Details of Levick’s new contract at Georgia State

Georgia State athletic director Cheryl Levick will receive a base salary of $280,000 this year and it will increase in $10,000 increments until reaching $320,000 in 2017, the fifth and final year of the contract extension completed Tuesday. A copy of the contract was obtained by the AJC through an Open Records Request.

Her new base salary would make her one of the highest paid athletic directors in the Sun Belt, according a database of athletic director salaries compiled by USA Today in 2011.

By comparison, Levick’s original contract had a base salary of $220,000 in 2009. It didn’t include any annual increases.

The new contract includes numerous bonuses ranging from on-the-field achievements to off-the-court longevity. It also has a buy-out, should Levick choose to leave, equal to the equivalent of the base salary in the year in which the contract is terminated. For example, if Levick were to leave in year three she would owe to the university and/or Athletic Association $300,000.

If Levick were to be fired without cause, she would be owed the base salary as well as any earned bonuses not yet paid, in the year in which the contract is terminated.

There are the standard termination-for-cause clauses, including material breach of duties, major NCAA violations, violations that result in probation or a finding a lack of institutional control, conviction of a felony or crime that damages the reputation of Georgia State, etc.

Here is a list of the allowances and bonuses in the contract (with a running note about the maximum bonus total that could be reached if Georgia State’s athletics department were to have the best year in the history of college sports):

Annual allowances

$2,500 apparel

$500 automobile

Unknown club membership allowance

Bonuses

APR

$3,500 all team equal or greater than 925

$5,000 all team equal or greater than 930

$7,500 all team equal or greater than 935

$10,000 all team equal or greater than 945

Note: Georgia State’s lowest APR was 949 in the most recent data.

My math: The maximum bonus that can be reached is $10,000.

Cumulative GPA

$3,500 all athletes equal to or greater than 3.0

$5,000 all athletes equal to or greater than 3.1

$7,500 all athletes equal to or greater than 3.25

Note: Georgia State’s student-athletes had a cumulative GPA of 3.03, the university announced earlier this month.

My math: The maximum bonus that can be reached is $7,500, bringing the one-year maximum bonus to $17,500.

Football cumulative GPA

$2,500 if the football athletes’ GPA is equal to or greater than 2.7

$5,000 if the football athletes’ GPA is equal to or greater than 3.0

My math: The maximum bonus that can be reached is $5,000, bringing the one-year maximum bonus to $22,500.

Bubas Cup

$2,500 if Georgia State finishes in the top four in the conference

$5,000 if Georgia State finishes first.

My math: The maximum bonus that can be reached is $5,000, bringing the one-year maximum bonus to $27,500.

Director’s Cup

$2,500 if Georgia State finishes ranked in the top 6 of its peer group

$5,000 is Georgia State finishes ranked in the top 3 of its peer group

My math: The maximum bonus that can be reached is $5,000, bringing the one-year maximum bonus to $32,500.

Athletic achievement bonuses in 2012-13

$1,500 for each team that finishes the 2012-13 regular season ranked second in the regular-season standings or conference championship.

$2,500 for each team that finishes the 2012-13 regular season first in the regular-season standings or conference championship.

Note: Georgia State fields 17 teams.

$5,000 if the football team finishes in the top half of the conference standings.

Athletic Achievement bonuses starting July 1, 2013-2017

Sun Belt Conference championships (excluding men’s and women’s basketball)

$2,500 if two GSU teams win conference championships

$5,000 is three teams win conference championships

$7,500 is four or more teams win conference championships

My math: The maximum bonus that can be reached is $7,500, bringing the one-year maximum bonus total to $40,000.

Sun Belt basketball tournaments

$2,500 either team reaches the tournament semifinals

$5,000 either team reaches the tournament finals

$7,500 either team wins the tournament

My math: The maximum bonus that can be reached is $7,500, bringing the one-year maximum bonus total to $47,500.

NCAA basketball tournament

$2,500 for each team that is selected to play in the NCAA tournament

Note: not paid if the team qualified by winning the Sun Belt tournament.

$2,500 for each win in the NCAA tournament.

$5,000 for each team that advances to the Final Four

$10,000 for each team that wins a national championship

My math: For this section, the maximum bonus that can be reached is $52,500, assuming the men’s team advances through the play-in game and goes on to win the national title; and the women advance from the Round of 64 and wins the national title.

That brings the one-year maximum bonus total to $100,000.

Sun Belt football

$5,000 if the team finishes in the top-half of the standings

$7,500 if the team wins the conference championship or finishes first

In case conference goes to a playoff:

$2,500 if team reaches conference divisional playoffs

$5,000 if football wins conference divisional title

My math: The maximum bonus is $7,500 bringing the one-year maximum bonus total to $107,500.

Other Sun Belt sports

$2,500 for each team that qualifies for its NCAA championship

$2,500 for each round each team advances

$5,000 for each team that advances to the Final Four in its sports

$10,000 for each team that wins an NCAA championship

My math: I’m excluding this from the maximum bonus total for now because I’m trying to get clarification on the wording. The one-year maximum bonus, at minimum, would be $140,000 (14 NCAA championships).

Performance bonus

$10,000 if the athletics department achieves significant “firsts.” The university president will decide the amount, if any.

My math: This brings the one-year maximum bonus total to $117,500.

Compliance bonus

$20,000 in each year there are no major NCAA violations.

My math: This brings the one-year maximum bonus total to $137,500.

Retention bonus

$50,000 each year the athletic director remains in that position.

My math: This brings the one-year maximum bonus total to $187,500, excluding the bonuses that could earned in other Sun Belt sports.

