Men's Basketball Coach Bill Self Signs New Contract at KU
Nov. 30, 2006
Lawrence, Kan. — University of Kansas men’s basketball Coach Bill Self has signed a new five-year contract that begins retroactively on April 1, 2006, and expires in March 2011, said KU Athletics Director Lew Perkins. Self’s prior contract had two years remaining (expiring April 20, 2008).
Under the new contract, Kansas Athletics will pay Self an annual salary of $220,000, plus additional payments that bring his total compensation to just over $1.375 million per year. The compensation includes payment for professional services, which may include educational, public relations and promotional duties as assigned by the director of athletics. Such duties could include the production of any radio or television shows, internet features or Self’s occasional endorsement of products affiliated with and approved by Kansas Athletics or its marketing partner(s).
Additionally, the contract includes a retention agreement that would pay Self $225,000 annually if he serves as Kansas’ head coach through March 31, 2011, which would raise his annual compensation to just over $1.6 million.
The contract also includes several provisions for incentives that could total as much as an additional $325,000 in any one year.
Self’s prior contract paid $129,380 in salary. He also was guaranteed $350,000 from apparel and footwear agreements, $400,000 for professional services, and $250,000 in summer basketball camp revenue.
“We are thrilled that Bill Self will be our coach for years to come,” Perkins said. “There’s no one I’d rather have at the helm of the Kansas men’s basketball program.”
Self is in his fourth season as the head coach at Kansas. His KU teams are 78-25 (.757), have won a share of the last two Big 12 Conference regular-season titles and the championship of the 2006 Big 12 Tournament. He was voted Big 12 Coach of the Year last season, and has led three different teams (Tulsa, Illinois and Kansas) to the Elite Eight of the NCAA Tournament.