Joe Walljasper provides us with the specifics.
Missouri releases Kim Anderson contract info: Five-year deal. $1.1 million guaranteed first year. Maximum first year is $2.45 million.— Joe Walljasper (@JoeWalljasper) June 13, 2014
Kim Anderson's max contract value ($2.45 million) would tie him with John Beilein of Michigan and Travis Ford of Oklahoma State, as well as surpassing Jay Wright's $2.48 million at Villanova. His base salary of $1.1 million puts him somewhere between Greg McDermott at Creighton ($945,725) and Mark Few at Gonzaga ($1,187,536). SOURCE
It's interesting to me that Anderson's contract is tied into the oft cited attendance issues. It doesn't appear as though the bar has been set very high.
Kim Anderson will make $50,000 extra if ticket revenue hits $4.7 million and $100,000 extra if ticket revenue hits $5 million.— Joe Walljasper (@JoeWalljasper) June 13, 2014
MU reported $5.2 million in men's basketball ticket revenue in 2012-13.— David Morrison (@DavidCMorrison) June 13, 2014
Let's not kid our selves, Mizzou would be getting off very cheap if any of these happen in the next 5 years:
For Kim Anderson, SEC title worth $50,000; Final Four is worth $150,000; national title worth $400,000— Joe Walljasper (@JoeWalljasper) June 13, 2014
Combining Anderson's $700,000 in bonuses not related to wins would actually exceed Shaka Smart's $699,200, Fred Hoiberg's $675,000, Bill Self' $525,000 and Billy Donovan's $454,000.
Among other incentives: 12 conference wins ($30,000), 13 wins ($60,000) and 14+ wins ($75,000) ... 25+ wins ($60,000), 30+ wins ($100,000).— Tod Palmer (@todpalmer) June 13, 2014
Anderson's contract incentives: SEC reg season or tourney title ($50K each), $50K for NCAA appearance, $50K for conf COY, $100K for natl COY— Tod Palmer (@todpalmer) June 13, 2014
The difference between 12 and 14 wins is only $5,000 less than the value as an SEC regular season or tournament title, an NCAA appearance or COY award.
Check my math via this handy dandy breakdown tweeted by ABC17's Austin Kim:
Kim Anderson contract breakdown. #Mizzou. pic.twitter.com/ZBXLzspOC0— Austin Kim (@AustinKKim) June 13, 2014
As expected, the excellent David Morrison delves deeper into what this really means and draws the natural comparisons to Pinkel and the football program:
Anderson's base salary is $300K, eligible for increases of $100K on other parts of guaranteed salary in subsequent years, like Pinkel (1/2)— David Morrison (@DavidCMorrison) June 13, 2014
If I'm reading that right it would mean Anderson's ideal 5th year base salary would be $800,000.
(2/2) BUT unlike Pinkel, Anderson's increases are tied to performance: at least 20 wins vs. D1 competition and an NCAA berth.— David Morrison (@DavidCMorrison) June 13, 2014
Pinkel's is a straight $100K increase in his guaranteed salary for each subsequent year of the contract. So that's kind of interesting.— David Morrison (@DavidCMorrison) June 13, 2014
Anderson's conference win bonuses start at a .667 win percentage. Missouri's pulled that off 3 times in the last 18 seasons.— David Morrison (@DavidCMorrison) June 13, 2014
Similarly, his overall win bonuses start at 25 wins. Missouri's done that 3 times in the last 18 seasons.— David Morrison (@DavidCMorrison) June 13, 2014
Dave Matter's article on Kim Anderson's contract:
MU will allocate $900,000 annually for six staff members: three assistant coaches, director of basketball operations, strength coach and director of video operations.