James A. Calhoun was born on the 10th May 1942, in Braintree, Massachusetts USA, and is a former college basketball coach, who coached Northeastern University from 1972 to 1986 and Connecticut from 1986 to 2012, winning three NCAA championships (1999, 2004, and 2011), and setting an 873–380 (.697) record. He was inducted into the Basketball Hall of Fame in 2005.
Have you ever wondered how rich Jim Calhoun is as of mid-2017? According to authoritative sources, Calhoun’s net worth is as high as $12 million, an amount earned through his successful career as a basketball coach, which started in 1965 and ended in 2012. Calhoun’s annual salary at Connecticut was $1.6 million.
Jim Calhoun Net Worth $12 Million
Jim Calhoun grew up in Massachusetts where he went to Braintree High School, and starred in basketball, baseball and American Football. His father died when Jim was 15, so he became the head of the family and worked numerous jobs to support them, including as a granite cutter, scrapyard worker, headstone engraver, gravedigger, and shampoo factory worker.
Calhoun received a basketball scholarship from the American International College in Springfield, and played there until 1968 when he earned his bachelor’s degree in sociology. Soon after his graduation, Jim became the head coach at Lyme-Old Lyme High School in Old Lyme, Connecticut, and then worked with the Dedham High School. In 1972, Northeastern University approached him and Calhoun became their new head coach, and he managed to take them from the Division II to Division I in 1979. Jim stayed at Northeastern until 1986, and discovered plenty of excellent players, including Reggie Lewis who was the top pick in the 1987 NBA Draft and later played for the Boston Celtics.
In May 1986, Calhoun got a job as the new head coach at the Connecticut University, and immediately won the America East Coach of the Year Award that season. He won the Big East Tournament Championships on six occasions (1990, 1996, 1998, 1999, 2002, 2004, and 2011) and was the Big East Coach of the Year in 1990, 1994, 1996, and 1998. In 1999, Calhoun and the Huskies won the NCAA Tournament after defeating Duke in the finals, when Rickard “Rip” Hamilton led them to a 77-74 victory. Jim won his second NCAA title in 2004 when beating Duke by one point margin in the semifinals, and then defeating Georgia Tech Yellow Jackets, 82-73. Ben Gordon and Emeka Okafor were the best players in his team, and they made it to the NBA following year.
In 2009, Calhoun signed a new, five-year deal with Connecticut, worth $16 million, while in 2011 he won his third NCAA Tournament, defeating the Butler Bulldogs 53–41, thanks to Kemba Walker’s 16 points, at the age of 68 Jim becoming the oldest coach to win the NCAA title.
After health complications, Calhoun decided to retire in September 2012, after 40 seasons as a college basketball head coach. Jim coached numerous future NBA stars including Reggie Lewis, Cliff Robinson, Ray Allen, Rip Hamilton, Caron Butler, Emeka Okafor, Ben Gordon, Rudy Gay, Kemba Walker, and Andre Drummond.
Regarding his personal life, Jim Calhoun has been married to Pat since 1967 and has two sons with her and six grandchildren. They currently reside in Pomfret, Connecticut, but also own a house on Long Island Sound in Madison, Connecticut. Calhoun was diagnosed with prostate cancer in 2003, but managed to beat the malicious disease. In 2008, he underwent treatment to cure squamous cell carcinoma, while in June 2009, he fell off his bike and broke five ribs.
Calhoun and his wife Pat are well-known philanthropists, having founded the Pat and Jim Calhoun Cardiology Center at UConn, and also the Jim Calhoun Holiday Food Drive, raising millions of dollars for charity.
