Bill Self is a Jayhawk for life. On Friday, it was announced that the Kansas basketball coach has agreed to a “lifetime contract” to remain in Lawrence.
Self’s lifetime contract is a five-year deal that automatically adds one year to the end of his deal for the duration of his time with the program.
During his time at Kansas, Self has amassed a 522-118 record, reached the Final Four three times, and led the Jayhawks to the 2008 national championship.
“Every day, I am reminded just how fortunate I am to lead this storied program and there truly is no place else I would rather be,” Self said in a statement. “As we continue to work through the challenges facing our program, we look forward to moving ahead and focusing on our bright future.
“I would also like to express my gratitude to our alumni and donors, as well as the best fans and students in the nation, that have supported my family and me for the past 18 seasons. I’m excited to remain your basketball coach and compete for many championships in the future.”
Self’s annual salary will not be less than $3 million.
ESPN’s Darren Rovell provided a breakdown of Self’s salary under the new deal.
Kansas has signed Bill Self to a "Lifetime Contract" that will roll over to always have a five-year term. His annual salary will be not less than $3M and is divided like this:
$225K: Base salary
$1.4M: Education, PR, Promotion
$1.35M: Royalty for name, image and likeness.
— Darren Rovell (@darrenrovell) April 2, 2021
This season, Kansas went 21-9 and was bounced from the NCAA Tournament in the Round of 32.