Frank Haith bolted for Tulsa after just three seasons at Missouri, and the Tigers turned to their past in hiring former Norm Stewart assistant Kim Anderson to replace him. On Friday, Anderson’s salary was released by the University of Missouri and he’ll be guaranteed $1.1 million annually under his five-year contract, a rather large increase over his previous gig.
Anderson was hired away from Division II Central Missouri, where he was making $165,500 annually according to a report from the AP. At Central Missouri, Anderson compiled a record of 274-94 and is in the top 10 in Division II career winning percentage.
As a player, Anderson led the Tigers to the Big Eight conference title in 1976 before joining the Stewart’s staff as a grad assistant and then his full-time assistant from 1991 through 1999.
The AP is also reporting that Anderson’s base salary will be $300,000 annually, but through guaranteed bonuses he will be paid the $1.1 million on a yearly basis. Additionally, Anderson will be eligible for another $100,000 for each 20-win season that leads to an NCAA tournament berth; an extra $100,000 if named national coach of the year; and $50,000 for each NCAA appearance, regardless of regular season record.
The former Tigers star was passed over for the Missouri job in favor of flashier names three times before landing his dream job this offseason. In 1999, Missouri chose Quin Snyder over him and then also hired Mike Anderson and Haith before giving the coach his opportunity at his alma mater.
Anderson will take over a Missouri team that went 23-12 this past season and bowed out in the second round of the NIT tournament. It will also lose three contributors in Jordan Clarkson, Jabari Brown and Earnest Ross.