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Archive for Tuesday, March 27, 2012

What advancing in the NCAA Tournament means, financially, to Bill Self

March 27, 2012

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As Bill Self’s Jayhawks keep advancing in the NCAA Tournament, the head coach’s contract calls for him to earn several bonuses on top of his already-guaranteed $3 million per year.

Self’s contract includes several provisions that trigger bonus payments for him.

He already has two bonuses in the bag this year. The Big 12 regular season conference title earned him $50,000. And when his team went on a 12-0 run to send North Carolina packing on Sunday, that Final Four berth earned Self another $100,000.

A few other bonuses might be in reach, too. If Self wins The Associated Press’ Coach of the Year award, he gets another $50,000. He won it once before, in 2009, and he has already been named as the Sporting News Coach of the Year this year.

The biggest bonus comes with the biggest prize: If his team goes to New Orleans and wins two more games, Self will earn another $200,000 for a national title.

Comments

rockchalker52 2 years, 8 months ago

Oh, ok. Persistence is the key to success.

Joe Berns 2 years, 8 months ago

And the kids, who are just trying to survive on their scholarships, get nothing, yet they are the ones who are making it happen.

The NCAA needs to pay their athletes since they make so much money for the association and the colleges.

rtwngr 2 years, 8 months ago

I don't have a problem with a stipend, I suppose, but how much is a four year degree worth in terms of room, board, books, materials, tutorial help, and, not to mention, what they have in terms of a future when they leave?

bendover61 2 years, 8 months ago

No problem as long as the program is financially self (ha ha) sufficient. A big problem with programs that don't carry their weight. Not just athletic programs but academic as well.

FlimFlamMan 2 years, 8 months ago

Even with those bonuses Bill's salary will fall short of what some universities pay. As far as I'm concerned Bill deserves the top salary.

Richard Payton 2 years, 8 months ago

Each win brings more money to Lawrence and the University. Each win allows the University of Kansas to market itself to a national audience. Lawrence benefits from more food and merchandise being sold which means more sales tax revenue.

clarkk 2 years, 8 months ago

The Hawks are doing great. As far as Bill Self's financial status, it's fine for the bonus', but to be paid 3 Million a year, is far beyond where is should be. Mr. Self is a great coach, but no one deserves to be paid 3 million a year. I don't care how great they think they are. Wouldn't it be nice for the students to get a bonus. They're the ones doing all the work.

Quantrillsghost 2 years, 8 months ago

Can you or I coach like Bill Self? I don't think so, he deserves every red cent. Those "kids" playing for the team have a great opportunity playing for the basketball program at the Univ. of Kansas and they know this. Go KU!!!

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