How Much Does Kim Mulkey Make?
Kim Mulkey, the highly successful women’s basketball coach, has recently made headlines with her lucrative contract extension with LSU. This new deal solidifies her position as the highest-paid women’s basketball coach in the nation, attracting attention from fans and sports enthusiasts alike.
With this groundbreaking 10-year agreement worth an impressive $36 million, Mulkey’s earning potential has soared to new heights. While awaiting final approval from the LSU Board of Supervisors, the details of her contract reveal staggering figures that showcase her immense value to the LSU women’s basketball program.
Under her previous contract, Mulkey enjoyed an annual salary of $2.5 million, but the terms of her new deal are even more impressive. In the first year alone, she is set to earn a base salary of $400,000 with an additional $2.75 million in supplemental income.
As her tenure progresses, Mulkey’s total compensation will escalate, reaching a remarkable $4.05 million by the contract’s final year in 2033. Not only is this contract the largest ever signed by a women’s college basketball coach in terms of both overall value and annual income, but it also places Mulkey as the second-highest-paid coach at LSU, just behind football coach Brian Kelly.
Stay tuned to discover more about Kim Mulkey’s achievements, bonuses, and how her salary compares to other prominent coaches in the women’s basketball realm.
Mulkey’s Achievements and Bonuses
Throughout her illustrious coaching career, Kim Mulkey has achieved remarkable success, winning a total of four national titles. Prior to joining LSU, Mulkey spent 21 seasons at Baylor, where she clinched three championships. In her second season as the head coach at LSU, Mulkey led her team to another national title, solidifying her status as one of the most accomplished coaches in women’s basketball.
With these impressive achievements, Mulkey is not only recognized for her coaching prowess but also eligible for bonuses based on her team’s performance in the NCAA tournament. As her team advances through each round, Mulkey will receive progressively higher five-figure bonuses. Additionally, if she guides the LSU Tigers to yet another national title, she will earn an extra $230,000, incentivizing her continued pursuit of excellence.
Moreover, Mulkey’s commitment to the academic success of her players is rewarded through bonuses tied to the LSU team’s Academic Performance Rate (APR). If the team’s APR exceeds 940, Mulkey will receive a $50,000 bonus, further highlighting her dedication to fostering both athletic and academic growth among her players.
Comparisons with Other Coaches and Future Expectations
When it comes to coaching salaries, Kim Mulkey stands out among her peers. Recently, South Carolina coach Dawn Staley signed a lucrative seven-year contract extension worth $22.4 million, potentially paying her up to $3.5 million annually. Similarly, UConn coach Geno Auriemma’s contract, signed five months earlier, is set to earn him a maximum of $3.2 million by the end of the 2024-25 season. In comparison, Mulkey’s salary surpasses that of LSU men’s basketball coach Matt McMahon, who earns $2.9 million each year.
With a remarkable coaching resume and a talented roster, the expectations for Mulkey and the LSU women’s basketball team are sky-high. As the upcoming season approaches, they are predicted to be a top-ranked team, led by standout players like Angel Reese. It is clear that Mulkey’s impact on the world of women’s basketball is significant, and the future looks promising for her.
In terms of salary, Mulkey’s contract extension sets a new standard in women’s college basketball coaching. As her remuneration outshines her counterparts and expectations soar, all eyes will be on her and the LSU Tigers as they aim for continued success on the court. The stage is set for Mulkey to cement her name among the coaching greats and further elevate the prominence of women’s basketball.
