N.C. State extends Gottfried’s contract, raises salary to $2.5 million

RALEIGH (WNCN) – N.C. State has signed its two head basketball coaches, men’s coach Mark Gottfried and women’s coach Wes Moore, to contract extensions through 2020, the school said Friday.

Gottfried’s annual compensation will increase from $2.06 million to $2.48 million.

Moore will receive an increase in annual compensation from $385,000 to $460,000.

Both teams open their seasons Friday night.

“Mark and Wes continue to elevate our basketball programs at N.C. State,” said Director of Athletics Debbie Yow. “They are both building championship-level programs and are strong ambassadors for Wolfpack Nation who positively impact the experiences of our student-athletes on their respective squads.”

Gottfried has guided the Wolfpack to four consecutive NCAA appearances, including a pair of Sweet Sixteens, after the program made just five NCAA Tournament appearances in 20 years prior to his arrival.

He is only the third coach in ACC history to lead his team to NCAA appearances in each of his first four seasons in the league.

Through Gottfried’s first four years, the Wolfpack has averaged 23 victories per season after averaging just 16.8 in the 20 years prior. In ACC play, his squads have averaged nearly 10 league victories per season after averaging just 5.9 per year over a two-decade stretch.

“I would like to thank our AD, Debbie Yow, and Chancellor [Randy] Woodson for their commitment to me and to the basketball program here at N.C. State,” said Gottfried. “I appreciate their faith and belief in our staff from the day we arrived in Raleigh.”

North Carolina basketball coach Roy Williams also agreed to an extension through 2020 back in June. Williams has a base salary of $408,169 for this coming season, plus $1,550,000 in deferred compensation. He can get multiple bonuses, including $250,000 for winning the national title.

N.C. State’s Moore is entering his third season leading N.C. State women’s basketball and has led the program to 43 victories in his first two seasons in Raleigh, and a pair of postseason appearances.

In 2014, he was named ACC Coach of the Year by ESPN.com and was one of four finalists for Naismith National Coach of the Year. Moore’s first squad notched 25 victories and earned NC State’s first Top 10 ranking since 2001, after being picked to finish 10th in the ACC.

His teams have won 26 home games over his first two seasons, and last March he reached 600 career victories, just the ninth women’s coach to do so in fewer than 800 games.

“What a great week! An unbelievable class on signing day, the start of a new season, and now this extension which solidifies our future with N.C. State,” said Moore. “I appreciate Chancellor Woodson and Debbie Yow’s confidence in me and my staff, as we build something special here in Raleigh. “

Both teams open the 2015-16 season tonight in a double-header at PNC Arena, as the women host Villanova at 5 p.m., while the men match-up against William & Mary at 8 p.m.