Thursday, May 16, 2024

Kansas’ Bill Self signs new $53 million contract making him college basketball’s highest paid coach



Kansas introduced an amended five-year rolling contract Tuesday that may make Bill Self the highest paid coach in college basketball. Self is about to make roughly $53 million over the following 5 years in step with the amended contract released by KU

Self shall be paid greater than $13 million within the contract’s first yr. Kentucky’s John Calipari was once paid $8,533,483 in 2022-23 in step with USA Today. Self’s deal is assumed to be probably the most profitable deal ever for a basketball coach at a public college. 

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Among the main points on Self’s wage from the amended contract:

  • At the realization of every contract yr, some other yr is added to the deal. 
  • Self will earn a one-time, $5 million retention bonus if he serves out the primary 5 years of the contract. 
  • Self’s deal additionally features a provision in his contract that permits the renegotiation of phrases following the 2025-26 season. 

Self, 60, has gained 773 video games, two nationwide championships and 20 convention championships in his Naismith Hall of Fame profession spanning 30 seasons. The Jayhawks have gained 498 video games for the reason that get started of the 2006-07 season, which is probably the most of any staff in a big convention. Kansas has been a top-four seed in each and every NCAA Tournament for the reason that 2000-2001 season.

“I am very appreciative to Chancellor (Douglas) Girod, Travis Goff and the entire KU leadership team for their continued belief and confidence in me and my staff to lead this storied program,” Self said in a release. “I know the Chancellor and Travis are as excited as I am about the future of Kansas Basketball. There has never been a better time to be a part of our athletic department and this program. My family and I are so proud to be at this university, and I am looking forward to many more seasons representing the most passionate fan base in the country. There’s no place like Kansas.”

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Kansas, the No. 1 staff within the AP Top 25 preseason ballot, spread out the 2023-24 season with a blowout 99-56 win North Carolina Central. Michigan switch Hunter Dickinson completed with 21 issues, 8 rebounds and 5 assists within the 51st consecutive home-opening win.

Interesting timing

In April 2021, Self signed a life-time contract with Kansas that assured a wage of over $5.41 million in step with yr and a clause that stated the college can not hearth him for any present infractions subject that comes to habits “on or prior to the signing of the deal.” Just closing month, the Independent Resolution Panel (IRP), a judicial board a part of the Independent Accountability Resolution Process (IARP), dominated this system must vacate 15 of its wins from the 2017-18 season. The vacated wins comprises putting off any formal acknowledgment of its 2018 Final Four look. 

Kansas is regarded as some of the favorites to win the nationwide championship this season and Self is arguably the highest energetic coach within the nation. The timing of the contract is fascinating for the reason that five-year contract did not want to be checked out for a couple of extra seasons (I imply, it is a “lifetime” contract!). Nonetheless, Self is now the highest paid coach within the recreation in the interim. Because of the way in which the previous few seasons have long gone at Kentucky beneath Calipari, do not be expecting him to visit his bosses anytime quickly for a carry to surpass Self’s wage.

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How lengthy will a ‘lifetime’ be for Self?

Self had a well being scare proper sooner than the Big 12 Tournament closing season which pressured him to leave out the NCAA Tournament solely. Self recently sits 415 wins at the back of former Duke coach Mike Krzyzewski’s 1,202 wins for No. 1 at the NCAA’s all-time record and he would want to moderate about 30 wins the following 14 seasons with the intention to cross Coach Okay. Self is 27 wins clear of becoming a member of the 800 win membership and if Kansas lives as much as its preseason billing, Self will have to get it someday round Big 12 play later this season. 

Self formally had 787 wins after closing season, however 15 of the ones had been vacated proper sooner than the beginning of the season because of the NCAA infractions. The simplest energetic coaches who recently have extra wins than Self are Calipari and Tennessee’s Rick Barnes. Coach Okay retired at age 75 years previous and Self will undoubtedly have an opportunity to trace him down if the Kansas program wins at a prime fee for the following 15 years.



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