About Jim Calhoun’s Net Worth

Jim Calhoun’s net worth amounts to
$12 Million

A Brief Overview of Jim Calhoun

James A. Calhoun, a former college basketball coach, was born on the 10th of May, 1942 in Braintree, Massachusetts, USA. Throughout his career, he coached at Northeastern University from 1972 to 1986 and Connecticut from 1986 to 2012. During this period, Calhoun was able to secure three NCAA championships (1999, 2004, and 2011), while maintaining an impressive record of 873–380 (.697). In recognition of his accomplishments, he was inducted into the Basketball Hall of Fame in 2005.

Regarding his net worth, as of mid-2017, Jim Calhoun’s wealth was estimated to be a staggering $12 million. He accumulated this wealth primarily from his successful career as a basketball coach, which spanned from 1965 to 2012. Notably, his annual salary at Connecticut amounted to $1.6 million.

Jim Calhoun’s Early Life and Career

Jim Calhoun spent his formative years in Massachusetts, attending Braintree High School, where he excelled in basketball, baseball, and American Football. Following the untimely death of his father when he was 15, Calhoun assumed the role of the family’s primary provider, working various jobs to support them, such as a granite cutter, scrapyard worker, headstone engraver, gravedigger, and shampoo factory worker.

Calhoun’s journey in basketball began with a scholarship from the American International College in Springfield. He played there until 1968 when he completed his bachelor’s degree in sociology. Post-graduation, he ventured into coaching, starting at Lyme-Old Lyme High School in Old Lyme, Connecticut, and then moving on to Dedham High School. In 1972, Northeastern University recruited him as their new head coach, where he successfully transitioned the team from Division II to Division I in 1979. Calhoun’s tenure at Northeastern continued until 1986, during which time he unearthed several exceptional players, including Reggie Lewis, who went on to become the top pick in the 1987 NBA Draft and later joined the Boston Celtics.