Davidson quietly extended the contract of men’s basketball coach Bob McKillop before the 2014-15 season, school president Carol Quillen confirmed to the Observer on Thursday.
Quillen wouldn’t disclose the terms of the new, multi-year deal, the news of which the school did not release at the time. McKillop’s previous contract, which paid him a reported $381,125 per year, was renewed in 2008 and would have expired at the end of the 2015-16 season.
“We’re incredibly grateful that Bob has chosen to spend his career at Davidson,” said Quillen. “We’re lucky to have him here.”
McKillop, 64, last season’s Atlantic 10 coach of the year who is on the verge of his 500th career victory at Davidson, declined to comment.
Most of McKillop’s 26 seasons at Davidson have been in the Southern Conference, where he was among that league’s highest-paid coaches. In Davidson’s first season in the more-competitive Atlantic 10, the Wildcats won the regular-season championship and earned an at-large berth in the NCAA tournament.
According to industry sources, McKillop’s new salary is in the $400,000 range, which would be among the lowest in the Atlantic 10.
His 495 career victories rank first among Atlantic 10 coaches, ahead of others who earn considerably more than he does, including Massachusetts’ Derek Kellogg ($994,500), Saint Joseph’s Phil Martelli ($902,000) and Duquesne’s Jim Ferry ($600,000). Virginia Commonwealth recently hired Will Wade, with a total compensation package worth about $1 million a year. At Mecklenburg County’s other Division I program, the Charlotte 49ers’ Mark Price is earning $500,000 in his first season as a head coach.
“A coach and person of Bob’s caliber always has a wide range of choices in his career,” said Quillen. “We’re glad he’s chosen Davidson. We love working with him and he’s a crucial part of the Davidson family.”
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