COLUMBIA, Mo. (AP) — Missouri will pay fired men's basketball coach Kim Anderson $650,000 as part of a separation deal.
As part of the agreement released to media outlets Thursday, when Missouri's season ended with loss to Mississippi in the Southeastern Conference Tournament's second round, Anderson will receive $450,000 for "liquidated damages." He also will get $200,000 "for meeting or exceeding the academic accomplishment and social responsibilities" laid out by the school's athletics administrators.
Anderson also is entitled to $300,000 that Missouri deposited into an annuity account. That's $100,000 for each of the three years he coached the Tigers, who finished 8-24. Anderson was 27-68 at Missouri.
The deal, which was signed Monday by Anderson and the Columbia school's interim chancellor, calls for Anderson to remain employed at his current salary until April 4.