Mark Madsen is a name that basketball fans from the early 2000s will never forget. Known for his role with the Los Angeles Lakers, Madsen played a key part in the team’s success, contributing to NBA championships with Lakers. His career has been full of ups and downs, but what makes him stand out is not just his time on the court, but his financial journey after retiring. This article will explore Mark Madsen net worth, his career achievements, and how he’s continued to grow his wealth as a coach. If you’ve ever wondered how much Madsen has earned and where his career has taken him financially, this article provides all the details.
Profile Summary
| Attribute | Details |
| Full Name | Mark Madsen |
| Nickname | Mad Dog |
| Date of Birth | January 28, 1976 |
| Age | 48 years (as of 2025) |
| Height | 5’9″ |
| Profession | Basketball Coach, Former NBA Player |
| Current Role | Head Coach at Utah Valley University |
| College | Stanford University |
| NBA Championships | 2 (2001, 2002) with Los Angeles Lakers |
| Net Worth (2025) | $15 Million |
| Yearly Income (2025) | $750,000 |
| Monthly Income (2025) | $60,000 |
| Daily Income (2025) | $2,000 |
| Wife | Hannah Harkness (Spouse) |
| Children | William Madsen, Leroy Madsen, Alexandria Madsen |
| Father | Duane Madsen |
| Mother | Erlyn Madsen |
| NBA Teams Played For | Los Angeles Lakers, Minnesota Timberwolves, Golden State Warriors |
| Coaching Teams | Los Angeles D-Fenders, Utah Valley University |
| Social Media | Facebook, Instagram, Twitter, LinkedIn |
Who is Mark Madsen?
Mark Madsen is a former NBA player who is now a basketball coach. Born on January 28, 1976, in Minnetonka, Minnesota, Madsen’s basketball career began at a young age. He gained recognition for his time at Stanford University, where he played college basketball and became known as a NBA defensive specialist. His hard work and determination led him to the Los Angeles Lakers, where he played from 2000 to 2004. Madsen was known for his high energy and hustle, even though he wasn’t the star player. After his playing days, he transitioned into coaching, where his career continues to grow.
Mark Madsen Early Years and Education
Mark basketball journey started long before the NBA. Growing up in Minnetonka, he was always involved in sports, especially basketball. After high school, he went on to attend Stanford University, where he earned a reputation as a reliable player. Madsen played as a forward for Stanford University basketball, where his skills on defense helped him get noticed by NBA scouts. His college years were crucial in shaping his future career. Mark’s strong work ethic on and off the court was a reflection of his upbringing, and it would play a significant role in his success later on in his professional life.
Mark Madsen Career: From Player to Coach
Mark Madsen career is a great example of a successful NBA player to coach transition. He was drafted by the Los Angeles Lakers in 2000, where he played for four seasons and won NBA championships with Lakers. Even though he wasn’t a leading scorer, Madsen made a huge impact with his defense and hustle. After leaving the Lakers, Madsen played briefly for the Minnesota Timberwolves, but his career soon turned towards coaching. He began coaching the Los Angeles D-Fenders, where he helped develop younger players. Over time, he became the head coach of Utah Valley University, marking a significant shift in his career from player to coach.
Mark Madsen NBA Salary: Earnings Breakdown
During his time in the NBA, Mark Madsen salary history shows a solid income, especially for a role player. His career earnings from the NBA alone are estimated at over $8 million. His largest salary came in 2003, when he earned approximately $2.2 million. Madsen’s contract with the Los Angeles Lakers helped him establish a strong financial foundation. In addition to his salary, he likely benefited from endorsements and other sources of income common for NBA players. After retiring from playing, his earnings continued to grow as he transitioned into coaching, further increasing his wealth.
Mark Madsen Family
Mark Madsen family has played a key role in his life. He is married to Hannah Harkness, and they have children together. Although Madsen has kept much of his personal life private, his family is incredibly important to him. They have been his support system throughout his career, both in basketball and coaching. His wife, Hannah Harkness, has been by his side, and together they have raised a family. Mark’s family and personal life are part of what keeps him grounded, especially as he has gone through the highs and lows of a public career in sports.
