Maryland Men's Basketball Coach Gary Williams Earns One-Year Extension on Contract
Tuesday, September 22, 2009
Maryland men's basketball Coach Gary Williams, who will enter his 21st season with the Terrapins, earned a one-year extension on his existing contract by meeting competitive and academic benchmarks, the school's athletic department announced Monday. Williams's contract now runs through June 30, 2013.
Under the two-year contract extension Williams signed in 2006, he earns an additional year when Maryland receives an NCAA tournament invitation and the team either meets the NCAA Academic Progress Rate cut score or the scholarship players earn an average of 27 academic credits. Williams, the winningest coach in school history, can extend the deal once more, through 2014, should the Terrapins meet the benchmarks again this season. Williams earns between $1.6 million and $2.3 million depending on incentives.
The Terrapins went 21-14 last season and reached the second round of the NCAA tournament.
"I'm pleased for Gary that he met the competitive and academic benchmarks of his contract," Maryland Athletic Director Debbie Yow said in a statement. "The 2009-10 season has the potential to be one of the best in recent memory."
The Terrapins return all but one regular contributor from a squad that rebounded from a slow start last season to earn its 13th NCAA tournament appearance under Williams.
The nation's sixth-winningest active coach, Williams has compiled a 625-357 record over 31 seasons. He has tallied a 418-229 mark at College Park. The Terrapins won a national championship under Williams in 2002.