What was rumored for a few weeks came to fruition Friday when North Carolina announced that they have extended the contract of basketball head coach Roy Williams. Williams will now have his contract extended an additional two years through the 2019-20 season. It’s odd timing, as this news comes on the heels (pardon the pun) of North Carolina being in hot water over their current academic fraud scandal.
However, North Carolina administrators are clearly in Williams’ corner. Remember, Williams’ name was not named in any of the allegations put fourth by the NCAA. Athletic Director Bubba Cunningham is standing by Williams, as Cunningham and the school believe he played no part in their academic fraud scandal.
North Carolina’s athletic website issued a release on Friday:
“I’ve said I want to coach another six to 10 years, so this contract takes me right to the edge of that, which is good,” says Williams. “I appreciate the confidence Chancellor Folt and Bubba Cunningham have in my leadership of the basketball program. They’ve demonstrated that with this contract extension, and with their support over the past several years, which have been a challenge for all who love Carolina as I do. I thank them on behalf of our basketball program and me personally.”
Williams’ new contract includes a base salary ranging from $408,169 next year to $595,409 in 2019-20, deferred compensation ranging from $1,550,000 next year to $1,750,000 in 2019-20 and an annual expense account of $40,000.
The Tar Heels are in prime position next year to compete for a national title. Many pundits have them in their preseason top-5, as they return four key starters. Williams is 332-101 in his time at North Carolina, while winning two national championships in the process.