BOCA RATON, Fla. — Dusty May has plenty of incentive to return to the Final Four.
The head coach of the Florida Atlantic University men's basketball team would be paid a $100,000 bonus for getting the Owls back to the Final Four, according to the terms of his new 10-year contract extension, obtained by WPTV ahead of the team's community celebration in Boca Raton.
Fresh off the school's first-ever Final Four appearance, May signed an amended contract earlier this month that will keep him at FAU through the end of the 2032-33 season.
Under the terms of the new deal, May will be paid $1.25 million through April 7, 2024. His salary will increase by 5% each subsequent year through the remainder of his contract.
May's new contract includes several incentives based on team performance. These include:
- $10,000 for receiving a National Invitational Tournament bid;
- $10,000 per win in the NIT;
- $15,000 for winning a conference regular-season title or being named conference coach of the year;
- $25,000 for receiving an NCAA tournament bid or winning the national coach of the year award;
- $30,000 for winning an NCAA tournament game;
- $50,000 for appearing in the Sweet 16;
- $75,000 for appearing in the Elite Eight;
- $100,000 for appearing in the Final Four;
- $150,000 for appearing in the national championship game;
- $250,000 for winning the national championship.
The Owls came close this year, coming up one-point shy of a national title game appearance after falling 72-71 to San Diego State on a buzzer-beater to end their season.
