A five-year contract for new UTSA basketball coach Austin Claunch includes possible annual compensation “in excess” of $1 million, including a base salary of $400,000, supplemental income including $150,000 for media and fundraising appearances and a bonus package worth up to $500,000, according to a UT System Board of Regents document.
Here is a summary of terms published on pages 241 and 242 of the board’s meeting agenda this week:
Agenda item No. 44: U. T. San Antonio: Approval of terms of Employment Agreement for new Head Men’s Basketball Coach James Austin Claunch
The following terms of the Employment Agreement for new Head Men’s Basketball Coach James Austin Claunch have been approved by the Chancellor, the Executive Vice Chancellor for Academic Affairs, and the Vice Chancellor and General Counsel and are recommended for approval by the U. T. System Board of Regents.
If the terms are approved, the possible annual compensation could be in excess of $1 million.
The Agreement references the Constitution and Bylaws of the National Collegiate Athletic Association, any intercollegiate athletic conference of which The University of Texas at San Antonio is a member, the Regents’ Rules and Regulations, and the policies of The University of Texas at San Antonio. A violation of the provisions of such constitution, bylaws, rules, regulations, or policies may be grounds for suspension without pay and/or dismissal.
Proposed:
Guaranteed compensation:
Base Salary: $400,000 annually
Supplemental Compensation: $150,000 annually (for participation in media and fundraising events)
(Editor’s note: The contract also spelled out details covering a courtesy car, country club membership, spouse travel, tickets, moving expenses, transitional housing and summer basketball camps).
Incentives
Maximum of $500,000 annually
(a) $50,000 in any contract year if Team achieves Conference record of 0.500 or above winning percentage; and
(b) $25,000 in any contract year if Team achieves 20 NCAA Division I wins, or $50,000 in any contract year if Team achieves 25 NCAA Division I wins; and
(c) $50,000 in any contract year if Team wins Conference Regular Season Championship; and
(d) $50,000 in any contract year if Team wins Conference Tournament Championship; and
(e) $50,000 in any contract year if Team receives NCAA Tournament At-large Berth; and
(f) $25,000 in any contract year if Team wins NCAA First Four round game; and
(g) $50,000 in any contract year for each NCAA Tournament game win (excluding First Four round); and
(h) $25,000 in any contract year if Coach is named Conference Coach of the Year; and
(i) $100,000 in any contract year if Coach is named National Coach of the Year; and
(j) $50,000 in any contract year if Team is ranked in Top 25 in final AP poll
Liquidated damages
For early resignation
(a) Resignation prior to March 31, 2025: 100% of remaining Base Salary
(b) Resignation prior to March 31, 2026: 75% of remaining Base Salary
(c) Resignation prior to March 31, 2027: 50% of remaining Base Salary
(d) Resignation prior to March 31, 2028: 25% of remaining Base Salary
(e) Resignation after March 31, 2028: None
Source of Funds: Intercollegiate Athletics
Period: April 9, 2024 through March 31, 2029