It took a few months, but reaching a Final Four finally paid off for Wichita State coach Gregg Marshall. The Shockers' Poobah will receive a base salary of $1.6 million beginning on Nov. 9, the school announced.
That salary will increase to $1.75 million next April, and Marshall has a seven-year rolling contract set in place, which means the deal extends at the end of every season. He and the school are inked through 2020 now. Previously, Marshall was bringing in $1.03 million per season.
“We believe this commitment to Coach Marshall through this salary increase for his continued success both through building great young men and his continued commitment to Wichita State that culminated in the Shockers' 2013 Final Four appearance deserves this type of well earned compensation," WSU AD Eric Sexton said in a statement. “This amendment clearly recognizes Coach Marshall as one of the country's elite coaches, and that Wichita State will continue to belong under his leadership.”
The 2013-14 season will be Marshall's seventh at Wichita State. The school also noted Marshall has $501,000 to divvy for his four-man staff -- a very charitable amount, given the league (Missouri Valley, where Marshall is 139-70) Wichita State plays in.
“I want to thank our administration for the tremendous commitment they have shown to our entire basketball program,” Marshall said in a statement. “From our enhanced amenities in Koch Arena and our renovated locker room to improved compensation to all our coaches, Wichita State University has shown great appreciation for what we do."
The past four seasons have seen Wichita State perform extremely well under Marshall (for example, look at the trend lines in the middle of the 2011-12 season, 14 months before he took the program to the Final Four), the program winning 111 games -- the most in such a stretch in team history. The Shockers will most certainly be the preseason favorite to win the Missouri Valley, especially since Creighton left the league to join the Big East.
In other Shockers news, last week we learned freshman D.J. Bowles' career at the school ended before it had a chance to begin due to a heart condition stemming from his collapse during a team workout on Sept. 3.