Coach K Made Less Than Half Of Phil Jackson’s Salary In ’09-’10
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RALEIGH, N.C. (CBS/AP) – Mike Krzyzewski is once again Duke’s highest-paid employee.
The Associated Press on Monday obtained the university’s most recent IRS documents for the fiscal year that ended June 30, 2010.
Krzyzewski’s total compensation for that year was listed as nearly $4.7 million.
That includes a base salary of $2 million, more than $2.2 million in bonuses and incentives and $420,000 in retirement and other deferred compensation.
The Hall of Fame coach annually ranks as the highest-paid employee at Duke. The private school has a longstanding policy of not discussing contracts or salaries.
According to past IRS Form 990 filings, Krzyzewski made nearly $4.2 million in 2008-09 and roughly $3.6 million the year before that.
Prior to the most recent hiring of Phil Jackson, the Los Angeles Lakers reportedly made a very lucrative offer to Coach K , which he declined to stay with the Blue Devils.
Kobe Bryant has said he wants to play for Krzyzewski, who coached him during the Olympics.
He is not believed to be a candidate for the Lakers current head coaching vacancy, due to his desire to stay at Duke.
Jackson made just over $10 million last year with the Lakers
(Copyright 2011 by The Associated Press. All Rights Reserved.)