Jerome Tang is the head coach of Kansas State University's Wildcats in the 2023–24 season. Tang, an American-Trinidadian, was born in San Fernando on October 7, 1966. He attended North Central Bible College in Minneapolis and finished an online bachelor's degree program at Charter Oak State College in 2007.
Tang began his coaching career in 1993 as head coach at Heritage Christian Academy in Cleveland, Texas, and eventually became athletic director. He stayed there until 2003, when he was hired by Baylor, where he served as an assistant coach under Scott Drew for 14 seasons before becoming associate head coach until 2022.
Baylor's Bears made ten NCAA tournament appearances between 2007–08 and 2021–22, and they won the 2021 tournament during Tang's time there. Along with winning the 2013 NIT, they also made three appearances in the NIT.
He led the Wildcats to the 2023 NCAA Elite Eight, earning multiple awards, including Naismith College Coach of the Year and Big 12 Coach of the Year. He finished his rookie season with a record of 26-10.
Name | Jerome Tang |
Net Worth | Estimated $2 million |
Age | 57 years old (October 7, 1966) |
Height | 5 feet 7 inches (170 cm) |
Weight | 84 kg (184 lbs.) |
Residence | Manhattan, Kansas, U.S. |
Education | North Central Bible College, Charter Oak State College |
Position | Head Coach for Kansas State Wildcats |
Marital Status | Married |
Source of Wealth | Basketball Coach |
Salary | $2.1 million |
Endorsements | N/A |
Endorsements Earnings | N/A |
Jerome Tang’s Net Worth
Jerome Tang’s net worth is estimated to be $2 million as of January 2024. His increasing fortune is a result of his salary as well as numerous bonuses earned during his coaching career. His net worth is expected to increase with his further success in collegiate basketball.
Jerome Tang’s Career Earnings
Jerome Tang’s estimated career earnings since joining the Wildcats are $7.2 million, but his prior coaching earnings are not available.
Jerome Tang’s Salary
Jerome Tang’s current base salary is $3 million, with a few of the incentives and bonuses he will receive for appearances or winning college basketball tournaments.
Jerome Tang’s Contract
Tang was named the Kansas State Wildcats' new head coach in March 2022, and they reached a six-year, $14.1 million agreement, or $2.1 million annually. It included several incentives, which Tang earned in the 2022-23 season for the Wildcats’ remarkable March Madness run.
But in September 2023, Tang and Kansas agreed to a new seven-year contract, worth $23.1 million, that replaced the previous one. According to the terms of the new deal, Tang will receive $3 million for the current season and $100,000 in raises per year, for a total of $3.6 million for the 2029–2030 season. After the following four seasons, he will also receive a $200,000 retention incentive.
The following is the breakdown of Tang's rewards for March Madness:
$25,000 for a bid to the NCAA Tournament
$37,500 for making it to the Round of 32
$50,000 for the Sweet 16
$100,000 for the Elite Eight
$200,000 for the Final Four
$600,000 for taking home the National Championship.
Other bonuses that he can receive are as follows:
$10,000 for a postseason NIT bid
$10,000 for making it to the NIT Final Four
$15,000 for winning the NIT championship
$15,000 for placing in the top 25 of the final AP or USA Today poll
$50,000 for winning the Big 12 championship (either regular season or tournament)
$25,000 for being named Big 12 Coach of the Year
$50,000 for being named National Coach of the Year
Given that Tang's buyout is currently $5 million, organizations attempting to entice him away may be greatly discouraged. The buyout, meanwhile, might be justified for some schools given his track record of success as a coach.
Jerome Tang Contract Breakdown
Year | Base-Salary | Signing Bonus | Cap Hit | Dead Cap | Yearly Cash |
2021-22 | $2.1 million | - | - | - | $2.1 million |
2022-23 | $2.1 million | - | - | - | $2.1 million |
2023-24 | $3 million | - | - | - | $3 million |
2024-25 | $3.1 million | - | - | - | $3.1 million |
2025-26 | $3.2 million | - | - | - | $3.2 million |
2026–27 | $3.3 million | - | - | - | $3.3 million |
2027-28 | $3.4 million | - | - | - | $3.4 million |
2028-29 | $3.5 million | $3.5 million | |||
2029-30 | $3.6 million | $3.6 million |
“Yearly Cash” does not include bonuses and incentives, as they vary for each season, depending on the performance.
Jerome Tang’s Contract History
Jerone Tang’s coaching journey is as follows:
1993–2003: Heritage Christian Academy (Head Coach)
2003–2017: Baylor (Assistant Coach)
2017–2022: Baylor (Associate Head Coach)
2022–present: Kansas State (Head Coach)
FAQ's On Jerome Tang Net Worth, Salary and Contract
A. Jerome Tang's estimated net worth is $2 million as of 2024.
A. Jerome Tang's current salary is $3 million as the head coach of the Kansas State Wildcats.
A. Tang received varying incentives for March Madness success, ranging from $25,000 to $600,000 based on tournament achievements.
A. Tang's current coaching agreement with Kansas State is a seven-year deal worth $23.1 million.
A. Jerome Tang's buyout amount is currently $5 million.