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Dawn Staley's Contract Extended and Raised

 
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Conway Gamecock



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PostPosted: 06/19/15 11:00 am    ::: Dawn Staley's Contract Extended and Raised Reply Reply with quote

Her Contract was extended 2 years through the 2020-2021 season:

Quote:
Under the terms of the new deal, Staley’s base pay was raised from $350,000 to $550,000. Like her last contract, her media compensation ($500,000 per year beginning with the 2013-14 season) will continue to add $25,000 per season.

Staley is set to make $1.1 million next season without bonuses. She would make $1.225 million in the final year of her deal.

Her buyout would be $1 million if she terminates the contract in the current year. It will drop to $800,000, then $700,000, then $400,000, then $250,000 for the final years of the deal.

Read more here: http://www.thestate.com/sports/college/university-of-south-carolina/usc-womens-basketball/article24969238.html#storylink=cpy


Last season Staley was the 3rd-highest paid HC in the SEC for wcbb, behind TAMU's Blair and UK's Mitchell. Staley earned $875,000 in guaranteed salary (base + supplemental), then earned a $200K bonus for reaching the Final Four that pushed her total compensation past 1 Million. She was still the lowest-paid HC in the Final Four last season, trailing both ND's McGraw and MD's Frese who earn north of 1 Million, and UConn's Auriemma who earns north of $2 Million.

Great statement from USC that we want Coach Staley to stay at USC for years to come, and see how far she can keep the train rolling.

Also some more USC BOT news today: USC has awarded the naming rights to Colonial Life Arena to.....Colonial Life Insurance! They will keep their name on USC's basketball venuw for another 10 yrs through 2025. Colonial Life will pay $6.4 Million per year for the privilege. Colonial had been initially out-bid by AFLAC earlier this year, but was given the opportunity to make a counter-bid to keep their name on the building....


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