Michael Malone Net Worth in 2025

Michael Malone‘s net worth in 2025 it is 8 million dollars. Malone is a basketball coach who currently serves as the head coach Denver Nuggets from the NBA.

He led the Nuggets to the 2023 NBA title and twice coached the annual All-Star game. And in November 2023 The Nuggets signed Malone to a contract extension that will make him one of the highest paid coaches in the NBA. Here’s a look at Michael Malone’s net worth in 2025.

What is Michael Malone’s net worth in 2025?: $8 million (estimated)

Michael Malone Net Worth in 2025 is 8 million dollars. This is according to reputable media such as Celebrity Net Worth.

Michael Malone was born on September 15, 1971 in Queens. He first studied at Bishop Hendricken High School, where he began his amateur basketball career. After that, Malone transferred to Seton Hall Prep before completing his high school education at Worcester Academy.

After graduating from high school, Malone attended Loyola University in Maryland. He played four seasons for the Greyhounds.

In four years, Malone accumulated averages of 3.5 points, 2.6 assists and 1.6 rebounds per game while shooting 36 percent from the field. He eventually graduated from Loyola University in Maryland with a degree in history.

Michael Malone’s early coaching career

While finishing his studies at Loyola University Maryland, Malone took a job as an assistant coach at Friends School in Baltimore. Quaker friends would post a 7-11 record during the 1993-94 season.

After serving as a high school assistant coach at the Friends School of Baltimore’s high school basketball team, Malone would be hired as an assistant coach at Oakland University. Around that time, Oakland University was 20-9 for the 1994-95 season. After that, Malone earned assistant coaching gigs at other universities such as Providence College and Manhattan College.

In the 1998-99 season, Malone was hired by the University of Virginia to serve as the director of men’s basketball administration. In his one season as head coach, the Cavaliers went 14-16.

Michael Malone becomes an NBA assistant coach

In 2001, Malone was able to enter the NBA as an assistant coach after being hired by the New York Knicks and stayed there for several seasons. Four years later, Malone decided to join the coaching staff of the Cleveland Cavaliers and helped the team led by LeBron James become a regular part of the playoffs.

With Malone, the Cavs made it all the way to the NBA Finals in 2007. Unfortunately, the Cavs were swept by the San Antonio Spurs.

After helping the Cavs become a playoff contender, the Golden State Warriors hired Malone as an assistant coach, as recommended by then-head coach Mark Jackson. Malone was highest paid assistant coach to the NBA after agreeing to a three-year, $2.25 million contract.

Michael Malone becomes head coach of the Kings

Despite being the highest-paid assistant coach in the NBA, Malone couldn’t resist accepting the Sacramento Kings head coaching position. With Malone’s hiring, the former Greyhound signed a two-year contract worth $4.5 million, according to reports Spotter.

In Malone’s coaching debut, the Kings posted a lowly 28-54 record. A season later, Malone was fired by the Sacramento Kings front office after coaching the team to an 11-13 start in 2014-15.

Michael Malone becomes head coach of the Nuggets

In 2015, the Denver Nuggets hired Malone to become the team’s head coach. Malone agreed to a four-year contract with an undisclosed amount.

In his first season with the Nuggets, the team went 33-49. Over the next year, the Nuggets improved under Malone’s watch by posting a 40-42 record, good for the ninth seed but not enough to make the postseason.

In 2017-18, Malone coached the Nuggets to a solid 46-36 record. But despite the winning record, the Nuggets failed to re-enter the playoffs as the ninth seed in the Western Conference.

Michael Malone extended his contract with the Nuggets

Despite missing the playoffs in his first three years as the Nuggets’ head coach, the organization kept faith in Malone. Malone agreed to a two-year contract extension with franchise. The terms of the contract have not been made public. That’s when the Nuggets finally made their first playoff appearance since 2013, after finishing second in the West with a 54-28 record.

Entering the playoffs as the No. 2 seed, Malone and the Nuggets averted disaster by sweeping the seventh-seeded San Antonio Spurs in seven games. However, they fell to the Portland Trail Blazers in seven games in the second round.

Michael Malone’s second contract extension with the Nuggets

Just a year after signing his first contract extension, Malone signed another with the team. Again, contract details were not disclosed.

In the 2019-20 season, Malone led the team to a 46-27 record. Furthermore, he led the team all the way to the Western Conference Finals. However, they were defeated by LeBron James and the Los Angeles Lakers in five games, denying them a place in the NBA Finals.

For the next two years, the Nuggets were part of the playoffs. However, an injury to star point guard Jamal Murray ultimately hampered their campaigns leading to an early playoff exit.

Michael Malone’s third contract extension with the Nuggets

After another playoff exit, the Nuggets’ faith in Malone never wavered. They rewarded Malone with a long-term contract extension with the team. According to per sourcesthe deal should give Malone an annual salary of as much as $3 million.

Since the extension, Malone has finally paid back the Nuggets organization by coaching the franchise The Nuggets’ first ever NBA championship in 2023, which convinced the Nuggets to sign him to a fourth contract extension.

However, the Nuggets failed to repeat in 2024. They returned to the NBA playoffs as the No. 2 seed, but after eliminating the Los Angeles Lakers in the first round, they lost to the Minnesota Timberwolves in seven games in the second round. The Nuggets were the first team to lose a Game 7 after blowing a 20-point lead in the second half.

In the 2024-25 season. Malone became the Nuggets franchise leader in wins. The Nuggets are currently fourth in the West.

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