Steve Forbes, the head coach of the Wake Forest Demon Deacons men’s basketball team, has made a significant impact since joining the team. Taking the helm in 2020, Forbes turned around the program after a challenging season, leading them to a much-improved 23-8 record.
This remarkable turnaround has garnered attention and respect across the NCAA and the Atlantic Coast Conference (ACC).
Forbes’ coaching career spans multiple universities, including East Tennessee State, Texas A&M, Illinois State, Louisiana Tech, and Idaho.
His leadership has not only brought success on the court but has also positioned Wake Forest as a competitive team in the ACC.
With his emphasis on teamwork and development, Forbes has shaped the Deacons into a formidable contender.
In recognition of his success, Forbes signed a long-term contract extension with Wake Forest.
This extension ensures that he will continue to lead the Deacons, aiming to build on their recent successes and further establish their presence in college basketball.
Who Is Steve Forbes?
Steve Forbes is the head coach of the Wake Forest Demon Deacons men’s college basketball team. Known for his leadership and winning record, Forbes has made a significant impact at Wake Forest University and beyond.
He brings years of experience across various teams and is highly respected in the college basketball community.
Where Did Steve Forbes Grow Up?
Steve Forbes was born on March 22, 1965, and grew up in Lone Tree, Iowa. This small town in the southeastern part of the state is where he began to develop his love for basketball.
Growing up in a tight-knit community, Forbes learned the importance of teamwork and dedication early on. These values have stayed with him throughout his career.
Where Did Steve Forbes Play College Basketball?
Steve Forbes played college basketball at Southern Arkansas University. During his time there, he developed his skills on the court and gained a deep understanding of the game.
Although he did not play at a major Division I program, his experience at Southern Arkansas provided a strong foundation for his future coaching career.
This experience allowed him to step into coaching roles with a unique perspective on the game.
Where Does Steve Forbes Live?
Steve Forbes resides in Winston-Salem, North Carolina, home of Wake Forest University and the LJVM Coliseum.
Living in the same city where he coaches allows Forbes to immerse himself in the community and the university.
His proximity to the Shah Basketball Complex also facilitates his hands-on approach to coaching and mentoring his players.
Who Is Steve Forbes Married To?
Steve Forbes is married to Johnetta Forbes. The couple has shared many experiences throughout his coaching career.
Steve often emphasizes the role of his family in his life, acknowledging the support and stability they provide. Johnetta has been a significant part of his journey, especially considering the demanding nature of a coaching career in college basketball.
For further details, you can read more about Steve Forbes and his career at Wake Forest.
Steve Forbes Professional Career
Steve Forbes has built a noteworthy career as a college basketball coach, known for his strong leadership and ability to transform teams. His journey includes coaching at several institutions before his current role at Wake Forest.
Let’s dive into the key aspects of his professional career.
What Teams Has Steve Forbes Previously Coached For?
Steve Forbes has an extensive coaching career. He started at the community college level and quickly moved to NCAA Division I.
He coached at Southern Arkansas University before joining Idaho as an assistant. He then had stints at Louisiana Tech, Illinois State, and Texas A&M.
Forbes served five years as head coach at East Tennessee State, leading the team to two NCAA Tournament appearances and winning Southern Conference championships.
His time at East Tennessee State was marked by a consistent winning record and several awards, including the Hugh Durham Award for best mid-major coach.
What Team Is Steve Forbes Currently Coaching For?
Steve Forbes is currently the head coach of the Wake Forest Demon Deacons.
He joined Wake Forest in April 2020, becoming the 23rd head coach in the program’s history.
Since arriving, he has focused on building a competitive team in the ACC, following Danny Manning’s tenure.
Under his leadership, the team has shown significant improvement.
Forbes signed a long-term contract extension, indicating mutual long-term commitment between him and the university.
This commitment reflects the high expectations for Forbes to lead the Demon Deacons to multiple championships and ACC Tournament successes.
Does Steve Forbes Want To Coach in the NBA?
There is no public information suggesting that Steve Forbes is aiming for an NBA coaching position.
His current focus seems to be firmly on college basketball, particularly on making the Wake Forest program successful.
Forbes’ passion for NCAA basketball and his significant achievements at this level imply that he is dedicated to remaining within the college ranks.
What Are Steve Forbes Future Prospects?
Looking ahead, Forbes aims to solidify Wake Forest’s position as a top-tier team in the ACC.
His success in recruiting talented players and developing them into star athletes will be crucial.
Multiple championship banners are expected to be hung under his guidance, as the university is committed to supporting his vision.
