Jim Calhoun Net Worth
Jim Calhoun Salary
Jim Calhoun's annual salary is $1.6 million. He is the coach of the University of Connecticut men's basketball team.
Jim Calhoun is the head coach of the men's basketball team at the University of Connecticut, and has a net worth of $8 million. Jim Calhoun has earned his net worth through his coaching career at Lyme-Old Lyme High School, and afterwards moved on to Westport High School in Massachusetts, and after one season, moved on to Dedham High School for one season, helping them to win the Massachusetts High School Bay State Championship. In 1971, Calhoun was recruited to be the new head coach at the Northeastern University in Boston and advanced his team from Division II to Division I four times. He was given six regional Coach of theYear Awards from Northeastern and is ranked as the coach with the most wins, with a record of 245-138. He was also the head coach at the University of Connecticut in 1986, and led the Huskies to win the NIT championship, as well as, the NCAA Tournament Elite Eight. He has led the University of Connecticut to win many championships and to also win seven Big East Men's Basketball Tournament Championships. He received his 700th win at Gampel Pavilion. In the history of the NCAA, Calhoun was the first coach to have won at least 240 games in two schools that were both division I. He was inducted into the Dr. James Naismith National Basketball Hall of Fame in 2005, and has recently signed a five year contract until 2014. His contract is for $16 million. Calhoun is such a successful head coach that 23 of his players have gone on to the professional leagues. But Calhoun ended up being suspended for the first three Big East Games of 2011-2012 and the University of Connecticut suffered a reduction of scholarships for three academic years, as well as, restrictions on recruiting, three year probations and there was to be no connection or involvement with a booster, no contributions, assisting with recruiting or any form of benefits or privileges. At that time the recruit was Nate Miles. After finding out that two players, Kirk King and Ricky Moore, were excepting benefits they were not entitled to, the victories in the 96 NCAA Tournament was taken away from the University basketball team.
Jim Calhoun was born in Braintree, Massachusetts. He has five siblings. He attended Braintree High School where he impressively played baseball and football. He received a scholarship for Lowell State, but was only able to attend for three months, due to helping his family get by after his father's fatal heart atack. He took several jobs, including grave digger, headstone carver, worker in a shampoo factory and others. He was able to return to College and finish his education, after 20 months. He went to American International College in Springfield, Massachusetts and received another scholarship for basketball. He earned a Bachelors Degree in sociology in 1968. He has a wife, Pat, and two sons and six grandchildren. They reside in Pomfret, Connecticut and Long Island South, in Madison, Connecticut. Jim Calhoun and his wife Pat, founded the Pat and Jim Calhoun Cardiology Research Fund, in honor of their parents who were lost to heart disease. They have also raised almost $1 million, through the Jim Calhoun Annual Food Drive, to help food assistance agencies provide for families in need. They are also involved in several benefits for causes such as Cancer and Diabetes. Calhoun is the Honorary Chairman of the Juvenile Diabetes Foundation and has been for years, as well as for programs such as, Ronald McDonald House, Children's Miracle Network, Connecticut Childrens Medical Center and more.