University of Minnesota Athletics
Athletics Director Joel Maturi signs three-year contract extension
9/21/2006 12:00:00 AM | Athletics
University of Minnesota Athletics Director Joel Maturi has signed on for another three years, university officials announced today.
“Joel Maturi has been an outstanding leader for Gopher Athletics,” university President Robert Bruininks said. “He successfully led the merger of men’s and women’s athletics, significantly increased fundraising, played a major role in the effort to build TCF Bank Stadium and put an unprecedented focus on enhancing academic support.”
Bruininks praised Maturi for leading Gopher Athletics through substantial financial challenges. During his first four years, Maturi has increased fundraising by 40 percent. The current endowment for athletics went from $12.4 million to $22.3 million – an 80 percent increase. Also during this time, Gopher Athletics finished in the top 25 in the U.S. Sports Academy Directors’ Cup every year.
“I’m excited about the future of Gopher Athletics,” Maturi said. “We’ve had some challenging years with tight budgets. But we’ve been able to stay competitive on the playing fields, make progress in the classroom and maintain the level of integrity Minnesotans expect.”
The new contract extends through June 2010 and includes a market competitive base salary increase to $315,000 annually, annual deferred compensation and a restructured bonus plan focusing on the academic performance of student-athletes, overall athletic success of the department and solid management.
“It's our goal for every student-athlete to end their college career with a degree from one of the world's top public research universities and have a positive and meaningful athletic experience,” said Bruininks. “Joel Maturi understands that.”
“Joel Maturi has been an outstanding leader for Gopher Athletics,” university President Robert Bruininks said. “He successfully led the merger of men’s and women’s athletics, significantly increased fundraising, played a major role in the effort to build TCF Bank Stadium and put an unprecedented focus on enhancing academic support.”
Bruininks praised Maturi for leading Gopher Athletics through substantial financial challenges. During his first four years, Maturi has increased fundraising by 40 percent. The current endowment for athletics went from $12.4 million to $22.3 million – an 80 percent increase. Also during this time, Gopher Athletics finished in the top 25 in the U.S. Sports Academy Directors’ Cup every year.
“I’m excited about the future of Gopher Athletics,” Maturi said. “We’ve had some challenging years with tight budgets. But we’ve been able to stay competitive on the playing fields, make progress in the classroom and maintain the level of integrity Minnesotans expect.”
The new contract extends through June 2010 and includes a market competitive base salary increase to $315,000 annually, annual deferred compensation and a restructured bonus plan focusing on the academic performance of student-athletes, overall athletic success of the department and solid management.
“It's our goal for every student-athlete to end their college career with a degree from one of the world's top public research universities and have a positive and meaningful athletic experience,” said Bruininks. “Joel Maturi understands that.”
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