Kirby Smart, the head coach of the Georgia Bulldogs, has been an integral part of the organization since his appointment in 2015. Under his astute leadership, the program has witnessed a remarkable turnaround, culminating in back-to-back National Championship titles in 2021 and 2022.
Recognizing Smart’s exceptional contributions, the Bulldogs recently extended his initial contract. Let’s delve into the details of Kirby’s new deal and explore his updated net worth.
Summary
Name | Kirby Paul Smart |
Net Worth | $35 million (as of 2024) |
Contract | 10-year, $115 million |
Annual Salary | Approximately $10 million |
Occupation | Head Coach |
Endorsements | Nike and others |
Contents
Kirby Smart’s Net Worth In 2024
According to sources, Kirby Smart’s net worth is estimated to be around $35 million as of 2024. Following his recent contract extension in July 2022, which secured him a lucrative 10-year, $115 million deal, his net worth is poised to witness a significant increase in the coming years.
Smart’s consistent success in bringing results and championships to the organization has solidified his position among the top coaches in college football. There is no doubt that he has the potential to become the highest-paid college football head coach in the near future.
How Much Does Kirby Smart Make In a Year?
Last year, Kirby earned a salary of $10.5 million. In 2024, his salary increased to $10.75 million. Here’s a breakdown of Kirby’s annual salary over the next couple of years, as outlined in his new contract:
Year | Salary |
2022 | $10.25 million |
2023 | $10.5 million |
2024 | $10.75 million |
2025 | $11.0 million |
2026 | $11.25 million |
2027 | $11.25 million |
2028 | $11.50 million |
2029 | $11.75 million |
2030 | $12.0 million |
2031 | $12.25 million |
While the table above outlines Kirby Smart’s base salary, it’s important to note that his total annual earnings likely exceed these amounts. Coaches often receive additional compensation through performance-based incentives, bonuses, endorsements, public appearances, and other sources.
Beyond his substantial base salary, Kirby Smart generates income from various sources, including:
- Media Compensation: Smart earns an additional $6.4 million in media pay annually for news conference appearances, regular radio shows, and television appearances.
- Endorsement Deals: Smart has secured lucrative endorsement deals, including apparel and equipment partnerships with Nike, which pay him a hefty $3.5 million per year.
- Performance-Based Bonuses: Smart’s contract stipulates various performance-based bonuses and incentives. These include a $300,000 bonus for winning the SEC championship, $500,000 for making the College Football Playoff, and an additional $1 million bonus for securing the National Championship.
- Additional Sources of Income: Aside from his salary and endorsements, Smart also generates income from speaking engagements, book deals, and investments in real estate, stocks, and other assets.
These diverse income streams contribute significantly to Kirby Smart’s overall wealth, solidifying his position as one of the highest-paid college football coaches in the country.
Additional Details about Kirby Smart’s Contract
Kirby Smart’s contract includes provisions that protect his financial interests in the event of termination. If Georgia terminates Smart’s contract before the end of the 2026 season, he will still receive the full remaining amount of the contract. However, if the Bulldogs fire Smart before or after the 2027 season, he will be owed 85 percent of his remaining contract.
In addition to his base salary and various incentives, Smart’s contract also includes perks such as 50 hours of private jet time per year. The contract also allows him to carry over up to 10 unused hours of private jet time to the following year.
These provisions demonstrate the Bulldogs’ commitment to retaining Smart as their head coach and acknowledge his significant contributions to the program’s success.
Kirby Smart’s Coaching Career Achievements
Kirby Smart is a highly accomplished coach in the history of college football, with an impressive list of accolades to his name. Here’s a glimpse into his remarkable coaching career:
- National Championship victories: Smart led the Georgia Bulldogs to back-to-back National Championships in 2021 and 2022, cementing his position among the elite coaches in the sport.
- SEC East Division dominance: Under Smart’s guidance, the Bulldogs have captured four SEC East Division titles in five years (2017-2019, 2021-2023).
- SEC Championship triumphs: Smart has guided Georgia to two SEC championships, in 2017 and 2022, further demonstrating his ability to elevate his team to the highest level of competition.
- Individual accolades: Smart’s exceptional coaching prowess has been recognized with prestigious awards, including the Broyles Award in 2009, given to the nation’s top assistant coach, and the AFCA FBS Assistant Coach of the Year award in 2012.
Conclusion
Kirby Smart is undeniably one of the highest-paid college football coaches in the nation, and his remarkable track record suggests that he has the potential to become the wealthiest in history. If Kirby can keep the culture he has created at the Bulldogs like recruiting top talents, a strong emphasis on accountability, and player development training, he will continue to ascend to new heights in the coaching world. We are sure he is more determined than ever, and we pray for his health and success.