In this article, we delve into the net worth and career achievements of Bill Self, an accomplished American college basketball coach. With a net worth of $20 million, Bill Self has established himself as a prominent figure in the world of basketball coaching. Let’s explore his journey, early life, coaching career, and financial success.
Early Life and Education
Bill Self was born on December 27, 1962, in Okmulgee, Oklahoma. His passion for basketball was instilled at an early age, as his father coached girls’ basketball at a local high school. After completing high school, Bill attended Oklahoma State University on a full-ride athletic scholarship. He excelled as a star athlete, representing the university’s basketball team for four years. In 1985, he graduated with a degree in Business and went on to earn a Master’s degree in athletic administration from the same institution in 1989.
Coaching Career and Achievements
Bill Self’s coaching journey began as an assistant at the University of Kansas under the tutelage of Larry Brown. He then returned to his alma mater, Oklahoma State, as an assistant coach. In 1993, he earned his first head coaching position at Oral Roberts University. Subsequently, he served as the head coach at Tulsa from 1997 to 2000 and at Illinois from 2000 to 2003.
In 2003, Bill Self was appointed as the head coach of the University of Kansas, marking a significant milestone in his career. During his tenure, he led the team to numerous achievements, including reaching the Elite Eight in the NCAA Tournament in his first season. In 2008, he guided the team to victory in the NCAA Division 1 Championship. The team has consistently performed at a high level, securing multiple Elite Eight appearances and establishing a reputation for excellence.
Contracts and Salary
In April 2021, Bill Self signed a new contract with the University of Kansas, solidifying his long-standing commitment to the institution. The contract features a five-year rolling agreement, automatically extending by one year at the end of each season. As part of the agreement, Bill Self receives a per-season base salary of $5.4 million, supplemented by a $2.5 million retention bonus after the first five years.
Furthermore, Bill Self has the opportunity to earn up to $775,000 in incentives each season. These incentives include bonuses for winning the Big 12 Tournament, the Big 12 regular season, and the NCAA Tournament. Additional bonuses are provided for winning the Coach of the Year title, reaching the Sweet 16 and Final Four, and winning the national championship.
In the event that the University of Kansas decides to terminate Bill Self’s contract, they would owe him one year’s salary, amounting to $5.41 million.
Bill Self’s impressive net worth of $20 million is a testament to his successful career as a basketball coach. With a remarkable coaching journey that includes leading the University of Kansas to multiple achievements, Bill Self has solidified his position as a highly regarded figure in the sport. Through his dedication and expertise, he has earned both financial success and respect within the basketball community.