Greg McDermott, the celebrated head coach of the Creighton Bluejays men’s basketball team, has been influential in raising the program’s profile since his arrival in 2010.
Creighton has frequently done well under his leadership, appearing in NCAA playoffs and winning conference championships. His dedication to perfection and ability to nurture talent established his status as one of college basketball’s top coaches.
Greg McDermott’s Salary & Contract in 2025
In March 2024, McDermott signed a four-year contract extension with Creighton University, extending his stay until the 2027-2028 season. While the university did not officially disclose exact salary conditions, reports suggest this deal placed him among the Big East Conference’s highest-paid coaches.
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According to Creighton University’s 2023 Form 990, McDermott’s total income was $2.93 million, which included a $2.89 million base salary and $40,000 in additional benefits.
Marcus Blossom, Creighton’s Athletic Director, highlighted the university’s commitment to maintaining elite talent when announcing the extension, saying, “This contract represents a commitment of mine to retain and recruit talent, as well as to win championships.”
Greg McDermott’s Net Worth
McDermott’s net worth is expected to be around $9 million by February 2024. This enormous wealth accumulation is primarily owed to his long coaching career, which has included steady success and leadership duties at universities like Northern Iowa, Iowa State, and Creighton.
While details about McDermott’s endorsement deals or sponsorships are not publicly known, his popularity in the college basketball world hints at possible affiliations with multiple companies and groups.
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His son, Doug McDermott, is a professional NBA player.
McDermott’s commitment to coaching and strategic savvy have not only elevated the teams he has coached, but have also earned him a prominent position among college basketball’s finest coaches, both in terms of reputation and financial rewards.
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