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Otzelberger’s annual pay package at Iowa State is $1.5 million

Iowa State announced T.J. Otzelberger will be the next head coach of its men's basketball team.
Iowa State announced T.J. Otzelberger will be the next head coach of its men's basketball team.
Published: Jun. 28, 2021 at 12:59 PM CDT
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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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