Maryland men’s basketball coach Mark Turgeon signed a four-year contract extension through the 2022-23 season, the university announced Thursday.
In 2011, Turgeon signed an eight-year contract as the replacement for former coach Gary Williams. He will earn a pay raise under the new deal, bringing his base salary to more than $2.5 million annually, according to a contract The Diamondback obtained through an open-records request.
Turgeon also has opportunities to earn bonuses based on his team’s performance. Each year the Terps make the NCAA tournament, which they’ve done each of the past two seasons, Turgeon will earn an extra $25,000. Should Maryland win its first national championship since 2002, Turgeon gets a $200,000 bonus.
“My family and I love the University of Maryland, the basketball program, the campus community and the local community and I am extremely grateful to be the coach of this outstanding program,” Turgeon said in a release. “”I want to thank President Loh and Kevin Anderson for their continued commitment and support of our program. I am in this position because of the talented coaches and student-athletes that I have had the opportunity to work with over the past five years. Their commitment to our program is why Maryland Basketball continues to have an exciting and bright future.”
Turgeon has compiled a .659 winning percentage since arriving in College Park, and his 114 wins over the past five seasons are the most in program history during that span.
After previous head-coaching stints at Jacksonville State, Wichita State and Texas A&M, Turgeon led the Maryland to the NCAA tournament in his fourth season in 2014-2015. For the Terps, who were 28-7 that year, it marked their first March Madness appearance since 2010. As the No. 4-seed, they fell to fifth-seeded West Virginia in the third round.
The Terps built on that campaign with the program’s first Sweet 16 appearance since 2003, falling to top-seed Kansas last March.
Despite losing four starters, Maryland will be in contention to make its third straight postseason appearance. Turgeon’s team came in at No. 21 in the preseason USA Today Coaches Poll.
“Mark has built a program that we are incredibly proud of as he continues to lead the great tradition that is Maryland Basketball,” Athletic Director Kevin Anderson said in a release. “During his successful tenure in College Park, Mark has worked tirelessly to establish a nationally-recognized program that will annually compete for championships. Mark’s character and integrity resonates strongly with our former players, alumni and fans, and we are very excited about the future of Maryland Basketball.”