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Maryland Finalizes $30.3M Contract with Buzz Williams, Emphasizing Stability and Performance

The six-year deal includes strict buyout terms, significant incentives, and an extensive benefits package to solidify Maryland’s basketball program after Kevin Willard’s departure.

Overview

  • Buzz Williams’ six-year, $30.3 million contract with Maryland includes escalating supplemental pay starting at $4.3 million annually, rising by $100,000 each year.
  • The deal imposes steep penalties for early termination by Williams, with a $10.5 million buyout in the first year, reducing to $1 million by Year 5.
  • Maryland faces no buyout obligation if it terminates Williams’ contract without cause, but would owe the remaining guaranteed compensation.
  • Performance incentives of up to $950,000 annually reward achievements such as Big Ten titles, NCAA Tournament milestones, and national championships.
  • Williams’ benefits include Maryland covering his $1 million buyout from Texas A&M, relocation and housing stipends, and travel accommodations for his family.