Missouri signs basketball coach to seven year deal

By: Associated Press
By: Associated Press

Tuesday April 14, 2009

COLUMBIA, Mo. (AP) -- Mike Anderson has signed a seven-year deal to remain Missouri's basketball coach.

The school announced Tuesday that the third-year coach and university officials signed the contract a day earlier. He will make an annual base salary of $1.35 million. That's a $500,000 yearly increase from his previous deal.

Various incentives could boost his annual pay to as much as $2.1 million. But Anderson would reach amount only by winning a national title.

Anderson would earn an extra $200,000 annually in deferred income if he stays at least four years. If he leaves for another job, Anderson or his new employer would have to pay Missouri up to $550,000.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

Mailing Address: P.O. Box 1212 Augusta, GA 30903 Main Telephone: (803) 278-1212 Newsroom: (803) 278-3111 newsroom@wrdw.com Fax: (803) 442-4561
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 42994872 - wrdw.com/a?a=42994872
Gray Television, Inc.