Southern Miss went elsewhere with its coaching search, hiring Iowa State assistant Doc Sadler over our own Kenny Payne, but Kenny isn’t losing any money over it. Who knows if he was even truly interested in the job, but if he was, today’s new contract with UK made sure his bank account didn’t miss out.
Payne’s new $500,000 annual salary is the same figure Southern Miss paid Donnie Tyndall when he was hired two years ago. Doc Sadler’s contract has yet to hit the internet, but I imagine it’s in the same range.
Furthermore, Payne’s $500K is more than what 16 head coaches in the 2014 NCAA Tournament make annually. He is the highest-paid assistant in all of college basketball and has that new shiny title of associate head coach.
One day he may want his own program to run, but right now, Kenny Payne is doing just fine.