KEY POINTS

  • Frank Vogel became the Lakers head coach this season
  • He tallied a 250-181 win-loss record in Indiana
  • Vogel's estimated net worth is around $8 million

Frank Vogel’s net worth is around $8 million and he could make it a lot bigger should his team win the NBA title.

Vogel was hired in the offseason to replace Luke Walton. Vogel brought with him years of experience coaching the Indiana Pacers and Orlando Magic. He also has experienced handling stars in his roster. One of his main tasks is to create a system in the Lakers that would bring the best in LeBron James and Anthony Davis. The gamble seems to pay off for L.A. as they are playing for the NBA title against the Miami Heat.

According to Celebrity Net Worth, the Wildwood, New Jersey native has a net worth of around $8 million. Coaches typically enjoy incentives in their contract connected to milestones such as playoff appearances and finals berth, not to mention bonuses for winning the title. With the Miami Heat key players’ injuries after Game 1 of the Finals, the Lakers are getting the upper hand in the series. Bam Adebayo, Goran Dragic and Jimmy Butler all suffered injuries but only Butler managed to return to the game.

Frank Vogel
General manager Rob Pelinka of the Los Angeles Lakers (L) talks with head coach Frank Vogel of the Los Angeles Lakers (R) during the 2019 Summer League at the Thomas & Mack Center on July 10, 2019 in Las Vegas, Nevada. Michael Reaves/Getty Images

While his salary with the Lakers has not been revealed, Vogel signed a 4-year, $22 million deal with the Magic in 2016. On the other hand, his salary with the Pacers was around $2 million. He helped Paul George lead his team to back-to-back Eastern Conference finals appearances, only to fall both times to LeBron James-led Miami Heat. Now, James is on his side, coincidentally, against the Heat.

The Lakers hired the 47-year-old to instill defensive discipline to the team. Vogel’s Pacers team ranked 2nd in the 2013 and 2014 seasons, a report from Heavy revealed. He recorded a 250-181 win-loss record while in Indiana but just went 54-110 win-loss tally in his two years with Orlando.

The stakes are high and the pressure is definitely on Vogel to bring the Lakers to the promised land. If he fails to win the crown for “The King” and “The Brow,” waiting on the wings is assistant coach Jason Kidd, who experts expect to take over should the Lakers suffer a collapse. The Lakers made Kidd the highest paid assistant coach in the NBA. They even hired him before signing a head coach, which turned out to be Vogel.

The clock is ticking for Vogel, but his destiny is still in his hands. Should he win the title, a more lucrative deal and possible long-term deal would be in place. If he were to lose the finals, he may soon find himself looking for his next employers.