How Much Does Mike Budenholzer Make in a Year?
How Much Does Mike Budenholzer Make in a Year?
By Edcel Panganiban May 14, 2024 05:03
Mike Budenholzer, the former head coach of the Milwaukee Bucks, has recently made headlines with his new coaching contract with the Phoenix Suns. The substantial financial terms of this five-year deal have sparked a great deal of interest and speculation.
Mike Budenholzer's Contract with the Phoenix Suns
According to, Mike Budenholzer and the Phoenix Suns have agreed to terms on a massive five-year contract worth over $50 million.
This substantial deal, reported by The Athletic's Shams Charania, has certainly made waves in the world of sports.
The significant financial investment by the Suns reflects their confidence in Budenholzer's coaching abilities and the potential impact he can have on the team's performance.
Comparison with Other NBA Coaches
Budenholzer's reported earnings from the Suns' contract position him among the top-paid coaches in the NBA. The article from mentions that this deal would make him the fifth-highest paid coach by average annual value in the league.
This information gives us valuable context about the magnitude of Budenholzer's new contract and its place in the landscape of NBA coaching salaries.
Other Notable Coaching Contracts
- The article from also provides insights into the earnings of other prominent NBA coaches. It mentions that Warriors head coach Steve Kerr agreed to a two-year, $35 million contract extension, and the San Antonio Spurs' Gregg Popovich signed a five-year deal worth more than $80 million last summer. Furthermore, former Suns head coach Monty Williams secured a six-year, $78.5 million deal with the Detroit Pistons after his tenure with the Phoenix Suns.
Previous Coaching Pursuits and Salary Expectations
Before joining the Phoenix Suns, Budenholzer was reportedly considered for the head coaching position with the Brooklyn Nets. The article from discusses how Budenholzer's contract demands were a topic of discussion during the Nets' coaching search.
It's mentioned that his contract demands were reportedly high, with figures ranging from more than $8 million annually to less than $15 million annually.
While these figures are not directly related to his contract with the Phoenix Suns, they provide valuable insights into Budenholzer's salary expectations and the financial considerations involved in securing his coaching services.
Budenholzer's Coaching Pedigree and Arizona Roots
Apart from the financial aspect, it's important to note the significance of Budenholzer's Arizona roots and his coaching pedigree.
His successful coaching stints with the Milwaukee Bucks and the Atlanta Hawks, as well as his championship pedigree, have likely contributed to the substantial financial investment made by the Suns in securing his services.
On the whole, Budenholzer's reported contract with the Phoenix Suns reflects a significant financial commitment from the team and places him among the top-paid coaches in the NBA.
The reported figures from his previous coaching pursuits, along with comparisons to other notable coaching contracts, provide valuable context for understanding the magnitude of his earnings.
As Budenholzer embarks on this new chapter with the Phoenix Suns, his substantial contract underscores the high stakes and financial considerations involved in securing top coaching talent in the NBA.
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