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Dean Smith Net Worth

Basketball coach · Athletes

Dean Smith
Photo: University of North Carolina · Wikimedia Commons · Public domain
Net Worth · StarWorth Figure
$5M
Source: Celebrity Net Worth (October 2026) · USD · Last updated 28 October 2026

Quick facts

Born1931

ProfessionBasketball coach

NationalityAmerican

CategoryAthletes

Background and career

Dean Edwards Smith (February 28, 1931 – February 7, 2015) was an American men's college basketball head coach. Called a "coaching legend" by the Basketball Hall of Fame, he coached for 36 years at the University of North Carolina at Chapel Hill. Smith coached from 1961 to 1997 and retired with 879 victories, which was the NCAA Division I men's basketball record at that time.[a] Smith had the ninth-highest winning percentage of any men's college basketball coach (77.6%). Smith's career total of 879 wins lasted until 2005 when Pat Summitt surpassed him with her 880th victory. During his tenure as head coach, North Carolina won two national championships and appeared in 11 Final Fours. Smith played college basketball at the University of Kansas, where he won a national championship in 1952 playing for Hall of fame coach Phog Allen. Smith was best known for running a clean program and having a high graduation rate, with 96.6% of his athletes receiving their degrees. While at North Carolina, Smith helped promote desegregation by recruiting the university's first African-American scholarship basketball player, Charlie Scott, and pushing for equal treatment for African Americans by local businesses. Smith coached and worked with numerous people at North Carolina who achieved notable success in basketball, as players, coaches, or both. Smith retired in 1997, saying that he was not able to give the team the same level of enthusiasm that he had given it for years. After retiring, Smith used his influence to help various charitable ventures and liberal political activities, but in his later years he suffered from advanced dementia and ceased most public activities.

Smith was born in Emporia, Kansas, on February 28, 1931. Both of his parents were public school teachers. Smith's father, Alfred, coached the Emporia High Spartans basketball team to the 1934 state title in Kansas. This 1934 team was notable for having the first African American basketball player in Kansas tournament history. While at Emporia High School for two years and then at Topeka High School, Smith lettered in basketball all four years and was named all-state in basketball as a senior. Smith's interest in sports was not limited to basketball. Smith also played quarterback for his high school football team and catcher for the high school baseball team.

After graduating from high school, Smith attended the University of Kansas on an academic scholarship. He majored in mathematics and joined the Phi Gamma Delta fraternity. While at Kansas, Smith continued his interest in sports by playing varsity basketball, varsity baseball, and freshman football. He was also a member of the Air Force ROTC detachment. During his time on the varsity basketball team, Kansas won the national championship in 1952. In 1953, the team was an NCAA tournament finalist. Smith's basketball coach during his time at Kansas was Phog Allen, who had been coached at the University of Kansas by the inventor of basketball, James Naismith. After graduation, Smith served as assistant coach at Kansas in the 1953–54 season.

Smith was commissioned as a second lieutenant on June 7, 1954, in the U.S. Air Force and was stationed at Fürstenfeldbruck Air Base in Germany where he was on a team that won the Air Force championship for Europe. He later worked as a head coach of United States Air Force Academy's baseball and golf teams. Yet, Smith's big break would come in the United States. In 1958, North Carolina coach Frank McGuire asked Smith to join his staff as an assistant coach. Smith served under McGuire for three years until 1961, when McGuire was forced to resign by Chancellor William Aycock in the wake of a major recruiting scandal, and consequently, an NCAA mandated probation.

Years later, Aycock recalled that McGuire came to his office on a Saturday and told him he was resigning. Smith was waiting in McGuire's car outside South Building (UNC's main administration building), so Aycock called him in and asked him if he wanted to take over as head coach. Smith accepted, and the hiring was formally announced the following Monday. When Aycock named Smith as head coach, he told the 30-year-old Smith that wins and losses didn't matter as much as running a clean program and representing the university well. The Atlantic Coast Conference (ACC) had canceled the Dixie Classic, an annual basketball tournament in Raleigh, North Carolina, due to a national point-shaving scandal including a North Carolina player (Lou Brown). As a result of the scandal, North Carolina de-emphasized basketball by cutting their regular-season schedule. In Smith's first season, North Carolina played only 17 games and went 8–9. This was the only losing season he endured during his career. In 1965, he was famously hanged in effigy on the university campus following a disappointing loss to Wake Forest. After that game, UNC would win nine of their last eleven games, and Smith would subsequently go on to turn the program into a consistent success. From 1965 onward, Smith's teams never finished worse than tied for third in the ACC. For the first 21 of those years, they did not finish worse than a tie for second. By comparison, during that time the ACC's other charter members each finished last at least once. Smith's first major successes came in the late 1960s, when his teams won consecutive regular-season and ACC tournament championships, and went to three straight Final Fours, going all the way to the national championship game in 1968. They would appear in either the NCAA or NIT in every one of Smith's final 31 years in Chapel Hill. However, this run occurred in the middle of UCLA's stretch of 10 titles in 12 years, and in fact Smith lost to UCLA's John Wooden in the 1968 title game.

Smith won his first national championship with his 1981–82 team, which was composed of future NBA players Michael Jordan, James Worthy and Sam Perkins. After winning the NCAA tournament, North Carolina had a record of 32–2. The other teams that advanced with North Carolina were Georgetown, Houston and Louisville. The Tar Heels actually finished in a tie for first in the ACC regular season with the Ralph Sampson-led Virginia Cavaliers. In the semifinals, North Carolina defeated Houston 68–63 in New Orleans, while Georgetown defeated Louisville 50–46. The national title game against Georgetown was evenly matched throughout. However, with 17 seconds left on the clock, and the Tar Heels behind by 1 point, Jordan made what ended up being the game-winning shot to put the Tar Heels up 63–62. On Georgetown's ensuing possession, Hoya guard Fred Brown inexplicably passed the ball directly to Worthy with no Georgetown player anywhere near the pass. Worthy attempted to dribble out the clock, but was fouled with 2 seconds left. He missed both free throws, but Georgetown had no timeouts left. The Hoyas missed a halfcourt shot as time expired, giving Smith his first national championship in his seventh appearance in the Final Four.

Sources

Net-worth figure: Celebrity Net Worth (October 2026), in USD. Biography and career facts: the person's Wikipedia article and linked reporting. Snapshot date for all StarWorth figures: 28 October 2026.

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