What is Michael Malone Salary?

Last Modified Oct 3, 2023 08:23 GMT
Michael Malone
Michael Malone, Source: Getty Images

Michael Malone, mostly known as Mike Malone, is the head coach of the Denver Nuggets. Last season, Malone helped the Nuggets win their first championship in franchise history. Under his leadership, Nikola Jokic has won the league MVP twice, and he also won the Finals MVP last season.

In the Western Conference Finals last season, the Nuggets swept LeBron James and the LA Lakers, and reached the NBA Finals for the first time in their history. In the Finals, they defeated Jimmy Butler and the Miami Heat in five games.

How much does Michael Malone get paid?

Although his exact salary with the Denver Nuggets is not available, Malone is said to be earning between $2 million - $3 million annually. He is 52 years old and has a net worth of approximately $8 million. He signed to a multi-year contract with the Denver Nuggets in 2022 that has secured him the job until at least the end of the 2024/25 season.

Malone's first job in the NBA came as a coaching associate for the New York Knicks. After working for two years with them, Malone was promoted to the role of assistant. He then worked for the Cleveland Cavaliers, as their assistant coach for five years. Malone's influence helped the team reach the playoffs in all five seasons.

Slowly building his path to success, Malone was then hired as an assistant coach of the Golden State Warriors, where he was the highest paid assistant coach in the league.

His first job as a head coach was with the Sacramento Kings, and after just one season, Malone was hired by the Denver Nuggets. After multiple years of building a competitive roster, Malone won his first NBA championship this past season. Michael Malone along with his superstars Nikola Jokic, Jamal Murray and Michael Porter Jr. will be looking for a repeat in the upcoming season.

FAQs

A. Mike Malone has turned 52 as of this year.

A. Malone’s best season so far is definitely 2023, where he won the NBA title as the head coach of the Denver Nuggets. 

A. Malone attended college at Loyola Maryland University. 

A. Malone was born on September 15, 1971, in Queens, New York.

A. He has been married to Jocelyn Malone for 25 years and they have two daughters.

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