Geno Auriemma has signed a five-year contract extension, which runs through the 2017-18 season.
March 27, 2013
STORRS, Conn. - University of Connecticut head women's basketball coach Geno Auriemma has signed a new five-year contract with the school that will run through the 2017-18 season.
Auriemma, an inductee into the Naismith Basketball of Fame and the Women's Basketball Hall of Fame, has led UConn to seven NCAA national championships during his storied career. The Huskies have played in 13 Finals Fours under Auriemma, including the last five.
"I would like to thank President Susan Herbst, Director of Athletics Warde Manuel and the entire University of Connecticut community for their continuing commitment to me and my family," said Auriemma. "The last 28 years at Connecticut have been amazing and I am even more energized by what the future holds for our women's basketball program and our athletic department as a whole."
Auriemma came to UConn in 1985 and in that time UConn has played in 21 NCAA Sweet 16s, including 20 consecutive entering the 2013 Bridgeport Regional, which starts on Saturday. The Huskies have won 37 conference championships under Auriemma.
"Geno Auriemma has developed the University of Connecticut women's basketball team into one of the most beloved college athletic programs in the country in any sport," said UConn President Susan Herbst. "I am very pleased that he has signed a new contract, which shows his strong commitment and belief to our University and its Division of Athletics. It is people like Geno who have helped make UConn a strong and vibrant university, one which will continue to grow and excel even more in the future."
"As I have said before, UConn has been great, is great, and will be great in the future and Geno Auriemma is a big reason for that," said UConn Director of Athletics Warde Manuel. "Geno has developed student-athletes that have shown excellence on the court, in the classroom and in the community. His beliefs and values go hand-in-hand with what we all believe our Division of Athletics should strive for in the future."
Auriemma will receive a base salary of $400,000 for each year on the contract, which runs from April 15 to April 14 of each year. In 2013-14, he will receive $1,550,000 for institutional speaking engagements and media related appearances for a total of $1,950,000. The payment for institutional speaking engagements will increase by $110,000 each year, except in the final year when it will increase by $120,000.
Auriemma's total compensation for each year of the contract will be: 2013-14-$1,950,000; 2014-15-$2,060,000; 2015-16-$2,170,000; 2016-17-$2,280,000; 2017-18-$2,400,000.
Auriemma will receive the following payments for postseason performance (all determined by base salary): a half-month for winning a conference regular season championship; a half-month for winning a conference tournament championship; one month for participating in the NCAA tournament; one month for participating in the NCAA Sweet 16; one month for participating in the NCAA Final Four; and two months for winning the NCAA national championship.
Auriemma will receive a half-month for winning a national coach of the year award and one-quarter month for winning a conference coach of the year award. If he wins both, he will receive one payment of half a month.
If Auriemma resigns or retires from the University in good standing following the completion of the new contract in 2017-18, he will be entitled to a payment of $1,000,000 or an appointment at the University for up to five years at a salary of $300,000 with duties as determined by the Director of Athletics.
NOTE: No General Fund (state tax dollars) or tuition monies are used to provide any of the resources for this contract. The Division of Athletics at the University of Connecticut is an Auxiliary Service Fund entity and the sources of revenue include: gate receipts, private fundraising, corporate partnerships, television/radio rights, BIG EAST Conference revenues and NCAA revenues.