What Is Bill Self Net Worth’ Net Worth?
As of 2024, Bill Self’s estimated net worth is approximately $30 million. This substantial wealth is primarily attributed to his successful coaching career, marked by consistent achievements and lucrative contract negotiations over the years.
Bill Self’s Salary and Contract Details
Bill Self’s financial standing is significantly influenced by his contract with the University of Kansas. On November 8, 2023, he solidified his commitment to the Jayhawks by signing a five-year extension worth $53 million. This agreement translates to an average base salary of $10.6 million per year. However, with additional incentives and compensation factored in, his annual earnings from the university approach $11 million.
The specifics of his contract include:
- Base Salary: $10.6 million per year.
- Contract Length: A five-year rolling agreement, automatically extended by one year at the end of each season. This effectively functions as a lifetime contract.
- Retention Bonus: If Self remains with the program for the initial five years of the extension, he will receive a one-time bonus of $5 million.
- Performance-Based Bonuses: Self’s contract incorporates various incentives based on team performance:
- $50,000 for each NCAA Tournament appearance.
- $100,000 for reaching the Sweet Sixteen.
- $150,000 for reaching the Final Four.
- $200,000 for winning the National Championship.
- $50,000 for winning the Big 12 regular season title.
- $25,000 for winning the Big 12 Tournament.
- $50,000 if he is named Big 12 Coach of the Year.
- Additional Compensation: His earnings include compensation for professional services such as public appearances and promotional activities, with the first year costing $4.27 million. There’s also $2.43 million for NIL (Name, Image, Likeness) usage to compensate Self for the university’s use of his brand.
Key Milestones and Career Earnings
Self’s coaching journey began at Oral Roberts University in 1993, marking his first head coaching role. He subsequently led Tulsa (1997-2000) and Illinois (2000-2003) before joining the University of Kansas in 2003. A significant milestone occurred on April 2, 2021, when he initially signed a “lifetime” contract with Kansas, featuring a base salary of $5.4 million per season. The amended contract signed on November 7, 2023, further solidified his position and significantly increased his compensation.
Bill Self’s success is not only defined by financial achievements but also by his on-court accomplishments. Since joining Kansas in 2003, Self has led the Jayhawks to:
- Two NCAA National Championships (2008, 2022).
- Four Final Four appearances.
- 16 Big 12 regular-season titles.
He has a winning percentage of 81.8%, the highest in Jayhawks history. As of the end of the 2021-22 season, Self ranked among the top 18 Division I coaches in NCAA history for total wins.
Early Life and Coaching Beginnings
Born on December 27, 1962, in Okmulgee, Oklahoma, Billy Eugene Self Jr. began his journey in basketball early in life. After graduating from high school, Bill attended Oklahoma State University on a full athletic scholarship. He played basketball for four years and graduated in 1985 with a degree in Business. He furthered his education, earning a Master’s degree in athletic administration from Oklahoma State in 1989. His coaching career commenced with a one-season stint as an assistant at the University of Kansas under Larry Brown, setting the stage for his future success.