Duke basketball coach Mike Krzyzewski did well for himself in 2011.
According to the Universitys recently released federal tax return, Krzyzewski made just under $9.7 million in total compensation during 2011, the most recent year for which data is available. Thats $6.9 million more than the next highest paid person at the University, Victor J. Dzau, the head of Dukes health affairs and medical center.
USA Today first reported Krzyzewskis compensation, and its the highest payment to a football or mens basketball coach since the school began tracking figures in 2006. When contacted by the News & Observer, University spokesman Michael Schoenfeld provided the schools form 990, which is used by tax-exempt organizations to report financial information to the Internal Revenue Service.
When asked about Krzyzewskis pay, Schoenfeld reiterated the statement he gave to USA Today.
"By any measure, Coach K is one of the greatest, if not the greatest, college coach of all-time, he said. This takes into account his 33 years of service at Duke, his unparalleled success as a head coach - in 2011 he became the winningest (NCAA Division I) head coach of all-time - his commitment to the academic achievement of the student-athletes and to Duke University."
Krzyzewskis total income came from several sources. His base salary was $1,978,401, and he earned $5,642,574 in bonus and incentive compensation. There was also $59,616 for other reportable compensation (such as charter travel for companions) and $19,344 from non-taxable benefits.
Krzyzewski also earned $1,982,097 in retirement and other deferred compensation, which will be paid out at a later date. That figure, and those above, total $9,682,032.
Krzyzewski also received $775,000 of previously deferred compensation from a previous, unspecified year.
His $9.7 million total from 2011 is significantly more than what N.C. State paid its athletic director (Debbie Yow), mens basketball coach (Mark Gottfried) and football coach (Tom OBrien) in that year combined. The three made a total of $3.6 million $1,877,950 to OBrien, $1,262,500 for Gottfried and $454,200 for Yow.
UNC basketball coach Roy Williams made approximately $1.7 million in 2011.
Krzyzewskis compensation is also significantly more than that of Duke athletic director Kevin White ($934,015) and football coach David Cutcliffe ($1,787,952).
Krzyzewski is the winningest coach in Division I mens basketball history, with a 957-297 record and four national championships in 38 years. In his 33 years at Duke, he is 884-238 (.788). No one has more NCAA Tournament victories (82), and Duke has been ranked in the top 10 since Nov. 26, 2007, a span of 113 weeks.
Krzyzewski is also a member of the Naismith Memorial Basketball Hall of Fame and was Sports Illustrateds Sportsman of the Year in 2011, sharing the cover with former Tennessee womens basketball coach Pat Summit. He led Team USA to gold medals in the 2008 and 2012 Olympics.
He is also the founder of the Emily K Center, a non-profit center in Durham that helps academically focused students from low-income backgrounds achieve in school and gain entry into college. Duke gave the Center $215,033 in 2011 for general support.
It is hard to compare salaries across public and private schools due to differences in accounting and reporting requirements (coaches employed by public schools have publicly available contracts--private schools are not required to disclose that information). USA Today reported Kentucky head coach John Calipari earned $5,387,978 during the 2011-12 basketball season. During that same period, they list Krzyzewskis earnings as $4,699,570, and its unclear how they arrived at that figure.
According to Forbes magazine, former Lakers coach Phil Jackson made $12 million annually at his peak with the Lakers. The Boston Celtics coach, Doc Rivers, was the highest paid NBA coach in 2011-12 at $7 million, according to Forbes.
Joe Giglio and Andrew Carter contributed reporting
Keeley 919-829-4556; @laurakeeley