CHAPEL HILL – The University of North Carolina announced contract extensions this afternoon for men's basketball coach Roy Williams, baseball coach Mike Fox and women’s basketball coach Sylvia Hatchell.
Chancellor Holden Thorp and the UNC Board of Trustees approved the new contracts, all three of which were extended through 2018, according to a release issued by the university athletic department.
A 2007 inductee into the Naismith Memorial Basketball Hall of Fame who has led the Tar Heels to two NCAA basketball championships, Williams will have a base salary of $325,000, according to the release. He will receive an expense allowance of $30,000 in 2011-12 and $40,000 in each of the next six years. Williams also will receive supplemental income paid by the university that will range from $1.35 million to $1.65 million per year.
Williams also is eligible to receive standard bonuses for qualifying and advancing through the NCAA Tournament and for the men’s basketball team equaling or exceeding the NCAA’s Academic Progress Rate of 960.
Fox, who has led the Tar Heels to the College World Series five times in the last six seasons, also had his contract extended through 2018. His base salary will be $180,000 in 2011-12, $220,000 in 2012-13, $240,000 in 2013-14, $250,000 in 2014-15 and $260,000 in each of the following three seasons, the release said.
He also will receive an expense allowance ranging from $25,000 to $50,000 and is eligible to receive standard bonuses for qualifying and advancing through the NCAA Tournament and for the baseball team equaling or exceeding the NCAA’s Academic Progress Rate of 960.
A three-time national coach of the year who led the Tar Heels to the 1994 national championship and a member of the Women’s Basketball Hall of Fame, Hatchell will receive a base salary of $360,000. The university will pay Hatchell supplemental compensation ranging from $70,000 to $130,000 per year and an expense allowance of $40,000.
Hatchell is eligible to receive standard bonuses for qualifying and advancing through the NCAA Tournament and for the women’s basketball team equaling or exceeding the NCAA’s Academic Progress Rate of 960.
“It’s been my honor to work with these outstanding individuals who represent the University of North Carolina in such a first-class way,” UNC athletic director Dick Baddour said in the release. “I’ve had the privilege to work with Roy, Sylvia and Mike – three of the true giants in their respective coaching worlds – for a long and successful period. Carolina is a special place and it’s people like them that makes it so. I am proud that one of my final responsibilities as director of athletics was to help secure their long-term commitment to the University.”