December 20, 2014
Mike Anderson has signed a seven-year deal to remain Missouri's basketball coach.
The school announced Tuesday that the third-year coach and university officials signed the contract a day earlier. He will make an annual base salary of $1.35 million. That's a $500,000 yearly increase from his previous deal.
Various incentives could boost his annual pay to as much as $2.1
million. But Anderson would reach amount only by winning a national
Anderson would earn an extra $200,000 annually in deferred income if he stays at least four years. If he leaves for another job, Anderson or his new employer would have to pay Missouri up to $550,000.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.