Tom Izzo Net Worth

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Thomas Michael Izzo was born on the 30th January 1955, in the Iron Mountain, Michigan USA, and is a college basketball head coach, best known as the head coach of Michigan State University men`s basketball team since 1995, leading Michigan to tremendous success with his own record of 524 wins and 205 losses. His career has been active since 1977.

Have you ever wondered how rich Tom Izzo is, as of mid- 2016? According to authoritative sources, it has been estimated that Tom`s net worth is as high as $13 million, an amount he has acquired through his successful career as a college basketball head coach; his current salary is $3 million per year.

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Tom Izzo Net Worth $13 Million

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Tom attended Iron Mountain High School, and after matriculation enrolled at Northern Michigan University in Marquette, where he played basketball in the guard position. During his college career, Tom was selected as a Division II All-American, and also broke the record for most minutes played.

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Following his graduation, Tom decided to pursue a coaching career; in 1977 his first job was at Ishpeming High School as head coach, however, it only lasted for one season, when he joined his alma mater team as assistant coach. He stayed in that position until 1983, acquiring much needed knowledge for his later career. In 1983, he was brought to the Michigan State University as assistant coach, as the head coach at the time, Jud Heathcote, had high opinion of Tom, and after several years, he appointed him as associate head coach, and following his retirement in 1994, he chose Tom to be his heir. Tom’s net worth was already well established.

Tom`s first couple of seasons at Michigan were nothing to brag about, as he had a 9–9 record in both of them, and failed to reach the NCAA Tournament. However, from 1998 things started to go his way, and his team had a 13-3 record at the end of the season. Since then, Tom has managed to maintain this high percentage win-loss ratio, which has certainly established him as coach. Some of his best results with the team are the 15-1 in 1998-1999 season, 15-3 in 2008-2009,. All this success has enabled him to remain the head coach of the Michigan State University, signing new lucrative contracts, which only increased his net worth.

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Although Tom’s team has appeared in a record 19 NCAA Championships, his only NCAA National Championship came in 2000, defeating the University of Florida. Tom and his team have all but dominated basketball courts, winning the Big Ten Tournament five times, in 1999, 2000, 2012, 2014 and 2016, being the leaders of the Big Ten conference in regular season seven times, in 1998, 1999, 2000, 2001, 2009, 2010 and 2012, and also have appeared in seven NCAA Division I Final Four tournaments, in 1999, 2000, 2001, 2005, 2009, 2010, and 2015, both national college records.

Furthermore, Tom has won numerous recognitions on his own, for his success with the team; he has been named the Big Ten Coach of the Year three times, in 1998, 2009 and 2012, and was also twice the NABC Coach of the Year in 2001 and 2012. Tom received the Henry Iba Award in 1998, and was inducted into the Naismith Memorial Basketball Hall of Fame in 2016.

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Regarding his personal life, Tom has been married to Lupe since 1992; the couple has two children together.

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