Tony Bennett, best known for his revolutionary leadership of the Virginia Cavaliers men’s basketball team, has had an unforgettable effect on college basketball.
His tenure, which culminated in a national title in 2019 and ended abruptly ahead of the 2024 campaign, highlighted his dedication to success both on and off the court.
Tony Bennett’s Salary & Contract in 2025
Bennett’s contract with the University of Virginia was extended in June 2024 until the 2030 season, with automatic renewals conditioned on tenure.
His annual salary was around $4.8 million, putting him among the top earners in college basketball.
Notably, Bennett denied the salary rise in 2019, instead allocating the cash to staff salaries and program enhancements, demonstrating his humble commitment to the team’s success.
According to his contract, his base compensation is $525K. His performance incentives totaled $1.175 million, together with his supplemental income of $2.5 million and longevity bonus of $1 million.
Tony Bennett’s Net Worth
Bennett was estimated to have a net worth of $11 million in 2024. This fortune is mostly derived from his coaching career, bolstered by performance bonuses and incentives tied to team success.
Despite the potential for personal financial benefit, Bennett always emphasized the well-being of his staff and players, demonstrating his dedication to building a supportive and successful basketball program.
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Bennett’s legacy in Virginia basketball extends beyond wins and championships; it is defined by his leadership, selflessness, and dedication to team success.
With an expensive contract and a net worth that reflects his accomplishments, he remains one of college basketball’s most regarded coaches. Bennett’s commitment to his program distinguishes him both on the court and in financial matters.
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