Exploring Mike Elkos Net Worth, Contract, and Salary in 2023

Mike Elko, a professional football coach, has an estimated net worth of $10-$15 million as of 2023, primarily from his coaching career at various colleges. Notably, his recent substantial contract with Texas A&M is expected to further elevate his value. Previously, Elko had significant deals with Duke University and Texas A&M during his initial stint.


Mike Elko, a professional football coach, has an estimated net worth of $10-$15 million as of 2023, primarily from his coaching career at various colleges. Notably, his recent substantial contract with Texas A&M is expected to further elevate his value. Previously, Elko had significant deals with Duke University and Texas A&M during his initial stint.

Born on July 28, 1977, in South Brunswick, New Jersey, USA, Michael Elko (aka Mike Elko) was a standout quarterback at South Brunswick High School before transitioning to a safety role at the University of Pennsylvania. He kicked off his coaching journey as a graduate assistant at Stony Brook University, later holding various coaching roles at different universities, including defensive coordinator and linebacker. In 2022, he assumed the role of head coach at Duke, returning to Texas A&M as the head coach in 2024.

Insight into Mike Elko’s Salary and Contract

Reportedly, Mike Elko’s net worth ranges from $10 million to $15 million. Commencing as a graduate assistant at Stony Brook, he steadily progressed to head coaching roles. Although details about his early coaching contracts are scarce, it is said that he earned $1,486,376 during his tenure with Notre Dame, including a one-time payment of $494,666. Subsequently, he moved to Texas A&M, where he received $178,644 upon leaving Notre Dame.

Elko’s contract with Texas A&M spanned three years, with an average annual payment of $1.8 million. Upon joining Duke as head coach, he reportedly received an annual salary of $3.5 million. His return to Texas A&M in 2024 supposedly entailed a six-year, $42 million contract.

An Overview of His Texas A&M Contract

Following Jimbo Fisher’s departure in November 2023, Mike Elko assumed the role of head coach at Texas A&M. His six-year contract is valued at $42 million, equating to a yearly compensation of $7 million. The buyout terms are structured as a flat-rate percentage, comprising a 75% buyout for Years 1-3 and an 80% buyout for Years 4-6. Moreover, the agreement encompasses a $11,000,000 compensation pool for staff and offers a $100,000 bonus for each SEC Championship Game appearance. Additionally, playoff incentives are in place, with successful achievements leading to automatic one-year contract extensions for Elko.


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