"Coach Gottfried and his family have been a welcome addition to the Wolfpack Family," said director of athletics Deborah Yow. "His competitive and recruiting success has accelerated our vision of excellence in an impressive way. With his work ethic, attention to academics and sound coaching, we believe the future is bright for men's basketball."
Gottfried's annual salary remains at $750,000. His supplemental compensation was increased from $450,000 to $1.2 million, which moves him from ninth to third among the 12 ACC men's basketball head coaches in annual guaranteed compensation. The term of his contract remains unchanged through April of 2018, after having been automatically extended two years by virtue of the Pack's Sweet 16 appearance last March.
Under Gottfried's guidance, the Wolfpack earned its first NCAA Tournament berth since 2006 and first Sweet 16 appearance since 2005. NC State's 24 victories were the most by a Pack squad since 1988 and nine ACC wins marked the most in league play since 2006, tying the Pack for fourth in the final conference standings. Gottfried's win total was second only to the legendary Everett Case's 26 victories for Wolfpack coaches in their first season. The wins and his .667 winning percentage were among the nation's best among first-year coaches.
"I'm very thankful to the board of trustees, chancellor Woodson and Debbie Yow," said Gottfried. "I'm very excited about the future of NC State basketball and being a part of the Wolfpack Nation "
Avent, who guided NC State to an NCAA Super Regional in 2012, also received an increase in guaranteed compensation from $193,412 to $219,125 and an extensively enhanced bonus structure. His contract runs through June of 2015, after having been automatically extended by one year following the team's NCAA berth last spring.
"The future looks bright for our team under the leadership of Coach Avent and the anticipation for our baseball season is very high," said Yow. "We are glad to provide improved compensation opportunities for Elliott."
Avent guided a young Wolfpack squad to a 43-20 record and a trip to the Gainesville Super Regional in 2012 after capturing the Raleigh Regional title. The Pack placed three freshmen on Baseball America's All-Freshman team to lead the nation. Freshman pitcher Carlos Rodon was one of three finalists for the Golden Spikes Award, and a consensus first team All-American. Freshman third baseman Trea Turner finished as the national leader in stolen bases.
"I'm proud of what our team accomplished last season, and I appreciate Chancellor Woodson, Debbie Yow and the Board of Trustees for their support of our program," said Avent. "Our coaches and players are working daily to build on the excitement we all enjoyed last season, and to continue to bring pride to our tremendous fans."
The NC State Board of Trustees also approved contract amendments for several coaches to bring compensation previously paid by third-parties in house. The new payment structure does not result in any additional expense to NC State Athletics or any additional compensation to coaches. However, it ensures that contracts for coaches accurately reflect their guaranteed compensation, resulting in increased transparency and enhanced institutional control.