Mitch Barnhart signed on as Kentucky’s athletic director nearly 14 years ago, and he might make it another 14 if a new contract extension is any indication.
The 57-year-old is now tied up through 2022, according to a university posting Friday.
Kentucky.com‘s Jen Smith first reported the news, noting that Barnhart’s $730,000 salary will increase to $840,000 in 2019, $880,000 in 2020 and $925,000 in 2021.
The new agreement features several other financial stipulations, including additional six-figure bonuses — beginning in 2019 — that go toward his retirement fund if he is still employed by the school.
Since Barnhart arrived in July 2002, the Wildcats have won two team national championships, rifle (2011) and men’s basketball (2012), and raised tens of millions for on-campus facilities.
He participates in several NCAA committees, including a recent appointment to the men’s national basketball selection committee, which determines seeding for the annual March Madness bracket.
“I think this is one of the top jobs in the country and I will work tirelessly day and night with great energy and enthusiasm to make this program something you can be extremely proud of,” Barnhart said at his introductory press conference in 2002. “There is no reason it cannot be everything you want it to be.”