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.
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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.