Friday, September 21, 2012

N.C. State approves raises for Mark Gottfried, Elliott Avent

Mark Gottfried's contract got an automatic two-year extension when N.C. State made the NCAA tournament last March. The second-year basketball coach got a $750,000 raise on Friday for the Wolfpack's 24-win season which ended in the Sweet 16.

Gottfried will make $1.95 million annually, which ranks third among ACC coaches, behind Duke's Mike Krzyzewski and North Carolina's Roy Williams.

The N.C. State Board of Trustees approved raises for both Gottfried and baseball coach Elliott Avent, who led his team into the final 16 of the NCAA tournament.

Gottfried's supplemental income went from $450,000 per year to $1.2 million under the new deal, which runs through the 2017-18 season. His base salary of $750,000 per year remains the same.

N.C. State went 24-13 in Gottfried's first season reaching the NCAA tournament for the first time since 2006 and the Sweet 16 for only the second time since 1989. His original contract, signed in April 2011, called for an automatic two-year extension if he made the NCAA tournament in either of his first two seasons.

Avent led N.C. State's baseball team to a 43-20 finish and a spot in the Super Regional round in the NCAA tournament. Avent received a $25,713 raise which brings his annual guaranteed compensation to $219,125 and his contract was extended one year, through the 2015 season.

- Joe Giglio

1 comments: said...

I think that this was somehow expected, I do not know what you thought about it, but I had a feeling this was going to happen