What Is Hubert Davis’s Net Worth?
Hubert Davis, the former NBA player and current head coach of the University of North Carolina (UNC) Tar Heels men’s basketball team, has accumulated a substantial net worth over his career. As of 2025, his net worth is estimated to be $10 million. This wealth is a combination of his earnings from his 12-season NBA career, endorsements, and his current coaching salary at UNC, supplemented by a contract with Nike.
Earnings from NBA Career and Endorsements
During his NBA career from 1992 to 2004, Hubert Davis earned a total of $16.8 million in salaries. His earnings peaked during his final season, 2003-2004, with the Detroit Pistons, where he made just under $3 million. In addition to his NBA salaries, Davis also earned an estimated $1-2 million from endorsements, contributing to his overall financial standing. While specific details of these endorsement deals are not publicly available, such agreements typically involve promoting products or services in exchange for compensation.
Details of UNC Coaching Contract
In April 2021, Hubert Davis was appointed as the head coach of the UNC Tar Heels, succeeding Roy Williams. He signed a 5-year contract with a base salary of $400,000 per year, which is half of what Roy Williams had been earning ($800,000). In addition to the base salary, Davis receives a minimum of $600,000 in supplemental income, which increases by $100,000 each year. This means that in his second year as head coach, his supplemental income rose to $700,000, and this will continue to increase annually. His contract also includes a $50,000 annual expense account and performance-based bonuses with a minimum value of $1.1 million.
Assuming Davis earns around $1.8 million per year from UNC (combining his base salary and guaranteed supplemental income), his compensation positions him around the 60th highest-paid NCAA coach and the second-lowest paid coach in the Atlantic Coast Conference (ACC). As a point of reference, Duke’s former head coach, Mike Krzyzewski, earned just under $10 million in the same season he competed against Davis in the Final Four. Davis also earns $750,000 annually from a separate contract with Nike, further boosting his annual income. This Nike contract likely involves promoting the brand’s apparel and footwear.
Early Life and Education
Hubert Ira Davis Jr. was born on May 17, 1970. During his high school years in Burke, Virginia, Davis showcased his basketball talent, averaging 28 points per game in his senior year. After high school, he attended the University of North Carolina, where he continued his basketball career. Davis holds the UNC record for the highest career three-point percentage. In his junior year, he led UNC to its first Final Four appearance in nearly a decade. He graduated from UNC in 1992 with a degree in Criminal Justice.
NBA Career Details
Hubert Davis was selected by the New York Knicks as the 20th overall pick in the 1992 NBA draft. He played for the Knicks for four seasons before being traded to the Toronto Raptors. After one season in Toronto, he was traded to the Dallas Mavericks, where he spent four seasons before being traded to the Washington Wizards ahead of the 2001-2002 season. Davis concluded his NBA career with two seasons with the Detroit Pistons. His career statistics include playing in 685 regular-season games and averaging 8.6 points per game. His three-point shooting accuracy was a significant asset throughout his career, contributing to his appeal as a valuable role player.
Post-NBA Career as an Analyst and Coach
Soon after retiring from the NBA, Hubert Davis transitioned to a career as a college basketball television analyst for ESPN. He worked at ESPN from 2004 until 2012. In 2012, he left ESPN to become an assistant coach for the UNC Tar Heels under head coach Roy Williams. He served in this role for nine years until being promoted to head coach in 2021.
UNC Head Coach Role and Accomplishments
Hubert Davis was named UNC’s head coach five days after Roy Williams announced his retirement in April 2021. He is the 19th men’s basketball head coach in UNC’s history and the first African American to hold the position. In his first season as head coach, Davis led the Tar Heels to the Final Four in the NCAA Tournament. He is one of a select few individuals who have led UNC to the Final Four as a player (1991), as an assistant coach (2016, 2017), and as a head coach (2022). This accomplishment underscores his deep connection to the program and his coaching capabilities. While specific details about bonuses earned for reaching the Final Four are not publicly available, such achievements typically trigger significant performance-based incentives in coaching contracts.
Personal Life
Hubert Davis is married to Leslie, and they have three children. They are known to be devout Christians. Specific details about their residences and personal investments are not publicly available.
Assets and Investments
While specific details regarding Hubert Davis’s assets and investments are not publicly accessible, it is reasonable to assume that his $10 million net worth is comprised of a combination of assets, including real estate, stocks, bonds, and other investments. The precise allocation of his assets is private. The value of his real estate holdings, potential investment properties, and other financial assets contribute to his overall financial profile. Considering his career earnings and endorsement deals, it is plausible that he has diversified his investments to ensure long-term financial stability.