Kim Mulkey, one of the most accomplished coaches in women’s college basketball, has recently been welcomed by Louisiana State University (LSU) as their new head coach. The Hall of Fame coach has had an illustrious career, leaving a trail of success wherever she goes. Her latest stop at LSU is no different.
“Her commitment to winning in all aspects of life – in the classroom, on the court, and in the community – is unparalleled,” LSU said as they welcomed Mulkey, hoping to instill a winning culture at the university. And she wasted no time in doing so. In less than three years, Mulkey has already made a significant impact at LSU, and her presence can be felt throughout the campus.
With a stellar coaching resume and an impressive track record, it’s no surprise that Mulkey is a highly sought-after coach. She has managed to achieve tremendous success wherever she has gone, and her new contract with LSU reflects that.
According to sources, Mulkey’s contract with LSU is worth $23.6 million over eight years, making her one of the highest-paid coaches in women’s college basketball. The deal also includes performance-based incentives, which could further increase her salary.
Mulkey’s base salary starts at $2.5 million in 2021, and it will increase each year until it reaches $3.05 million in 2029. In addition to that, she will also receive bonuses for winning the SEC or national championships, achieving academic success, and selling season tickets. If Mulkey stays with the program for the entire eight years, she can potentially earn over $3 million in bonuses alone.
But her salary is not the only thing that makes Mulkey’s contract with LSU impressive. She also has a guaranteed buyout clause that will protect her in case she decides to leave the program before her contract expires. If she leaves in the first four years, she will receive the full amount of her remaining salary, whereas she will receive 50% of the remaining salary if she leaves in the last four years.
Mulkey’s deal with LSU also includes other perks such as a car allowance, a country club membership, and access to private jets for recruiting trips. This shows the university’s commitment towards providing her with the best resources to continue her winning ways at LSU.
But Mulkey’s success and wealth are not only limited to her job as a coach. She also has several business ventures, including a winery and a sports apparel line, which adds to her already impressive net worth. In addition to that, she also has lucrative endorsement deals with major brands, making her one of the wealthiest coaches in the country.
The 2023 season marked Mulkey’s third year as the head coach of LSU women’s basketball team, and she had already made history. She led the team to their first Sweet 16 appearance since 2007, and her impact on the team was evident throughout the season. Under her guidance, the team improved in every aspect of the game, both on and off the court.
She also prioritizes academic success, and the team had a cumulative GPA of 3.0 during her first year. This shows that winning is not the only thing on her mind; she also believes in developing well-rounded individuals who will excel not only on the court but also in life.
Mulkey’s winning mentality and dedication to her craft have earned her a spot in the Naismith Memorial Basketball Hall of Fame and the Women’s Basketball Hall of Fame. With three national championships under her belt, she is one of the most successful coaches in the history of women’s college basketball.
Her achievements and accolades speak for themselves, and her impact at LSU is already being felt. She has instilled a winning culture at the university, and her players have nothing but praise for her coaching style. With Mulkey at the helm, the future looks bright for LSU women’s basketball.
In conclusion, Kim Mulkey’s new contract with LSU is not only a testament to her success as a coach but also a reflection of her commitment to winning in all aspects of life. She is not only a championship coach but also a role model and an inspiration to many. Her impact at LSU will continue to grow, and there is no doubt that she will lead the team to even greater success in the years to come.
