Mike Budenholzer

Mike Budenholzer is an Arizona-based professional basketball coach. For eighteen seasons, he was the head coach of the San Antonio Spurs.

He began his career with the team as a video coordinator for the first two seasons, then as an assistant coach for the following sixteen seasons under head coach Gregg Popovich. Mike is well known for being the former head coach of the National Basketball Association’s Atlanta Hawks (NBA).

What is the Net Worth of Mike Budenholzer?

Mike Budenholzer has a net worth of $3 million, as previously stated. His income is largely derived from his work as a basketball coach for a number of National Basketball Association (NBA) teams.

Income From Early Career

From 1989 through 1993, Mike Budenholzer was a member of the basketball and golf teams at Pomona College. Mike joined the Vejle Basketball Klub, a Danish professional basketball team, after graduation and spent the 1993-94 season in Denmark.

Mike Budenholzer Coach.
Mike played for the Danish professional Basketball Club, Vejile Basketball Klub. (Source: Social Media)

Budenholzer served as the head coach of the club’s development system during his time as a professional player in Denmark. He coached two Vejle Basketball Klub young teams and was a huge success as both a head coach and a player for the Danish squad. Mike Budenholzer’s net worth was substantially influenced by his salary during his time with the team due to his dual job.

Income From NBA

Mike was employed as a video coordinator by the NBA team San Antonio Spurs during the 1994-95 season after spending a year in Denmark. After two years in the post, he was promoted to Gregg Popovich’s assistant coach. In 1999, 2003, 2005, and 2007, he was a member of the coaching staff as the Spurs won four championships.

Mike left the Spurs during the 2013 NBA Playoffs to take over as the new head coach of the Atlanta Hawks. He reportedly agreed to a $6 million three-year contract. Budenholzer was paid $2 million per year as the Hawks’ head coach.

In June 2015, the legendary coach was appointed to president of basketball operations after a few successful seasons. He stayed with the Hawks as their coach and even signed a contract extension in 2016. Budenholzer, on the other hand, left the Hawks two years later, despite having two years and $13 million left on his resigned contract.

Mike was scheduled to be paid the remainder of his contract by the Atlanta Hawks, but he was hired by the Milwaukee Bucks in May 2018, and the two teams shared the $13 million remaining on his prior contract. Budenholzer agreed to a four-year contract with an undisclosed value.

Over the years, the legendary NBA coach has aided in the development of the Milwaukee Bucks into a championship contender.

Early Life

Michael Vincent Budenholzer is Budenholzer’s given name. He was born on August 6, 1969, in Holbrook, Arizona, a small town in northeastern Arizona. Vince, his father, was a coach and teacher at Holbrook High School and is one of the town’s most well-known figures. Libby is his mother’s name.

During his infancy and teens, he attended Holbrook High. Mikey’s success in basketball is credited to his father, who inspired and taught him how to play basketball while also keeping him motivated.

Education

Mike Budenholzer attended Holbrook High School and went on to Pomona College in Clairemont, California after graduating. Throughout his collegiate years, he continued to play basketball and golf.

He earned a bachelor’s degree in philosophy, politics, and economics from Pomona College.

Mike Budenholzer’s Career and Profession

Mike began playing professionally for Vejle Basketball Klub in Denmark shortly after graduation. For two of the clubs, he was also the head coach of the club’s youth system. Mike was employed as a video coordinator for the NBA team San Antonio Spurs in the 1994-95 season.

Mike Budenholzer Net Worth - Income And Salary As An NBA Coach
Mike Budenholzer’s net worth of $3 million includes his salary as the head coach for the Milwaukee Bucks. Image Source: Social Media.

He worked as a video coordinator for two years before becoming an assistant coach for the same squad under Gregg Popovich. The Spurs have won four NBA championships during his time with the team.

Body Measurement

Mike Budenholzer’s hair is light brown in tone. His eyes are blue in tone. Other details concerning his body dimensions, such as height, weight, and so on, are unknown.

Social media

Mike Budenholzer is not a big lover of social media and prefers to stay away from it.

Assets And Lifestyle

Mike Budenholzer, like many other basketball coaches, has amassed a wealth and now lives a luxury lifestyle. He originally resided in Atlanta and now resides in Michigan, where he has made real estate investments. In 2016, he paid $2.1 million for a home in Atlanta. The Morningside mansion was then placed up for sale for $2.4 million in 2019.

Mike spent $3.15 million buying a home in Fox Point, Wisconsin, after joining the Milwaukee Bucks. The four-bedroom, five-bathroom property was listed for $3.75 million on realtor.com in July 2020. Although it is unknown whether the American coach has sold the house, the price tag indicates that Budenholzer leads a wealthy lifestyle.

Trivia

  • Michael Vincent Budenholzer was born in Holbrook, Arizona, on December 29, 1964.
  • Mike is the youngest of seven children of Libby Budenholzer and Vince Budenholzer. His father was also a basketball coach.
  • Mike has four children, William Vincent BudenholzerSavoia Elizabeth BudenholzerJohn Bent Budenholzer, and Hanna Louise Budenholzer, from his marriage with Mary Beth Budenholzer.
  • In 2013, Mike was arrested for suspicion of driving under the influence in Atlanta. However, he was found not guilty of the charge in June 2016.

Quick Facts

Age: 52 years 4 months
Birth Date: August 06, 1969
Horoscope (Sunshine): Leo
Full Name: Mike Budenholzer
Birth Place: Holbrook, Arizona, USA
Net Worth: $3 million
Salary: $2 million/year
Ethnicity: German
Nationality: American
Profession: Video Coordinator, Assistant Coach, Head Coach at the NBA
Father’s Name: Vince Budenholzer
Mother’s Name: Libby Budenholzer
Education: Graduate
Hair Color: Light Brown
Eye Color: Blue
Lucky Number: 5
Lucky Stone: Ruby
Lucky Color: Gold
Best Match for Marriage: Sagittarius, Gemini, Aries
Last Update: December, 2021