The University of Kansas and head men’s basketball coach Bill Self have agreed to a contract designed to keep Self at KU through the 2021-22 season.
In order for Self to earn the maximum amount of the contract, including retention bonuses, he must remain as head coach at KU through the 2021-22 season. As with his previous contract, no taxpayer or tuition funds will be used to pay this new contract.
Self’s current contract, which runs through June 2018, pays him $3.376 million, including base salary and annual service payments, as well as retention payments that are payable in 2013 and 2018.
The new contract pays Self $3.856 million annually, an increase of some $480,000 per year. In addition, Self will earn a second retention bonus of $876,000 per year, payable in 2015 and 2018. That second retention bonus is replaced in 2019 by an agreement to pay Self a one-time sum of $6 million if he remains KU’s coach through March 2022.
The contract also includes the following incentives:
• Regular-season conference championship ($50,000). • Conference postseason tournament championship ($25,000). • AP Coach of the Year ($100,000). • Final Four appearance ($150,000). • NCAA Championship ($200,000).
