|
Guaranteed money in new contract.
By Steve McGehee
Bob Huggins doesn't coach for the money, he does it because he loves to teach the game. West Virginia's basketball teacher will be taken care of financially.
Details on his new contract were released on Tuesday. Huggins will earn at least 20 million dollars (guaranteed) over the next 10 years in his lifetime contract.
The West Virginia graduate will earn around 1.5 million dollars this year. He will have a bump in his salary each season, a minimum of $100,000 each season.
His contract is laced with incentives. For instance, Huggins will receive $50,000 if the Mountaineers make it to the NCAA National Title Game. A Big East Tournament title is worth $20,000.
An appearance in the NCAA Tournament will give him $10,000.
His contract has a $4 million dollar buyout clause, the buyout stays the same during the new 10 year contract extension with the mountaineers.
Copyright 2010 West Virginia Media. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
|
|
|
|