Mike White Net Worth, Salary and Contract

Mike White is an American collegiate basketball coach and former player who was born on March 2, 1977. He is the men's basketball team's head coach at the University of Georgia. White was the head coach of the Louisiana Tech Bulldogs from 2011 to 2015 and the Florida Gators from 2015 to 2022 before taking the Georgia position.

White was the WAC Coach of the Year in 2013 and the Conference USA Coach of the Year in 2015. Coaching the 2014 C-USA Sixth Man of the Year, the 2015 C-USA Player of the Year, two WAC Newcomers of the Year, and the 2014 C-USA Defensive Player of the Year, he made quite an impression in college basketball.

Mike White’s Net Worth

Mike White’s net worth is estimated to be $1 million as of 2024. Mike White previously served as Florida's coach for seven seasons, earning a base salary of $3.05 million.

White’s current contract with Georgia is estimated to be worth $21.9 million over six years. According to a few other sources, his net worth is estimated to be $2 million, although this has not been verified.

Mike White’s Career Earnings

Unfortunately, no information is available regarding the total career earnings of Mike White.

Mike White’s Salary

Based on information received after an open records request, White receives $3.4 million a year. His employment agreement is for six years.

White's salary at Georgia ranks sixth in the SEC behind Kentucky's John Calipari ($8.6 million), Tennessee's Rick Barnes ($5.2 million), Arkansas' Eric Musselman and Texas A&M's Buzz Williams ($4 million each), and Auburn's Bruce Pearl ($3.8 million), according to USA Today's salary survey of the year, as of January 2024.

Mike White’s Contract

In accordance with the terms of the contract, White will earn $21.9 million over the course of six seasons in Athens, plus possible bonuses. White will be paid a base salary by the university and the athletic association, which will be $3.4 million in the first year of the contract and $3.9 million in the last year, which is the 2027–2028 campaign.

That sum increases by $100,000 for each contract year. Additionally, Nike, the sports association's current equipment vendor, will give White up to $3,500 worth of clothing and shoes annually. In addition, the agreement stated that Georgia would have to pay Florida a buyout to release White from his $1.3 million contract.

White will have the same annual performance-based bonuses as other contracts, with a maximum of $450,000 per season. In addition to being named SEC Men's Basketball Coach of the Year ($25,000) or National Men's Basketball Coach of the Year by the Associated Press ($50,000), these bonuses also include placing Georgia in the top 33% of SEC men's basketball teams in terms of both graduation success rate (GSR) and academic performance rate (APR), which carries a $50,000 payout.

Ultimately, the bonus linked with the highest degree of success would go to White if Georgia advances to the NCAA Tournament under his coaching. He will get $37,500 for a bid, $75,000 for a spot in the "Sweet 16," $125,000 if the Bulldogs advance to the "Final 4," or $250,000 if Georgia wins it all.

If White resigns or is fired for cause, the contract is ended, and he will be obligated to pay an amount based on the remaining balance on the agreement. If that happens before the end of his first season, White will owe $11 million. The figure drops season by season, eventually reaching $3.9 million between the end of the 2025–26 season and the contract's completion in 2027–28.

In the event of White's termination without cause, he will be owed the full amount of the contract before the first season ends, 65% after the first season ends but before the 2026–2027 season begins, and the entire amount once the 2026–2027 season ends but before the contract expires on April 30, 2028.

Mike White Contract Breakdown

The yearly cash will include bonuses as well, if any.

Mike White’s Contract History

From 2000 to 2004, Mike White served as an assistant coach for Jacksonville State, and from 2004 to 2011, he became an assistant coach at Ole Miss. He was hired as Louisiana Tech's head coach in 2011, a position he kept until 2015. Since taking over as head coach in 2015, White has led Florida to the Elite Eight of the 2017 NCAA Tournament. He stayed in Florida until 2022 and then signed a contract with Georgia in March 2022.