Chapel Hill, North Carolina — North Carolina has had no trouble paying its men’s basketball coaches Hubert Davis With a bolstered contract and a pay raise after his debut season at work created a magical ride to the NCAA championship game.
The new deal covers the next six seasons through 2027-28 and is worth approximately $16.7 million in total compensation, an increase of more than $6.5 million in packages over the life of the deal. He will receive $2.3 million in raises this season, rising to $3.1 million by his final year. Performance bonuses can add upwards of $1 million per season.
Davis signed a new contract on August 22nd, the terms of which will run until June 30th, 2028. He made his $1.8 million last year as part of his first head coaching contract, and received an additional $575,000 in bonuses related to the finals of the NCAA Tournament. Four and National Championship Game.
UNC promoted Davis from his assistant coaching post in April 2021 to replace legendary Roy Williams upon his retirement. Davis signed a five-year deal worth approximately $10 million in salary, additional compensation, multimedia and manufacturer deals. He would have made at least his $2.9 million in the final year of his old contract, which was due to expire on June 30, 2026.
The Tar Heels went 29-10 overall last season and 15-5 in the ACC, finishing second in the conference standings in Davis’ first year. UNC won 11 of his last 13 games, defeating rival Duke in his two epic matchups before losing to Kansas in the NCAA title game.
Kansas’ Bill Self collected the most of any college basketball coach last season, at about $10.2 million a year, according to the USA Today database that tracks NCAA coaching contracts. Calipari ($8.6 million), Michigan’s Tom Izzo (about $8.34 million), Duke’s retired Mike Krzewski (about $7.35 million) and Villanova’s retired Jay Wright (about $6.2 million) continued.
North Carolina, this season’s preseason No. 1 team, will face Johnson C. Smith in an exhibition game on Friday night. The Tar Heels will begin his second season under Davis on November 7 against UNCW.
Davis, 52, played for the iconic Dean Smiths from 1988 to 1992, helping North Carolina to the Final Four in 1991 and ACC Tournament titles in 1989 and 1991. He scored his 1,615 points (his 11.8 points per game) in his 137 career games. Career 3-point holds his UNC record for his shooting percentage (43.5%). He earned his All-ACC honors for the second team as a senior after averaging 21.4 points per game from his 1991 to his 1992 season. After playing his 12 years in the NBA, he worked as a college basketball analyst at ESPN for seven years.
“For the past 11 years, I’ve been in this program,” Davis said at the ACC Tipoff preseason event two weeks ago. Head coach, it puts you in a place of humility and gratitude and gratitude, where you’ve always loved.
“I don’t see it as a job at all. Like I said before, this is missionary work. It makes me want to be a part of each of these children’s lives and what Coach Smith has given me.” It gives us the platform and the ability to give back everything that has been given to us.
Hubert Davis’ new contract:
Base salary remains at 40 million
Additional compensation increased to $1.1 million this year, increasing to $1.9 million annually in 2027-28
Rear field compensation: $500,000
Nike Reward: $250,000
Performance-Based Compensation Bonus Opportunities (total bonus capped at $1.08 million):
ACC Regular Season Title ($50,000)
ACC Tournament Title ($50,000)
NCAA Tournament Qualification ($100,000)
NCAAT Round of 32 ($100,000)
NCAA Suite 16 ($75,000)
NCAA Elite Eight ($200,000)
NCAA Final Four ($200,000)
NCAA Title ($250,000)
ACC Coach of the Year ($25,000)
National Coach of the Year ($50,000)
APR 975 and above ($75,000)
