CARBONDALE — New SIU men's basketball coach Bryan Mullins could earn an extension of the second-richest contract in Saluki history after two good years, according to the deal.
Mullins, 32, signed a five-year contract with his alma mater in April with a base salary of $475,000 a season. The former associate head coach at Loyola helped the Ramblers to the Final Four in 2018 and was a Hall of Fame point guard for the Salukis from 2005-2009. His contract is the second-richest in school history, below his former coach, Chris Lowery, who signed a seven-year extension worth more than $750,000 per season after taking SIU to the Sweet 16 in 2007.
Under terms of his new deal, obtained by The Southern Illinoisan, Mullins and athletic director Jerry Kill would be required to meet and discuss an extension of one or more years after his second season if he has "comprehensive evaluations which show positive results of his yearly goals and objectives (as set forth by director)." Any extension would have to be approved by the SIU Board of Trustees.
Mullins would receive an automatic one-year extension if Kill steps away from the athletic director spot before the end of the deal (March 31, 2024). Kill did not sign a new contract with SIU this year, when he became the permanent athletic director in addition to his title as the assistant to the chancellor. Kill took on both roles last November, and was appointed permanent athletic director in February.
Mullins, the youngest coach in the Missouri Valley Conference, got $360,000 to hire his three assistant coaches, $110,000 more than former coach Barry Hinson had to use on Anthony Beane Sr., Brad Autry and Justin Walker. Mullins announced his staff earlier this week, which includes his older brother, Brendan, former director of basketball operations at Loyola Jevon Mamon and former Milwaukee assistant coach Pat Monaghan.
Mullins also got perks Hinson had ($500 for a vehicle allowance, moving expenses and incentives for winning the MVC title and games in the NIT or the NCAA Tournament) and one he did not. SIU is providing Mullins $45 a month to pay for his cellphone, something Hinson did not have in his deal. Hinson did receive a montly stipend to pay for his cellphone, according to SIU's sports information office, but it was not written into his contract.
Hinson, who made over $300,000 a year, also had a yearly membership to the Dalhousie Golf Club in Cape Girardeau paid for by the university as part of his contract.
The buyout clauses, for both parties, are steep in Mullins' deal. The university would owe Mullins $225,000 if it terminates the agreement for any reason other than cause (NCAA or MVC violations, unapproved absences, or any violations by his staff that he failed to report) before it ends. And if it tried to after the end of his second season, it would owe an additional $425,000.
The contract states the university would owe $225,000 plus another $425,000 if it terminated the deal between March 31, 2021-April 1, 2022, when he would be completing his third season. The additional buyout goes down to $275,000 if it's terminated between March 31, 2022-April 1, 2023, and then down to $25,000 after March 31, 2023.
If Mullins leaves to coach another NCAA program, he would owe $125,000 for each year or partial year (years designated between April 1 and March 31 the following year) left on the contract. For example, if he decided to leave for another school on March 31, 2022, he would owe $250,000 to the school, the equivalency of two seasons that would be left on his contract (2022-23 and 2023-24).
However, according to the contract, Mullins and the university could agree not to pay any buyout to one another if they could mutually agree on a solution. The deal reads "If SIUC and Coach mutually agree in writing to terminate the Contract, neither party will be liable for the early termination penalty contained herein."