessed online, where the University's financial reports, rates and documents are publicly available.
Krzyzewski—better known as Coach K—coached his last game in April after 42 remarkably successful seasons as head coach. Now, head coach Jon Scheyer has taken over the program ahead of the 2022-23 season.
Get The Chronicle straight to your inbox
Signup for our weekly newsletter. Cancel at any time.
Jonathan Levitan is a Trinity junior and sports editor of The Chronicle's 118th volume.