Last week, Kentucky Wildcats baseball coach Nick Mingione received a three-year contract extension that will keep him in Lexington through the 2025 season. Details of that extension were updated and released on Wednesday.
Mingione will continue to make the same base salary as he currently does at $400,000 a year, and he’s also guaranteed $175,000 from media and endorsements.
Some new stipulations to his contract include the opportunity for several bonuses based on his teams performance. These include:
- An automatic one-year extension if the team makes the NCAA postseason.
- NCAA Tournament appearance- $25,000 bonus
- NCAA Super Regional appearance- $100,000 bonus
- NCAA College World Series appearance- $150,000 bonus
- NCAA Championship- $200,000 bonus
This contract extension did give him updated buyout options. If he is fired without cause ,depending on the date of termination, these buyouts will give him a range of 50-100% of his guaranteed salary. If he is fired for cause then the school will owe him nothing.
If the school terminates his contract prior to June 30, 2021, he would receive 50% of his salary for the next three years. If it is terminated between July 1, 2021 and June 30, 2022 he would receive 75% over the next two years. Then if it is terminated between July 1, 2022 and June 30, 2023 he would receive 100% of his annual salary.
Overall he holds a 120-80 record at Kentucky and is 39-51 in the SEC.
After Wednesday’s comeback win over Evansville, the Cats are off to their best start since the 2012 season at 6-0. This win also helped propel their win streak to 12 games dating back to the 2020 season.
In what many perceived to be a make-or-break season for Mingione, it is obvious that Mitch Barnhart is all-in on what he brings to this baseball program. The season is off to a good start and with a few weeks remaining until SEC play Mingione and staff are going to try and keep the train rolling for what could be a good season in Lexington.