Due to their influential roles in the lives of their players, understanding coaches' attitudes and perceptions toward LGBQ+ student-athletes is essential for assessing how safe collegiate sport environments are for LGBQ+ athletes. However, the research in this area has been limited. The present study aims to address this gap by investigating coaches' perceptions of LGBQ+ athletes to inform policy and education for promoting inclusive sport environments for these athletes. Participants were 1,533 collegiate coaches (Mage = 39.65 years; women = 41.3%; White = 83.7%; non-Hispanic = 86.4%; heterosexual = 74.9%) drawn from all three NCAA Divisions. In an open-ended, text response question, coaches were asked to identify the extent to which they would support and accept athletes on their teams being open about their sexual orientation and/or gender identity, and to describe the reasoning for their beliefs. Through reflexive thematic analysis, six higher order themes capturing coaches' rationales were identified: (a) levels of acceptance, (b) i coach, therefore i am…, (c) supportive environments are essential, (d) as a queer coach…, (e) limiting queerness, and (f) sexual orientation does not provide a competitive advantage. Analyses illuminate avenues for LGBQ+ athlete inclusion policies and training for coaches.