The compensation committee of the UA board of trustees just gave unanimous approval to extend athletic director Mal Moore’s contract through 2014.
Moore, 70, will get a base salary of $550,000 a year — up from $425,000 a year — over the next four with several incentives possible. For example, if the Crimson Tide football team wins a national title, Moore lands another $50,000.
Moore would also get bonuses for student-athlete academic success. If the overall graduation percentage for all athletes is five percent better than the general undergraduate population, Moore nets an extra $40,000.
Overall, not a bad day for Moore.
Here’s the statement the AD just released through UA media relations:
“The confidence shown in me is humbling, but it is really a show of confidence in our student-athletes, our coaches and our staff. Due to their fine work, we just completed one of the most successful years in our athletic history and our future is bright. There is plenty to accomplish on the conference and national levels and I am looking forward to the challenges ahead. I’m extremely excited about the direction of Alabama athletics.”
Read more in tomorrow’s paper.