Tar Heels extend Williams contract through 2020

Roy Williams.

CHAPEL HILL – The University of North Carolina has extended head men’s basketball coach Roy Williams’ contract through 2019-20 with deferred compensation up to $1.75 million.

Despite the investigations into academic fraud involving athletes at North Carolina, UNC director of athletics Bubba Cunningham expressed confidence in Williams.

“The University of North Carolina is fortunate to have Roy Williams directing its basketball program and we are proud to extend his contract through the 2020 season,” Cunningham said. “His results on the court over 27 years as a head coach are among the most accomplished in the history of the sport, but his love for the University of North Carolina and the way he cares for his students are truly unmatched. Roy is a man of character and integrity and I have great respect for the way he leads our basketball program.”

Williams’ new contract includes a base salary ranging from $408,169 next year to $595,409 in 2019-20 and an annual expense account of $40,000.

Williams may receive bonus compensation each year for the following:
– $75,000 for the men’s basketball team posting an annual Academic Progress Rate of 975 or higher
– $25,000 for qualifying for the NCAA Basketball Tournament
– $100,000 for advancing to the second round of the NCAA Basketball Tournament
– $150,000 for advancing to the Sweet 16 of the NCAA Basketball Tournament
– $200,000 for advancing to the Elite 8 of the NCAA Basketball Tournament
– $200,000 for advancing to the Final Four of the NCAA Basketball Tournament
– $250,000 for winning the NCAA Basketball Tournament

In addition to University compensation, Williams also has personal contracts with Nike for clothing/apparel and Learfield for multi-media obligations.

Williams, two-time national champion coach, will begin his 13th year as the head coach at his alma mater and his 28th as a collegiate coach. He has a 332-101 record as Carolina’s head coach.

“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. “I appreciate the confidence Chancellor Folt and 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.”

The University also agreed in principle on three-year contracts with and awarded salary increases to head women’s tennis coach Brian Kalbas and head women’s lacrosse coach Jenny Levy.

Copyright 2015 WNCN. All rights reserved.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s