Florida Institute of Technology increased coaches salaries spending in 2024 over previous year

John Nicklow, Ph.D. President - Florida Institute Of Technology
John Nicklow, Ph.D. President - Florida Institute Of Technology
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Coaches at Florida Institute of Technology saw their average salary rise by 16.1% from the prior year, according to the U.S. Department of Education.

In 2024, the average coaching salary was $66,844, up from $57,590 the previous year.

Over the past five years, The University of Miami of Florida offered the highest average coaching salary at $1,017,659.

A Knight Commission report projects that within a decade, some Power 5 football coaches will earn more than their schools spend on scholarships and medical care for all athletes. The study estimates more than $1 billion in new annual revenue from the expanded College Football Playoff and media rights deals. By 2032, nearly half of public Power 5 schools could reach this ‘crossover point.’

Incomplete data provided by post-secondary institutions can sometimes skew salary data.

Top 10 Average Coaching Salary Increases in Florida

InstitutionAverage salary in 2023Average salary in 2024% change compared to previous year
Florida Agricultural and Mechanical University$61,351$100,57263.9%
College of Central Florida$45,750$61,73834.9%
Lynn University$56,973$75,53332.6%
The University of Miami$778,333$1,017,65930.7%
The University of Central Florida$514,415$671,08730.5%
Saint Leo University$47,207$61,56930.4%
Florida International University$153,540$200,07330.3%
Warner University$33,267$42,18026.8%
St. Thomas University$32,584$40,90325.5%
Seminole State College of Florida$35,440$44,05024.3%

Information in this story was obtained from the U.S. Department of Education. The source data can be found here.



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