Roy Williams isn’t going anywhere. The national championship-winning coach agreed to a two-year contract extension that will keep him with North Carolina through the 2020 season. According to the stipulations of the contract, Williams will earn a meager base salary by college basketball standards, but has the potential to be more than $3 million a year when you factor in supplemental compensation and bonuses.
From ESPN:
The North Carolina Tar Heels extended the contract of coach Roy Williams for two years through the 2020 season, it was announced Friday.
The school announced terms of the deal Friday. The deal will pay Williams a base salary of between $408,169 this fall and $595,409 in 2019-20, and supplemental compensation ranging from $1.55 million this fall and $1.75 million in the final year. There’s also a $40,000 annual expense account, along with outside contracts with Nike and for multimedia obligations.
Williams, who had three years remaining on his previous contract, also could earn an addition $1 million each season in NCAA tournament incentives.
“I’ve said I want to coach another six to 10 years, so this contract takes me right to the edge of that, which is good,” Williams said in a statement released by the university. “I appreciate the confidence Chancellor (Carol) Folt and (UNC ahtletic director) Bubba Cunningham have in my leadership of the basketball program. They’ve demonstrated that with this contract extension, and with their support over the past several years, which have been a challenge for all who love Carolina as I do. I thank them on behalf of our basketball program and me personally.”
