Trustees Approve 8-Year Contract for Roy Williams

CHAPEL HILL -- The University of North Carolina at Chapel Hill Board of Trustees have unanimously approved an eight-year contract signed today by men's basketball coach Roy Williams. Williams, 53, is in his first season as Carolina's head coach after spending the past 15 years as the head coach at the University of Kansas.

The Asheville, N.C., native is a 1972 graduate of the University of North Carolina. He began his college coaching career as an assistant for 10 seasons (1978-88) under Dean Smith.

He compiled a 418-101 record in 15 years at Kansas. His winning percentage of .805 is number one in the country among active coaches and third-best in the history of college basketball.

Williams has been named the National Coach of the Year in 1990, 1992 and 1997 and was Big 8 or Big 12 Coach of the Year seven times. He was the fourth-fastest coach to win 400 games in college basketball history.

In April 2003, Williams received the John R. Wooden Legends of Coaching Award from the Los Angeles Athletic Club. Other winners include Dean Smith, Mike Krzyzewski, Lute Olson and Denny Crum.

Under Williams' leadership, the Jayhawks won nine regular-season conference championships and four postseason conference tournament titles, advanced to the NCAA Final Four on four occasions and qualified for NCAA Tournament play in each of the last 14 seasons. The current streak of 14 straight NCAA Tournament appearances is the second-longest active streak in the country and the fourth-longest streak in NCAA Tournament history.

The overall financial package under this contract, including a deferred income plan, matches the one Williams had with the Jayhawks, and he has a personal consulting contract with Nike he signed at Kansas that was approved by the chancellor and director of athletics. He will receive an annual base salary of $260,000 and $25,000 expense account from the University of North Carolina. He also has a contract for $347,300 annually for multi-media responsibilities with Learfield Communications, Inc.

UNC has assumed financial responsibility for the remainder of the deferred income plan previously established for Williams totaling $3,867,078. That money will be divided over a five-year period, beginning in the second year of the contract. UNC will not use state or university funds to pay this obligation. Instead, the money was raised through private donations.

"Coach Williams is the perfect fit for the University of North Carolina because he understands its primary mission is to educate its students," says Director of Athletics Dick Baddour. "Roy Williams is not only a great coach with Hall of Fame credentials, but he also is an exemplary role model and teacher. He sees his team as students first and basketball players second.

"Coach Williams has proven over the last 15 years to be one of the finest coaches in the game. He should be compensated as one of the top leaders in his profession. We believe this contract is competitive with other coaches of his stature.

"We are so thankful to the many contributors who stepped forward. They have the utmost respect for and confidence in Coach Williams and looked at this opportunity as an investment in the entire Carolina athletics program. So many of them have already been extremely generous to the Carolina First campaign. We appreciate their interest now in going above and beyond their original gifts to the University."

"Coach Williams' financial package, minus the deferred compensation, is consistent with that of our previous men's basketball coaches. His base salary is equal to that of head football coach John Bunting."

Williams became the head coach one week after leading Kansas to the NCAA championship game. It was the second consecutive Final Four appearance for the Jayhawks.

"We wanted the best person we could get to lead our basketball program, and Roy Williams is that person," says Chancellor James Moeser. "We believe he's the best coach in the country, and we know he's the best coach for Carolina, and we're confident that he will do a great job of teaching our student-athletes."

"I appreciate the confidence the Board of Trustees, Chancellor Moeser and Dick Baddour have in me as Carolina's head coach," says Williams. "I'm excited about being back at my alma mater and am anxious to get on the court with my team. We've enjoyed getting to know each other in the last few months and now we are ready to get started with practice this weekend."

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