K-State Athletics Director John Currie has received a contract extension through the 2020 academic year according to university President Kirk Schulz Friday.
The new deal is a restructure of Currie’s previous contract agreement and includes an extra year, a bump in base salary and an increased buyout figure. Currie will now receive $775,000 annually starting the 2015-16 academic year through June 30, 2020, up from $575,000 this academic year. The new agreement dispels the $316,250 maximum that Currie could receive in incentives with his old contract.
Currie’s buyout has also been increased to $1.55 million from $950,000 according to The Wichita Eagle.
“John Currie has built a model program that reflects the values of the K-State family,” Schulz said in a press release. “The restructuring allows him to focus on maintaining the high performance standards the athletic department has established under his leadership. The relationship between intercollegiate athletics and the university community plays an important role in our goal to become a top 50 public research university.”
Currie has been named 2012 UnderArmour AD of the Year and 2013 Bobby Dodd AD award winner since arriving at K-State in 2009. In addition to Big 12 titles won in football, men’s basketball and baseball, Currie has helped add $190 million worth of upgrades for the Vanier Football Complex, West Stadium Center at Bill Snyder Family Stadium, Basketball Training Facility, Intercollegiate Rowing Center and Mike Goss Tennis Stadium.
“Our family is thankful and fortunate to call Manhattan home and we are grateful for the opportunity to belong to the K-State family,” Currie said. “Thanks to the leadership of President Schulz and his K-State 2025 vision, our dedicated coaches, staff, loyal fans and donors, and, most importantly, more than 425 student-athletes, we continue to make terrific progress toward our vision of a Model Intercollegiate Athletics Program. We will continue to build upon those successes, both on the field and in the classroom.”