Stony Brook Coach Geno Ford Signs Five-Year Contract: Salary, Buyout, Incentives

Stony Brook Coach Geno Ford signed a five-year contract with the university through March 31, 2024, as he replaces Jeff Boals, who left for Ohio in the offseason.

Stadium obtained a copy of Ford’s contract via public records request.

After March 31, 2022, Stony Brook can enter negotiations to extend Ford’s contract for up to three years.

Stony Brook agrees to provide Ford with written notice by March 31, 2023 of its decision to extend or not to extend his contract.

Ford will earn an annual base salary of $365,000, plus $500 per month as an automobile stipend and he will be reimbursed for all travel and out-of-pocket expenses “reasonably incurred in connection with the performance of his duties,” including those incurred while recruiting.

Ford will have the opportunity to earn additional compensation through performance-based incentives, which are outlined below:

  • $5,000 – NIT appearance
  • $10,000 – NCAA Tournament appearance
  • $10,000 – One win in the NCAA Tournament
  • $25,000 – Two wins in the NCAA Tournament
  • $50,000 – Three wins in the NCAA Tournament
  • $100,000 – Four wins in the NCAA Tournament
  • $1,000/each – Student-athlete named conference rookie, player or defensive player of the year
  • $1,000 – Named conference coach of the year
  • $1,000/each – Victory over top-25 opponent (AP poll or USA Today Coaches poll)
  • $1,000/each – Student-athlete named to all-conference team
  • $2,000 – Student-athlete named conference men’s basketball scholar-athlete of the year
  • $3,000/each – Student-athlete named CoSIDA Academic All-American

 

Ford is expected to ensure that Stony Brook’s men’s basketball program brings in a minimum of $150,000 annually by scheduling guarantee games. If the program meets that minimum amount, Ford will receive $25,000 from the total guarantee revenue to be used for team supplementary support, such as assistant coach supplementary compensation, support staff supplementary compensation or supplementing men’s basketball program operations, but these funds can’t be used as supplemental compensation for Ford.

Ford can receive supplemental compensation that will be earned upon completion of the contract term. He can earn an annual retention bonus of $10,000 that will be paid in one lump sum of $50,000 that’s payable May 1, 2024. If Ford leaves Stony Brook prior to March 31, 2024, he forfeits the compensation.

If Stony Brook terminates Ford’s contract prior to expiration of the contract term, the university will have to pay him his guaranteed base salary for the remainder of the contract. Ford agrees that if his contract is terminated without cause by the university, he’ll find new employment as a college or professional basketball coach or a related field, and the university will pay any difference in salary for the period of time remaining in the original contract.

If Ford terminates the contract within two years of the expiration of the agreement, he or his new employer will owe Stony Brook $150,000.

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