WICHITA, Kansas — Wichita State University head men’s basketball coach Gregg Marshall’s salary will increase to $1.6 million beginning Nov. 9, and to $1.75 million beginning in April, 2014, under a revised contract agreement between the school and Marshall, Director of Athletics Eric Sexton announced today.
“We believe this commitment to Coach Marshall through this salary increase for his continued success both through building great young men and his continued commitment to Wichita State that culminated in the Shockers’ 2013 Final Four appearance deserves this type of well earned compensation,” Sexton said. “This amendment clearly recognizes Coach Marshall as one of the country’s elite coaches, and that Wichita State will continue to belong under his leadership.”
Marshall, who is in his seventh season, has a seven-year rolling contract that extends by a year each April 16. With last season’s rollover, he is under contract until 2020.
Marshall also has an increased salary pool of $501,000 to hire and retain three full-time assistants and a Director of Basketball Operations.
“I want to thank our administration for the tremendous commitment they have shown to our entire basketball program,” Marshall said. “From our enhanced amenities in Koch Arena and our renovated locker room to improved compensation to all our coaches, Wichita State University has shown great appreciation for what we do. Obviously I feel this is a Big Time basketball program and I feel truly blessed to be your basketball coach. Go Shockers.”
In 2012-13, a Final Four appearance by the Shockers topped a six-year reconstruction at Wichita State under Marshall. En route, WSU defeated Pittsburgh, Gonzaga, La Salle, and Ohio State before losing to eventual National Champion Louisville in the National Semifinal game in Atlanta. The voters in the USA Today Coaches poll rewarded the Shockers with a final No. 4 ranking, their highest final ranking ever.
Marshall has also coached WSU to the richest four-year stretch in school history as the Shockers have won a record 111 games. Marshall earned the Valley’s Coach-of-the-Year award in 2012 and 2013, while his teams earned the Valley’s Defensive Team of the Year in 2011, 2012 and 2013.
Marshall carries a 139-70 record in six years at Wichita State, and a 333-153 record in 15 seasons as a head coach.
The back-to-back NCAA appearances in 2012 and 2013 were the first for the school since 1987 and 1988, the first in 24 years, while WSU’s 2012 Missouri Valley Conference championship was the first since 2006.
Entering the 2012-13 season, the Shockers had the best two-season record in WSU history after taking WSU back to the NCAA postseason for the first time since 2006, while they also won the 2011 NIT Postseason Tournament with a 5-0 record that included a finals trip to Madison Square Garden where WSU defeated Washington State and Alabama.
The reconstruction brought WSU from 11 wins in Marshall’s first season to a school-record 30 wins in 2013 that ended with the Final Four trip, the second for the Shockers, but the first in 48 years.