The NC State Board of Trustees has approved new contracts for men’s basketball coach Mark Gottfried.
Gottfried’s annual salary remains at $750,000. His supplemental compensation was increased from $450,000 to $1.2 million, which moves him from ninth to third among the 12 ACC men’s basketball head coaches in annual guaranteed compensation. The term of his contract remains unchanged through April of 2018, after having been automatically extended two years by virtue of the Pack’s Sweet 16 appearance last March.
Under Gottfried’s guidance, the Wolfpack earned its first NCAA Tournament berth since 2006 and first Sweet 16 appearance since 2005. NC State’s 24 victories were the most by a Pack squad since 1988 and nine ACC wins marked the most in league play since 2006, tying the Pack for fourth in the final conference standings. Gottfried’s win total was second only to the legendary Everett Case’s 26 victories for Wolfpack coaches in their first season. The wins and his .667 winning percentage were among the nation’s best among first-year coaches.