Georgia basketball coach Mark Fox is expected to receive new contract on Thursday.
A special conference call of Georgia Athletic Association Executive Board has been convened for 11:30 a.m. tomorrow. At that time, UGA President Michael Adams and Athletic Director Greg McGarity are expected to recommend a contract extension and salary increase for the Bulldogs’ second-year basketball coach. The board is expected to approve that recommendation.
On Wednesday, McGarity would say only that the board was being convened to discuss “a personnel matter” but he declined to get into specifics.
As soon as Georgia’s season ended with a first-round loss in the NCAA tournament, McGarity said that he would seek to extend and enhance Fox’s employment agreement with the university. Asked Wednesday about the progress of those negotiations, McGarity said, “they’ve been very productive. We’re on the same page.”
Fox’s current contract runs through the 2014-15 season and pays him $1.3 million per year. That is $300,000 more than newly hired Georgia Tech coach Brian Gregory will be paid, but it is $500,000 less than Alabama is paying Anthony Grant, who was hired at about the same time as Fox.
Two SEC programs hired new coaches last month: Tennessee is paying Cuonzo Martin $1.3 million per year, and Arkansas is paying Mike Anderson $2.2 million. Fox’s contract contains an unusually large buyout clause that would require him to pay Georgia $2 million if he leaves before the end of the deal
Fox led Georgia to a 21-12 record this past season as the Bulldogs earned their first at-large NCAA tournament berth since 2002.
Fox’s name began to surface for other job openings soon after the season was over. But he quickly denied interest and said he intended to remain at Georgia for the long haul.
“I just want for this program to reach the level I think it can,” Fox said. “We have to do it the right way, and that process certainly is one that takes some time.”