New Indiana Hoosiers coach Archie Miller will make a hefty $24 million under his seven-year deal – and possibly even more through bonuses.
Miller accepted the IU head coaching position back in March (becoming the 29th head coach in the history of the Indiana Hoosiers men’s basketball team), but the athletic department didn’t make the details of his contract public until Tuesday.
He will earn a base salary of $550,000 annually and $1 million in deferred income each season. Miller will also see an additional $1.85 million in outside marketing and promotional income. Each year through March 2024 he will receive a $50,000 raise as well.
Miller can earn an additional $250,000 bonus for winning a national championship. He can earn $125,000 for a Big Ten regular-season title, raching the Final Four and producing multiyear Academic Progress Rate scores over 950.
Here are the top 10 highest paid coaches in the NCCAB.
1. Rick Pitino, Louisville: $7.76 million
2. John Calipari, Kentucky: $7.43 million
3. Mike Kryzyzewski, Duke: $5.55 million
4. Bill Self, Kansas: $4.93 million
5. Tom Izzo, Michigan State: $4.25 million
6. Bob Huggins, West Virginia: $3.59 million
7. John Beilein, Michigan: $$3.37 million
8. Gregg Marshall, Wichita State: $3.03 million
9. Scott Drew, Baylor: $2.81 million
10. Buzz Williams, Virginia Tech: $2.65 million
Ryan Joseph “Archie” Miller was the head coach at Dayton before accepting the IU position. During his time at Dayton, Miller put together an overall record of 129-63 (.688) while going 5-4 in the NCAA tournament and -1 in the NIT tournament. In 2017, he was named the Atlantic 10 Coach of the Year.