Huggins will make $3 million in total compensation this season, the first of a new deal that stretches for 11 years. He will make as much as $3.75 million in the 2017-18 season -- the last before he moves to what the contract describes as "emeritus status."
Unless Huggins and WVU agree to extend his tenure at that time, his career as a coach will end with that 2017-18 season. After, he will move to a public relations role for the university "with duties such as public appearances and fund raising activities for the University and other matters as assigned."
If Huggins opts to retire from coaching before the end of the 2017-18 season, his "emeritus status" position would begin immediately. He will earn $550,000 in his first year in that position, but the salary will dwindle to as little as $125,000 per year in both 2022 and 2023.
"We are delighted to have an updated agreement in place that will continue to keep Coach Huggins at WVU for his entire career," West Virginia athletic director Oliver Luck said in a statement released by the university. "He is the third-winningest active coach in the country and his record of accomplishment speaks for itself. His passion, caring and love for the University and the state of West Virginia is incredible. We look forward to many more years of successful Mountaineer basketball under his guidance."
As part of the contract, Huggins' incentives have all been doubled -- with the exception of a bonus for winning a national championship, which has been increased to $200,000. Interestingly, any regular season win over Kansas -- the Big 12's premier traditional power program -- is worth an extra $25,000 bonus as well.
According to the Sporting News , which first reported the changes to Huggins' contract, the coach becomes one of only eight in college basketball to make $3 million per season or more. The others are Duke's Mike Krzyzewski, Florida's Billy Donovan, Kansas' Bill Self, Michigan State's Tom Izzo, Kentucky's John Calipari, Louisville's Rick Pitino and Indiana's Tom Crean. All but Crean and Huggins have won at least one national championship.
Huggins has won 710 games in more than three decades as a head coach. He has the third-most wins of any active Division I men's basketball coach.
"I feel blessed to be able to end my coaching career at my alma mater – the place that all West Virginians love," Huggins said in the university's statement. "I'm very fortunate to work for an administration that shows our passion for this University and this state. It's rare for a University to redo an existing contract to make sure that their people are taken care of and reassured to coach at that institution. Many thanks to all the people who have been so supportive of me, my family and Mountaineer basketball. I'm truly blessed."