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Mike Balado Salary And Net Worth – Is Arkansas State Coach Millionaire?

Author

Aria Murphy

Published Jan 06, 2026

Mike Balado is a college basketball coach and is currently the head coach at Arkansas State University since 2017.  Is Arkansas State Coach Mike Balado a Millionaire? Stay tuned to know about his salary and net worth.

He was named the 16th head coach of the Arkansas state on March 20, 2017. Previously he was an assistant coach at the University of Louisville. Mike worked with Louisville for four seasons.

He started his career as a coach in 1998 and got his breakthrough with Arkansas as head coach. Last year, his team finished fourth in the West Big Conference.

Happy Valentines Day to my rock @BellaAli18 143

— Mike Balado (@CoachBalado) February 14, 2022

In between 2005 to 2017, he worked with several universities like Miami Dade, Florida Atlantic, and Louisville before working as Arkansas State’s head coach.

Balado’s team ranked 11th in the Sun Belt Conference in his first year with his team. He has led his team successfully in several events. Last year, Mike’s team ranked 4th at the end of the season.

Mike Balado Arkansas State Coach Salary Is $375,000. How Much Is His Net Worth Now?

The estimated net worth of the head coach of Arkansas State University, Mike Balado, is around $1 million. He is among the youngest coach working in the Sun Belt Conference.

Balado has an estimated annual salary of $375,000, and his contract includes several bonus amounts if his team reaches certain games, semi-finals, and finals.

Mike was the third highest-paid men’s assistant coach in the ACC. In the final season as an assistant coach in Louisville, he had earned $386,250. In 2013, he had joined the team with an estimated salary of $80,000.

Mike Balado Family Details And Married Life

Mike Balado is happily married to his wife, Alicia Nigro.

He and his wife had tied the knot in the late 2000s. They had a private wedding and had invited only their family members and close friends. According to a few sources, the couple had been seeing each other for some time before marriage.

Mike and his wife Alicia had welcomed their twins, Aiden and Addy, in 2009. They are active users of Twitter and keep sharing pictures of them with their children on the social media handle.

As the head coach remains out of the house most of the time, Alicia remains at home taking care of the kids. The head coach keeps taking his wife and children to his team’s games.

The coach is a native of Miami, Fla, and can speak Spanish fluently.