Charlotte Men’s Head Basketball Coach Bobby Lutz
Contract: Jan. 4, 2009 – March 31, 2014
Annual Salary: $237,000
Coach shall receive $145,000 in supplemental pay each year, which will be paid from non-state funds
$125,000 lump sum longevity incentive payment if coach is employed as head coach on April 30, 2013.
$50,000 annually for radio, television appearances
$15,000 if the team wins the Atlantic 10 Conference Tournament
$10,000 if the team wins or shares the regular season Atlantic 10 conference championship (or the championship of any other athletic conference which the university is a member of)
$10,000 for revenue from TV appearances for the Atlantic 10 Conference
$15,000 if the combined average GPA for the recruited scholarship student-athletes exceeds 2.7 for that academic year.
$10,000 if the combined average GPA for the recruited scholarship student-athletes exceeds 2.5 for that academic year.
$10,000 for each academic year in which the men’s basketball team achieves and Academic Progress Rate score of 1,000.
$8,000 per year plus 20 percent of the difference between the total gross revenue from season tickets in any given season compared to the total gross revenue received for the 2006-07 season, which is agreed to be $406,831
$5,000 for each recruited scholarship student-athlete who graduates from university within two calendar years of the last semester in which the student was eligible to compete.
$5,000 for the sole purposes of operating and promoting coach’s basketball camps.
$1,000 per speaking engagement. No more than 10 per year.
For each student ticket actually utilized for attendance during any one regular season of men’s basketball that is in excess of the number of student tickets utilized during the 2006-07 season, which is agreed to be 11,623 tickets, university will pay coach $3
For individual game tickets sold during any one regular season, the university will pay coach 20 percent of the difference in total gross revenue received from such sales compared to the total gross revenue from such sales in the 2006-07 season, which amounted to $68,591.
During each men’s basketball season, for up to two home games played against teams from any conference whose champion is given automatic bid to a Bowl Championship Series football bowl game, university will pay coach $3 per individual game ticket sold for that game.
For any non-conference games played as home games by university where the opponent is a team with a three-year rolling RPI of 30 or better, university will pay coach a lump sum of $10,000. If the opponent has a three-year rolling RPI of between 31 and 5-0, then the payment will be $5,000. Payments are capped at $20,000.
Coach may schedule up to one away contest per year with a non-conference opponent for which a game guarantee is paid by the host institution. After payment of all expenses associated with the contest, university will pay coach 50 percent of the game guarantee actually paid to the university.
University will pay basic monthly, annual or other basic dues required to maintain a membership in coach’s name at (a) the Old North State Club at Uwharrie Point in New London, N.C. (b) Cabarrus Country Club in Concord, N.C.
5 percent annual salary if the basketball team competes in the NCAA Division I Men’s basketball championship
5 percent annual salary if basketball team reaches the second round of the tournament
5 percent annual salary if team reaches the Sweet 16
5 percent annual salary if the team reaches the Elite 8
5 percent annual salary if the team reaches the Final 4
5 percent annual salary if the team competes in the NCAA Championship
5 percent annual salary if team wins NCAA Championship
5 percent annual salary if coach is names Atlantic 10 Coach of the Year
Coach may waive the payment of all or a portion of any of the bonuses and request that the money be paid to one or more members of his coaching or athletic support staff.
University will provide coach with the use of one late-model automobile, including liability insurance and reasonable costs of operation and maintenance.
University will provide 10 season tickets for the men’s basketball regular season in the lower seating section of Halton Arena at no coast or expense to coach. An additional five season tickets will be made available at no cost to coach in the upper seating section of Halton Arena.
University will reimburse coach the cost of professional tax return preparation for both N.C. and federal individual tax returns.