Matthew Joseph McMahon, widely known as Matt McMahon, is the current men's college basketball head coach for LSU, stepping into the role after his successful tenure at Murray State. A 6-foot-1 shooting guard during his playing days at Appalachian State University, McMahon transitioned seamlessly into coaching. His coaching journey began as a student assistant at Appalachian State, followed by a graduate assistant role at Tennessee. McMahon's coaching acumen became evident during his tenure at Murray State, where he achieved notable success, securing Ohio Valley Conference championships and NCAA tournament appearances.
On March 21, 2022, McMahon marked a significant career milestone by being announced as the new head coach for LSU, signing a seven-year deal. Known for his strategic approach and ability to develop successful programs, McMahon continues to make a mark in the competitive world of college basketball, bringing his passion and expertise to LSU.
| Name | Matt McMahon |
| Net Worth | N/A |
| Age | 45 Years |
| Residence | Oak Ridge, Tennessee, U.S. |
| Position | Head coach |
| Marital Status | Married |
| Source of Wealth | Basketball Head Coach |
| Salary | $2.6 million |
| Endorsements | N/A |
| Endorsement Earnings | N/A |
Matt McMahon Net Worth
Matt McMahon's net worth is not publicly specified. As a college basketball coach, his financial standing is influenced by his salary, contract agreements, and career earnings.
Matt McMahon Career Earnings
Matt McMahon has seen a significant increase in his earnings over the years. On April 5, 2019, he was awarded a four-year contract extension at Murray State, which would have kept him through the 2022–23 season. During this extension, McMahon's annual salary was elevated from $300,000 to $500,000. However, he accepted a new coaching position at Louisiana State University (LSU) in March 2022.
Matt McMahon Salary
As LSU's new head coach, Matt McMahon's annual salary is $2.6 million. Starting from the 2022-23 season, this seven-year deal will see him earn an additional $100,000 each subsequent year. McMahon has incentive-based bonuses, earning $50,000 for achievements like winning the SEC regular season championship, conference tournament, or reaching the NCAA Tournament. Moreover, he will receive extra compensation for each round LSU advances in the NCAA Tournament and $100,000 if the team secures the national championship.
Matt McMahon Contract
On March 21, 2022, LSU announced Matt McMahon as their new men's basketball head coach, signing a 7-year deal. The terms include a base salary of $400,000 per year with supplemental compensation starting at $2.2 million for the 2022-23 season. The total value of McMahon's contract is $20.3 million before incentives, providing stability and financial growth throughout his tenure.
Matt McMahon Contract Breakdown
| Year | Base Salary | Signing Bonus | Cap Hit | Dead Cap | Yearly Cash |
| 2022-23 | $400,000 | - | - | - | $2.6 million |
| 2023-24 | $400,000 | - | - | - | $2.7 million |
| 2024-25 | $400,000 | - | - | - | $2.8 million |
| 2025-26 | $400,000 | - | - | - | $2.9 million |
| 2026-27 | $400,000 | - | - | - | $3 million |
| 2027-28 | $400,000 | - | - | - | $3.1 million |
| 2028-29 | $400,000 | - | - | - | $3.2 million |
Matt McMahon Contract History
Matt McMahon's coaching journey has seen various contracts and extensions. He returned to Appalachian State in 2002 as a full-time assistant under coach Fancher. In 2015, he briefly joined Louisiana Tech as an assistant before returning to Murray State as the head coach on June 10, 2015, succeeding Prohm, who took the head coach position at Iowa State University.
On April 5, 2019, McMahon received a four-year contract extension at Murray State, marking a significant salary increase. However, he left in March 2022 to become the head coach at LSU, signing a lucrative 7-year deal, showcasing the progression and recognition in his coaching career.
FAQ's On Matt McMahon Net Worth, Salary and Contract
A. Matt McMahon's net worth is not specified publicly, influenced by his coaching salary, contracts, and career earnings.
A. On April 5, 2019, McMahon's annual salary increased from $300,000 to $500,000 during a four-year contract extension.
A. Matt McMahon's annual salary as LSU's head coach is $2.6 million, with incremental increases in subsequent years.
A. On March 21, 2022, LSU announced Matt McMahon as their new head coach, signing a 7-year deal.
A. The base salary in Matt McMahon's LSU contract is $400,000 per year, providing financial stability throughout his coaching tenure.
