Florida head coach Kelly Rae Finley directs her players during an NCAA college basketball game against Mississippi at the Southeastern Conference Women’s Tournament, Friday, March 4, 2022, in Nashville, Tennessee. (AP Photo/Mark Humphrey)


The five-year contract recently signed by Florida women’s basketball coach Kelly Rae Finley is worth $740,000 a year.

The University Athletic Association released its contract Wednesday in response to a public records request. Finley signed it on March 1, two days after agreeing to the terms of the $3.7 million deal.

She is the fourth highest paid coach on the Florida campus, behind football’s Billy Napier ($7.1 million a year), men’s basketball’s Mike White ($3.2 million) and the University’s Kevin O’Sullivan. baseball ($1.4 million).

Including Texas and Oklahoma, which are expected to join the league during the term of Finley’s contract, the average annual compensation for SEC women’s basketball coaches is $1.02 million. South Carolina’s Dawn Staley leads the league with $2.9 million a year, while LSU’s Kim Mulkey earns $2.5 million in his freshman season in Baton Rouge.

Finley, 36, will earn $450,000 in base salary a year, which is $175,000 more than his predecessor, Cam Newbauer. She will receive an additional $290,000 per year in allowances and incentives: an academic bonus of $4,000; a $25,000 apparel deal with Nike; $40,000 in travel on UAA aircraft; an expense account of $50,000; a talent bonus of $71,000; and a longevity bonus of $100,000.

Finley also uses a dealership car and can earn additional performance bonuses by winning the SEC or by participating and/or progressing in the NCAA Tournament.

Her deal does not include a buyout, which means Florida would be liable for all of her remaining salary (less mitigation) if it fires her without cause. Finley would owe the school $250,000 a year for each year remaining on the contract if she left for another job.

The Gators (21-10, 10-6 SEC) pulled off rare feats in Finley’s first season. She was named interim head coach in July after Newbauer resigned amid allegations that he verbally and physically abused players.

Under Finley, Florida had its first 20-win season since 2015-16, beat five ranked opponents for the first time since 2005-06 and reached its highest ranking (No. 15) in the women’s college basketball poll. of the Associated Press since 2008-09.

“Kelly Rae is such a talented young coach whose natural balance, intelligence and interpersonal skills have all been on display during this remarkable season of Gators women’s basketball,” said the athletic director of the Florida, Scott Stricklin. “I’m thrilled that she has the opportunity to build on the success of this year and that future Gators can benefit from her leadership as this team has.”

Although the Gators finished the regular season with a three-game skid, they bounced back to win the second-round game of the SEC tournament despite losing top scorer Kiki Smith to a knee injury in the final minutes. Smith, a senior and heart and program, is out for the rest of the playoffs.

Florida, meanwhile, is awaiting its NCAA Tournament seeding and first-round pairing. The selection committee could demote the Gators due to Smith’s season-ending injury.


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