Eric Musselman is the head men's basketball coach for the Arkansas Razorbacks in 2023-24 season. He was hired in 2019, and then got his contract extended in 2021 to 2025–26. He has previously coached seven professional teams, like the Golden State Warriors and Nevada.
In his eight years as a collegiate head coach, his teams have won 20 games each. The last six NCAA Tournaments have included his teams: in 2017, 2018, 2019, 2021, 2022, and 2023.
The coach with more than 500 victories in his entire 30-year career has brought the Razorbacks back to heights not seen since the mid-1990s in just four seasons at Arkansas. For the first time since 1994, 1995, and 1996, the Razorbacks have participated in three consecutive NCAA Sweet 16s and advanced to the Elite 8 in 2021 and 2022.
Musselman was raised in Minneapolis and San Diego but was born in Ashland, Ohio, on November 19, 1964, and went to Brecksville-Broadview Heights High School in Brecksville, which is close to Cleveland. From 1983 to 1987, he was a collegiate basketball player at the University of San Diego. In the 1987 CBA draft, the Albany Patroons selected him in the fifth round.
| Name | Eric Musselman |
| Net Worth | Estimated $10 million |
| Age | 59 years old (November 19, 1964) |
| Height | 5 feet 7 inches (170 cm) |
| Weight | 95 kg (209 lbs.) |
| Residence | Fayetteville, Arkansas |
| Education | Brecksville-Broadview Heights High School, University of San Diego |
| Position | Head Coach for Arkansas Razorbacks |
| Martial Status | Married |
| Source of Wealth | Basketball Coach |
| Salary | $4 million (average) |
| Endorsements | N/A |
| Endorsements Earnings | N/A |
Eric Musselman’s Net Worth
Eric Musselman’s net worth is estimated to be $10 million as of January 2024. His net worth is a result of his success as a coach, which includes previous NBA, CBA, and NCAA stints.
Musselman’s salary is the third highest in the SEC, with $4 million, behind Kentucky's John Calipari and Tennessee's Rick Barnes, according to a USA Today salary database for head coaches.
Eric Musselman’s Career Earnings
Arkansas has offered Musselman over $20 million for five years, with an annual increase of $100,000 since they extended his contract in 2021. However, his total coaching career is not yet available.
| Year | School | Pos. | Total Pay | School Pay | Other Pay | Max Bonus | Bonuses Paid (2021-22) | School Buyout as of 4/1/2023 |
| 2023 | Arkansas | Head | $4,100,000 | $4,100,000 | — | $800,000 | $275,000 | $11,719,167 |
| 2022 | Arkansas | Head | $4,000,000 | $4,000,000 | — | $800,000 | $0 | $11,433,333 |
| 2021 | Arkansas | Head | $2,333,333 | $2,500,000 | $0 | — | $0 | $5,220,833 |
| 2020 | Arkansas | Head | $2,500,000 | $2,500,000 | $0 | $300,000 | — | $7,145,833 |
| 2019 | Nevada | Head | $0 | $0 | $0 | $0 | $0 | $0 |
| 2017 | Nevada | Head | $400,000 | $400,000 | $0 | $640,000 | $0 | $0 |
| 2014 | Arizona State | Assistant | $0 | $0 | $0 | $0 | — | — |
| 2013 | Arizona State | Assistant | $0 | $0 | $0 | $0 | — | — |
Eric Musselman’s Salary
Eric Musselman’s annual salary as per the 2021 contract extension is $4 million, until 2025-26; given the $100,000 raise, he will receive $4.2 million in 2023-24 season.
Musselman's incentives under the contract are as follows:
$100,000 for either the regular season or the SEC tournament victory.
$50,000 for reaching the NCAA Tournament’s round of 32.
$250,000 for reaching the Sweet 16.
$350,000 for reaching the Final Four.
$500,000 for winning the national championship.
$1.5 million - one-time retention if he completes the contract (provided there have been no significant NCAA infractions and the program is not on NCAA probation).
Eric Musselman’s Contract
Eric Musselman agreed to a $2.5 million-a-year contract with Arkansas that was supposed to run through the 2023–24 season. But his contract was extended in 2021, increasing his salary to $4 million-a-year, until the 2025-26 season.
In addition to his annual salary, he is entitled to a $100,000 raise every year for up to six NCAA tournament appearances. He can choose to extend the deal for the Razorbacks' next two NCAA Tournament appearances by one season each.
If Musselman is fired during the term for convenience, the UA will be obligated to pay him 70% of his remaining salary. If Musselman accepted a position at his alma mater, the University of San Diego, after April 2024, he wouldn't be obligated to pay a buyout.
If Musselman accepted a new position before the 2021–2022 season ended, he would be obligated to pay the UA $7.5 million. Through the 2023–2024 season, $1 million through the 2024–2025 season, and $750,000 until the conclusion of the contract—including any seasons earned as extensions beyond 2025–2026—that buyout drops to $2 million.
Eric Musselman Contract Breakdown
| Year | Base-Salary | Signing Bonus | Cap Hit | Dead Cap | Yearly Cash |
| 2021-22 | $4 million | - | $4 million | - | $4 million |
| 2022-23 | $4.1 million | - | $4.1 million | - | $4.1 million |
| 2023-24 | $4.2 million | - | $4.2 million | - | $4.2 million |
| 2024-25 | $4.3 million | - | $4.3 million | - | $4.3 million |
| 2025-26 | $4.4 million | - | $4.4 million | - | $4.4 million |
"Yearly Cash" refers to both the base salary and any accumulated bonuses or buyouts.
Eric Musselman’s Contract History
Eric Musselman has coached for a myriad of professional and collegiate teams throughout his career. Further information is given below:
1989–1990: Rapid City Thrillers (Head Coach)
1990–1991: Minnesota Timberwolves (Assistant Coach)
1991–1997: Rapid City Thrillers/Florida Beach Dogs
1995–1996: Florida Sharks (Head Coach)
1998–2000: Orlando Magic (Assistant Coach)
2000–2002: Atlanta Hawks (Assistant Coach)
2002–2004: Golden State Warriors (Head Coach)
2004–2006: Memphis Grizzlies (Assistant Coach)
2006–2007: Sacramento Kings (Head Coach)
2010–2011: Reno Bighorns (Head Coach)
2011–2012: Los Angeles D-Fenders (Head Coach)
2012–2013: Arizona State (Assistant Coach)
2013–2014: Arizona State (Associate Head Coach)
2014–2015: LSU (Associate Head Coach)
2015–2019: Nevada (Head Coach)
2019–present: Arkansas (Head Coach)
FAQ's On Eric Musselman Net Worth, Salary and Contract
A. As of 2024, Eric Musselman's net worth is estimated to be $15 million.
A. Eric Musselman's annual salary at Arkansas is $4 million, with the potential for annual increases.
A. Eric Musselman signed a contract extension in 2021, securing his position through at least the 2025–26 season.
A. Incentives in Eric Musselman's contract include bonuses for success in the SEC and NCAA Tournament, along with potential contract extensions.
A. The buyout clause in Eric Musselman's contract varies, with conditions such as job acceptance at his alma mater affecting buyout obligations.
