UO extends deal for Pac-12 coach of the year through at least 2025-26 season
Dana Altman isn’t going anywhere.
And neither is Kelly Graves.
After agreeing to a contract extension to keep Altman as the men’s basketball coach through the 2025-26 season last week, Oregon announced Wednesday it will also give Graves a new deal to remain the women’s basketball coach through at least 2025-26.
UO’s Executive and Audit Committee of the Board of Trustees will meet Thursday to discuss and approve the new contracts.
Altman’s seven-year, $25.55-million deal runs through April 25, 2026. Graves’ seven-year, $5.95-million deal runs through April 6, 2026, but he can also earn up to three one-year, $1.05 million extensions triggered by NCAA Tournament appearances to extend the contract through 2028-29.
"The Oregon women's basketball program has reached unprecedented heights under Kelly Graves,” athletic director Rob Mullens said in a release. “Kelly and his staff have elevated our program to one of the nation's elite, consistently winning Pac-12 championships, ranking in the top ten in the country, and making a strong connection with our passionate fans.
“Kelly and Mary Graves are an ideal fit for the University of Oregon and the Eugene community, and we are thankful for their commitment to our program and our student-athletes."
Altman’s base salary this season is $2.5 million. The Ducks, who won four games in four nights at the Pac-12 Tournament in Las Vegas to earn an automatic bid to the NCAA Tournament, will play Wisconsin in the first round Friday in San Jose, Calif.
Graves signed a new contract two years ago after leading Oregon to its first-ever appearance in the NCAA Tournament’s Sweet 16 and Elite Eight rounds.
The Ducks also reached the regional final last season, losing to eventual national champion Notre Dame in Spokane.
Graves’ base salary this season is $650,000. He has earned an additional $25,000 for winning the Pac-12 regular-season title, $25,000 for being selected for the NCAA Tournament and $10,000 for advancing to the conference tournament championship game.
If the Ducks make another run through the bracket, Graves has additional incentives for advancing to the second round ($10,000), Sweet 16 ($15,000), Elite Eight ($25,000), Final Four ($50,000) and national title game ($50,000). He would receive a $150,000 bonus if Oregon wins the NCAA championship.
Graves has coached Oregon to back-to-back Pac-12 regular-season titles and was voted the conference’s coach of the year by his peers this season.
“We love it here at the University of Oregon, and this is where I have wanted to coach for a long time," Graves said in a release. "It means the world to our family that President (Michael) Schill and Rob Mullens would offer a contract that essentially takes me through my coaching lifetime. This is a reflection of the commitment, hard work, and accomplishments of an incredible group of student-athletes as well as the most dedicated coaching staff a head coach could ever hope for.
“We are also so thankful for the passion and support of our Duck fans that make Matthew Knight Arena a tremendous home-court advantage."
Oregon is the No. 2 seed in the Portland Regional and plays Portland State in the first round Friday at Matthew Knight Arena (6:30 p.m., ESPN2).