I discussed some of the details of new WKU women’s basketball coach Michelle Clark-Heard’s contract Thursday on Twitter and in my stories for the Daily News, but I wanted to get into it a little more here.
Here’s a look at some of the specifics:
- Base salary of $150,000, plus eligible benefits
- Annual incentive bonuses
– APR of 940+ each academic year = 5% of base salary
– In addition, APR of 960+ each academic year = 5% of base salary
– 1,500 public season tickets sold (first time mark is met) = 5% of base salary
– Each subsequent of 500 season tickets sold = 5% of base salary
– NCAA tournament bid = 10% of base salary
– NCAA Sweet 16 appearance = 10% of base salary
- Contract terms
– Four-year contract starting April 1, 2012
– One-year rollover terms on April 1 of each contract year
– Rollover is subject each year to discretion of athletic director and president
– $250,000 buyout for separation without cause – payable by the terminating party in lump sum
– Scheduling clause – should head coach leave for another Division I head coaching position, the coach agrees to a four-year, home-and-home game series
- Other benefits
– Season tickets for home athletic events
– NCAA tournament tickets when WKU participates
– Use of one automobile with insurance paid by WKU
– Camps operated and managed by head coach and staff
- Clark-Heard will have a $200,000 salary pool to hire her assistant coaching staff, as well as a $60,000 salary pool for her administrative staff.
For the record, 5 percent of Clark-Heard’s base salary is $7,500. Ten percent of her base salary would be $15,000. Plenty of room there to make serious money through incentives.