Washington State University President Kirk Schulz announced today that he has extended the contract of WSU Athletic Director Pat Chun through 2026.
Under the terms of the new five-year agreement, Chun’s base salary is set at $700,000 in the first year and will increase $50,000 annually through the fourth year of the contract. He will receive incentives for achieving annual fundraising and fiscal management goals and will also be eligible for retention incentives that escalate during the period of the agreement.
Chun’s original contract included a base salary of $650,000 with an incentive for meeting annual fundraising goals and a retention incentive.
The new contract includes a stipulation that the athletic director is subject to the furlough of up to 60 days per calendar year if WSU needs to implement a University-wide budget reduction in the future. During the COVID-19 pandemic, Chun voluntarily reduced his annual base salary by fifteen percent through June 2021.
The new contract will take effect on July 1, 2021.