His salary is set to raise by $250,000 each year until the end of his contract duration. This contract has boosted his annual salary from $2.75 million to $6.125 million and has made him one of the highest-paid coaches in the United States. Shane Beamer recently signed a five-year contract in early January 2023 with South Carolina which is worth around $33 million. Frank's Son Shane Beamer's Salary and Contract It’s not for sure how much profit he made in selling that mansion. The home ultimately sold for $2.2 million in 2016. When Beamer decided to retire from coaching in 2015, he put the property on the market for $2.5 million. He also had a separate building constructed on the property that housed his extensive collection of Virginia Tech memorabilia. Over the years, Beamer made several upgrades to the home, including the addition of a custom-built wine cellar and a large outdoor entertaining area.įrank Beamer's 8800-square-foot Blacksburg Mansion which he sold for $2.2M, 2019 SOURCE: The home is located on a large plot of land and featured six bedrooms, seven bathrooms, and a range of high-end amenities, including a pool, a sauna, and a home theater. Real Estate and Mansionsįrank Beamer's former 8,800-square-foot mansion in Blacksburg, Virginia was a stunning property that he first purchased in 1998. However, Beamer ultimately decided to reject the offer and retire at the end of the 2015 season. In 2015, Virginia Tech offered Frank Beamer a $9 million contract extension that would have kept him as head coach of the football team for an additional three years. He has served as a television analyst for ESPN and the ACC Network since retiring from coaching, which likely contributes to his ongoing income. In addition to his salary, Beamer also earned income from public speaking engagements. During his time at Virginia Tech, he was one of the highest-paid coaches in the country, earning a salary of over $3 million per year towards the end of his career.įrank Beamer worked as the head coach for more than two decades SOURCE: Getty Images His career earnings as a coach are reported to be over $30 million, primarily from his successful tenure at Virginia Tech Hokies.īeamer's income came primarily from his salary as a college football coach. Franklin's Net Worth: Contracts and Real Estateįrank Beamer, the retired American football coach, has an estimated net worth of around $10 million, according to Celebrity Net Worth. Beamer attended Hillsville High School in Virginia, where he was an all-state football player. He was one of the longest-tenured active coaches in the NCAA Division I Football Bowl Subdivision. He is known for working as the coach for the Virginia Tech Hokies from 1985 until 2015.įrank wanted to start his career as an American football player but eventually worked as a coach.
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