What Iowa athletics director Gary Barta’s contract contains
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Just curious what does Barta's contract look like? It seems like he is the king of guaranteed payouts. Does he have one too?
— patrick meyer (@myrdsm) January 25, 2018
ANSWER: University of Iowa athletics director Gary Barta began his Iowa tenure on Aug. 1, 2006 when he replaced current Big 12 commissioner Bob Bowlsby, who left Iowa for Stanford. Former UI president Sally Mason extended Barta’s contract in 2009 through June 30, 2016. After Mason’s retirement, new UI president Bruce Harreld signed an extension for Barta on Jan. 29, 2016, which expires June 30, 2021.
In the 2018 fiscal year, which runs through June 30, 2018, Barta’s salary is $550,000 and he receives $250,000 in deferred compensation. Beginning July 1, 2018, Barta’s salary increases to $600,000 and his deferred compensation also increases to $300,000. Those numbers remain the same through June 30, 2021. If he’s employed on June 30, 2021, Barta receives another $300,000 in deferred compensation.
If Barta was fired without cause before the end of his contract, he would receive his salary for 24 months as part of a severance package. He also would receive the balance of his deferred compensation. Those terms remain in place from his first contract signed in 2006.
Since receiving his extension, Barta has extended high-profile contracts for football coach Kirk Ferentz, men’s basketball coach Fran McCaffery, wrestling coach Tom Brands, women’s basketball coach Lisa Bluder and baseball coach Rick Heller.
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