Ray Anderson will continue as Arizona State athletic director through September 2022 under terms of a three-year contract extension.
Anderson, 64, signed a five-year contract as ASU Vice President for Athletics that was due to expire in February 2019. He now will continue through at least the 2021-22 school year with an annual base salary of $800,000 that took effect in July 2017.
… Anderson made $642,600 per year in base salary under his original contract. He also is eligible for numerous academic and athletic performance bonuses that could potentially double his annual salary.
In 2016-17, Anderson earned $462,178 in bonuses — $112,208 based on athletic performance and $349,970 for academic performance such as Academic Progress Rate and athlete grade point average.
Aside from the ludicrousness of getting a bonus for student-athletes’ academic performance when they don’t, the athletic performance he’s being rewarded for is what, exactly?
ASU football, men’s basketball and baseball had losing seasons in 2016-17. Football and men’s basketball improved this school year although Anderson made a football coaching change and created a new leadership model for that sport.
ASU’s 2016-17 Directors’ Cup finish for overall athletic department on-field success was the lowest ever (No. 43).
Evidently, he’s on a roll. With Herm Edwards’ coaching stint off to a blazing start, to boot.
And some of you wonder where they can come up with the money to pay players.