Vic Schaefer Net Worth, Salary, and Contract

Last Modified Nov 20, 2024 12:30 GMT
Vic Schaefer. Source: @texaswbb

Vic Schaefer, born on March 2, 1961, is a renowned American coach in women’s basketball history and is also the fourth-highest-paid coach in NCAA women’s basketball. The two-time National Coach of the Year has been at the helm of the Texas Longhorns women’s basketball program since 2020.

NameVic Schaefer
Age63 Years
ResidenceStarkville, Mississippi
PositionHead Coach
Marital StatusMarried
Source of WealthBasketball Coach
Salary$2.3 million

Vic Schaefer Net Worth

Vic Schaefer's estimated net worth is not available as of November 2024.

Vic Schaefer Salary

According to 247Sports, Vic Schaefer is expected to earn a minimum of $2.3 million during the 2024-25 season and his compensation jumped from $1.8 million to $2.3 million during the 2022-23 season. This makes Schaefer the fourth highest-paid women’s basketball coach in the country.

Vic Schaefer Contract

As per USA Today, Vic Schaefer signed a seven-year contract with the Longhorns in 2020 worth $13.8 million and is expected to receive $300,000 for moving expenses and a $200,000 payment at the end of the 2024-25 season.

Vic Schaefer Coaching History

Schaefer began his coaching journey as an assistant coach at Sam Houston State in 1987 before earning his promotion to the head coaching role in 1990. He served as the head women's coach at Sam Houston State from 1990-97. In 1997, he joined the Arkansas women’s basketball program as an assistant coach followed by a three-year run as an associate head coach from 2000-2003.

Vic Schaefer then joined Gary Blair at Texas A&M where he spent nine years as associate head coach from 2003 to 2012. He helped the program win two Big 12 Tournament titles and a regular conference title. In 2012, he joined the Mississippi State program where he turned them into a national power and led them to back-to-back national championship games in 2017 and 2018. He was also named Naismith women’s college Coach of the Year in 2018 and led the Bulldogs to a 221-62 overall record. Schaefer earned his dream coaching job in Austin for the Texas Longhorns in 2020 and couldn’t pass up the opportunity. Under Schaefer, Texas won the Big 12 Tournament Championship in the 2023-24 season, marking their third successive conference title.

FAQs on Vic Schaefer

A. Vic Schaefer's estimated net worth is not available as of November 2024.

A. Vic Schaefer's annual salary is $2.3 million with the Texas Longhorns.

A. Vic Schaefer was born in Austin, Texas.

A. Vic Schaefer has agreed to sign a seven-year contract with the Texas Longhorns in 2020.

A. Yes, Vic Schaefer is married to his wife, Holly Schaefer.

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