If Georgia State’s men’s basketball team were to have the best season in school history on and off the court, which would include a national championship, coach Ron Hunter could receive more than $1.6 million in compensation in 2013-14. The total would change in subsequent years.
That total is the sum of salary, allowances and bonuses noted in the new contract signed last week. A copy of the contract, which expires April 30, 2018, was obtained by the AJC through an Open Records Request.
Here is a breakdown of that total, with other details from the contract:
$400,000 base salary (the salary increases from $350,ooo to $400,000 on May 1, 2013. After April 30, 2014, a new base salary shall be negotiated for the remaining four years.
$6,000 automobile allowance
$4,000 apparel allowance
$2,000 club membership in Commerce Club
$50,000 Appearance agreement for radio/TV/internet shows
$462,000 in annual salary, allowance and appearance fees
$1,150,000 sum total of maximum allowance bonuses for on-the-court performances. This is the largest amount in the $1.6 million and obviously the toughest to reach. The bonuses range from $25,000 for winning the conference during the regular season to $500,000 for winning the national championship. The team has made the NCAA tournament twice in its history, advancing to second round once.
$5,000 if the team’s GPA is 2.8 or higher and the team has no more than zero APR points.
$7,500 highest achievable bonus for team’s academic performance. If the team’s multi-year Academic Progress Rate is greater than 975, Hunter receives that bonus. If the team’s APR is between 930 and 940, he receives $2,500. It escalates up to the maximum amount. The team had an APR of 971 last year, which would result in a bonus of $5,000.
$15,000 student-athlete conduct bonus. If no member of the team either accepts responsibility for violating any academic, disciplinary or other polices in the University’s Code of Conduct or is found to have violated any of those policies, Hunter receives that $15,000 bonus.
So, if the Georgia State men’s basketball program were to have the best year in its history, Hunter could earn as much as $1,639,500 in one year.
If Georgia State were to fire Hunter without cause, he would owed:
$2,100,000 July 1, 2012-April 30, 2013
$1,750,000 May 1, 2013-April 30, 2014
$1,400,000 May 1, 2014-April 30, 2015
$1,050,000 May 1, 2015-April 30, 2016
$700,000 May 1, 2016-April 30, 2017
$350,000 May 1, 2017-April 30, 2018
If Hunter terminates his employment, he would owe:
$750,000 July 1, 2012-April 30, 2013
$700,000 May 1, 2013-April 30, 2014
$650,000 May 1, 2014-April 30, 2015
$600,000 May 1, 2015-April 30, 2016
$550,000 May 1, 2016-April 30, 2017
$500,000 May 1, 2017-April 30, 2018
– Doug Roberson, AJC. Please follow me on twitter @ajcgsu