Bobby Knight Net Worth: Bob Knight, whose full name is Robert Montgomery Knight, is an American basketball coach who has retired. He is known for being the head coach of the Indiana Hoosiers from 1971 to 2000 and then of Texas Tech University in 2008.
Bob, who is known as “The General,” has done a good job of planning his retirement by building up a huge bank account and helping the economy during his career. Bob has been married twice and has two children from his first marriage.
The millionaire has not only been able to take care of his family, but he has also helped people in need. Let’s learn everything we can about Knight’s personal life, career, net worth, salary, and awards. Along with this, Steve O Net Worth is also the most googled topic nowadays.
Bobby Knight Early lIfe And Career
Bob Knight was a backup forward for Orrville High School. In 1960, he was on the Ohio State Buckeyes team that won the NCAA Championship. After he graduated from high school in 1962, he stopped playing and began coaching.
He was the junior varsity basketball coach for one year at Cuyahoga Falls High School in Ohio. In that year, he married Nancy Falk, who was his first wife. On April 17, 1963, he got married. But in 1985, they got a divorce.
I don’t always put a lot of weight into the internet estimates of someone’s net worth. They say old timer basketball coach Bobby Knight is worth $15 million but he keeps selling off his championship rings so I’m not sure I’m buying it.
— Science/Medicine 1st – The Ends Justify the Memes (@KnowWhatEyeMeme) September 7, 2021
Even after he and his wife broke up, he kept coaching, and in 1971, Indiana University hired him. The highlight of his career was when Hoosiers went the whole season without losing a game and won the NCAA title in 1976 by beating Michigan 86-68 in the championship game.
But on March 14, 2000, Knight was accused of physical violence after one of his former players, Nei Reed, said that Knight choked him during a practice in 1997. During his 29 years as head coach at Indiana, the Hoosiers won 662 games. They had 22 seasons with more than 20 wins, and Keith Smart’s jump shot with five seconds left in the 1987 NCAA tournament was the game-winner.
Bob was also the coach of the United States Pan American International team, which won a gold medal in Puerto Rico in 1979 and an Olympic gold medal in 1984. Later in 1988, Knight married his second wife, Karen Vieth Edgar, who used to coach high school basketball in Oklahoma.
He coached Texas Tech from 2001 to 2008 after being fired from Hoosiers. Knight’s arrival made it possible for Texas Tech to play its best, which happened in 2006 and 2007, when they beat two Top 10-ranked teams in a row.
Knight stepped down as head basketball coach at Texas Tech on February 4, 2005, and his son from a previous marriage, Pat Knight, surprised everyone by taking his place. His other son Tim, on the other hand, is still a secret.
He is still full of surprises, as he was known for his temper and threw a chair during a basketball game when he was the coach of the Hoosiers.
In 2008, he went back to work for ESPN as a studio analyst and sometimes as a color commentator. But ESPN didn’t renew its contract with him on April 2, 2015, so he seems to be a free agent and is giving his money to charity.
Knight Personal Life
Knight married Nancy Falk in 1963. Before they split up in 1985, they had two sons named Tim and Pat. In 1988, Knight married Karen Edgar, who had been his high school basketball coach. In 2019, it was said that he was sick, which was backed up by the fact that he had trouble remembering things when he went public.
Knight has given money to the schools he has worked for in the past because he thinks education is very important. He gave money to Indiana University to fund two chairs and raised about $5 million for the school’s library system.
Knight also gave money to the library at Texas Tech. Among other things, he helped Donald Trump’s 2016 campaign for president.
Pay And Contract At Texas Tech
Bobby Knight signed a five-year, $4.5 million deal when he joined Texas Tech in 2001. On average, that’s $900,000 per year, but it was broken up into $250,000 in base salary, $150,000 in income that was put off, and $500,000 in “guaranteed outside income.”
In March 2002, it came out that Bobby gave back his base salary of $250,000 for the previous season. At the time, he told a newspaper: Besides this, Have you heard about Julia Michaels Net Worth?
What Is Bobby Knight Net Worth And Real Estate?
Bobby Knight is a former basketball coach in the United States who is now retired and has a net worth of $8 million. The most famous thing about Bobby Knight is that he coached the Indiana Hoosiers for almost 30 years, from 1971 to 2000.
During his time as coach, the Hoosiers won three NCAA titles and 11 Big Ten Conference titles. They also had two seasons in which they didn’t lose a game. Knight also coached for the Army and Texas Tech. At the 1984 Summer Olympics, he led the US men’s basketball team to a gold medal.
Bobby won 902 games in Division I of the NCAA. That’s the most of any retired coach and third most among coaches who are still working. Even though he was known for being a good coach, his short temper and often abusive behavior got him into trouble.
During a game, he was known for throwing a chair across the court. After Bobby retired, he worked part-time from 2008 to 2015 as a commentator for ESPN. He has also written several books. Bobby and Karen spent $572,000 on a brand-new, 5,000-square-foot home in Bloomington, Indiana, in July 2019.
The house is just a few minutes from the university. They also have a small house in Lubbock, Texas. Apart from this, Are you interested to read about Cherry Valentine Cause Of Death?
Conclusion
A former basketball coach in the United States, Bobby Knight is now retired with an estimated $8 million in assets. Bobby Knight is most known for his nearly 30-year stint as coach of the Indiana Hoosiers (from 1971 to 2000).
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