Arkansas Extends Anderson's Contract
Arkansas announced Tuesday that it has extended the contract of head basketball coach Mike Anderson through the 2020 season.
Anderson, whose Razorbacks (11-2) visit Georgia (9-3) Tuesday night at 6 p.m. on ESPN, are currently ranked No. 23 in the Associated Press poll.
This is the first season that Arkansas - who got off to tis best start in 17 years - has been ranked in seven years and Razorback athletic director and Vice Chancellor Jeff Long noted the extension was about progress on and off the court.
“Under his leadership, we have made substantial progress on the court," Long said in a statement. "He has firmly positioned our program to once again compete for SEC championships and return to the NCAA Tournament for years to come.
"Even more dramatic, has been the transformation of the academic culture within the men’s basketball program,” Long added. “Coach Anderson and his staff have helped establish an expectation of graduation for all men’s basketball student-athletes.”
Anderson, who actually signed the extension back on Dec. 3, will continue to make just more than $2.029 million.
He is now 70-41 since arriving to Arkansas from Missouri in 2011, including 60-6 at home, and season ticket sales have gone up nearly 3,000 fans since he replaced John Pelphrey.
Anderson’s teams are just 26-29 against SEC teams in his Razorback head coaching tenure, but Arkansas has won 8 of its last 10 SEC games.
The Razorbacks have not made the NCAA Tournament since his return but did end a seven-ear post-season drought by playing in the NIT last season.
Anderson, who had six players graduate last spring, has led Arkansas back from an APR penalty that cost it a scholarship before his arrival, to a perfect APR score in the next reporting period.
“This is the kind of commitment that confirms my decision to be the head coach at the University Arkansas and return to a place that has been so great to me and my family," Anderson said in a statement. "I know I’m the right person for this job and I know how many people in the state of Arkansas that our program touches.
"We will return to NCAA Tournaments and I will get the job done,” Anderson added.
The contract extension includes a $1 million mirrored buyout if Arkansas is fired or if he decides to take a job at another school and also includes a non-compete clause regarding other SEC schools.
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