KU Kansas signs Self to new 10-year, $30 million contract

Coach · 08-06-2008, 04:17 PM

Haven't seen this posted. If a repost, deal with it.

http://sports.espn.go.com/ncb/news/story?id=3522480

Kansas coach Bill Self had his turn Wednesday in what can now officially be called a trend.

Self, who was pursued by his alma mater Oklahoma State after the Jayhawks won the national title in April in San Antonio, signed a new 10-year contract, retroactive to April 1, that will pay him $3 million a year and keep him at the school until March 31, 2018. Kansas released the details of the contract Wednesday.

A year ago, Florida's Billy Donovan won the NCAA national title, turned away a suitor in Kentucky, signed and then rescinded a deal with the Orlando Magic and ultimately signed a six-year, $3.5 million deal with the Gators.

Whoever wins the title in 2009 may be in for a similar deal, too, if this trend continues.

Self's new overall package increases his salary from the current $1,610,600 a year. The contract has a base salary of $229,900, an additional professional services package of $2,270,100 and a retention payment of $500,000 (after taxes) per year, if he remains each year of the contract.

Self's base salary didn't change from the old contract, but the personal services portion was previously $1,155,700 and his retention payment was $225,000.

Kansas was clear in its release that no tuition dollars or state funds were used in the raise, but that the money came from private resources.

Kansas athletic director Lew Perkins told ESPN.com in San Antonio before and after the Jayhawks won the title that he was never worried he would lose Self to Oklahoma State. Wednesday, Perkins issued a statement saying he was "thrilled that Bill will be our coach for years to come. He has done a tremendous job leading the Kansas men's basketball program both on and off the court; there's no one I'd rather have at the helm of the Kansas program."

Self, who wasn't available for comment Wednesday, said in the same statement that he was thankful to the school, president and athletic director for the confidence in him, then added that he "cannot imagine a better place to play, or to coach, than the University of Kansas. My family and I look forward to being part of the Kansas and Lawrence communities for many years to come."

Kansas lost six of its top eight players from last season's title-winning team. Five of the six -- juniors Brandon Rush and Mario Chalmers, sophomore Darrell Arthur and seniors Darnell Jackson and Sasha Kaun -- were selected in the two-round NBA draft in June. The Jayhawks will be led by returnees Sherron Collins and Cole Aldrich, as well as a stellar seven-player newcomer class.

Andy Katz is a senior writer at ESPN.com.

BWillie · 08-06-2008, 04:17 PM

Take that Boone Pickens..take that take that take that

teedubya · 08-06-2008, 04:30 PM

Rock ****ing Chalk, bitches.

**007** · 08-06-2008, 04:31 PM

Damn!! Nice contract.

Silock · 08-06-2008, 06:30 PM

Bill Self in Lawrence for the next decade. That just brings a smile to my face.

Mainly because you can hear the collective "Aw, ****," from KSU, MU and the rest of the Big 12.

teedubya · 08-06-2008, 06:47 PM

2 more championships in those 10 years?

ROYC75 · 08-06-2008, 06:48 PM

Quote:

Originally Posted by BWillie007

Take that Boone Pickens..take that take that take that

I'm sure Boone is really upset, he just saved 5 mil a year for 20 years .

**Skip Towne** · 08-06-2008, 06:52 PM

KU has really loosened up the athletic purse strings. Didn't they just spend 30 mil on football facilities.? They are finally getting serious.

**DeezNutz** · 08-06-2008, 07:02 PM

Good for KU for keeping one of the best coaches in the country.

Good for Boone Pickens for being able to afford even more windmills.

Boon · 08-06-2008, 07:18 PM

Quote:

Originally Posted by Ari Chi3fs

2 more championships in those 10 years?

Man wouldn't that be sweeeeet!

Reerun_KC · 08-06-2008, 07:22 PM

Suck it Boone Pickens!

**doomy3** · 08-06-2008, 07:44 PM

AWESOME!!

Deberg_1990 · 08-06-2008, 07:50 PM

Anyone miss Roy Williams?

Silock · 08-06-2008, 07:54 PM

Quote:

Originally Posted by Deberg_1990

Anyone miss Roy Williams?

Who?

**gblowfish** · 08-06-2008, 08:16 PM

Maybe he can pay someone to keep Collins off the elevator.

