Pat Kelsey Net Worth, Salary and Contract

Last Modified Feb 13, 2024 11:20 GMT
Pat Kelsey Net Worth, Salary and Contract
Pat Kelsey Net Worth

Pat Kelsey is an accomplished American college basketball coach, currently serving as the head men's basketball coach at the College of Charleston. His coaching journey began as an assistant coach at Wake Forest University and later at Xavier University. During his tenure as an assistant coach, Kelsey's teams achieved significant milestones, including an ACC regular season championship, multiple NCAA Tournament berths, an NIT berth, and a No. 1 national ranking in two seasons.

Before leading the College of Charleston, Kelsey spent nine successful seasons at Winthrop and three years as an associate head coach at Xavier. Recognized as one of the best assistant coaches in America, Kelsey's coaching expertise and leadership continue to leave a lasting impact on the college basketball landscape.

NamePat Kelsey
Net WorthN/A
Age48 Years
ResidenceCincinnati, Ohio, U.S.
PositionHead Coach
Marital StatusMarried
Source of WealthBasketball Coaching
Salary$1.1 million per year
EndorsementsN/A
Endorsement EarningsN/A

Pat Kelsey Net Worth

As of 2023, Pat Kelsey's net worth remains undisclosed. The coach, known for his successful career, presumably earns a substantial income through coaching. Unfortunately, specific details about his current financial status are not available for 2024. In 2021, his net worth was reported to be $1 million. While Kelsey's coaching business is likely a primary income source, he has opted to keep his recent financial details private.

Pat Kelsey Career Earnings

Pat Kelsey, the accomplished coach, signed a noteworthy five-year deal in 2021, amounting to $3 million. Fast forward to 2024, and he is set to earn $600,000, with the potential for additional earnings through incentives tied to achievements like conference championships and NCAA Tournament appearances.

Kelsey's coaching career has not only brought him acclaim but also a substantial income. While the specific details of his net worth in 2023 remain undisclosed, the structure of his current deal suggests a continued financial success story.

Pat Kelsey Salary

Pat Kelsey's latest contract extension with the College of Charleston, signed in February, ensures him a substantial salary of $1.1 million per year. The College of Charleston's Board of Trustees unanimously approved this five-year extension on February 28th.

Previously, Kelsey's annual salary at Winthrop was $247,500, accompanied by eligibility for three retention bonuses, each valued at $150,000, if he remained head coach through July 1 of 2019, 2020, and 2021. The significant increase in his salary reflects

Pat Kelsey Contract

Pat Kelsey's coaching career hit a high note in 2021 when he signed a five-year deal totaling $3 million. This year, he's set to receive $600,000 with the potential for additional earnings through incentives like conference championships and NCAA Tournament appearances. His latest contract with the College of Charleston offers an annual guaranteed compensation package of $1.1 million, consisting of a $600,000 base state salary and a $500,000 annual supplement from private funds.

The contract also includes bonuses for achieving 20-win seasons, conference championships, coach-of-the-year awards, and NCAA Tournament appearances. Notably, the deal secures Kelsey with a $1 million buyout if he opts to leave for another job before 2028. This significant salary increase reflects Kelsey's standing as a respected and sought-after coach in collegiate basketball.

Pat Kelsey Contract History

Pat Kelsey's coaching journey unveils a notable trajectory. Initially, he spent five successful years at Winthrop, achieving a remarkable 26-7 record, winning the Big South Conference Tournament, and securing an NCAA Tournament invitation in his final season. Kelsey's annual salary at Winthrop was $247,500, complemented by retention bonuses of $150,000 each, scheduled if he remained the head coach through July 1 of 2019, 2020, and 2021.

In 2021, Kelsey made a pivotal move, becoming the head coach of the College of Charleston's men’s basketball team. This shift marked the end of his impressive nine-season tenure at Winthrop. The specifics of his latest contract with the College of Charleston highlight the continued upward trajectory of Kelsey's coaching career, showcasing both on-court success and program-building prowess.

FAQ's On Pat Kelsey Net Worth, Salary and Contract

A. As of 2023, Pat Kelsey's net worth is undisclosed, but in 2021, it was reported to be $1 million.

A. Pat Kelsey's current annual salary at the College of Charleston is $1.1 million.

A. In February, Kelsey signed a five-year contract extension worth a total of $3 million.

A. At Winthrop, Kelsey's annual salary was $247,500, with retention bonuses of $150,000 for specific years.

A. The contract includes a $1 million buyout if Pat Kelsey decides to leave for another job before 2028.

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