K-State associate head coach Dalonte Hill’s new contract big on bonuses

After helping the Kansas State basketball team win 29 games last year and reach the Elite Eight, associate head coach Dalonte Hill was able to rework his contract.

On Aug. 10, K-State athletic director John Currie agreed to extend Hill’s contract through 2015 and increase his annual salary to $423,750 and make him eligible for significant bonuses.

Hill was already believed to be the highest paid assistant coach in all of college basketball. His new contract, first-obtained by the Eagle and Star this week through an Open Records Request, will only reinforce that opinion.

Depending on how well the K-State basketball team performs in a given year, Hill could receive as much as an $80,000 bonus. Read More »

A look at Martin’s new contract

Kansas State basketball coach Frank Martin was awarded a new contract today that will pay him an average salary of $1.55 million and run through the 2014-15 season.

Martin’s previous contract paid him $760,000 a year, and ranked near the bottom of all Big 12 Conference coaches. The raise will rank him fourth in the league, and tie him with Missouri coach Mike Anderson. Only Kansas’ Bill Self, Texas’ Rick Barnes and Oklahoma State’s Travis Ford make more.

Martin will also receive a $462,800 signing bonus for putting his name on the contract, and could receive significant performance-based incentives if he continues winning. The incentives could reward Martin up to an additional 32-percent of his base salary for each contract year.
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K-State to announce Martin’s contract extenstion today

The Kansas State Athletics Department will hold a news conference at 1:30 p.m. today to make an announcement regarding its men’s basketball program.

The announcement will be a contract extension for coach Frank Martin, according to a source with knowledge of the situation.

The new contract is expected to raise Martin’s annual salary from $760,000 to $1.2 million plus incentives, and run through the 2014-15 season. After ESPN first reported those numbers, a source said they were accurate. Exact figures will be released at the news conference.

The raise means Martin will no longer be one of the lowest paid coaches in the Big 12 Conference. He will move into the top half.

Martin and athletic director John Currie have been in contract negotiations for the past few months. Martin’s agent, Richard Katz, was at Bramlage Coliseum last night for the Wildcats’ loss to Iowa State.

Martin was named Big 12 Coach of the Year on Sunday after leading K-State to a 24-6 regular season and second place conference finish.

Kansas State finalizes Snyder contract

Kansas State athletic director John Currie announced tonight the details of Bill Snyder’s new multi-year contract.

The contract is retroactive to February 1 and includes annual compensation, which will total nearly $10 million over a five-year agreement.

The new deal was approved by the K-State Athletics board of directors earlier today and signed today by Snyder.

“Coach Snyder is one of the true legends of college football,” Currie said in a statement. “He is an outstanding ambassador for this University, community and state. I have said numerous times that my first impression of Kansas State was the toughness and determination of a football team led by Coach Snyder at the 2001 Cotton Bowl, and we are excited about the direction of our football program under his leadership.”
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