During a 1:30 p.m. teleconference Thursday, the Rutgers Board of Governors unanimously approved a four-year contract extension with C. Vivian Stringer that will guarantee the Hall of Fame women’s basketball coach $3.4 million in salary from the university through the 2020-21 season.
In addition to a base salary that starts at $775,000 this season and increases to $925,000 in Year 4, Stringer is eligible for up to $690,000 in annual-bonus compensation based on the Scarlet Knights’ academic and team success.
“Job security means everything,’’ Stringer told NJ Advance Media on Thursday afternoon. “It’s a tremendous relief because, one, I want to bring this team to the promised land and I feel that we can have unlimited success in the future.