COLUMBIA, Mo. — New Missouri basketball coach Kim Anderson is getting a hefty raise at his alma matter after making the jump from Division II Central Missouri.
Anderson will receive a $300,000 base salary and $1.1 million in guaranteed money annually. He’ll get another $100,000 for each 20-win season that leads to an NCAA tournament berth.
The university released Anderson’s five-year contract Friday after luring the 59-year-old former Big Eight star and Tigers assistant back to Columbia. He had three 30-win seasons in 12 years at Central Missouri, where he led the Mules to an NCAA title in March. He earned $165,600 annually in Warrensburg.
The contract offers additional financial incentives should Missouri win the Southeastern Conference regular season or tournament, advance deep into the postseason or meet certain goals for ticket sales.