Former head coach of the University of Connecticut’s men’s basketball team, Jim Calhoun has an estimated net worth of $8 million and an annual salary of $1.6 million. Born James A. Calhoun on May 10, 1942 in Braintree, Massachusetts, he is a self-described Irish Catholic. He was a standout on the basketball, football, and baseball teams at Braintree High School. He received a basketball scholarship to Lowell State, now UMass Lowell, but only attended school for three months. He returned home to help his family. After 20 months, he returned to college and received a basketball scholarship from American International College in Springfield, Massachusetts where he earned a bachelor's degree in sociology in 1968.

Calhoun began his coaching career at Lyme-Old Lyme High School and later moved to Westport High School in Massachusetts. After one season, he moved to Dedham High school and helped them to win the Massachusetts High School Bay State Championship. He was recruited in 1971 as the new head coach at the Northeastern University in Boston leading the team to advance from Division II to Division I four times. He was given six regional Coach of the Year awards from the university and is ranked as the coach with the most wins, a record of 245-138.

Jim Calhoun was also the head coach at the University of Connecticut in 1986. He led the Huskies to win the NIT championship as well as the NCAA Tournament Elite Eight. He also led the team to win many championships and win seven Big East Men’s Basketball Tournament Championship. He received his 700th win at Gampel Pavillion. He was the first coach in the NCAA history to have won at least 240 games in two schools that were both division I. He was inducted into the Dr. James Naismith National Basketball Hall of Fame in 2005 and has signed a five year contract worth $26 million until 2014. He is one successful coach with 23 of his players have gone to the professional leagues. On September 13, 2012, he announced his retirement.

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