Grant McCasland is an American college basketball coach currently leading the Texas Tech Red Raiders. He previously coached at North Texas from 2017 to 2023, achieving significant success, including two postseason tournament championships. Before coaching at North Texas, McCasland served as an assistant coach at Baylor, his alma mater, and held head coaching positions at Midwestern State, Midland College, and Arkansas State.
With a coaching record reflecting both experience and achievement, McCasland brings expertise to the Texas Tech basketball program. His leadership aims to propel the team to further victories and prominence within the competitive landscape of collegiate basketball, leveraging his extensive coaching background and strategic approach to the game.
| Name | Grant McCasland |
| Net Worth | N/A |
| Age | 47 Years |
| Residence | Irving, Texas |
| Position | Head Coach |
| Marital Status | Married |
| Source of Wealth | Coaching |
| Salary | $1 million annually |
| Endorsements | N/A |
| Endorsement Earnings | N/A |
Grant McCasland Net Worth
As of now, there is no available information on Grant McCasland's net worth. Net worth details for many coaches, including McCasland, may not be publicly disclosed or easily accessible. Coaches often accumulate wealth through contracts, endorsements, and career longevity.
Grant McCasland Career Earnings
Grant McCasland's coaching career has been financially rewarding, with substantial earnings reflecting his success. In the previous year (2023-22), McCasland's annual salary, including incentives and bonuses, stood at $1.1 million. This figure represents a notable increase compared to his earnings in the 2021-22 season.
McCasland's career earnings have grown with his coaching achievements, solidifying his status among well-compensated college basketball coaches. His ability to deliver results on the court has not only elevated his team's performance but has also contributed to his financial prosperity in the world of collegiate coaching.
Grant McCasland Salary
Grant McCasland's recent contract extension with North Texas significantly boosts salary, making him the first basketball coach in the university's history to earn $1 million annually. Effective through the 2028-29 season, the seven-year deal sees McCasland's base salary jump from $600,000 to $800,000 annually, reflecting the university's commitment to recognizing his coaching achievements.
In the 2022-23 season, McCasland's total compensation, including guaranteed incentives, surpasses $1.1 million. The contract outlines a series of guaranteed incentives, such as an annual retention bonus and stipends for various appearances, contributing to the coach's overall earnings. The impressive financial commitment from North Texas signifies the value placed on McCasland's coaching expertise and the desire to secure his leadership for the foreseeable future.
Grant McCasland Contract
Grant McCasland recently signed a contract extension that will keep him as the head coach of North Texas basketball until April 30, 2029. This new deal marks a significant milestone as McCasland becomes the first coach in the university's history to earn an annual salary of $1 million. His base salary, which was previously $600,000, has been increased to $800,000 per year as part of the seven-year contract. Additionally, the contract guarantees incentives, such as retention bonuses and stipends, which elevate the total value to over $1.1 million for the 2022-23 season.
Highlights of McCasland's contract extension include escalating guaranteed incentives, starting at $315,876 and rising to $765,876 by the contract's final year. Moreover, the agreement outlines set buyout amounts, beginning at $1.5 million if McCasland terminates the contract before July 1, 2023, and decreasing by $250,000 annually thereafter.
Grant McCasland’s Contract Breakdown
| Year | Base Salary | Signing Bonus | Cap Hit | Yearly Cash |
| 2023 | $800,000 | - | - | $1,115,876 |
| 2024 | $800,000 | - | - | $1,115,876 |
| 2025 | $800,000 | - | - | $1,115,876 |
| 2026 | $800,000 | - | - | $1,115,876 |
| 2027 | $800,000 | - | - | $1,115,876 |
| 2028 | $800,000 | - | - | $1,115,876 |
| 2029 | $800,000 | $765,876 | - | $1,565,876 |
Grant McCasland Contract History
Grant McCasland's coaching journey commenced at Arkansas State in 2016, where he served as the head coach until 2017. During his tenure, a lucrative 5-year deal with a guaranteed amount of $400,000 per year was offered by A-State, setting the foundation for his coaching career. Subsequently, McCasland embarked on a significant chapter with North Texas in 2017, signing a contract extension that spans until the 2028-29 season.
This extension marked a historic moment for North Texas as McCasland became the first coach in the university's history to earn an annual salary of $1 million. The seven-year contract, effective from 2022-23, includes guaranteed incentives and a base salary totaling over $1.1 million. McCasland's coaching prowess has not only earned him financial recognition but also provided him the opportunity to capitalize on additional incentives.
Furthermore, the contract stipulates a buyout clause, starting at $1.5 million if McCasland terminates the deal before July 1, 2023, gradually decreasing by $250,000 annually.
FAQ's On Grant McCasland Net Worth, Salary, and Contract
A. Net worth details aren't available, but coaches like McCasland accumulate wealth through contracts, endorsements, and longevity.
A. In 2023-22, McCasland's coaching earnings reached $1.1 million, showcasing significant financial growth from the previous year.
A. McCasland's historic seven-year deal, making him the first North Texas coach to earn $1 million annually, demonstrates the university's commitment.
A. McCasland's contract breakdown includes a base salary of $800,000, escalating incentives, and a decreasing buyout clause starting at $1.5 million.
A. McCasland's contract extension runs until April 30, 2029, solidifying his long-term commitment to North Texas basketball.
