UNCW could be on hook for $965,500 on Peterson

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Submitted: Fri, 03/21/2014 - 2:03am
Updated: Fri, 07/17/2015 - 10:26am

UNCW could pay former men’s basketball coach Buzz Peterson as much as $965,529.67 over the next two years, according to an updated figure provided by the university on Thursday.

Peterson was the fired by UNCW last week after four seasons with two years remaining on his contract. The deal called for the coach to receive $440,000 in guaranteed annual salary through March 31, 2016.

The updated amount accounts for vacation time and other benefits detailed in his contract. He’ll continue to be paid in monthly installments, per the contract.

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  • reader one says:

    WOW!!! Wonder how many scholarships that represents for kids who cannot afford to go to school?????

  • 1234543 says:

    you are saying UNCW could pay????????????????

    Correction, the students will be paying through increased tuition, public education is failing badly, and costing dearly, it’s time conservatives take over the helm. Someone should be getting terminated over such a waste of students moneys.

  • SurfCityTom says:

    who gave him the contract extension still on the payroll?

    And since it is unlikely any replacement can improve on the team’s performance, why not rescind the termination and make him work for his money?

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