New Missouri State athletic director Patrick Ransdell signed a five-year contract that will pay him $256,000 annually, according to documents posted to the university's website.
His term begins Sept. 1, 2024, and will run through Aug. 31, 2029.
Missouri State paid previous athletic director Kyle Moats $185,000 annually. According to the Lexington Herald-Leader, the former Bears boss makes $215,000 in the same role at Eastern Kentucky.
What is Patrick Ransdell's salary as Missouri State athletic director?
Ransdell has an annual gross salary of $256,000.
More: What Missouri State AD Patrick Ransdell said about Plaster Stadium — the $100M question
What if Patrick Ransdell was to leave on his own terms?
Ransdell would owe the dollar amount of the remaining months on his contract if he terminates his contract unless he terminates it on or after Aug. 31, 2028, in which he would owe nothing.
What is Patrick Ransdell's buyout?
Missouri State would owe Ransdell the pay for the remaining months on his contract if his contract was to be terminated. He has a monthly rate of $21,333.33.
What are Patrick Ransdell's incentives?
- $2,500 - All Teams meet or exceed APR Cut Score
- $2,000 each - Men's basketball, women's basketball, football, baseball, softball, indoor volleyball, men's soccer or women's soccer regular-season champion or conference champion in the Missouri Valley, Conference USA or American Athletic Conference (as applicable)
- $1,000 each - If any other Missouri State athletics program wins a regular season or conference championship
- $2,000 - NCAA Tournament invitation in men's or women's basketball
- $2,000 each - NCAA Tournament win in men's or women's basketball
- $5,000 - Missouri State football qualifies for a bowl game in 2026
- $2,500 - Missouri State football qualifies for a bowl game any other year
- $2,500 - Missouri State football wins a bowl game
- $1,000 - Any year Missouri State finishes in the top 200 of the Laerfield Cup
- $2,500 - If Missouri State finishes in the top 150 of the Learfield Cup (would also receive the previous $1,000 for top 200)
- $2,000 - If revenues from ticket sales increase by 30% or more, year over year, in men's basketball, women's basketball or football (can earn up to $6,000)
- $1,000 - If revenues from ticket sales increase by 30% or more, year over year, in any other sports
- $3,000 - Athletics Director of the Year (regional or otherwise) by NACDA or Sports Business Journal
- $2,500 - Any year donations to the Bears Fund increase by 30% year over year
What are Patrick Ransdell's additional benefits?
- Family golf membership at Highland Springs Country Club
- Six months of temporary housing
- Moving expenses
- University expense allowance
This article originally appeared on Springfield News-Leader: New Missouri State AD Patrick Ransdell contract details: Salary, buyout, incentives
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