Paulsen’s deal with Ge­orge Ma­son worth $3.5M

The Washington Post Sunday - - SPORTS - BY STEVEN GOFF steven.goff@wash­post.com

Ge­orge Ma­son’s agree­ment with Dave Paulsen to coach the men’s bas­ket­ball pro­gram is for five years and $3.5 mil­lion, plus nu­mer­ous ath­letic and aca­demic in­cen­tives.

Doc­u­ments ob­tained through a Free­dom of In­for­ma­tion Act re­quest show the deal also in­cludes a two-year op­tion held by the univer­sity. The sides signed a mem­o­ran­dum of un­der­stand­ing in late March and are in the process of fi­nal­iz­ing a for­mal con­tract.

Paulsen, the for­mer Buck­nell coach, suc­ceeded Paul He­witt, who was fired in March af­ter con­sec­u­tive 20-loss sea­sons. He­witt had one year re­main­ing on his con­tract and is owed $650,000.

Paulsen’s deal in­cludes $400,000 in base salary and $300,000 in sup­ple­men­tal com­pen­sa­tion.

The bonus pack­age is worth up to $400,000 an­nu­ally and in­cludes in­cen­tives for the At­lantic 10 reg­u­lar sea­son ti­tle and tour­na­ment cham­pi­onship; NCAA tour­na­ment and NIT ap­pear­ances; NCAA and NIT cham­pi­onships; A-10 and na­tional coach of the year awards; and grad­u­a­tion rates and other aca­demic achieve­ment by the play­ers.

The spec­i­fied amounts of each bonus were not in­cluded on the pre­lim­i­nary agree­ment.

If he is fired be­fore the con­tract ex­pires, Paulsen would re­ceive half of his base salary for each of the re­main­ing years of the deal.

At Buck­nell, Paulsen guided the Bi­son to two NCAA tour­na­ments and two NITs in the past five years. In 21 years of head coach­ing at var­i­ous NCAA lev­els, he has a 396-214 record.

De­tails of other Ge­orge Ma­son con­tracts:

Ath­letic Di­rec­tor Brad Ed­wards earns $300,000 in base salary. He ar­rived at the univer­sity last sum­mer and signed a five-year deal.

He is also el­i­gi­ble for bonuses con­tin­gent on aca­demics and the suc­cess of the 22 ath­letic pro­grams. If Ge­orge Ma­son ath­letes col­lec­tively earn a grade-point av­er­age higher than the un­der­grad­u­ate stu­dent body at large, Ed­wards re­ceives a bonus of 5 per­cent of his base salary. A col­lec­tive GPA that ex­ceeds 110 per­cent of the stu­dent body av­er­age earns him another 1 per­cent bonus.

Ed­wards’s bonuses for teams win­ning A-10 ti­tles and par­tic­i­pat­ing in the NCAA tour­na­ment are up to $12,000 an­nu­ally.

If fired, Ed­wards would re­ceive half of his base salary for each re­main­ing year.

The univer­sity’s part­ner­ship with Adi­das went into ef­fect July 1 and will span five years.

Un­der terms of the deal, Ge­orge Ma­son will pur­chase $150,000 worth of footwear, uni­forms and ac­ces­sories an­nu­ally for be­tween 37.5 per­cent and 50 per­cent off the man­u­fac­turer’s sug­gested re­tail price.

Adi­das will pro­vide pro­mo­tional mer­chan­dise worth $160,000 to the ath­letic depart­ment as a whole, $90,000 to the men’s bas­ket­ball pro­gram, $50,000 to women’s bas­ket­ball and$10,000 to women’s lacrosse. To as­sist with first-year tran­si­tion, Adi­das will pro­vide $100,000 in prod­uct al­lot­ment.

Adi­das also will pro­vide cash bonuses rang­ing from $5,000 to $35,000 per team to the base­ball, soft­ball, men’s and women’s bas­ket­ball and men’s and women’s soc­cer pro­grams for ad­vanc­ing to and win­ning in NCAA tour­na­ments.

The men’s bas­ket­ball team would re­ceive an ad­di­tional $20,000 for reach­ing the NCAA tour­na­ment’s round of 16, $25,000 for the re­gional fi­nal, $75,000 for the Fi­nal Four and $225,000 for win­ning the na­tional ti­tle. They are non-cu­mu­la­tive bonuses; the high­est achieve­ment shall be com­pen­sated.

The agree­ment also calls for Adi­das sig­nage at the bas­ket­ball scorer’s ta­ble and bas­ket pad­ding, on the base­ball and soft­ball out­field walls and on the fence around the soc­cer field.

Adi­das also will re­ceive six sea­son tick­ets to men’s bas­ket­ball games.

In May, the univer­sity sold the nam­ing rights to Pa­triot Cen­ter, which is now called Ea­gleBank Arena. The deal is worth a min­i­mum of $6.6 mil­lion over 10 years and could reach al­most $14 mil­lion over­all if ex­tended an ad­di­tional 10 years.

Newspapers in English

Newspapers from USA

© PressReader. All rights reserved.