CFB: KU's Mangino gets 2 more years, raise $2.3M a year
Associated Press
LAWRENCE, Kan. — Kansas gave coach Mark Mangino a raise and extended his contract two years today, amending his deal to up his compensation to $2.3 million per year.
The contract now runs through 2012.
Mangino, entering his seventh year at Kansas, was The Associated Press Coach of the Year last season. The Jayhawks went 12-1, including a 24-21 victory over Virginia Tech in the Orange Bowl, Kansas' first BCS bowl victory.
Mangino's new deal will pay him $1,770,100 per year for professional services rendered, an increase of $500,000. Those services could include educational, public relations and promotional duties assigned by the athletic director.
Mangino's annual salary of $229,900 remains the same, though he could get additional incentives up to $675,000 in any given year. Mangino also will receive a retention payment of $1.5 million if he remains head coach at Kansas through the end of his contract.
"This is an appropriate award for someone who has done a terrific job with the Kansas football program," Kansas athletic director Lew Perkins said in a statement. "Chancellor Hemenway and I think it's important that we not only reward Mark for the job he's done, but also give him the support and stability he needs to keep this football program a successful and nationally respected program."