Gary Williams, former men’s basketball coach at Maryland, will serve as a special assistant to Athletic Director Kevin Anderson. (Mark Gail)

Under terms of his five-year employment contract, released in response to an open-records request, Williams will help Maryland Athletic Director Kevin Anderson with fundraising and represent the university in speaking engagements “from time to time as reasonably requested” by Anderson, the document states.

Williams announced May 5 that he was retiring after 22 seasons, having led his alma mater to a national championship, two NCAA Final Fours and a 461-252 record.

According to his new employment agreement, Williams officially retired as coach July 1, the same day his job as special assistant to Anderson began. The contract runs through June 30, 2016. If Williams chooses to resign the post before then, he will be paid $200,000 annually until the contact expires on June 30, 2016.

This brings to four the number of current and former football and basketball coaches on Maryland’s payroll this year. Ralph Friedgen will be paid $2 million for the one year remaining on his contract when he was ousted as football coach at the end of last season. His successor, Randy Edsall, will earn $2 million this year. Mark Turgeon, who was hired to replace Williams, will earn $1.9 million. Williams’s contract brings the total commitments to $6.3 million at a time when Maryland President Wallace D. Loh has appointed a panel to address financial shortfalls in the athletic department budget.

Williams may well prove part of the solution, however, if he succeeds in his role as a Maryland athletics fundraiser, which is underway. Amid a time of uncommon upheaval, during which Maryland replaced its president, athletic director, football and men’s basketball coach in an eight-month span, Williams remains by far the most recognizable and accomplished figure in Maryland athletics.