LSU Women’s Basketball coach Nikki Caldwell has a chance to earn $1.2 million in a year, following approval of her contract at Friday’s Board of Supervisors meeting.
The Board approved a base salary of $700,000 a year. However, the salary includes bonuses tied to team performance and achievements.
According to the deal unanimously approved by the Board, Caldwell will earn a $50,000 dollar bonus for a Southeastern Conference championship, as well as another $50,000 for an SEC Tournament championship.
She can tack on another $50,000 each time she achieves an NCAA Tournament appearance, a Sweet 16 appearance, a finish in the Final Four and being named SEC coach of the year. Caldwell can earn a $100,000 bonus for winning a national championship and another $100,000 for winning national coach of the year.
The contract runs through June 2016, and also includes $170,000 to buy Caldwell out of her contract with UCLA.
Caldwell’s salary comes from self-generated funds within the Athletic Department.
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Contact Steven Powell at [email protected]
Women’s Basketball: Caldwell salary approved, could make up to $1.2 million
July 17, 2011