Juwan Howard is the head coach of his alma mater, the Michigan Wolverines men's basketball team for the 2023–24 season. He began his standout NBA 19-year career with the Washington Bullets, when he was drafted fifth overall in 1994 and became the first NBA player to receive a $100 million contract. Afterwards, he had an All-Rookie first season and an All-Star and All-NBA second season.
During his collegiate career, Howard was a standout All-American for the Wolverines, mostly renowned for being a member of the Fab Five recruiting class in 1991 and they went to two NCAA tournament championship games in 1992 and 1993. Unfortunately, many of the Wolverines' 1990s accomplishments were vacated due to NCAA rule violations by members of the Fab Five.
His last team was the Miami Heat, for which he played from 2010 to 2013. After that he stayed as an assistant coach for seven seasons until the Wolverines announced Howard as the replacement for John Beilein, who was leaving Ann Arbor for the NBA in 2019.
Though he was hired in 2019, the season had been outstanding for Michigan, as they were seeded No. 1 in the NCAA tournament. He led the Wolverines to three consecutive NCAA tournament appearances in 2019, 2021, and 2022, reaching as far as the Elite Eight in 2021.
| Name | Juwan Antonio Howard |
| Net Worth | Estimated $80 million |
| Age | 50 years old (February 7, 1973) |
| Height | 6 feet 9 inches (206 cm) |
| Weight | 113 kg (250 lbs.) |
| Residence | Ann Arbor, Michigan |
| Education | Chicago Vocational High School; University of Michigan |
| Position | Head Coach for Michigan Wolverines |
| Marital Status | Married (Jenine Wardally) |
| Source of Wealth | Basketball Coach |
| Salary | $3.25 million |
| Endorsements | N/A |
| Endorsements Earnings | N/A |
Juwan Howard’s Net Worth
Juwan Howard’s net worth is estimated to be $80 million as of 2024. He earned mostly through his NBA career, which got further aided by his coaching career.
Moreover, he tried his hand at acting as well in the 1990s. He went on to make guest roles in TV series including "The West Wing," in which he played a former basketball player for Duke University, and contributed to the 1994 documentary film "Hoops Dreams," but no information is available on how much he earned.
The 50-year-old is also the director of the Juwan Howard Foundation, a charitable organization that offers basketball programs to underprivileged kids in Chicago and Washington, D.C.
Juwan Howard’s Career Earnings
As per online sources, Juwan Howard’s total coaching career earnings are estimated at $24.49 million from 2013 to 2026. He reportedly earned $3 million from the Miami Heat between 2013–19 and $14.6 million by the end of 2023 with Michigan; he will approximately earn $10.33 million more by the end of his contract.
According to Spotrac, Juwan Howard made more than $149 million in earnings over his 19-year NBA career. His largest single-season salary came from the Denver Nuggets in the 2002–03 campaign, where he made $20.6 million.
| YEAR | TEAM | SALARY | TOTAL CASH |
| 1994-95 | Washington Bullets/wizards | $1,309,000 | $1,309,000 |
| 1995-96 | Washington Bullets/wizards | $1,702,000 | $1,702,000 |
| 1996-97 | Washington Bullets/wizards | $9,750,000 | $9,750,000 |
| 1997-98 | Washington Bullets/wizards | $11,250,000 | $11,250,000 |
| 1998-99 | Washington Bullets/wizards | $10,564,024 | $10,564,024 |
| 1999-00 | Washington Bullets/wizards | $15,000,000 | $15,000,000 |
| 2000-01 | Washington Bullets/wizards | $16,875,000 | $16,875,000 |
| 2001-02 | Dallas Mavericks | $18,750,000 | $18,750,000 |
| 2002-03 | Denver Nuggets | $20,625,000 | $20,625,000 |
| 2003-04 | Orlando Magic | $4,917,000 | $4,917,000 |
| 2004-05 | Houston Rockets | $5,408,700 | $5,408,700 |
| 2005-06 | Houston Rockets | $5,900,400 | $5,900,400 |
| 2006-07 | Houston Rockets | $6,392,100 | $6,392,100 |
| 2007-08 | Dallas Mavericks | $6,883,800 | $6,883,800 |
| 2007-08 | Denver Nuggets | $1,211,197 | $1,211,197 |
| 2008-09 | Dallas Mavericks | $7,375,000 | $7,375,000 |
| 2008-09 | Charlotte Bobcats | $928,143 | $928,143 |
| 2008-09 | Charlotte Bobcats | $51,976 | $51,976 |
| 2009-10 | Portland Trail Blazers | $1,306,455 | $1,306,455 |
| 2010-11 | Miami Heat | $1,352,181 | $1,352,181 |
| 2011-12 | Miami Heat | $1,088,341 | $1,088,341 |
| 2012-13 | Miami Heat | $79,540 | $79,540 |
| 2012-13 | Miami Heat | $79,540 | $79,540 |
| 2012-13 | Miami Heat | $214,758 | $214,758 |
| (19 seasons) - Est. Earnings | $149,014,155 | $149,014,155 | |
Juwan Howard’s Salary
According to online sources, Juwan Howard's base pay remains the same at $400,000 from his 2019 Michigan contract. However, as per his new 2021 Michigan contract, which will run through June 2026, his salary is $3.25 million, with 2% annual increases.
