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Thursday, April 2, 2009

Anderson pact has bonus

Missouri coach Mike Anderson instructs his team in this 2008 file photo.

Missouri coach Mike Anderson instructs his team in this 2008 file photo.

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— Mike Anderson’s new $1.35 million annual contract provides the Missouri coach a healthy raise as well as a big bonus if he stays at the school.

Athletic director Mike Alden told the Columbia Daily Tribune that an additional $1.4 million bonus awaits if Anderson sticks around the full seven years of the deal.

The contract boosts Anderson’s annual salary by $500,000. He will also earn a deferred annual payment of $200,000, but only if he doesn’t leave early and take another job. Performance incentives could increase his yearly earnings above $2 million.

The third-year coach led Missouri to a school-record 31 wins and three NCAA Tournament victories in the school’s first appearance since 2003.

Comments

Ted Toulouse 10 years, 9 months ago

When I saw this title, I thought Anderson might get a bonus for splitting the series with us each year. That WOULD be an accomplishment!

FlaHawk 10 years, 9 months ago

Anderson deserves the pay raise. He ahs turned around the MU program to where a split with the Hawks is conceivable each year. Quinn (the no win) Snyder could not do this on a regular basis and he is gone.

d_prowess 10 years, 9 months ago

Did anyone else think that the offer seemed low given the amount of interest that he had received from other programs?
I actually think the amount it right since he really has only had one good year, but given the market demand, I would have thought they would have paid him more.

frompekka2sasha 10 years, 9 months ago

I always thought it would be cool if KU added a bonus for any coach who beats Missouri. Mangino would receive 100K per victory but Self would only receive 10-15K per victory since he could end up beating them 3 times a season!

Mr_Sandman 10 years, 9 months ago

why would we give Self a bonus for beating Mizzou, that is just an expected outcome when we play them

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