Mizzou releases details of Dennis Gates’ contract

COLUMBIA, Mo. (KMIZ)

Mizzou's men's basketball coach Dennis Gates will earn $16.5 million of guaranteed money in his contract over the next six years.

ABC 17 News did an open records request to receive the contract. Details show the six year deal has an annual base salary of $300,000. 

Gates will be starting at $2.5 million in year one and increasing by $100,000 annually. He will be guaranteed $3 million in the final year of the deal.

Gates' contract includes a salary pool of $915,000 for his three assistant coaches. He has not yet named any of his three full-time assistant coaches at this point.

Gates will also receive a country club membership, two courtesy cars or a $1,200 monthly automobile stipend, ten tickets to each home basketball game and eight tickets to each Missouri home football game.

Mizzou was paying Cuonzo Martin an average of $3 million per year for seven years, fully guaranteed.