Providence Journal, May 16, 2017
"For the fourth time in his tenure as Rhode Island men's basketball coach, Hurly has signed a contract extension. His deal runs through the 2023 - 24 season."
"Hurley's base salary of $300,000 remains intact, and his annual compensation by the end of the deal will be nearly $1.1 million. The state is responsible for a small portion of his salary thanks to it's 9 - percent contribution to URI's general operating budget. The school is responsible for the remainder."
"In addition to his base salary, Hurley will receive:
- $640,000 in gate receipts from 2017 - 18, with any shortfall offset by a five - year, $1 million pledge from the URI Foundation. (Hurley received $590,000 in gate receipts in 2016 - 17.
- $10,000 for appearances at athletic department functions through 2017
- $60,000 for appearances at athletic department functions through 2018
- $110,000 for appearances at athletic department functions from 2019-24
- $25,000 for his radio show
- $65,000 for an away game guarantee (buy games)"
"URI benefits in the form of increased buyout amounts through the life of the deal. the school would be entitled to a maximum payment of $1.5 million after the 2017 - 18 or 2018 - 19 seasons, $1.2 million through the following three seasons and $500,000 through the final two if paid in equal monthly installments. Lump sum payments of $1.25 million, $1 million, $850,000, $700,000 and $500,000 could be made to terminate the contract through the first five years."
"For the fourth time in his tenure as Rhode Island men's basketball coach, Hurly has signed a contract extension. His deal runs through the 2023 - 24 season."
"Hurley's base salary of $300,000 remains intact, and his annual compensation by the end of the deal will be nearly $1.1 million. The state is responsible for a small portion of his salary thanks to it's 9 - percent contribution to URI's general operating budget. The school is responsible for the remainder."
"In addition to his base salary, Hurley will receive:
- $640,000 in gate receipts from 2017 - 18, with any shortfall offset by a five - year, $1 million pledge from the URI Foundation. (Hurley received $590,000 in gate receipts in 2016 - 17.
- $10,000 for appearances at athletic department functions through 2017
- $60,000 for appearances at athletic department functions through 2018
- $110,000 for appearances at athletic department functions from 2019-24
- $25,000 for his radio show
- $65,000 for an away game guarantee (buy games)"
"URI benefits in the form of increased buyout amounts through the life of the deal. the school would be entitled to a maximum payment of $1.5 million after the 2017 - 18 or 2018 - 19 seasons, $1.2 million through the following three seasons and $500,000 through the final two if paid in equal monthly installments. Lump sum payments of $1.25 million, $1 million, $850,000, $700,000 and $500,000 could be made to terminate the contract through the first five years."