Mike Woodson is a retired American professional basketball player and former NBA head coach, who currently is the head coach of the Indiana Hoosiers men’s basketball team. As a player, he was a standout shooting guard who played for several NBA teams, including the New York Knicks, the Los Angeles Clippers, and the Houston Rockets.
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After his playing career ended, Woodson transitioned into coaching, starting as an assistant coach for various NBA teams, including the Milwaukee Bucks, the Cleveland Cavaliers, and the Philadelphia 76ers.
He then went on to become a head coach, leading the Atlanta Hawks and the New York Knicks. Woodson’s most successful coaching stint was with the Atlanta Hawks, where he led the team to three consecutive playoff appearances and was named the NBA Coach of the Year in 2010.
He later returned to the New York Knicks as head coach in 2012 and led the team to their first playoff appearance in several years.
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Mike Woodson salary: What is Mike Woodson salary?
Reliable sources claim that Woodson receives an annual basic pay of $550,000 as well as $2,450,000 in outside marketing and promotional income.
Woodson will be required to pay Indiana a lump sum payment equal to one year’s worth of his current base salary and a supplementary bonus if he leaves the company before March 31, 2024.
A lump sum of $500,000 is owed to Indiana if he leaves after that time. Depending on their degree of expertise, track record, and the team they are leading, basketball head coaches can earn salaries that range from a few hundred thousand dollars to over $10 million annually.
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