Juwan Howard’s Contract
Juwan Howard, the men's basketball coach at Michigan, signed a new five-year contract in November 2021, which resulted in a sizable compensation raise.
According to contract specifications obtained by The News, Howard will make $3.25 million in total compensation under his restructured contract. This is a significant increase from the $2.2 million he was expected to make under his initial arrangement when he was hired in May 2019. The terms of the current agreement expire on June 30, 2026.
As per the terms of the original-2019 deal, Howard continues to receive a base salary of $400,000. He receives most of his money from "university-related consulting, promotional, and other services, shoe and/or apparel sponsorships, radio, television, and the internet."
As part of the new deal, Howard is qualified to receive bonuses of $25,000 to $200,000, which include Big Ten regular-season and tournament titles, appearances and wins in the NCAA Tournament, and coach-of-the-year honors.
In the event that Howard leaves for a different position, the new contract states that his buyout will begin at $2.5 million and decrease by $500,000 each season after that. If he were dismissed without cause, his severance pay would begin at $5 million and decrease by $1 million each subsequent season.
Juwan Howard Contract Breakdown
| Year | Base-Salary | Signing Bonus | Cap Hit | Dead Cap | Yearly Cash |
| 2021 | $400,000 | - | - | - | $3.25 million |
| 2022 | $400,000 | - | - | - | $3.31 million |
| 2023 | $400,000 | - | - | - | $3.38 million |
| 2024 | $400,000 | - | - | - | $3.44 million |
| 2025 | $400,000 | - | - | - | $3.51 million |
"Yearly Cash" - Howard's $3.25 million compensation will rise by 2% annually in the ensuing years. As previously mentioned, his income is primarily derived from sources related to the university rather than his base salary.
Juwan Howard’s Contract History
After the Miami Heat reorganized in 2013, it was officially announced that Howard would remain on the team and assume the role of assistant coach. The Miami Heat were Howard's last NBA team.
Due to league regulations prohibiting a player from serving as both a coach and an active player, this effectively marked Howard's exit from the game. He went on to be their assistant coach until 2019 and then signed a contract with the Michigan Wolverines.
FAQ's On Juwan Howard Salary/Contract/Net Worth
Q. What is Juwan Howard's net worth?
A. Juwan Howard's estimated net worth is $80 million as of 2024.
A. Juwan Howard's estimated net worth is $80 million as of 2024.
Q. How much did Juwan Howard earn in his NBA career?
A. Over the course of his 19-year NBA career, Juwan Howard earned more than $149 million.
A. Over the course of his 19-year NBA career, Juwan Howard earned more than $149 million.
Q. What is Juwan Howard's current base salary as Michigan's head coach?
A. Juwan Howard's current base salary as the head coach of Michigan is $400,000, with a total compensation of $3.25 million, increasing by 2% annually.
A. Juwan Howard's current base salary as the head coach of Michigan is $400,000, with a total compensation of $3.25 million, increasing by 2% annually.
Q. When did Juwan Howard sign his latest contract extension with Michigan?
A. Juwan Howard signed his latest contract extension with Michigan in November 2021 for a five-year term.
A. Juwan Howard signed his latest contract extension with Michigan in November 2021 for a five-year term.
Q. What are the terms of Juwan Howard's buyout if he leaves Michigan?
A. If Juwan Howard leaves Michigan, his buyout starts at $2.5 million and decreases by $500,000 annually. If dismissed without cause, severance pay starts at $5 million, decreasing by $1 million annually.
A. If Juwan Howard leaves Michigan, his buyout starts at $2.5 million and decreases by $500,000 annually. If dismissed without cause, severance pay starts at $5 million, decreasing by $1 million annually.
