Moton signs contract extension worth $2M through 2022
08/18/2014 2:48 PM
08/19/2014 8:51 AM
N.C. Central basketball coach LeVelle Moton has signed a contract extension worth a total of $2 million through 2022, making him the highest-paid coach in the school’s history.
Moton’s contract, which was extended in May, has an annual base salary of $250,000 for eight years. He now makes more than twice as much as he did when he was hired as coach in 2009, when his base salary was $100,000 and the team was a Division II program.
By comparison, Henry Frazier III, the former football coach who was fired last year, made a base salary of $225,500.
Among the benefits in Moton’s contract are a “courtesy” car for team-related business. Most of the bonuses he already was eligible for such as winning the conference, making the tournament, and improving players’ academic standing and graduation rates have also gone up.
It was Moton’s second raise in as many years. Last year, he made $158,000 a year.
The extension, signed in April, follows the school’s making its first appearance as a Division I program in the NCAA tournament in March, three years after it made its transition from Division II. N.C. Central won its conference and finished 28-6, tying a school record for most wins in a season.
The Eagles were a No. 14 seed but lost to Iowa State in the second round.
After the tournament, Moton’s name reportedly surfaced as a candidate at Marshall and Florida Atlantic.
N.C. Central retained Moton by extending his contract.
Moton declined to comment for this story.
The former Enloe High standout was a star guard for the Eagles from 1992 to 1996. He is third on the Eagles’ career scoring list (1,714 points) and helped the team win an NCAA Division II South Atlantic Regional title in 1993.
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