New Citadel basketball coach Chuck Driesell's five year-contract calls for a base salary of $175,000 per year and includes incentives for on-court performance and for his players' achievements in the classroom.
The Post and Courier received the contract Monday after requesting it through the Freedom of Information Act.
The base salary of $175,000 is the same as former coach Ed Conroy received in his final year with the Bulldogs, and will make Driesell the highest paid employee at The Citadel.
Driesell's contract runs from April 27, 2010, through April 30, 2015. It includes "performance bonuses" for winning the Southern Conference regular season or tournament title ($10,000 each, $20,000 for both), making the NCAA Tournament's "round of 64" ($7,500) and being named SoCon coach of the year ($10,000), among other incentives.
For a winning overall or SoCon record, Driesell can earn a bonus of $5,000 and as many as two one-year extensions of his contract.
On the academic side, Driesell can earn up to $7,500 in bonuses depending on his team's performance in the NCAA Academic Progress Rate scores, and $10,000 should a Bulldog earn a Rhodes Scholarship.
The contract also includes a sliding scale requiring Driesell to pay a buyout of $200,000 if he terminates the contract without cause before April 30, 2011; $150,000 if he leaves before April 30, 2012; and totals of $100,000 after three years, $50,000 after four years and $25,000 after April 30, 2014.
Driesell, a former Maryland assistant and son of legendary coach Lefty Driesell, was introduced as The Citadel's coach on April 27.