Steve Forbes Major Achievements and Awards
Steve Forbes has accumulated multiple honors throughout his career.
At East Tennessee State, he secured the Southern Conference championships and made the NCAA Tournament twice.
Upon joining Wake Forest, he immediately improved the team’s performance, culminating in a long-term contract extension.
Additional major achievements include:
- Hugh Durham Award
- National Invitation Tournament appearances
- Multiple Coach of the Year awards at various conferences
Similar Coaches to Steve Forbes
Similar to Steve Forbes, several other coaches have proven to be experts in transforming collegiate basketball teams:
- Bruce Pearl at Auburn has had a transformative impact on the Tigers.
- Chris Beard at Texas has also shown strong leadership and remarkable success.
- Tony Bennett at Virginia is celebrated for his defensive coaching style and ACC Tournament wins.
These coaches, like Forbes, have built their reputations by developing strong teams and achieving notable successes in the NCAA.
How Does Steve Forbes Do With NIL and Transfer Portal?
Steve Forbes has been highly effective in utilizing the transfer portal and NIL money to enhance his team. His strategies have helped Wake Forest remain competitive, especially during challenging times like the COVID-19 pandemic.
Steve Forbes and Transfer Portal
Steve Forbes has made significant use of the transfer portal since becoming head coach at Wake Forest. His approach has been pivotal in assembling a competitive men’s basketball team.
Forbes successfully recruited key players like Alondes Williams and Jake LaRavia.
Williams became the ACC Player of the Year, while LaRavia earned a spot on the All-ACC second team.
Hunter Sallis from Gonzaga is another notable transfer. His addition is expected to further bolster the team.
Forbes’ skill in navigating the transfer portal has revitalized Wake Forest basketball, making it a strong contender in the ACC.
Steve Forbes and NIL Money
The shift in NCAA rules allowing NIL money has significantly impacted college sports, including Wake Forest under Steve Forbes’ leadership. Since his hiring in 2020, the program has adapted well to these changes.
Forbes advocates for athletes to profit from their name, image, and likeness, stressing its importance for student-athletes’ financial stability.
He has defended his program against claims from other coaches, like Syracuse’s Jim Boeheim, that Wake Forest “bought” its players.
Forbes insists that NIL deals are handled transparently and fairly.
His balanced approach has fostered a positive environment where athletes can excel on and off the court.
This has not only attracted high-caliber talent but also helped retain star performers in the wake of the COVID-19 pandemic.
How Much Is Steve Forbes’s Contract For?
Steve Forbes has secured a long-term contract extension with Wake Forest University. This contract includes a sizable salary and incentives for his performance as head coach of the men’s basketball team.
How Much Does Steve Forbes Make in Salary Per Year?
Steve Forbes’s annual salary under the new contract is a significant component of his compensation.
Reports indicate that his base salary is quite competitive within college basketball.
While exact figures can vary, it is estimated that Forbes’s salary is in the range of $2.5 million per year.
This places him among the higher-earning coaches in the ACC, reflecting his success in revitalizing the Demon Deacons program extension.
John Currie, the athletic director, played a key role in negotiating this contract, ensuring Forbes’s continued leadership at Wake Forest.
How Much Does Steve Forbes Make in Incentives Per Year?
In addition to his base salary, Steve Forbes’s contract includes various performance-based incentives.
These incentives can significantly increase his total earnings.
For instance, Forbes earns bonuses for milestones such as reaching the NCAA Tournament, winning ACC Coach of the Year, and achieving certain win totals in a season.
Following his recent 23-8 season and ACC Coach of the Year win, such incentives have likely further boosted his earnings rewarded.
Consequently, fans and season ticket holders can expect continued success and stability in the program under his leadership.
What Is Steve Forbes Net Worth?
Steve Forbes, the head coach for the Wake Forest Demon Deacons men’s basketball team, has had a significant career in college basketball.
Before joining Wake Forest, he coached at East Tennessee State, Texas A&M, Illinois State, Louisiana Tech, and Idaho.
Steve Forbes has built a strong reputation over the years, which has contributed to his financial success.
According to Celebrity Net Worth, Steve Forbes, who is also an editor, publisher, and businessman, has an estimated net worth of $200 million.
This figure reflects his wide array of professional pursuits beyond the court.
Forbes has been part of many successful teams, and his role as head coach at Wake Forest since 2020 has added to his financial and professional achievements.
The Wake Forest basketball program, known for producing talented NBA players like Chris Paul and Josh Howard, benefits greatly from Forbes’ experience and leadership.
These additional pursuits in media and business have significantly bolstered Forbes’ net worth, showcasing his versatility and success across multiple fields.