08-06-2008, 04:17 PM
Coach Champs! Join Date: Mar 2004 Location: Kansas City Casino cash: $5708476	Kansas signs Self to new 10-year, $30 million contract Haven't seen this posted. If a repost, deal with it. http://sports.espn.go.com/ncb/news/story?id=3522480 Kansas coach Bill Self had his turn Wednesday in what can now officially be called a trend. Self, who was pursued by his alma mater Oklahoma State after the Jayhawks won the national title in April in San Antonio, signed a new 10-year contract, retroactive to April 1, that will pay him $3 million a year and keep him at the school until March 31, 2018. Kansas released the details of the contract Wednesday. A year ago, Florida's Billy Donovan won the NCAA national title, turned away a suitor in Kentucky, signed and then rescinded a deal with the Orlando Magic and ultimately signed a six-year, $3.5 million deal with the Gators. Whoever wins the title in 2009 may be in for a similar deal, too, if this trend continues. Self's new overall package increases his salary from the current $1,610,600 a year. The contract has a base salary of $229,900, an additional professional services package of $2,270,100 and a retention payment of $500,000 (after taxes) per year, if he remains each year of the contract. Self's base salary didn't change from the old contract, but the personal services portion was previously $1,155,700 and his retention payment was $225,000. Kansas was clear in its release that no tuition dollars or state funds were used in the raise, but that the money came from private resources. Kansas athletic director Lew Perkins told ESPN.com in San Antonio before and after the Jayhawks won the title that he was never worried he would lose Self to Oklahoma State. Wednesday, Perkins issued a statement saying he was "thrilled that Bill will be our coach for years to come. He has done a tremendous job leading the Kansas men's basketball program both on and off the court; there's no one I'd rather have at the helm of the Kansas program." Self, who wasn't available for comment Wednesday, said in the same statement that he was thankful to the school, president and athletic director for the confidence in him, then added that he "cannot imagine a better place to play, or to coach, than the University of Kansas. My family and I look forward to being part of the Kansas and Lawrence communities for many years to come." Kansas lost six of its top eight players from last season's title-winning team. Five of the six -- juniors Brandon Rush and Mario Chalmers, sophomore Darrell Arthur and seniors Darnell Jackson and Sasha Kaun -- were selected in the two-round NBA draft in June. The Jayhawks will be led by returnees Sherron Collins and Cole Aldrich, as well as a stellar seven-player newcomer class. Andy Katz is a senior writer at ESPN.com.
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08-06-2008, 04:17 PM	#2
BWillie El Gato Gordo Loco Join Date: Apr 2006 Location: Earth Casino cash: $2001241	Take that Boone Pickens..take that take that take that __________________ Who wants free money? Use the link below to sign up at Bovada, BetOnline, Black Chip Poker and Ignition. Contact me for private deals, spot bonuses, possible rakeback or any questions! Bovada, Ignition, BetOnline, Black Chip Poker: baldeaglepoker.com Bovada Poker is back! Get up to $500 poker deposit bonus.
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08-06-2008, 04:30 PM	#3
teedubya Most Valuable Poster Join Date: Oct 2003 Casino cash: $9460002	Rock ****ing Chalk, bitches.
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08-06-2008, 04:31 PM	#4
007 Shaken. Not stirred. Join Date: Sep 2002 Location: London Casino cash: $13890126 VARSITY	Damn!! Nice contract. __________________ My dear girl, there are some things that just aren’t done. Such as, drinking Dom Perignon ’53 above the temperature of 38 degrees Fahrenheit. That’s just as bad as listening to the Beatles without earmuffs.
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08-06-2008, 06:30 PM	#5
Silock MVP Join Date: Dec 2006 Location: Overland Park Casino cash: $10020882	Bill Self in Lawrence for the next decade. That just brings a smile to my face. Mainly because you can hear the collective "Aw, ****," from KSU, MU and the rest of the Big 12.
Posts: 19,908

08-06-2008, 06:47 PM	#6
teedubya Most Valuable Poster Join Date: Oct 2003 Casino cash: $9460002	2 more championships in those 10 years?
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08-06-2008, 06:52 PM	#8
Skip Towne Supporter Join Date: Apr 2001 Location: T-Town Casino cash: $10004900	KU has really loosened up the athletic purse strings. Didn't they just spend 30 mil on football facilities.? They are finally getting serious.
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08-06-2008, 07:22 PM	#11
Reerun_KC Rock Chalk Jayhawks! KU!!! Join Date: Aug 2005 Casino cash: $8281160	Suck it Boone Pickens!
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08-06-2008, 07:44 PM	#12
doomy3 Supporter Join Date: Aug 2005 Casino cash: $5073539	AWESOME!!
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08-06-2008, 07:50 PM	#13
Deberg_1990 In Search of a Life Join Date: Jan 2004 Location: San Antonio Tx. Casino cash: $3584454	Anyone miss Roy Williams? __________________ Originally Posted by Cassel's Reckoning: Matt once made a very nice play in Seattle where he spun away from a pass rusher and hit Bowe off his back foot for a first down. One of the best plays Matt has ever made.
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08-06-2008, 08:16 PM	#15
gblowfish Be Kind To Your Pets Join Date: Jun 2002 Location: Glorious Independence, MO Casino cash: $17596178 VARSITY	Maybe he can pay someone to keep Collins off the elevator.
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