Mark Madsen Net Worth: How Much Does He Make?
Mark Madsen net worth is estimated to be around $5 million. His wealth comes from his career as an NBA player and his work as a coach. While he wasn’t the highest-paid player during his time with the Los Angeles Lakers, his role in multiple NBA championships added to his legacy. His coaching career also plays a major part in his income. At Utah Valley University, as the head coach, Madsen likely earns a substantial salary, which has helped boost his net worth 2025. Madsen’s wealth continues to grow, especially as his coaching career progresses.
Mark Madsen Coaching Career
After retiring as a player, Mark Madsen coaching career took off. His first coaching position was with the Los Angeles D-Fenders, a team in the NBA’s G-League. There, he worked hard to develop young talent, preparing them for the NBA. His efforts didn’t go unnoticed, and he was eventually appointed as the head coach at Utah Valley University, where he has continued to make strides as a leader and mentor. His coaching positions have allowed him to stay close to the game and help shape the next generation of players, all while continuing to build his personal wealth.
Yearly, Monthly, and Daily Income: Mark Madsen Net Worth
Mark Madsen income fluctuates each year depending on his coaching contract. As the head coach at Utah Valley University, Madsen likely earns a salary in the range of $100,000 to $500,000 annually. This income can vary based on performance bonuses, endorsements, and other side ventures. Breaking it down further, Madsen monthly income could be anywhere from $8,000 to $40,000, depending on the terms of his contract. His daily income could range from $250 to $1,300. This steady income allows him to maintain a comfortable lifestyle while continuing to grow his wealth.
Mark Madsen vs Other Celebrities: Net Worth Comparisons
Compared to other NBA players turned coaches, Mark Madsen net worth is modest. Big names like Doc Rivers and Steve Kerr have much higher net worths due to their long, successful coaching careers in the NBA. However, Madsen’s story is unique in that he started as a role player, and despite not having the same star power as some of his peers, he has still been successful financially. His basketball player turned coach net worth reflects a steady growth, but it is not as large as other former NBA stars who made the jump to coaching at higher levels.
SOCIAL Media
| Social Media Platform | Profile Link |
| Mark Madsen Facebook | |
| Mark Madsen Instagram | |
| Mark Madsen Twitter | |
| Mark Madsen LinkedIn |
What is The Los Angeles Lakers Net Worth?
The Los Angeles Lakers net worth is one of the largest in professional sports, estimated at around $5 billion. The Lakers are one of the most successful franchises in NBA history, with a long list of championships and some of the most well-known players to ever play the game. Madsen’s time with the Los Angeles Lakers 2000s roster was brief but impactful, as he contributed to their success during a golden era of the team. While Madsen’s individual wealth doesn’t come close to the Lakers’ overall net worth, being a part of such a storied franchise certainly helped shape his career.
Read More: Mark Madsen Net Worth: A Deep Dive into His Career
Conclusion
Mark Madsen net worth is a reflection of his career in both basketball and coaching. From winning NBA championships with Lakers to becoming the head coach at Utah Valley University, Madsen’s journey has been one of steady financial growth. His wealth has been built through hard work on the court and off, as he transitioned from player to coach. As his coaching career continues to thrive, Madsen’s net worth 2025 is likely to grow, cementing his place as one of the more successful NBA players turned coaches in terms of financial success.
FAQ’S
Who is Mad Dog on the Lakers?
“Mad Dog” is the nickname for Mark Madsen, a former NBA player known for his energetic style.
What Religion is Mark Madsen?
Mark Madsen is a devout Christian.
What Coaching Positions has Mark Madsen Held?
Mark has been the head coach at Utah Valley University and an assistant coach for the Los Angeles D-Fenders and Lakers.
What is Mark Madsen Mother’s Name?
His mother’s name is Erlyn Madsen.
What is Mark Madsen Father’s Name?
His father’s name is Duane Madsen.
How Many NBA Championships has Mark Madsen Won?
Mark Madsen won 2 NBA Championships with the Los Angeles Lakers in 2001 and 2002.
