Shaka Smart Net Worth, Salary and Contract

Last Modified Jan 30, 2024 11:57 GMT
Shaka Smart Net Worth, Salary and Contract
Shaka Smart

Shaka Smart, born on April 8, 1977, currently serves as the men's basketball head coach at Marquette University. Before transitioning into coaching, Smart was a college basketball player for Kenyon College.

He­ got popular in 2011 for guiding the Virginia Commonwealth University to the­ir first-ever spot in the Final Four of the­ 2011 NCAA tournament. However, his coaching journey commenced back in 1999, at California University of Pe­nnsylvania.

Shaka Smart was named the head coach Golden Eagle­s basketball team in March 2021, replacing former coach Steve Wojciechowski. Smart led them to the Big East tournament in 2023 and also won many accolades for his coaching.

NameShaka Smart
Net Worth$15 Million (estimated)
Age46 years old (born on April 8, 1977)
ResidenceFox Point, Wisconsin
PositionCollege Basketball Head Coach
Marital StatusMarried
Source of WealthBasketball coach
Salary$3 million annually (as of 2024)
EndorsementsN/A
Endorsement EarningsN/A

Shaka Smart’s Net Worth

As of 2024, Shaka Smart has an estimated net worth of Shaka Smart is around $15 million.

He is a successful college basketball coach who has made a huge impact on the game since he started coaching in 1999 as an assistant coach. Over the years, he has held various coaching positions in various schools and universities and has earned an exceptionally high net worth.

Shaka Smart’s Career Earnings

Shaka Smart's exact income­ throughout his career isn't known as his past coaching salaries we­ren't release­d. However, his coaching roles at seve­ral universities have brought in significant mone­y and increased his overall earnings.

Details of Shaka Smart's current contract with Marquette­ University haven't been made public as of now. Still, estimates put his yearly earnings around $3 million in his current position. Back in 2021, in his last year with the University of Te­xas basketball team, he earned a basic pay of $3.4 million. The contract with Texas was worth $21.7 million for a period of 7-years.

Shaka Smart’s Salary

Shaka Smart's salary as of 2024 is estimated to be around $3 million. In 2021, he agreed to a six-year deal with Marquette University. While Smart did not disclose the financial figures of his coaching contracts, it is estimated that he is receiving around $3 million per season throughout this deal with Marquette.

Prior to 2021 when he was the head coach of the Texas basketball team, his base pay annual was $3.4 million and in 2020 he earned $3.3 million base pay. The total pay of his annual salary also included bonuses and compensation he received for his performances.

Shaka Smart’s Contract

Shaka Smart agreed to a six-year deal with Marquette University in 2021, although the financial figures of their coaching contracts have not been disclosed. However, it is estimated that Smart is receiving around $3 million per season throughout the duration of the deal.

Previously in 2015, when he joined the Texas men's basketball team, Shaka Smart agreed to a contract with the University of Texas that would pay him at least $21.7 million over the next seven years. In his first year at Texas in 2016, he received $2.8 million, and by the end of his tenure at Texas in 2021, he was receiving $3.4 million. The only known contract before his tenure with Texas was a $1.2 million per year (8-year) contract with VCU.

Shaka Smart Contract Breakdown

YearBase SalarySigningBonusCap HitDead CapYearly Cash
2011$418,000-$424,000-$424,000
2012$1,190,000-$1,210,000-$1,210,000
2013$1,370,000-$1,380,000-$1,380,000
2014$1,520,000-$1,530,000-$1,530,000
2015$1,570,000-$1,578,500-$1,578,500
2016$2,800,000-$2,805,000-$2,805,000
2017$2,900,000-$2,900,000-$2,900,000
2018$3,100,000-$3,100,000-$3,100,000
2019$3,200,000-$3,200,000-$3,200,000
2020$3,300,000-$3,300,989-$3,300,989
2021$3,400,000-$3,400,000-$3,400,000

Shaka Smart’s Contract History

California Vulcans (1999-2001)- Shaka Smart's coaching career began in 1999 as an assistant coach at California University of Pennsylvania under Bill Brown.

Akron Zips (2003-2006)- From 2003 to 2006, he joined the Akron Zips men's basketball team as an assistant coach.

Clemson Tigers (2006-2008)- Following his time at Akron, Smart joined the Clemson basketball team as an assistant coach from 2006 to 2008.

Florida Gators (2008-2009)- That same year, he moved on to the University of Florida, where he served as an assistant coach until 2009.

VCU Rams (2009-2015)- Later that year, Smart took on a head coaching role with the VCU Rams men's basketball team. He signed a $1.2 million per year contract extension during his time with the VCU Rams. He left the team in 2015.

Texas Longhorns (2015-2021)- In 2015, Smart made the move to the University of Texas, where he was appointed as the head coach of the Texas Longhorns basketball team. He worked at Texas for six seasons (until 2021). During his tenure at Texas, he secured a long-term contract with the University of Texas that guaranteed him a minimum of $21.7 million over the following seven years.

Marquette Golden Eagles (2021-present)- Lastly, in 2021, Smart joined the Marquette Golden Eagles men's basketball team as their head coach. He agreed to a six-year deal with Marquette, though specific financial details of the coaching contract have not been disclosed.

FAQ's on Shaka Smart Net Worth, Salary and Contract

A. Shaka Smart was born on April 8, 1977, making him 46 years old as of 2024.

A. Shaka Smart was born in Madison, Wisconsin, United States.

A. As of 2024, Shaka Smart is coaching the Marquette Golden Eagles, the men's basketball team at Marquette University.

A. Shaka Smart's net worth is estimated to be around $15 million as of 2024.

A. Shaka Smart began his coaching career as an assistant coach of the men's basketball team at the University of California in 1999.

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