K-State signs Snyder to 5-year, $14.75M deal
BY DAVE SKRETTA Associated Press
Friday, February 01, 2013
2/01/13 at 5:21 AM
MANHATTAN, Kan. - Bill Snyder turned 73 in October, so it was only natural that folks across college football would start wondering just how long the maestro of Manhattan would remain on the sidelines.
Kansas State delivered its answer Thursday: As long as he wants.
Snyder signed a new five-year contract that includes an increase in base compensation to $14.75 million over the life of the contract. The deal replaces one signed in 2009 that did not specify his compensation past the fifth year, and like that contract, it will roll over annually.
Snyder, who was voted AP's Big 12 coach of the year after going 11-2 this season, will make $2.75 million for the 2013 season, with annual increases of $100,000 through the 2017 season. The contract also includes several bonus and benefit provisions.
"We have continued to make daily improvement as a football program," Snyder said, "and I am grateful for the opportunity to continue and will do so as long as I feel I am having a positive impact on our university, community and football program and the young men that are involved."
Athletic director John Currie told The Associated Press that he wanted to reward Snyder after winning the school's second Big 12 title this past season, but he also acknowledged that rumors and questions that always seem to circle around the most successful coach in school history.
Some recruits have begun to question whether Snyder would be around for their entire career, and two assistants have departed the staff this offseason - one for Arkansas, another for Big 12 rival Oklahoma State - and generated more questions about the program's long-term stability.
"This is really recognition of his leadership," Currie said in a phone interview, "and it also sends a signal: How long he's going to coach, whenever he's going to retire, all that stuff, however long it is we're happy to have him here."
Original Print Headline: K-State signs Snyder for five more years, $14.75M