Dawn Staley Contract Extension
The University of South Carolina has extended Dawn Staley contract by 7 years for $22.4 million. It will expire after the 2027 - 2028 academic year.
She is now among the highest-paid women's basketball coaches in the nation and the highest-paid Black head coach in her sport after her contract extension.
Her yearly base salary is $1 million and outside compensation increases by $100,000 every year after the first year at $1.9 million. Additional performance-compensation opportunities up to $680,000 annually are included in the contract.
The breakdown of her extended contract is:
- Contract Time: 7 years
- Contract Worth: $22.4 million
- Base salary: $1 million per year
- Outside compensation: $1.9 million in the first year, escalating by $100,000 per year subsequently.
- Total compensation: $2.9 million in the first year, rising by $100,000 per year afterward.
Staley received $655,000 in performance-based incentives for the 2021-2022 season, which included $500,000 for winning her second national title at South Carolina.
Given her success leading the South Carolina Gamecocks women's basketball team, her contract was extended. She has won six SEC Coach of the Year awards and guided the Gamecocks to two national titles one in 2017 and another one in 2021.
During her final season at Philadelphia's Murrell Dobbins Vocational High School, she was named the national high school player of the year.
Staley attended the University of Virginia and was named the ACC female athlete of the year and the national player of the year.
She completed her college career as the school's all-time scoring leader and the ACC's all-time leader in assists.
Staley played for Team USA throughout her career and was named the USA Basketball Female Athlete of the Year in 1994. She represented the United States in the Pan American Games in 1995.
Staley was named to the United States national team in 1998 and played on the team that won the gold medal at the FIBA World Championships. She averaged 7.0 points per game and made 52 assists.