Shaka Smart has new deal with VCU

(Streeter Lecka / Getty Images)

The coach who led Virginia Commonwealth from the First Four to the Final Four, and a loss Saturday to Butler, has a new deal in place to stay with VCU, according to the Charlotte Observer.

Athletic director Norwood Teague told the paper today in an e-mail: “He is staying. We agreed to terms this morning.”

Smart reportedly will make $1.2 million annually in base pay, according to the Richmond Times Dispatch. The paper reports that the deal will run “in excess of five years.”

That’s quite a raise for Smart, who make $325,000, plus bonuses and incentives this season. “We are elated to say the least,” Teague told the Times-Dispatch.

North Carolina State reportedly had been pursuing Smart and Teague confirmed as much, writing: “Yes, they talked to him and made an offer. We countered and he is staying!!!”

After spending most of her career in traditional print sports journalism, Cindy began blogging and tweeting, first as NFL/Redskins editor, and, since August 2010, at The Early Lead. She also is the social media editor for Sports.


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