Bruce Weber Receives Contract Extension Through 2018
By Dave Thoman
Kevin Jairaj-USA TODAY Sports
On the heels of a co-Big 12 regular season championship, spot in the Big 12 championship tournament game, and four seed in the NCAA tournament, Bruce Weber has come to terms with the Kansas State Athletic Department in a deal that will add one year to his contract and bring a nice raise. Here are the details of the agreement following the Wildcats’ 27-8 season that included a 14-4 mark in conference play:
- Extension keeps Weber in Manhattan through the 2018 academic year (through June 30, 2018).
- Increases 2013-14 season salary by $250,000, from $1.5 million to $1.75 million.
The $250,000 boost is significant because Weber’s contract calls for him to receive a $100,000 raise every year for five years. This agreement turns $100,000 into an immediate quarter million dollar boost. Additionally, every subsequent year will build upon this new base number. According to the previously established contract, he will receive $1.85 million in 2014-15, $1.95 million in 2015-16, all the way up to $2.15 million in 2017-18.
The extension was unanimously approved by the K-State Athletics, Inc., Board of Directors on Wednesday. His 27 wins were the second most in school history, allowing Weber to bring home the Big 12 Coach of the Year recognition by the league coaches and The Associated Press, as well as the U.S. Basketball Writers Association (USBWA) and National Association of Basketball Coaches (NABC) District Coach of the Year awards.
The conference coach of the year award was significant because it allowed Weber to reopen his contract for negotiation. The University responded swiftly by finding a solution they considered fiscally responsible while still providing the incentive to keep Weber from considering other offers.