Tom Izzo Net Worth, Salary and Contract

Last Modified Feb 1, 2025 08:09 GMT
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Tom Izzo. Source: Getty Images

Tom Izzo is an American college basketball coach who has been the head coach of the Michigan State Spartans since 1995. Izzo is the longest-tenured coach in the Big Ten Conference, as of January 2025. Izzo has won four national Coach of the Year awards throughout his coaching career. In confe­rence winnings, Izzo has been a dominant force in the Big Ten. His 10 regular-season confe­rence titles positioned him as one of the most championship-winning coache­s in the conference­ history. In 2022, Izzo surpassed Bob Knight with the most wins by a men's basketball coach at a Big Ten school with 663.

NameThomas Michael Izzo
Net Worth$13 Million ( As of January 2025)
Age70 years old (born on January 30, 1955)
ResidenceEast Lansing, Michigan
PositionCollegiate Basketball Head coach
Marital StatusMarried
Source of WealthBasketball Coach
Salary$6.2 million annually (as of 2025)
EndorsementsNike

Tom Izzo’s Net Worth

Tom Izzo's net worth as of 2025 is $13 million, as per Celebrity Net Worth.

Read More: Tom Izzo Family

Tom Izzo’s Salary

According to USA Today's Sportsdata, Tom Izzo is making $6,196,169 annually, as of January 2025. Back in Se­ptember 2022, Izzo signed an exte­nsion with Michigan State University. Before­ this, he earned a base­ salary of about $3.9 million in 2021. Going further back, in 2020, his starting pay was around $3,743,070.

Tom Izzo’s Contract

Tom Izzo recently signed a five-year contract extension with the university on August 11, 2022. According to the new contract, Izzo earns $6.2 million annually.

According to the official Michigan State website, under the terms of the extension, Izzo will receive a base salary of $2.43 million, as well as $3.09 million in supplemental compensation. In addition, he will also receive $400,000 from Nike as part of his compensation package. This brings his total compensation figure to approximately $6.2 million.

Tom Izzo Contract Breakdown

YearBase SalarySigning BonusCap HitDead CapYearly Cash
2011$3,090,000-$3,565,000-$3,565,000
2012$3,120,900-$3,598,700-$3,598,700
2013$3,220,769-$3,745,769-$3,745,769
2014$3,413,954-$3,893,954-$3,893,954
2015$3,471,955-$4,006,955-$4,006,955
2016$3,525,359-$4,150,359-$4,150,359
2017$3,582,751-$4,251,751-$4,251,751
2018$3,652,979-$4,359,979-$4,359,979
2019$3,732,562-$4,157,562-$4,157,562
2020$3,743,070-$4,191,070-$4,191,070
2021$3,922,266-$3,984,706-$3,984,706
2022$7,916,321-$8,341,321-$8,341,321
2023$5,313,727-$5,738,7275$5,738,727
2024$5,771,169 $6,196,169 $6,196,169

Read More: Michigan State Spartans basketball coach

FAQs on Tom Izzo

A. Tom Izzo was born in Iron Mountain, Michigan, United States.

A. As of 2025, Tom Izzo is 70 years old, as he was born on January 30, 1955.

A. Tom Izzo began his coaching career in 1977 as an head coach at Ishpeming Public School District.

A. Tom Izzo is currently the head coach of the Michigan State University men's basketball team. He has held this position since 1995.

A. Tom Izzo was inducted in the Basktball Hall of Fame in 2016. 

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