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Friday, May 11, 2007

Henrickson to earn $635,000

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Details of Kansas University women's basketball coach Bonnie Henrickson's new contract were made public on Thursday, several weeks after KU officials confirmed a new deal was agreed to.

And Henrickson, who just completed her third year at KU, is getting a whopper of a raise.

Kansas Athletics, Inc., will pay Henrickson a base salary of $220,000 per year, plus additional payments that will bring her total compensation to $635,000 a year.

The additional payment will come with services such as media appearences and other public-relations and promotional functions.

The $635,000 is quite a bit more than her first contract, which totaled $380,000 and included a base salary of $130,000. But the reasoning is twofold, according to athletic director Lew Perkins

"First off, we're trying to send a message that women's basketball is important to us at Kansas," Perkins said Thursday. "Secondly, Bonnie has done a great job here, and we want to show our support to her."

Perkins researched the contracts for the rest of the coaches in the Big 12 before negotiating the deal. He said Henrickson will be in the top half of the league in terms of compensation - which not only benefits Henrickson, but gets the word out on KU's commitment toward women's hoops.

In addition to the annual income, Henrickson once again has a retention agreement that would pay her an additional $150,000 per year if she remains as KU's coach through March 31, 2011.

Henrickson is 40-49 in her three years at Kansas, including an 11-20 mark this past season with one of the youngest teams in the Big 12. Still, the Jayhawks peaked late, winning five of their last seven regular-season games and beating NCAA Tournament team Oklahoma State in the Big 12 tournament.

Comments

FlaHawk 13 years, 8 months ago

Coach Bonnie has one of the sweetest deals in the USA! She will be here three years (after 2007-8) and still have a lossing record and almost double her salary. Not a bad deal!

John Thomas 13 years, 8 months ago

Let's see, we had another losing record and need an answer. I know, double the coaches salary. That'll take care of it.

John Strayer 13 years, 8 months ago

Progress people, progress.

You don't turn a program around on a dime. It takes time. Mark up last year's losing record to a young team being rebuilt from years of neglect.

kucourtsider 13 years, 8 months ago

FlaHawk and dragonhawk will eat their words when that losing record becomes a winning one.

I won't say that Crystal Kemp, Erica Hallman, and Kaylee Brown were terrible basketball players. However, two of the three were not top 25 caliber players.

This team Bonnie is creating is going to be phenomenal. We will get there.

Nutflush21 13 years, 8 months ago

This salary increase is a freaking atroscity. Does KU Womens hoops even make 600K in revenue? I doubt it... Im sure Lew will just jack up prices on the most expensive ticket in the land, KU Mens hoops. Hurry up Lew go schedule more games against the bottom 300, a la Winston Salem State so you can make up for the raise.

Furthermore, what ever happened to coaches earning their raises. Young or not 40-49 overall and 11-20 last seasn does not earn a pay raise. Could anyone imagine this happening in corporate America?

Let's see Jim... You havent done squat since you've been here and your decreased our annual revenue... You deserve a hefty raise!

I think not.

actorman 13 years, 8 months ago

Your points are not all off base, Nutflush, but your last point is DEFINITELY off base. CEO's get rewarded all the time for lousy products. There have been COUNTLESS examples of a CEO presiding over a company that lost millions of dollars, only to be rewarded with a bonus in the tens of millions--while at the same time slashing jobs left and right. This is nothing compared to those kinds of atrocities--or even atroscities.

Mike Young 13 years, 8 months ago

I guess if Bill Self wins a championship he'll get a raise to $4mil

Cornfed 13 years, 8 months ago

If Bill Self wins a title he can have a raise to 4 mill and if Bonnie can win one she can have one to 5 mill!

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