Current:Home > MyLSU, women's basketball coach Kim Mulkey agree to record 10-year, $36 million extension-LoTradeCoin
LSU, women's basketball coach Kim Mulkey agree to record 10-year, $36 million extension
View Date:2024-12-24 07:52:02
LSU and women's basketball coach Kim Mulkey have reached agreement on a 10-year, $36 million contract making her the highest-paid coach at a public school in women's college basketball history.
The terms of the new contract agreement were spelled out in a proposal that was included in the agenda materials for LSU's board of supervisors meeting scheduled for Friday. The contract is expected to be approved at Friday's meeting.
Mulkey will earn $400,000 in base salary in each year of the contact, the agreement says. She will also earn $2.75 million in supplemental income in the first year, making her total compensation for the upcoming season $3.15 million.
The amount of supplemental income is scheduled to increase by $100,000 in each of the following nine years. In the final year of the deal, that amount will be $3.65 million. The total compensation of base pay and supplemental income equals $36 million if she coaches through the entire contract that runs until June 30, 2033.
The agreement also details what each side would owe the other if the deal is terminated prematurely without cause. Mulkey will be paid $2 million by LSU if she is fired without cause. She would owe a $2 million buyout if she leaves early, though the school could waive the amount at its discretion.
Mulkey, 61, a three-time AP coach of the year, led the Tigers to the national championship in only her second season at the school. She won three national championships at Baylor and left after 21 seasons to come back home to her native Louisiana.
LSU is loaded and is expected to be a top-ranked team this season as they bring back All-America forward Angel Reese, who was the Final Four's Most Outstanding Player.
The Tigers added transfers Aneesah Morrow from DePaul, who averaged 25.7 points and 12.2 rebounds last season, Louisville's Hailey Van Lith, an almost-20-points-per-game scorer and the nation's No. 2 overall recruit in guard Mikaylah Williams.
Contributing: Steve Berkowitz
veryGood! (672)
Related
- Robert F. Kennedy Jr. has a long record of promoting anti-vaccine views
- Sofía Vergara Undergoes Dramatic Transformation for First TV Role Since Joe Manganiello Divorce
- A Georgia state senator indicted with Trump won’t be suspended from office while the case is ongoing
- As UAW strike begins, autoworkers want to 'play hardball'
- Garth Brooks wants to move his sexual assault case to federal court. How that could help the singer.
- Princess Diana’s sheep sweater smashes records to sell for $1.1 million
- Michigan police say killer of teen in 1983 is now suspect in girl's 1982 murder; more victims possible
- How indigo, a largely forgotten crop, brings together South Carolina's past and present
- Forget the bathroom. When renovating a home, a good roof is a no-brainer, experts say.
- In wildfire-decimated Lahaina, residents and business owners to start getting looks at their properties
Ranking
- Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prison
- Missing 10-year-old found dead with gun shot wound in West Virginia
- Hawaii officials say DNA tests drop Maui fire death count to 97
- Jeezy Files for Divorce From Jeannie Mai After 2 Years of Marriage
- Florida man’s US charges upgraded to killing his estranged wife in Spain
- The cost of damage from the record floods in Greece’s breadbasket is estimated to be in the billions
- See Ariana Madix Lay Down the Law in Trailer for Her First Acting Role Since Scandoval
- U.N. says most Libya flooding deaths could have been avoided, as officials warn the toll could still soar
Recommendation
-
LSU leads college football Week 11 Misery Index after College Football Playoff hopes go bust
-
Police group photo with captured inmate Danelo Cavalcante generates criticism online
-
Special counsel Jack Smith argues Judge Tanya Chutkan shouldn't recuse herself in Trump case
-
How 'El Conde' director Pablo Larraín uses horror to add thought-provoking bite to history
-
Tua Tagovailoa tackle: Dolphins QB laughs off taking knee to head vs. Rams on 'MNF'
-
Watch: TSA agents in Miami appear to steal passenger items; what they're accused of taking
-
A New Mexico man was fatally shot by police at the wrong house. Now, his family is suing
-
Wagner Group designated as terrorist organization by UK officials