Duke men’s basketball coach Mike Krzyzewski was credited with just over $7 million in total compensation for the 2018 calendar year, the university’s new federal tax return shows.
The amount includes more than $1.2 million that had been reported as deferred pay on prior years’ returns, meaning his net compensation for the year was about $5.8 million. That’s about $200,000 less than his net for 2017.
In 2018, Krzyzewski’s base pay rose by $200,000 for a second consecutive year, moving that amount to nearly $3.1 million.
But the amount reported as retirement or other deferred compensation fell by a little more than $400,000 to just less than $900,000.
Krzyzewski received $2.985 million in what the university reported as bonus pay in both 2017 and 2018.
As a private school, Duke is not required to make its employment contracts public. The new document – which Duke provided Thursday in response to a request from USA TODAY Sports – provides no details about the period over which Krzyzewski accrued the previously reported deferred compensation and in what amounts.
Krzyzewski’s net compensation for 2018 likely would have made him second to Kentucky’s John Calipari among college basketball coaches in terms of recurring annual pay from their schools for the 2017-18 season, according to figures compiled by USA TODAY Sports. Calipari made $7.45 million from Kentucky that season; he reported just under $545,000 in additional athletically related outside income.