Advertisement

Archive for Thursday, November 30, 2006

Self signs new 5-year deal at KU

November 30, 2006, 11:51 a.m. Updated November 30, 2006, 2:34 p.m.

Advertisement

Kansas University men's basketball coach Bill Self today inked a new five-year contract which will kick in retroactively on April 1, 2006, and will expire in March 2011. Self's previous deal had two years remaining, set to expire on April 20, 2008.

"We are thrilled that Bill Self will be our coach for years to come," KU Athletics Director Lew Perkins said in a prepared statement. "There's no one I'd rather have at the helm of the Kansas men's basketball program."

Self will receive an annual salary of $220,000 per year from Kansas Athletics, and addition payments will bring his total compensation to right over $1.375 million per year. Those payments include professional services, such as public relations or educational duties.

The contract also has a retention agreement that would pay Self an annual salary of $225,000 if he serves as KU's coach through March 31, 2011. That would bump his annual compensation to a shade over $1.6 million.

Provisions and incentives in the deal could raise his salary to as high as $350,000 in any one year.

Self's prior contract earned him $129,380 annually. He was also guaranteed $350,000 from apparel and footwear agreements, $400,000 for professional servieces and an additional $250,000 in summer basketball camp revenue.

Self, now in his fourth season at KU since coming from Illinois, is 78-25 overall, and has won a share of the last two Big 12 Conference regular season titles. His team also claimed the 2006 Big 12 Tournament crown. He was voted as the Big 12 Coach of the Year last season, and has led three different teams (Tulsa, Illinois and Kansas) to the regional finals.

Comments

KUGreenMachine 8 years ago

if any of you are ku basketball fans, calling self a horrible coach is just ignorant. the last two games we lost in the first round of the tournament followed the exact same pattern of every other loss i've EVER seen the jayhawks have. they involve the other team coming out shooting lights out. they also have some one or a couple guys hitting lights out in the 3point range. now, they also typically play some sort of zone to slow down our offense. they also do this on a day where we start off not being able to hit a damn shot. it happens, the guys on the court are human, and not super human basket making machines. also, in typical fashion, they usually do not start playing well until it's too late and there's nothing they can do. now the one exception of this may have been last years first round loss. a good majority of it had to do with the fact our team consisted of underclassmen and had NO experience in the tourney. now, i'm not saying all of this is an excuse for self, or blaming it all on the players. i'm just saying that a loss is a loss, it happens, and a lot of times it just comes down to LUCK. only one team wins the tourney, 63 teams go home unhappy. so give self a break, don't use him as an excuse, and get over it. he has continued kansas's winning tradition. he helped the freshman of last season grow to win the big XII conference and tourney...just like the players, he's not superhuman, he can't magically get the players to be enthused and hit every shot...anyways, thats all i got, self haters to me are either non KU fans, or just plain ignorant

b_asinbeer 8 years ago

Good. Now that he has a fat new contract, he can go ahead and put together a team and coach it to win a championship for KU.

imagold 8 years ago

Congratulations to Coach Self and K.U. While that's a heck of a lot of money, it makes more sense to me than the raise the football coach received. Look at Coach Self's record over his first three years. I"m looking forward to these next five years. Keep up the good work.

Centrist 8 years ago

Is college sport REALLY worth THAT MUCH of an investment ?!

Equipment at KU is falling apart and some of the buildings need maintenance - badly.

Tuition costs are going up. Affordability is going down. The chances of my own child going to college are slipping further and further away each year.

We all contribute in taxes and tuition. For what? To pay coaches salaries? I thought taxes were supposed to contribute to EDUCATION?

America's RIDICULOUS obsession with college basketball makes me sick. It's really NOT that good. I've been to the games and sure, the atmosphere is good, but gee whiz, it's college basketball, not the NFL!

Ghost78 8 years ago

The basketball program generates millions of dollars of revenue for the university, and tuition increases have little to do with KU and much more to do with the State legislature and the Board of Regents, which encompasses all state schools. You have to spend money to make money, and Self is a relatively cheap investment when you consider the big picture, Centrist.

newsreader 8 years ago

While I think it's an obsene amount of money, a lot of his salary is paid by outside entities. It's not like if the money doesn't go to Coach Self it would go to Scholarships, it just wouldn't come into KU at all.

Centrist 8 years ago

Ok, so if the basketball program brings IN so much cash, why are tuition costs going up?? Why is KU always short of the necessary funds for other projects?? Why does KU require taxpayer support at all if the basketball program is such a cash cow?

KUGreenMachine 8 years ago

ok, for those of you that say he's getting overpaid...get a clue!! every single home game is sold out!!! the people that sit in the front row, they have donated $1,000,000 to get those seats. the amount of money the school recieves in just a few televised games make up most of that salary. ie. Dartmouth as a school recieved a garunteed $63,000 just for playing in that game because it was televised!!! the truth is in order to make the big bucks, you need a winning program, and as long as he keeps ku basketball a winning program he deserves to be compensated for such. you take out the mass amount of money that is made by ku having a winning college basketball team with a winning coach, and the school loses, your kids lose, and with all that money not coming in, tuition increases!!! think about what your saying before complaining about his salary. yes it's a lot of money, but hey, it's obviously a lot of hard work. if not, then why aren't you doing it???

Centrist 8 years ago

KUGreenMachine .... tuition hikes are happening ANYWAY !

KUGreenMachine 8 years ago

exactly....they are increasing anyway....think of how much higher they would be without bball team!!!...and yes, a ton of the money brought in does go right back into sports, as it should...you can't just take all that money and not make our sports teams top of the line...

