K-State Announces Contract Restructuring for AD Currie
K-State Announces Contract Restructuring for AD Currie
MANHATTAN, Kan. -- With Kansas State making continued progress toward its vision of a Model Intercollegiate Athletics Program -- which has included record-setting fundraising, attendance and facility enhancements -- Kansas State University President Kirk Schulz announced today that Athletics Director John Currie has signed a restructured contract with an extension through the 2020 academic year.
The agreement adds one year to Currie's current contract, securing his services through June 30, 2020. With the extension, the contract has been enhanced to provide more base salary while reducing the proportion of total compensation based on incentives. Schulz said that all potential athletically related bonuses have been removed from the contract. Currie's annual salary will increase to $775,000 for the 2015-16 year and all remaining years of the contract. The previous agreement allowed Currie to earn up to 55 percent of his $575,000 salary in performance related incentives, with a maximum set at $316,250.
"John Currie has built a model program that reflects the values of the K-State family," Schulz said. "The restructuring allows him to focus on maintaining the high performance standards the athletic department has established under his leadership. The relationship between intercollegiate athletics and the university community plays an important role in our goal to become a top 50 public research university."
"Our family is thankful and fortunate to call Manhattan home and we are grateful for the opportunity to belong to the K-State family," Currie said. "Thanks to the leadership of President Schulz and his K-State 2025 vision, our dedicated coaches, staff, loyal fans and donors, and, most importantly, more than 425 student-athletes, we continue to make terrific progress toward our vision of a Model Intercollegiate Athletics Program. We will continue to build upon those successes, both on the field and in the classroom."
Since Currie's introduction as director of athletics in May 2009, the Wildcats' athletics program has experienced a tremendous turnaround and unprecedented athletic and academic accomplishments. Currie's rebuilt senior leadership team has turned an inherited deficit into national acclaim as one of the NCAA's most financially solvent programs, initiated $190 million in comprehensive facility improvements including the new Vanier Football Complex, West Stadium Center at Bill Snyder Family Stadium, Basketball Training Facility, Intercollegiate Rowing Center and Mike Goss Tennis Stadium, and launched K-StateHD.TV, the nation's No. 1 premium digital network.
Athletically, Currie's tenure has been marked by across the board success including five straight bowl appearances in football, NCAA Men's Basketball Tournament appearances in five of the last six years and 101 All-America distinctions, while Wildcats have won five NCAA individual titles and 35 Big 12 titles. The 2012-13 campaign was also one for the ages as K-State became just the fourth BCS school since 1998 to win league titles in football, men's basketball and baseball the same year.
Academically, all Wildcat programs boast multi-year APR marks of at least .948, with the football, men's golf, women's golf, men's cross country and women's cross country teams sporting Big 12-leading scores. Approximately one-half of all Wildcat student-athletes (260) achieved a 3.0 GPA or higher this past academic year, while 39 student-athletes have earned Academic All-American honors in the past five-plus years.
With the tag line of "Welcome to K-State" symbolizing the goal of providing The Best Fan Experience in the Big 12, K-State's marketing and fundraising efforts have been completely overhauled in Currie's tenure. Responding to a new emphasis on personal interaction and communication, K-State supporters have pushed attendance to new heights, while more than $171 million in total gifts has been raised for K-State Athletics since Currie's arrival. Fiscal year 2014's cash total exceeded $46 million -- almost quadrupling the annual amount prior to his arrival. In fact, the department has raised more money over the past six years than it had in the previous 48 years combined (1961-2009). The Chronicle of Higher Education reported the top intercollegiate fundraising totals for 2014 in a recent feature with K-State checking in at No. 3 behind Texas A&M and Michigan, while Arizona and Texas rounded out the top five.
K-State Athletics has also proven to be a great partner to the university, having eliminated approximately $3 million in annual state and direct university funding of intercollegiate athletics under Currie's leadership to become the only institution in Kansas and one of only a handful nationwide to operate without these subsidies.
New ticket initiatives have led to 29 sellout crowds at Bill Snyder Family Stadium since 2009, including a current streak of 20 straight, while the 2013 football season saw K-State set new school records for total and average attendance. The Cats have also set new season total and average attendance records in baseball, sold a record number of season tickets for volleyball and baseball and became one of just 22 schools nationally to draw more than 12,000 in paid attendance for every regular season home men's basketball game over the last five seasons while also ranking in the top 25 in women's basketball attendance in multiple seasons.
The 2013 Bobby Dodd AD award winner and a 2012 UnderArmour AD of the Year, Currie serves on the NCAA Division I Administrative Cabinet and was the chair of the Big 12 ADs in 2013-14 while also being one of only two intercollegiate ADs named to SportsBusiness Journal's 2011 prestigious Forty Under 40 list of national sports leaders.