Top 10 Highest Paid College Coaches In March Madness (SLIDESHOW)

Multi-million dollar contracts for college coaches are the norm, though only a few end up earning their big money and delivering a national championship.

Heading into the tournament, the average head coach salary of the four No. 1 seeds (Virginia, Villanova, Kansas and Xavier) is around $3 million per year. However, the average head coach salary of the four No. 2 seeds (Cincinnati, North Carolina, Duke and Purdue) is a little more, at around $3.95 million.

Interestingly, the No. 5 seeds (Kentucky, Ohio State, West Virginia and Clemson) have the highest average head coach salary in the tournament, at around $5.15 million per year.

Utah head coach Larry Krystkowiak is the highest paid coach to miss the tournament, earning $3.3 million per year.

In contrast to the millions head coaches at basketball powerhouses make, No. 16 seed Texas Southern head coach Mike Davis earns $250,000.

Click through the slideshow to see the top 10 highest paid college basketball coaches in this year’s NCAA tournament.

Click an image below for larger version.
  • 10. Shaka Smart - $3.1 million (No. 10 seed Texas) - Smart led VCU to a historic Final Four appearance years ago, and will be looking to do the same for the Longhorns this year. Texas tips off their tournament Friday against No. 7 seed Nevada. (Photo by Jamie Squire/Getty Images)
  • 9. Lon Kruger - $3.1 million (No. 10 seed Oklahoma) - Kruger led Oklahoma to a Final Four appearance in 2016, the second of his career. Oklahoma starts their tournament against No. 7 seed Rhode Island on Thursday. (Photo by Ed Zurga/Getty Images)
  • 8. John Beilein - $3.3 million (No. 3 seed Michigan) - Coming off winning the Big Ten Championship, Beilein will be looking to extend the Wolverines' nine-game winning streak against No. 14 seed Montana on Thursday. (Photo by Streeter Lecka/Getty Images)
  • 7. Bob Huggins - $3.7 million (No. 5 seed West Virginia) - Huggins will be looking to get past the Sweet Sixteen, having fallen in that round two of the past three years. The Mountaineers play No. 12 seed Murray State on Friday. (Photo by Chris Covatta/Getty Images)
  • 6. Sean Miller - $4 million (No. 4 Arizona) - Miller missed one game earlier this season because of an ESPN story accusing him of involvement in a $100,000 bribe. Arizona went 27-7 on the year, and start their tournament against No. 13 seed Buffalo on Thursday. (Photo by Christian Petersen/Getty Images)
  • 5. Tom Izzo - $4.3 million (No. 3 Michigan State) - Izzo has seven Final Four appearances since 1999, including one national championship in 2000. 18 years later, Izzo is still looking for his second national title, with the Spartans tipping-off their tournament against No. 14 seed Bucknell on Friday. (Photo by Rey Del Rio/Getty Images)
  • 4. Bill Self - $4.9 million (No. 1 seed Kansas) - Self led the Jayhawks to the national title in 2008 and 14 consecutive Big 12 regular season titles. The Jayhawks tip off their tournament against No. seed 16 Pennsylvania on Thursday. (Photo by Ed Zurga/Getty Images)
  • 3. Chris Holtmann - $7.1 million (No. 5 seed Ohio State) - Holtmann is one of the three coaches in college basketball earning $7+ million. The first-year coach at Ohio State led the Buckeyes to a 24-8 record on the year. Ohio State will open their tournament against No. 12 South Dakota State on Thursday. (Photo by Kirk Irwin/Getty Images)
  • 2. John Calipari - $7.9 million (No. 5 seed Kentucky) - Calipari has reached the Final Four four times since 2011, including a national title in 2012. Kentucky start their tournament against No. 12 seed Davidson on Thursday. (Photo by Andy Lyons/Getty Images)
  • 1. Mike Krzyzewski - $8.9 million (No. 2 seed Duke) - Coach K is the highest paid collegiate basketball coach, earning close to $9 million per year. His Duke Blue Devils start the tournament on Thursday against No. 15 seed Iona. (Photo by Streeter Lecka/Getty Images)