Other headlines

NCAA rules Washington can’t play for GSU this year

Watson hopes to end GSU career with more wins

AD Levick signs 5-year contract extension

GSU still playing for this season and Curry

Russell out for rest of season

Georgia State run over by Villanova

Notes, quotes and observations following Georgia State’s loss to Villanova

GSU hoops season-ticket sales 59-percent higher than last year

– Doug Roberson, AJC. Please follow me on twitter @ajcgsu

27 comments Add your comment

PANTHER

October 25th, 2012
2:46 pm

Holy cow!!!

INVEST THAT MONEY INTO GETTING THE BEST FOOTBALL HC LIKE HOUSTON NUTT!!

No wonder we cant afford him…

yeah...

October 25th, 2012
2:53 pm

At least there are lots of incentives?

Truth

October 25th, 2012
2:57 pm

She has already shown signs of being in over her head and to reward her with an extension this early is baffling. If she does turn out to be a bust that many of us believe, President Becker should be held accountable.

GSUGrad06

October 25th, 2012
3:00 pm

Wow, 2nd highest paid AD in the Sun Belt? I sure hope we start raising some banners in front of good crowds to justify that.

Itsmeagain

October 25th, 2012
3:33 pm

First, why does anyone think she is “bust?” Second, you better hope she gets all of these bonus’ because that means we’ve done really well

Doo Doo Town

October 25th, 2012
3:46 pm

I guess this means no Spring Game again. And BTW, bums in atalnta raise more money annually than our Athletic Department. Bye bye donations. And as far as Becker being “orca”……he is just a wimp of a sea cow. Way to go Sea Cow!

Mary McElroy

October 25th, 2012
4:27 pm

I never got this kind of cash! WTF?!

Truth

October 25th, 2012
6:25 pm

When compared to Lynn Hickey (UTSA), Judy Rose (UNCC) and Mr. Selig (ODU) she has underperformed and is a bust in that regard. I measure success by comparing her to peers? Keep drinking the Kool-aid.

Itsmeagain

October 25th, 2012
6:27 pm

Hey guys, she supports Hunterville. In our eyes she can do no wrong. We have all the answers!

itsmeagain

October 25th, 2012
7:18 pm

^It was just my opinion, i’m sorry it offended you

christian louboutin

October 25th, 2012
7:31 pm

Cheryl, congrats on your extension! We would like to offer you a 50% off coupon on your shoes purchases from now until the end of the year.

Suckers ————>

October 25th, 2012
8:50 pm

GSU students for believing they know what is really going on and being such wise 20 somethings. Have fun paying those students fees only to have the queen waste em’ right before your eyes.

Steve Nash's Pick and Roll

October 25th, 2012
10:57 pm

Go screw yourself Becker!

[...] Details of Levick’s new contract at Georgia State [...]

GaStateBen

October 26th, 2012
10:31 am

Good news is none of the football winning incentives will never be paid.

Ga State

October 26th, 2012
11:28 am

A $2500 clothing allowance?
You have got to be kidding me. How many pants suits do you need to back pedal on a weekly basis.
Alternatively this contract will attract a good future AD. This contract to me says you better have some success at the AD position or you are gone. Book it!

STATEment

October 26th, 2012
2:03 pm

GSU Panthers

October 26th, 2012
2:15 pm

We seriously need to save the money we are paying her and join the Big South and then have a few winning seasons before becoming the next UAB and the bodybag of the SBC.

Who Cares?

October 26th, 2012
2:33 pm

Obviously i’ve never been a gag state fan, but i’ve never understood why most gag state fans don’t like the AD. for every aspect you are quick to throw at Southern fans for the potential and wishful thinking we may have, your AD has been a part of it. basketball a prime example. gag state is quick to fall back on the bball program but i thought she hired the coach that has turned things around? yet she wasn’t the one that hired curry….yet its her getting the blame for on field results and the poor attendance because of it? this just adds to the proof that gag state fans always are and always have been delusional.

Who Cares? ------------>

October 26th, 2012
5:32 pm

I do b/c I am obsessed with all things having to do with GaState.

Chicken Bone

October 26th, 2012
9:36 pm

Keep on trolling chumps! This thing called Georgia State University Football will become successful with or without your comments so enjoy your excitement of dogging this football program. With all the HS Football Athletes in the State of Georgia and the S.E. looking for a Quality University experience and an up and coming Southeastern Football program IT WILL HAPPEN so book it. GO PANTHERS! GO CIYB. fyi, it’s an adult beverage.

Astonishing Werepanther

October 26th, 2012
9:59 pm

Chicken Bone’s right. You haters do need to book it.

I’ve never been sure how I feel on the Levick “issue.” There’s a part of me that feels like it’s a lot like the president and the economy…we try to make connections, but when it comes down to it, there’s more chaos governing the big stuff than we’d like to believe…

GSU'98

October 26th, 2012
10:09 pm

Whatever…seems like a huge waste of money and resources. I’m stunned by the 2 steps forward and 3 steps back we continue to make. I hope she can take every penny we’ve thrown her way. Win or lose, this is on Becker now.

Chicken Bone

October 26th, 2012
10:37 pm

Yea, a huge waste of $$$ so just shut down “ALL SPORTS” Pro, etc. and we can watch re-runs of Andy Griffith and Golden Girls lol……….

CAA Fan

October 26th, 2012
11:12 pm

was g state ben fired because of the mistaken headline?

Passion of the Panther

October 27th, 2012
7:32 pm

Houston Nutt? Mike Bobo? Panther faithful are drinking draino …

Just Saying

October 28th, 2012
11:37 pm

She was hired for all the wrong reasons, just like Obmana was elected in 08 for all the wrong reasons….