SPOKANE, Wash (AP) - New Washington State University basketball coach Ken Bone has signed a seven-year contract with starting pay of $650,000 per year, plus incentives.
he contract was released Wednesday after The Associated Press requested it under the state's open records laws.
Bone will be paid a base salary of $200,000. Supplemental income will add $450,000 the first year, $550,000 the second and $650,000 the third year. Additional raises would be negotiated after that, according to the contract.
The contract also includes various incentive payments tied to winning and academic performance by players. They include $100,000 for a national championship, and $50,000 for getting one of the major coach of the year awards.
Tony Bennett, who left after this past season for Virginia, won numerous coach of the year awards after his first season as head coach at WSU. Bennett was paid some $1 million a year when he left.
Bone, who took Portland State to consecutive NCAA tournaments, also received a one-time payment of $74,000 to pay his buyout from Portland State.
His package also includes a country club membership, 14 tickets to each home game, tickets to WSU football games and costs for bringing his wife on road trips.
If Bone leaves early, his buyout clause starts at $500,000, and drops to $300,000 in the final years.