Auriemma Signs New Contract For $2-million Per Year Plus Bonuses
UConn women’s basketball coach Geno Auriemma has signed a 5-year contract with the school. He will make about $2-million dollars per year.
The contract will run through the 2017-18 season.
In recent years, UConn has lost successful coaches at its other most-followed sports, with the retirement of Jim Calhoun as men’s basketball coach, and the departure of football coach Randy Edsall for Maryland.
“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 said in a written statement from the school.
The coach started at UConn in 1985. The team has won seven NCAA championships during his tenure.
Auriemma’s compensation increases each year of the contract, starting at $1.95-million in 2013-14 and reaching $2.4-million in 2017-18. Those numbers include payment for speaking engagements.
Auriemma will also be paid bonuses for winning a conference regular season championship or a conference post season tournament, making the NCAA tournament, advancing to the sweet 16, advancing to the Final Four, winning the NCAA Tournament, or winning conference or national coach of the year awards.
If he retires at the end of the contract, he either gets a million dollars, or a $300,000 a year job with the university’s athletic department.