Tom Izzo Net Worth, Salary and Contract

Last Modified Mar 31, 2025 10:43 GMT
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Tom Izzo. Source: Getty Images

Tom Izzo is a 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 March 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 March 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

Tom Izzo is making $6,196,169 annually as of March 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, according to USA Today's Sportsdata.

Tom Izzo’s Contract

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

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, according to the official Michigan State website.

Tom Izzo Contract Breakdown

YearTotal PayTotal Bonus
2025$6,196,879$750,000
2024$6,196,169$750,000
2023$5,738,727$750,000
2022$8,341,321$600,000
2021$3,984,706-
2020$4,191,070$600,000
2019$4,157,562$350,000
2018$4,359,979$350,000
2017$4,251,751$350,000
2016$4,150,359$350,000
2015$4,006,955$350,000
2014$3,893,954$350,000
2013$3,745,769$350,000
2012$3,598,700$350,000
2011$3,565,000$350,000

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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