Jim Boeheim Net Worth – Income And Salary As A Basketball Coach

Jim Boeheim's Net WorthRenowned basketball coach Jim Boeheim has amassed a great amount of fortune throughout his career. Image Source: Jim and Juli Boeheim Foundation Instagram.

Popular basketball coach Jim Boeheim has had an exceptional career as head coach for the Syracuse Orange men’s basketball team at his alma mater, Syracuse University. Jim, whose full name is James Arthur Boeheim Jr., was inducted into the Basketball Hall of Fame in 2005 for his remarkable records.

Boeheim has guided the Syracuse Orange team to thirty-four NCAA Tournaments and made multiple Big East Conference and Big East Tournaments appearances. The 77-year-old even won the national championship in 2003 with the Orange.

In his forty-six years of coaching career, Boeheim must have earned an enormous amount of money. So today, we will be looking into Jim Boeheim’s net worth and his earnings from his profession.

Jim Boeheim Net Worth And Earnings

Being a retired basketball player and having worked as an assistant and a head coach, Boeheim must have made a remarkable fortune. As per Celebrity Net Worth, Jim Boeheim’s net worth is $20 million. So now, let’s break down his earnings from the start of his career.

Earnings As A Player

It is no news to the fans of Boeheim that he was a player himself in his college days. Although being a walk-on in his first year, Boeheim became the varsity team captain by his senior year. Along with teammate Dave Bing, he led his team to a record that earned them a second-ever NCCA Tournament appearance.

Even after graduating from Syracuse University, he played professionally and won two championships with the Scranton Miners.

The average annual income for a professional basketball athlete in the US is $44,444. Considering Boeheim’s great performances as a player, he too must have earned significantly back in his days.

Income As An Assistant Coach

Boeheim first started working as a graduate assistant at his alma mater, Syracuse University, in 1969 and was soon appointed as a full-time assistant coach. He was a coaching team staff member that guided the Syracuse Orange team to the 1975 Tournament, where the team made its Final Four appearance for the first time.

The average salary of an assistant coach is estimated to be around $41,497. Therefore, we can assume that Boeheim’s pay during his early times with Syracuse Orange would have been considerable.

Jim Boeheim's Net Worth
Jim Boeheim must have been paid quite well as an assistant coach. Image Source: Social Media.

The 77-year-old had worked as an assistant coach for teams other than the Orange. This includes coaching the US Men’s Basketball Team at the 2012 Summer Olympics and the 2006 FIBA World Championship, from where Boeheim must have earned quite a fortune. Jim Boeheim’s salary while working as an assistant must have been quite notable, considering his accomplishment.

Jim Boeheim’s Salary As A Head Coach

Boeheim formally started working as a head coach for the Syracuse Orange team in 1976. Since then, he has kept the position and has guided the Orange in various postseason tournaments. The former basketball player led the team to different NCAA Tournament appearances, five Final Four appearances, and three national championship game appearances, even earning a national title in 2003.

Ten years into his career as the head coach, Boeheim earned more than $16 million. The 77 years old even received bonuses of around $300,000. As per Celebrity Net Worth, Jim Boeheim’s salary, excluding bonuses, is $2.5 million per year. That means he must receive more than that amount every year.

Well, considering Jim’s contributions to basketball, the amount he receives is not surprising. Jim Boeheim’s net worth is rather much deserved.

Also Read: Know About Roy Williams’ Net Worth

Earnings From Movie and TV Appearances

Boeheim has made various movie appearances in projects such as Blue Chips, He Got Game. Their box office collections are $21.5 million and $23.07 million, respectively. Moreover, Jim must have earned a remarkable amount as payment for his appearances in the movies. He has even appeared in a few commercials throughout Central New York, including a Nike Jordan ad.

Lifestyle and Assets

Boeheim has amassed a great fortune as a basketball player and a coach. Therefore, we can safely assume that he enjoys a comfortable and luxurious life with his wife, Juli Boeheim, and four children.

Boeheim, along with his wife, is a huge philanthropist. He became a major fundraiser for a non-profit collaboration between the NABC and the American Cancer Society, Coaches vs. Cancer. The collegiate mentor has helped raise above $4.5 million since 2000.

In 2009, Boeheim founded and established the Jim and Juli Boeheim Foundation with his wife, Juli, to improve child welfare concerns and cancer treatment research.

Jim Boeheim's Net Worth
Jim Boeheim co-founded the Jim and Juli Boeheim Foundation with his wife, Juli. Image Source: Jim and Juli Foundation Instagram.

As per The Daily Orange, with generous donations from the couple and other donors, the foundation has raised around $100,000 annually for the Make-A-Wish Foundation. Additionally, the foundation raises about $5 million for the American Cancer Society and about $5,000 to $25,000 for more than a hundred other organizations every year.

Boeheim is living a happy life with his family in his Fayetteville, New York house. His mansion must be beautiful with many luxurious features.

Taking Jim Boeheim’s net worth into account, it is not impossible for the star to be generous with his donations. We hope Boeheim and his family are able to give back to society while also enjoying a comfortable life even in the future.

Trivia And Facts

  • On November 17, 1944, Jim Boeheim was born in Lyons, New York.
  • He has been married twice; his former wife is named Elaine Boeheim.
  • Boeheim has four children, adopted daughter Elizabeth Boeheim, son Jimmy Boeheim, and twins JacksonBuddy” Boeheim and Jamie Boeheim.
  • He had prostate cancer in 2001 and took only six days off from coaching to undergo surgery.

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