After overseeing the UMBC men’s basketball team’s historic turnaround, culminating with a stunning NCAA tournament upset last season, Retrievers coach Ryan Odom will make nearly double his previous salary under his new contract, according to a copy of the document obtained through a public-records request.
The revised deal will pay Odom, 43, a base annual salary of $425,000 through 2023. Odom, who was hired in March 2016, was due $225,000 in 2017, according to a copy of his previous contract also obtained in a public-records request.
Under his new deal, Odom will be owed an additional $75,000 for school alumni, fundraising and media appearances. Staff rewards for performance benchmarks also have increased: an allocation of $25,000 for an NCAA tournament appearance, $22,000 for a National Invitation Tournament appearance, $20,500 for a lower-tier postseason tournament appearance and $17,500 for appearing in an America East Conference tournament final on the road.
Odom’s buyout increased from $168,750 through April 2020 to $225,000 for the duration of his contract.
The new deal was agreed to in late March — more than a week after UMBC stunned No. 1 overall seed Virginia in the first round of the NCAA tournament, becoming the first men’s No. 16 seed to win against a top seed since the tournament field expanded to 64 teams in 1985. The contract went into effect April 1, but was not signed until May 17.
Odom is 46-24 overall since taking over the Catonsville school after a year at Division II Lenoir-Rhyne. Last season, the Retrievers set a single-season program record for wins (25) and won the America East for the first time in a decade.