Rick Barnes is the head coach of the Tennessee Volunteers in the Southeastern Conference (SEC) for men's collegiate basketball. During his 17 seasons as head coach of the Texas Longhorns, which spanned from 1998 to 2015, Barnes led the team to 16 NCAA Division I men's basketball tournaments, including 14 straight from 1999 to 2012 and a Final Four appearance in 2003 under T. J. Ford.
Barnes has also coached at George Mason University, Providence College, and Clemson University. In the NCAA tournament, he had a 25–26 (.490) career record including a 19–16 record while attending Texas.
Barnes has won numerous coaching awards, including Naismith Coach of the Year (2019), Henry Iba Award (2019), Coach Wooden 'Keys to Life' Award (2018), CAA Coach of the Year (1988), 4× Big 12 Coach of the Year (1999, 2003, 2008, 2014), SEC Coach of the Year (2018), and John R. Wooden Legends of Coaching Award (2009).
| Name | Richard Barnes |
| Net Worth | Estimated $16 million |
| Age | 70 years old (July 17, 1954) |
| Residence | Knoxville, Tennessee |
| Position | Head Coach for Tennessee Volunteers |
| Martial Status | Married |
| Source of Wealth | Basketball Coach |
| Salary | $5.7 million |
Rick Barnes’s Net Worth
Rick Barnes’s estimated net worth is $16 million, as of February 2025, as per Celebrity Net Worth.
Rick Barnes’s Salary
As of February 2025, Rick Barnes' salary is $5.7 million, as per USA Today. He signed a contract with Tennessee in 2015 and is the highest-paid employee in Tennessee. His contract has been extended three times in the last three years, and his current contract is valid through the 2027–2028 season. It was signed in late 2023.
Rick Barnes’s Contract
According to ESPN, In accordance with Barnes’s most recent contract extension, his base pay was $5.45 million in 2023, with $5.75 million for his last two seasons, this contract runs through 2027-28. He has incentives in his contract for a variety of on-court accomplishments.
In April 2015, Barnes agreed to become Tennessee's head coach on a $13.5 million, six-year contract. At the beginning of the 2017–18 season, he was ranked No. 35 nationally among college basketball coaches, and his initial contract paid him $2.25 million a year. Barnes was one of the Tennessee coaches who willingly took a pay cut during the COVID-19 pandemic in late 2020, lasting for eight months. His six-year, $21 million contract extension from 2018 paid an average income of $3.5 million a year. The contract he signed in April 2019 increased his annual salary by $250,000. In July 2021, Barnes was granted a two-year extension till the 2025–2026 season. The last two years of the contract came with a $100,000 annual rise as part of that extension. In March 2022, Barnes was granted a one-year contract extension that included a $100,000 salary increase in the contract's final year, which was supposed to pay him $6 million. For the remaining five seasons left on that contract, it was worth an average salary of $5.77 million annually.
Rick Barnes’s Contract Breakdown
| Year | Base-Salary | Signing Bonus | Cap Hit | Dead Cap | Yearly Cash |
| 2015 | $2.25 million | - | - | - | $2.25 million |
| 2016 | $2.25 million | - | - | - | $2.25 million |
| 2017 | $2.25 million | - | - | - | $2.25 million |
| 2018 | $3.5 million | - | - | - | $3.5 million |
| 2019 | $3.5 million | - | - | - | $3.5 million |
| 2020 | $3.5 million | - | - | - | $3.5 million |
| 2021 | $3.5 million | - | - | - | $3.5 million |
| 2022 | $3.5 million | - | - | - | $3.5 million |
| 2023 | $5.45 million | - | - | - | $5.45 million |
| 2024 | $5.45 million | - | - | - | $5.45 million |
| 2025 | $5.45 million | - | - | - | $5.45 million |
| 2026 | $5.75 million | - | - | - | $5.75 million |
| 2027 | $5.75 million | - | - | - | $5.75 million |
Read More: Rick Barnes Family
FAQs on Rick Barnes
A. Rick Barnes is the head coach of the Tennessee Volunteers.
A. Rick Barnes was the head coach at Texas from 1998 to 2015.
A. Rick Barnes has led teams to over 25 NCAA Tournament appearances.
A. Rick Barnes took Texas to the Final Four in 2003.
A. Rick Barnes began as a head coach at George Mason in 1987.
