Chris Petersen Net Worth

Overview

Chris Petersen, born on October 13, 1964, in Yuba City, California, is an American former college football coach [3, 5]. He is known for his successful tenures as head coach at Boise State University and the University of Washington [5, 6]. Petersen began his coaching career at UC Davis and later held positions at Pittsburgh and Portland State [3, 5]. He then joined the University of Oregon as the receivers coach [3, 5, 6]. As head coach at Boise State, Petersen achieved a 92-12 record, including two undefeated seasons and two BCS bowl wins [3, 6]. He is a two-time winner of the Paul “Bear” Bryant Award [3, 5, 6]. At the University of Washington, Petersen led the Huskies to the College Football Playoff in 2016 [6]. He earned a bachelor’s degree in psychology and a master’s degree in education from UC Davis [3, 5]. Petersen and his wife, Barbara, have two sons, Jack and Sam [3, 5].

Here’s information regarding Chris Petersen’s net worth and related financial details, compiled from multiple sources: ## What Is Chris Petersen’s Net Worth? Chris Petersen, the former American college football coach, has an estimated net worth of $11 million as of 2024. His wealth primarily comes from his successful coaching career, with significant earnings from his time at Boise State University and the University of Washington. ## Career Earnings and Contracts Petersen’s financial success is closely tied to his coaching contracts. Key highlights include: * **Boise State:** After an undefeated season in 2006, Petersen received a new contract paying him $4.25 million over five years, or $850,000 per year. In 2010, after another undefeated season in 2009, he received a contract extension. His last contract at Boise State, agreed to in 2012, was a five-year deal for $18 million. This included a $2 million base salary for 2012, with $200,000 raises in subsequent years, plus retention bonuses. * **University of Washington:** In December 2013, Petersen became the head coach at Washington with a five-year, $18 million contract. In 2017, he signed a three-year extension through 2023, totaling $34.125 million in compensation over seven years, averaging $4.875 million per year. This made him the highest-paid coach among public schools in the Pac-12 at the time. The contract included incremental raises, starting at $4.125 million in 2017 and increasing to $5.625 million in 2023. Petersen’s total contract pay was $44,806,720 for 10 years. * **Additional Compensation at Washington:** His compensation included a $500,000 annual life insurance premium payment by the university, with the university entitled to reimbursement from the policy’s death benefits. The school also agreed to cover a $750,000 buyout Petersen owed to Boise State. ## Coaching Achievements and Awards Petersen achieved significant milestones throughout his career, impacting his earning potential and overall net worth: * **Career Record:** Chris Petersen retired from coaching after the 2019 season, with a career record of 147-38. * **Boise State Success:** During his eight seasons as head coach at Boise State (2006-2013), Petersen had a 92-12 record, including two undefeated seasons (2006 and 2009) and two BCS bowl wins. He also led the Broncos to five conference championships. * **Washington Achievements:** As head coach at Washington, Petersen led the Huskies to Pac-12 Conference titles in 2016 and 2018. In 2016, the Huskies earned a spot in the College Football Playoff. * **Awards:** Petersen is a two-time Paul “Bear” Bryant Award winner (2006, 2009) and won the Bobby Dodd Coach of the Year Award in 2010. ## Other Financial Considerations * **Endorsements and Speaking Engagements:** In addition to his coaching salary, Petersen likely earned income through endorsement deals and speaking engagements. * **Real Estate and Investments:** Petersen’s lifestyle reflects his successful career, with investments in real estate and other assets. It is important to note that some online sources may provide estimates, and precise details of his current assets and investments are not publicly available.

Overview

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