Dawn Staley's Lucrative Contract: Breaking Down the Numbers
Base Salary and Outside Compensation
South Carolina's head women's basketball coach, Dawn Staley, recently signed a seven-year contract extension worth a staggering $22.4 million. The contract includes a base salary of $1 million per year, with the remaining amount coming in the form of outside compensation.
WEB Staley's Salary Structure
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Base Salary: $2 million in the 2022-23 season, increasing by $100,000 each subsequent year *
Outside Compensation: Starting at $19 million in the first year and increasing over time
Dawn Staley's Total Compensation
When combining the base salary and outside compensation, Staley's total compensation for the first year of her contract is estimated to be around $21 million.
Details of the Contract
* The contract covers a seven-year period from 2022-23 to 2028-29. * The base salary portion is guaranteed, while the outside compensation may vary depending on performance and other factors. * The contract includes incentives and bonuses for winning championships, NCAA Tournament appearances, and Coach of the Year honors. * The contract also outlines responsibilities such as coaching, recruiting, and public appearances.
Implications for South Carolina
Dawn Staley's contract extension is a major investment in the South Carolina women's basketball program. The university is signaling its commitment to keeping the successful coach and ensuring her long-term success. Staley's contract is expected to help attract top recruits, retain talented players, and maintain the program's high level of performance.
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