Kevin Anderson's Maryland athletic director contract is for five years at $401,015 annually, but contains a provision that could potentially keep him at the university much longer, according to a copy of the document obtained Tuesday by The Sun.
The contract says the five-year term shall be automatically extended each September by one year unless either party -- Anderson or Maryland -- "informs the other in writing that ... it does not want to extend this contract for an additional year."
In addition to the base salary, the contract offers up to $50,000 in incentives for athletes' graduation rates and academic achievements, athletic fund-raising, and teams' success.
The contract, signed by Anderson and acting president Nariman Farvardin on Oct. 13, is similar to the one held by former athletic director Deborah Yow, who left during the summer to assume the same position at North Carolina State.
The Baltimore Sun obtained both contracts under a public records request filed with the university.
As of now, Anderson's contract would expire on Sept. 30, 2015. Yow also began with a five-year contract but remained at the school 16 years. As of several years ago, her base salary was $350,000, according to an extension she signed in 2007.
Anderson, the former Army athletic director, officially began at Maryland on Oct. 1. He was working under a memorandum of understanding while his contract was finalized.
Anderson's contract emphasizes the importance that he and incoming Maryland president Wallace D. Loh place on academics.
Anderson's largest incentives are for athletes' classroom successes. He would receive $15,000 each year that athletes' six-year graduation rate exceeds that of the university's undergraduate body as a whole. He would get $10,000 if at least 410 athletes made the honor roll.
In 2008-09, 271 athletes made the honor role, according to an athletic department strategic plan released last year. The school has about 700 athletes.
Anderson would receive bonuses for boosting fund-raising, and increasing membership in the Terrapin Club, which provides scholarship for Maryland athletes.
There are incentives if 10 or more of Maryland's 27 teams qualify for postseason competition ($5,000) and if Maryland makes the top 30 of the Director's Cup ($5,000).
The Director's Cup ranks schools nationally according to success in many sports. Maryland finished 28th in 2009.Stanford was first.