Bob Knight, a talented former American basketball coach, was one of the most original, creative, and successful coaches in collegiate basketball history. He amassed enormous fame and fortune throughout the course of his career. Bob Knight’s net worth is currently projected to be $15 million, attributable to his illustrious career in collegiate basketball.
Bob Knight was born in Massillon, Ohio, on October 25, 1940, to Pat Knight and Hazel Night. He was a basketball star since high school, and he was a reserve forward on the NCAA Championship-winning Ohio State Buckeyes team. Karen Vieth Edgar, Bob Knight’s wife, has been with him since 1988, and the couple has two kids, Pat Knight and Tim Knight, from Knight’s former marriage to Nancy Falk.
What is the Net Worth and Sources of Income of Bob Knight?
When it comes to amazing coaches, Bob Knight is a prodigy. Every squad he’s ever coached has been tough, clever, disciplined, tenacious, and dedicated, just like him.
Throughout his career, Bob has ascended to seemingly unimaginable heights, resulting in enormous fame and money. Bob Knight’s net worth is projected to be $15 million, thanks to his outstanding coaching and lucrative profession as a studio analyst, as previously stated.
Income from Coaching
Bob Knight was without a doubt one of the greatest coaches of all time. His overall coaching record is 902-371, and he has the third-highest number of wins in NCAA Division I men’s college basketball games (902) after Mike Krzyzewski and Jim Boeheim. He is also the youngest coach to reach the milestones of 200, 300, and 400 wins.
The only coach to win the NCAA, the NIT, a Pan American Games Gold Medal, and an Olympic Gold Medal is a pure talent and a master coach. Bob Knight’s net worth is likely to have increased significantly as a result of his time coaching the US army, working as the head coach for Indiana University, Texas Tech, and eventually ascending the ladder to worldwide training.
In March of 2001, Bob’s annual income was $400,000. So, after all these years and all that expertise, one can only image the raise in Bob Knight’s compensation.
Income from Acting
Bob Knight has earned money from the acting department in addition to being a highly skilled coach. He has acted in or starred in a large number of films and television shows. He made his film debut in the film Blue Chips, opposite Shaquille O’Neal and Nick Nolte, and he made a lot of money.
Later, he was featured in A Season on the Brink, ESPN’s first feature-length film. In addition, he appeared in a Guitar Hero: Metallica television advertisement. Bob Knight decided to develop three instructional coaching DVD collections because his income from this exciting venture was growing rapidly.
Career and Family
Bob Knight, a reserve forward for Orrville High School, was a member of the 1960 Ohio State Buckeyes team that won the NCAA Championship. He retired from playing and began teaching after graduating in 1962.
For one year, he coached junior varsity basketball at Cuyahoga Falls High School in Ohio. It was the year that he married Nancy Falk, his first wife. On April 17, 1963, he married. However, in 1985, they divorced.
He continued to coach following his divorce and was hired by Indiana University in 1971. His most notable achievement came in the highlights reel after the Indiana Hoosiers were undefeated for the whole season and won the NCAA Championship in 1976, defeating Michigan 86-68 in the title game.
However, on March 14, 2000, he was charged with assault when former player Nei Reed claimed Knight choked him during a 1997 practice. During his 29 years as Indiana’s head coach, the Hoosiers won 662 games, including 22 seasons with more than 20 wins, including the 1987 NCAA tournament, which was won by Keith Smart with five seconds remaining on a game-winning jump jumper.
Donations to charity
Bob Knight has attained the pinnacle of success in terms of reputation, fortune, and expertise, but it doesn’t negate his generous and charitable nature. He also helped the Indiana University library system raise approximately $5 million.
Later, when he arrived to Texas Tech, he donated $10,000 to the library, and the fund was given the name Coach Knight Library Fund in honor of Bobby Knight. Later, the figures jumped to $300,000.
In addition, Bob Knight paid $600,000 for a home at 1519 S. Andrew Circle in Bloomington in 2019. As a result, we can assume Bob’s salary and earnings provide him with a nice lifestyle.
Despite the fact that the excellent coach has retired, it’s no secret that the enterprise was a huge success for him, and his ability to teach quality principles in his players will serve as a model for many future coaches.
Quick Facts
Full Name | Bob Knight |
Net Worth | $15 Million |
Date Of Birth | October 25, 1940 |
Place Of Birth | Massillon, Ohio, United States |
Height | 1.96 m |
Profession | Basketball coach |
Education | Ohio State University |
Nationality | American |
Spouse | Karen Vieth Edgar (m. 1988), Nancy Falk (m. 1963–1985) |
Children | Pat Knight, Tim Knight |
Parents | Pat Knight, Hazel Knight |