Coach Mark Turgeon is set to make $1.9 million annually over the next eight years.
First-year Terrapin football coach Randy Edsall and men’s basketball coach Mark Turgeon are both signed to competitive, incentive-laden deals for the coming seasons, according to reports.
Contracts for the two, which were obtained by The Washington Post and The Baltimore Sun last week, show that Edsall will make $2 million per year over the next six years, while Turgeon’s contract guarantees him $1.9 million a year over eight years.
The deals make both Edsall and Turgeon among the best-paid coaches in the ACC. Edsall’s contract ranks as the fifth-highest annual salary among the league’s football coaches, according to information made available to the public, behind such names as Florida State’s Jimbo Fisher ($2.8 million) and Virginia Tech’s Frank Beamer ($2.1 million).
Among basketball coaches, only Duke’s Mike Krzyzewski ($4.2 million) is guaranteed a higher annual salary than Turgeon, who made roughly $1.6 million at Texas A&M last season. His new $1.9 million annual salary even outstrips that of North Carolina coach Roy Williams ($1.7 million), although his total earnings, like his colleagues, may be impacted by significant performance-based bonuses.
According to The Sun, Turgeon’s deal stipulates bonuses of up to $150,000 for reaching the Final Four. He would also get, among other bonuses, $25,000 for an NCAA Tournament appearance and $50,000 for a conference regular-season title.
Edsall, who made about $1.6 million last year at Connecticut, stands to earn similar bonuses for off-the-field improvements. He would receive $100,000, according to The Sun, if the school’s struggling season-ticket sales increase 25 percent or more in a year and another $100,000 if rentals of Byrd Stadium’s luxury suites increase at least 50 percent.
Athletics Director Kevin Anderson was on vacation and unavailable to comment, a department spokesman said.
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