Otzelberger’s annual pay package at Iowa State is $1.5 million
AMES, Iowa (AP) — New Iowa State men’s basketball coach T.J. Otzelberger will be paid $1 million per year with an additional $500,000 in supplemental benefits under terms of his five-year contract.
Otzelberger’s base pay is $300,000 and he receives $700,000 for public appearances, speaking engagements and media obligations.
The supplemental benefits include university contributions to his retirement plan.
Otzelberger also will receive a bonus if the Cyclones are among the top four seeds in the Big 12 Tournament, with the No. 1 seed earning him $250,000.
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