From walking on as a student manager under the legendary Bob Knight to commanding a multi-million dollar contract at a Big Ten powerhouse Dusty May’s journey in collegiate basketball has been nothing short of remarkable.
After guiding Florida Atlantic University to its first-ever Final Four appearance and earning CBS National Coach of the Year honors, May’s stock in the coaching world skyrocketed, culminating in his high-profile move to Michigan in 2024.
Dusty May’s Salary & Contract In 2025
Dusty May’s arrival at the University of Michigan marked a significant financial upgrade from his previous position at FAU. Upon joining the Wolverines in March 2024, May signed a lucrative five-year contract that reflects Michigan’s commitment to revitalizing their basketball program.
The contract structure provides May with an average annual compensation of $3.75 million, beginning at $3.55 million in his first year and gradually increasing to $3.95 million by the end of the five-year term.
This represents a substantial salary increase from his previous position at FAU where he was earning $1.25 million annually with scheduled 5% yearly raises as part of a 10-year extension.
Based on the Detroit News May will earn more than $3.5 million per year at Michigan securing a spot in the top bracket of college basketball coach salaries. The performance-based bonus system exists in this contract yet information about those particular incentives remains undisclosed to the public.
In February 2025, amid speculation linking May to the Indiana head coaching vacancy, Michigan extended his contract to ensure his long-term commitment to the program.
Dusty May’s Net Worth
As of 2025, Dusty May’s net worth is estimated to be approximately $1 million a figure that has grown since his move to Michigan. This estimate represents an increase from his reported net worth in 2024, reflecting his enhanced earning potential at a program with Michigan’s resources and national profile.
May’s financial portfolio is primarily built on his coaching contracts with his Michigan deal serving as the cornerstone of his wealth.
While specific details about endorsement deals or outside income sources aren’t widely publicized, collegiate coaches of May’s caliber typically supplement their university salaries with basketball camps, speaking engagements, and potential apparel deals.
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However, there are no confirmed sponsorships or endorsements for May at this time.
As May moved from FAU to Michigan, he received both professional development and a major salary boost on his way to earning recognition as a prominent catalyst among college basketball coaching talent. His term through 2029 indicates a positive financial outlook that can boost further with his success as Michigan anticipates on the court.
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