John Beilein Net Worth & Salary: 5 Facts You Need To Know

John Beilein is the veteran basketball coach who is recently announced as the head coach of the Cleveland Cavaliers. Beilein is famously known as one of the best coaches in college basketball.

Here are some facts about John Beilein including his net worth, salary, career, wife and many more.

1. John Beilein net worth is estimated to be $20 million.

As of 2019, John Beilein net worth is estimated to be $20 million. Beilein has been active in basketball as a coach for more than four decades. During his time at Michigan, he earned an annual salary of $3.8 million making him the third-highest paid coach in Big Ten.

His salary of $3.8 million in Michigan was composed of three parts: his base salary of $400,000, $1.5 million from Michigan’s Supplemental Defined Contribution Retirement Plan and $1.9 million paid in equal monthly installments.

Beilein is now the coach of Cleveland Cavaliers. He agreed to a five-year contract with the Cavaliers but his financial details are not disclosed yet.

2. He started his coaching career in 1978.

Beilein started his career in 1978 coaching Erie Community College and then coached at Nazareth College and Le Moyne College. In 1992, he served as a head coach at Canisius College. In his first two seasons at Canisius, he turned the last place 1991-92 squad into a 1993-94 team that recorded the first undefeated home schedule in the school’s modern era.

In 1997, he then moved to become the coach of Richmond Spiders. He moved on to larger Division I programs at West Virginia University (2002-2007) and Michigan (2007-2019).

3. Beilein has been the head coach at Michigan since 2007.

John Beilein coached at Michigan University since 2007. He led Michigan Wolverines to a 278-150 record and nine NCAA tournament appearances. He led the Wolverines to the NCAA title game in 2018, losing to Villanova, and in 2013, losing to Louisville.

The veteran high school coach will now be leaving for NBA Cleveland Cavaliers with an all-time record of 754-425 and 26-13 record in the NCAA Tournament.

4. He is married to Kathleen Beilein and has four children together.

Kathleen met John in the late 70s. In their first date, he took her to the movies “The Other Side of Midnight”. Their relationship grew stronger and after two years of dating, John decided to propose. They finally got married in 1978.

Kathleen and John’s first child, daughter Seana was born in 1979. Four years later, they welcomed their son Patrick. Patrick is currently the head coach at Le Moyne College. One year later Mark Beilein was born and their youngest son, Andrew was born in 1990.

5. He is now the coach of Cleveland Cavaliers with no NBA experience

On May 13, 2019, he was named the head coach of the Cleveland Cavaliers signing a five-year contract. The Cavaliers parted ways with interim coach Larry Drew after finishing the season 19-63.

After the news broke, Beilein thanked everyone at the Michigan University saying “I want to thank the University of Michigan for what has been a truly special home and remarkable place for my family and I for the last 12 years,” He added “We have achieved great success together and we could not have done it without the incredible support of our administration, coaches, players, staff, students, fans and the entire university community. We shared some of the best moments of my life together and I will always be grateful for that”.

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