Fran McCaffery, a college basketball coaching veteran, has led the University of Iowa’s men’s basketball team since 2010. Under his leadership, the Hawkeyes have rebounded, regularly competing in the Big Ten Conference and earning repeated NCAA Tournament berths.
His leadership has not only improved the team’s performance but also secured his reputation as a dominant collegiate basketball coach.
Fran McCaffery’s Salary & Contract in 2025
In March 2021, McCaffery signed a four-year contract extension with the University of Iowa, securing his position as head coach until the 2027-28 season. This extension followed an excellent season, showing the university’s faith in his leadership.
McCaffery’s entire compensation is split as follows:
Base Salary: $2.5 Million
Auxiliary Compensation: $900K with public-speaking appearances, fundraising, and camps
Television and radio appearances: $300K (with half paid by Learfield Communications)
Nike apparel and shoe agreement: $150K
This lifts his overall salary for the 2024-25 season to around $3.4 million.
The contract also has a buyout clause. If the university terminated McCaffery without cause around April 1, they would owe him nearly $4.2 million, which would be paid over 36 months.
Fran McCaffery’s Net Worth
As of February 2024, Fran McCaffery’s estimated net worth is around $5 million.
The figure includes his coaching earnings, base salaries, performance-based incentives, and additional income from media appearances and endorsements. McCaffery has worked with brands such as Nike during his career, which has helped to increase his overall net worth.
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His continuous leadership and team performance have laid the foundation for future endorsements and commercial endeavors.
McCaffery’s unwavering commitment to the Iowa Hawkeyes and savvy contract negotiations and endorsements have established his financial standing and legacy as a collegiate basketball coach.
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