North Carolina coach Roy Williams has received a contract extension that could keep him as the Tar Heels' coach through the 2019-2020 season, the university announced Friday.
Before the extension, Williams' contract had been due to expire in 2018. If he coaches through the duration of his new deal, Williams, who has said for years that he wants to coach six to 10 more seasons, would be 69 at the end of the 2019-20 season.
The announcement of Williams' extension comes at a difficult time for the UNC athletic department, which recently received from the NCAA a Notice of Allegations after an investigation into a long-running scheme of bogus African Studies paper classes that disproportionately benefited athletes.
The NCAA alleged UNC committed five major violations, including allowing athletes extra benefits associated with those courses, and a lack of institutional control. Neither Williams nor any member of his staff was alleged to have committed any violations.
UNC athletic director Bubba Cunningham said in a statement that UNC was “fortunate” to have Williams as its head basketball coach, and he said the university was “proud” to extend his contract.
“His results on the court over 27 years as a head coach are among the most accomplished in the history of the sport, but his love for the University of North Carolina and the way he cares for his students are truly unmatched,” Cunningham said. “Roy is a man of character and integrity and I have great respect for the way he leads our basketball program.”
Williams will be paid a base salary of $408,169 next season and that will increase to a base salary of $595,409 during the final season of the contract. His additional compensation will range between $1.55 million next year to $1.75 million during the final year of his deal.
The contract extension also revised the performance bonuses Williams would receive. He would receive $75,000 if his team receives an APR of 975 or higher, and he'd receive a bonus of $250,000 for leading the Tar Heels to a national championship.
“I’ve said I want to coach another six to 10 years, so this contract takes me right to the edge of that, which is good,” Williams said in a statement. “I appreciate the confidence Chancellor Folt and Bubba Cunningham have in my leadership of the basketball program.
“They’ve demonstrated that with this contract extension, and with their support over the past several years, which have been a challenge for all who love Carolina as I do. I thank them on behalf of our basketball program and me personally.”
Roy Williams’ extension through 2020 includes these performance bonuses:
▪ $75,000 for APR score of 975 or higher.
▪ $250,000 for winning NCAA title.
▪ $200,000 for reaching Final Four.
▪ $200,000 for reaching Elite 8.
▪ $150,000 for reaching Sweet 16.
▪ $100,000 for making second round.
▪ $25,000 for making NCAA tournament.