Hamilton gets extension

Mike Hamilton has agreed to a contract extension that will keep him as the University of Tennessee men's athletic director through June 30, 2011. An official announcement is expected within a few days, according to a source close to the negotiations.

``We have an agreement in principle and it's waiting to be signed,'' Hamilton said Thursday. He would not confirm the length of the extension.

Hamilton, who replaced Doug Dickey in 2003, will get a modest raise in his base pay but a more significant raise from revenues generated through radio and television and apparel and other sources of income.

Hamilton will also get a retention bonus if he stays at UT through June 30, 2011.

Hamilton has the ability – although highly unlikely -- to make another $125,000 through athletic and academic performance bonuses. The cap on the athletic and academic bonuses is $62,500 each. He has reached the athletic bonuses twice but has not come close to maximizing the academic bonuses. The most he has made in bonuses in a given year is less than $80,000.

Hamilton's current base pay of $236,900 puts him among the lower half of athletic directors in the SEC, in part because he's relatively new on the job and in part because UT has a separate men's and women's athletic department.

Joan Cronan, women's athletic director, has a base pay of about $190,000 and has a similar bonus structure as Hamilton.

Hamilton's base will exceed $250,000, well below that of Florida's Jeremy Foley, Arkansas' Frank Broyles, Georgia's Damon Evans, Kentucky's Mitch Barnhart and LSU's Skip Bertman.

Hamilton's high water mark as UT athletic director was hiring Bruce Pearl, who led the Vols to an SEC East Division championship and a program-best No. 2 seed in the NCAA Tournament.

Hamilton's first contract at UT was for four years. After one year, he got a one-year extension from then-UT president Dr. Joe Johnson through 2008.

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