Luck strikes new deal
October 12, 2012 ·
West Virginia University President Jim Clements approved today an amended employment agreement for Director of Athletics Oliver Luck, extending his employment from 2015 to 2017 and increasing his salary and incentives.
takes effect Oct. 15.
Under the agreement, Luck’s salary will
be $550,000 dollars a year with a maximum performance bonus capped at an
additional $150,000 per year. He will also receive retention incentives for
fulfilling terms in the contract.
Clements said Luck has overseen several
major capital projects, hired new head coaches and been involved in the best
fund-raising year in Athletic Department history – raising almost 23 million
dollars this past year.
Luck is in the
third year of his original five-year contract that began on June