After graduating from Iowa in 1979, Speraw joined Olson's staff at Iowa as a graduate assistant. In the
1979–80 season, Iowa made the
Final Four. After three seasons at Pensacola, Speraw returned to the Division I level for the first time in a near-decade as an assistant coach at the
University of Florida under
Lon Kruger and served in that position from 1990 to 1993. Florida made the
National Invitation Tournament in
1992 and
1993 and advanced to the 1992 NIT semifinals. Among players Speraw coached at Florida were
Andrew DeClercq, who would later play in the NBA. Inheriting a team that finished 10–17 in the previous season, Speraw led UCF to a 21–9 finish,
Atlantic Sun tournament title, and the program's
debut NCAA Tournament appearance in his first season. Speraw's most successful season at UCF was 2003–04, when the Knights finished 25–6, received votes for the top 25, won the Atlantic Sun championship, and reached the
NCAA tournament. On February 20, 2012, UCF announced that it was vacating its wins from the
2008–2009 and
2009–2010 seasons after it was discovered that there was an ineligible player on the team.
Iowa assistant (2010–2022) On April 23, 2010, Speraw joined
Fran McCaffery's staff at Iowa, Speraw's alma mater. Following the 2021-2022 season, Speraw announced his retirement from coaching.
Head coaching record {{CBB Yearly Record Subhead {{CBB Yearly Record Subhead| • UCF had its wins from the 2008–09 and 2009–10 seasons vacated after it was ruled that there was ineligible player for the Knights. ==Personal life==