|North Carolina signs Williams to 4-year contract extension|
|Written by Admin|
|Thursday, 17 May 2007 04:47|
Williams, who signed an eight-year contract to coach his alma mater before the 2003-04 season, will make up to $1.8 million each year plus incentives based on the Tar Heels' performance on the court and in the classroom.
``Roy Williams is the most complete coach in the country,'' athletic director Dick Baddour said. ``I knew when we hired him he was an outstanding basketball coach, but he has also exceeded our every expectation in the manner in which he runs a basketball program. He believes in character first, he coaches for all the right reasons and he is a first-rate ambassador of our university.''
Williams, who will be inducted into the Basketball Hall of Fame in September, is 106-30 in four seasons at North Carolina and 524-131 in 19 seasons with the Tar Heels and Kansas. He won his only national championship in 2005.
``I am excited about coaching at Carolina and look forward to these next eight years,'' Williams said. ``I am past the point in my career where people refer to 'that young coach Roy Williams,' but I know I can go this long. I just hope my players can put up with me.''
The new contract will pay Williams an annual base salary of $325,000, a $30,000 expense account and supplemental income paid by the university ranging from $1.2 million to $1.5 million. Bonuses are included for qualifying for and advancing in the NCAA tournament and for graduation rates that meet or exceed the general student body.
North Carolina finished 31-7 this season, shared the Atlantic Coast Conference regular-season title, won the league tournament and advanced to the East Regional finals, where the top-seeded Tar Heels lost in overtime to Georgetown.