SBD/May 16, 2013/People and Pop Culture

Tax Records Show Mike Krzyzewski's '11 Compensation At Nearly $10M

Duke Univ. basketball coach MIKE KRZYZEWSKI was "credited with nearly" $9.7M in compensation during the '11 calendar year, the "greatest single-year compensation total for a college coach" since '06, according to Steve Berkowitz of USA TODAY. A federal tax return shows that Krzyzewski received $1,978,401 in base pay, $5,642,574 in bonus and incentive compensation and $1,982,097 in retirement and other deferred compensation. He received $59,616 in "other reportable compensation such as family travel" and $19,344 in non-taxable benefits. Of Krzyzewski's $9,682,032 total '11 income, $775,000 was "reported as deferred compensation on a prior year's tax return or returns" (USA TODAY, 5/16). In Raleigh, Laura Keeley notes Krzyzewski's $9.7M compensation in '11 is "significantly more" than the $3.6M combined '11 pay of N.C. State Univ. AD DEBBIE YOW, basketball coach MARK GOTTFRIED and TOM O'BRIEN, the football coach at the time. Univ. of North Carolina basketball coach ROY WILLIAMS "made approximately" $1.7M in '11. Keeley writes it is "hard to compare salaries across public and private schools due to differences in accounting and reporting requirements" (Raleigh NEWS & OBSERVER, 5/16).
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