He could earn $800,000 if Arizona runs the table and wins every one of March Madness this season.
He currently has actually secured $75,000 worth of bonuses for progressing in the NCAA Tournament.
Miller will certainly earn an additional $175,000 bonus if the Wildcats beat the University of Wisconsin on Saturday. The winner goes the Last Four.
The UA coach will certainly get a $500,000 bonus if his group wins the national championship.
Arizona has actually among the top men’s basketball services in the country.
The school and Arizona Board of Regents approved an extension and brand-new contract for Miller in 2013. That entails a $2 million salary and pay package that totals $2.7 million.
Miller can easily likewise get hold of a $200,000 bonus if the basketball group gets a 3.0 cumulative grade point average.
The Arizona coach isn’t alone along with tourney-based bonuses. Wisconsin’s Bo Ryan, UCLA’s Steve Alford, Louisville’s Rick Pitino and Michigan State’s Tom Izzo likewise have actually tournament improvement bonuses in their contracts, according to Forbes. Some schools, such as Wisconsin, likewise provide bonuses for coaches in various other sports and have actually individual percentages and protocols for those to be handed out, according to documents given by the Madison school.
UA Vice President Andrea Smiley said salaries and bonuses for coaches, too as top university administrators, are based on market rates and maintaining services competitive.
“The market dictates these decisions. It is likewise necessary to note that UA’s athletics regimen is self-sustaining and just receives tuition waivers and facility sustain from the university,” Smiley said. “But, it supplies the university along with around $6 million in administrative fees that sustain general education and operational expenses.”
Mike Sunnucks writes concerning residential and commercial actual estate, government, law, sports company and work environment issues.