KUGreenMachine 8 years ago

exactly....they are increasing anyway....think of how much higher they would be without bball team!!!...and yes, a ton of the money brought in does go right back into sports, as it should...you can't just take all that money and not make our sports teams top of the line...

Centrist 8 years ago

Never mind, I can see that you KU nuts will support the team no matter what ;)

Ghost78 8 years ago

Centrist - being a state school is a two-way street. KU gets taxpayer money, but also shares revenue with the state, so tuition increases are handled on a much wider scope than just the cost of attending KU. Take Washburn University for example. Being a non-state school, they set their own rates and their tuition has been traditionally much lower than state school rates, but their recent facilities expansion also took years of accumulated local contributions. The only truly local impact of the KU basketball program is the revenue generated within Lawrence businesses. If you want to have lower tuition rates, be prepared to pay higher taxes because you are subsidizing every kid that attends college in half a dozen schools.

bankboy119 8 years ago

Centrist, tuition increases have nothing to do with the athletic department. The basketball program supports itself, and the women's team.

Mama 8 years ago

Hey imagold....You know, our football coach has greatly improved the team in the time he's been here and if we don't pay for a decent coach, we'll always have a losing football team. Obviously the majority of posters so far seem anti-sports and that's cool (for you to have that opinion) but sports aren't going away and I'd rather have a winning record that to be forever the butt of jokes. I just wish people would start giving Coach Mangino and the KU football program a little more respect.

yourworstnightmare 8 years ago

I think Self is a fine coach. However, his record in the NCAA tournament with KU is cause for concern. Two first-round losses in a row in the tournament is bad, even given the good regular seasons. Like it or not, the regular season in basketball is of not much import; the tournament is where it matters.

The relationship of the athletic department to the university is a complicated one. Saying that the athletic department is completely seperate is not quite true. KU still pays alot of the bills of the athletic department (facilities, utilities, some salaries), and the AD brings alot of cash to campus (although it is unclear how much of that filters out to the greater university).

Jackalope 8 years ago

Let's see . . the football coach has had only mediocre seasons the past few years. The basketball coach has at least made into the playoffs. The football coach get 1.5 mil per year and the basketball coach gets only about 1.4. It this salary set by record or by weight? Or was the record weighted? Or something like that. In any event a previous poster was correct. It is an obscene amount of money for a mere game.

KS 8 years ago

Two losses in the first round of post season and this is the reward? Wow! What would he get for just showing up? Too much money in college sports. I guess ole Lew will get a raise too. Something to pay for his new Corvette!

MileHighJayHawk 8 years ago

hitme - have you ever watched a good college basketball game in your life. The FL KU matchup was a great one with 10 great players on the court at all times. Calling Self a horrible coach at 78-25 with KU just shows your stupidity.

penguin 8 years ago

bankboy has it right.

The mens bball team essentially pays for a good chunk of the athletics dept. Without it there would not be as many women and non revenue supports without a massive jump in the Women and Non Revenue sports student fee.

Increased tuition has nothing to do with athletics. Athletics is governed by the Chancellor and the KUAC (KU Athletics Corp.). So when they say athletics is a business its because it is structured that way, hence the corporation.

Oh well I guess it is just easier to assume KU has just a giant pot of money that everyone draws from, but that is just not true...there are many entities.

ruby2 8 years ago

i was disappointed to see that he's staying. we've had horrible performance in the tournament, not to mention he's made a mockery of ku basketball bringing hooligans like giles here.

ranger73 8 years ago

Centrist-Take a look at some of the other schools just in the Big 12, like Texas and Nebraska-The difference is the cash cow is the football teams, but those are huge financial cash cows for the schools. the money generated by just participating in a BCS bowl game by a football team is huge, not to mention all the money they get for tv appearances. The good thing about that is some of that money is divided between all 12 teams of the Big 12. Bill Self's new contract is still fairly low, I believe, compared to some of the other big name coaches at high profile schools like North Carolina, UCLA, Duke, Kentucky, etc. And for those of you who are poo pooing Bill Self's recruiting, don't forget some of the players Roy I'm Staying Williams brought in...remember Lester Earl? If you want to get upset about anyone's contract-pile on Lew Perkins for extending Mangino's contract, which was promptly followed up by a stunning 6-6 record and a sound thrashing by Mizzou.

jonas 8 years ago

"Posted by Centrist (anonymous) on November 30, 2006 at 3:27 p.m. (Suggest removal)

Never mind, I can see that you KU nuts will support the team no matter what ;)"

Well, it COULD just be that you made a wholly ignorant comment, both on the nature of financing a university as a whole and the the various parts of it that more or less function independently of each other, but yeah, it could be that everyone else just blindly supports a sports team.

"But hey, it's not the NFL."

That's true, college basketball is far superior to the NFL.

chapdaddy 8 years ago

"This is an outrage. Self is a HORRIBLE coach. If they want to keep him as a recruiter, that fine, but HIRE A COACH!"

Funny, for those of us old enough to remember, people were saying the same thing about ole what's-his-name who left for Nawth Caaraliner.

BigAl 8 years ago

hitme.... How does a bad coach win the Big12 two out of three years and even the third year, finish second? By the way, I also believe he was named Coach of the Year in the Big12 last year.

You seem to think you know more than other Division I coaches, A-D's, actual stats and win-loss records.

Please keep posting. Your ignorance is a shining example of the "home schooling" results of education.

Commenting has been disabled for this item.