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Alford's compensation package, new vs. existing

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A comparison between Lobo head coach Steve Alford’s new and old compensation packages. For a full story about the contract read:

New 10-Year Contract for UNM Coach Alford

 

 
 

New Existing
Base salary $564,200.04  $324,200.04
Other compensation (Media, community affairs obligations, etc.) $600,000.00 $600,000.00
Deferred compensation (Retirement plan) $100,000.00 $100,000.00
Total before incentive  $1,264,200.04  $924,000.04
Incentives
1. Conference regular season championship $50,000.00 $30,000.00
2. Conference tournament championship $50,000.00 $30,000.00
3. Mountain West Coach of the Year $10,000.00 $10,000.00
4. NCAA Tournament berth $20,000.00 $20,000.00
5. 20-win season DELETED $10,000.00
6. Final RPI ranking in top 50 DELETED $10,000.00
7. Final strength of schedule in top 100 DELETED $10,000.00
8. Team GPA above 2.7 $15,000.00 $15,000.00
9. Beat a Top 25 team at time of game $15,000.00 $15,000.00*
10. Sweet 16 appearance $60,000.00 $50,000.00
11. Elite Eight appearance $75,000.00 $50,000.00
12. Final Four appearance $125,000.00 $100,000.00
13. National championship $250,000.00 $250,000.00
14. National coach of the year $25,000.00 $25,000.00
* Now caps at three such bonuses a season
Bonuses: $700,000-plus possible

 

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