KNOXVILLE, Tenn. - Pat Summitt is the newest millionaire coach.
University of Tennessee officials said Monday they raised Summitt's salary to $1.125 million for next season and added six years to extend her contract through the 2011-12 season.
The 53-year-old Summitt leads all Division I basketball coaches — men's and women's — with 913 career wins. She will be starting her 33rd season with the Lady Vols this fall.
Her salary was $824,500 last season.
"Not only is Coach Summitt the winningest coach in college basketball, but she is a tremendous ambassador for our university and our state," school president John Petersen said. "I am proud that she will continue to represent the university for many years to come."
Summitt's base salary will increase from $300,000 to $325,000. She will get $350,000 for radio and television commitments, $300,000 for endorsements and $150,000 as a public relations fee.
Over six years, the salary package will increase each year and average $1.3 million a year. The contract calls for Summitt to be paid $1.5 million in the final year.
She is the second-highest paid coach at Tennessee behind football coach Phillip Fulmer, who makes $2.05 million annually. Men's basketball coach Bruce Pearl got a raise earlier this year to $1.1 million from $800,000.
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