Kansas coach Bill Self signs richest college basketball contract ever given by a public university
Written by worldOneFm on November 7, 2023
Kansas coach Bill Self signed a lifetime contract Tuesday that will pay him $53 million over the first five years, easily surpassing Kentucky coach John Calipari for the richest deal ever given to a college basketball coach at a public university.
Self will make more than $13 million this season in base pay, professional services and royalties along with a one-time signing bonus and retention payments, including some that were deferred during the pandemic. At the conclusion of each year, another is added to the deal, and Self will earn a one-time, $5 million retention bonus if he serves out the first five.
The deal includes a provision that allows the renegotiation of terms, including Self’s pay package, after the 2025-26 season. It already surpasses the deal signed by Calipari that will pay him $8.5 million to lead the Wildcats this season.
“Bill Self is undoubtedly the most consistent coach in college basketball, and a restructuring of his contract terms were long overdue,” Kansas athletic director Travis Goff said. “In an ever-changing collegiate athletics environment, our strong commitment to Coach Self positions KU basketball to maintain and enhance its status as the most storied program in the country.”
The top-ranked Jayhawks opened this season by routing North Carolina Central on Monday night.
AP
Kansas head coach Bill Self calls directions to his team during the first half of an NCAA college basketball game against North Carolina Central in Lawrence, Kan., Monday, Nov. 6, 2023. (AP Photo/Reed Hoffmann)