Kim Mulkey is a famous American basketball coach and player and is the head coach for Louisiana State University's women's basketball team, as of 2024. She's achieved many milestones in her career, such as winning gold medals in the Pan-American and Olympic games. She is the first person in NCAA women's basketball history to win a national championship as a player, assistant coach, and head coach.
Mulkey has a long list of accomplishments. She's won NCAA championships multiple times both as a coach for Baylor and LSU. She has also been recognized for her contributions to the sport by being inducted into the Women's Basketball Hall of Fame in 2000 and the Naismith Memorial Basketball Hall of Fame in 2020. Her coaching prowess has transformed teams, turning Baylor's struggling program into a consistent contender and leading LSU to its first NCAA championship in 2023. LSU's decision to appoint Mulkey as their head coach came with a hefty price tag, making her one of the highest-paid coaches in the country. Let's delve into the specifics of how much LSU is paying Kim Mulkey.
What Amount is LSU paying Kim Mulkey?
LSU is paying Kim Mulkey approximately $3.26 million per year, making her the highest-paid women's basketball coach in the nation. Mulkey, boasting four national titles under her belt, secured this lucrative deal following her remarkable achievement of leading LSU to a national championship last season.
Kim Mulkey Salary
According to reports from USA TODAY, Mulkey's total salary at LSU amounts to $3.264 million for this season, making her the top-earning coach in women's college basketball.
The Advocate states that LSU athletics anticipates the increased ticket revenue from the women’s basketball program will aid in covering Mulkey’s approximately $1 million raise. This suggests that Mulkey's impact extends beyond her coaching prowess, significantly benefiting the university's financial standing.
Kim Mulkey Contract at LSU
The LSU Board of Supervisors has greenlit a record-breaking 10-year, $36 million contract extension for Kim Mulkey. This extension was inked following LSU's national championship victory last season. Under this new deal, Mulkey, who is 61 years old, is slated to earn $3.65 million annually by the contract's conclusion in 2032-33. This marks a significant increase from her previous contract, which guaranteed $2.5 million per season until 2028-29.
According to The Advocate, Mulkey will receive a base salary of $400,000 along with $2.75 million in supplemental income in the initial year of the contract, totaling $3.15 million. This amount is set to rise to $4.05 million by 2033. Comparatively, Mulkey's previous contract at LSU provided an average annual salary of $2.5 million.
In terms of both total value and annual compensation, Mulkey's new contract sets a new standard, which is the largest ever signed by a women’s college basketball coach. This underscores the recognition of Mulkey's exceptional coaching abilities and her value to the LSU women's basketball program.
FAQ's On Kim Mulkey
A. LSU pays Mulkey $3.26 million annually, with a record-breaking 10-year, $36 million contract extension.
A. Mulkey led LSU to its first NCAA championship, increasing ticket revenue and securing a $1 million raise.
A. Mulkey's contract extension is for 10 years, lasting until the 2032-33 season.
A. Mulkey's contract guarantees her a base salary of $400,000, with significant supplemental income and raises.
