Bobby Hurley Net Worth, Salary and Contract

Last Modified Mar 25, 2024 19:59 GMT
Bobby Hurley’s Net Worth
Bobby Hurley

Former NBA player Bobby Hurley became the head coach of ASU's Sun Devils in 2015 and is currently in his 9th season with them. During his brief five-year NBA career, he played four seasons with the Sacramento Kings and one season with the Vancouver Grizzlies (now the Memphis Grizzlies).

Hurley was born in New Jersey on June 28, 1971, and attended St. Anthony High School, where his father, Bob Hurley Sr., was a coach. He put up a 32-0 record with St. Anthony in his senior year, the school's first Tournament of Champions title.

His collegiate stints at Duke Blue Devils include two NCAA tournament titles in 1991 and 1992 and selection for the first team All-America. In 1992, Hurley earned the title of the NCAA Final Four Most Outstanding Player.

Historically, Arizona State has reached only as far as Elite Eight three times in 1961, 1963, and 1975. But with Hurley, they made an NCAA tournament appearance in 2018 and 2019 and were about to make a third consecutive appearance (a feat not achieved in nearly 60 years), though the 2020 event got cancelled due to the COVID pandemic.

Real NameRobert Matthew Hurley
Nick Name Bobby Hurley
Net WorthEstimated $8-10 million
Age 52 years old (June 28, 1971)
Height 6 feet (183 cm)
Weight 75 kg. (165 lbs.)
Residence Memphis, Tennessee
Education St. Anthony High School, Duke University
Position Head Coach for Arizona State Sun Devils
Martial Status Married
Source of Wealth Basketball Coach
Salary $2.9 million
Endorsements N/A
Endorsements EarningsN/A

Bobby Hurley’s Net Worth

Bobby Hurley’s net worth is estimated to be $8-10 million as of January 2024. His NBA and coaching career, along with his retirement plan for Thoroughbred horse racing and stable management—a path he took for 10 years prior to beginning his coaching career—all contributed to his wealth.

The Sacramento Kings selected Hurley with the seventh overall pick in the 1993 NBA Draft. After a fatal car accident, he made a comeback to play for four more seasons, only to be traded to the Grizzlies and retired after 27 games in January 1999.

Bobby Hurley’s Career Earnings

Bobby Hurley earned $16.95 million from 1993-94 to 1998-99, playing with the Sacramento Kings and the Vancouver Grizzlies, with the last salary being $4 million. His coaching career earnings are given below:

YearSchoolPos.Total PaySchool PayOther PayMax. BonusBonuses Paid (2021-22)School Buyout as of 4/1/2023
2023Arizona StateHead$2,610,000$2,600,000$10,000$2,035,000$150,000$3,250,000
2022Arizona StateHead$2,770,000$2,755,000$15,000$2,025,000$150,000$5,625,000
2021Arizona StateHead$2,555,000$2,555,000$0$250,000$8,375,000
2020Arizona StateHead$2,455,000$2,455,000$0$2,020,500$100,000$10,229,166
2019Arizona StateHead$2,355,000$2,355,000$0$1,985,000$200,000$6,825,000
2018Arizona StateHead$2,105,000$2,105,000$0$1,915,000$150,000$5,950,000
2017Arizona StateHead$1,305,000$1,305,000$0$1,005,000$0$4,225,000
2016Arizona StateHead$1,804,500$1,800,000$4,500$400,000
2015BuffaloHead$315,112$305,760$9,352$541,720

Bobby Hurley’s Salary

Bobby Hurley’s salary for the 2023-24 season will be $2.9 million, given that his $2.6 million salary was increased by $300,000 by mid 2023, for the duration of the contract, 2025-26 season.

Bobby Hurley’s Contract

Bobby Hurley agreed to a two-year contract extension in March 2023, with the agreement expiring after the 2025–2026 season. His $2.6 million salary was increased by $200,000 on July 1, 2023 and an additional $100,000 on July 1st for the duration of the contract.

A number of incentives are included in Hurley's contract, such as:

  • $50,000 bonus for winning the Pac-12 regular-season championship.

  • Making it to the round of 32 in the NCAA Tournament carries a $75,000 bonus.

  • Making it to the Sweet 16 carries a $100,000 bonus.

  • Making it to the Final Four carries a $200,000 bonus.

Hurley's buyout by the institution is currently valued at a significant $3.25 million. ASU may be deterred from firing Hurley by the financial obstacle this buyout presents.

Bobby Hurley Contract Breakdown

Year Base-SalarySigning BonusCap HitDead CapYearly Cash
2022-23$2.6 million-$2.6 million-$2.6 million
2023-24$2.9 million-$2.9 million-$2.9 million
2024-25$3 million-$3 million-$3 million
2025-26$3 million-$3 million-$3 million

"Yearly Cash" refers to both the base salary and any accumulated bonuses.

Bobby Hurley’s Contract History

Bobby Hurley’s coaching career began 14 years ago as Wagner's assistant coach in 2010, along with his younger brother and then-head coach, Dan Hurley. In the 2012–2013 season, he was appointed associate head coach at Rhode Island. Then he led Buffalo as its head coach from 2013 to 2015. Finally, in 2015, Arizona State appointed him.

Back in June 2019, Hurley signed a contract extension that would have kept him with Arizona State until June 2024. The original plan was that the 2023–24 season would be the last one under the initial contract.

During that time, Hurley's base salary was $2.1 million per year, and he received annual increases of $100,000 from 2019 to 2023. Things took a turn in March 2023, when Hurley agreed to another two-year extension. This means he's committed to the Sun Devils until the end of the 2025–2026 season.

FAQ's On Bobby Hurley Net Worth, Salary and Contract

A. Bobby Hurley's net worth is estimated to be $10 million as of January 2024.

A. Bobby Hurley's average annual salary is estimated to be $2.8 million.

 A. Bobby Hurley's current contract with ASU expires after the 2025–2026 season.

A. Incentives include bonuses like $50,000 for winning the Pac-12 regular-season title and $200,000 for reaching the Final Four.

A. Bobby Hurley's buyout by ASU is valued at a significant $3.25 million, potentially influencing the decision to terminate his contract.

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