KANSAS CITY, Mo. (AP) Missouri's fired men's basketball coach Kim Anderson will receive $650,000 as part of a severance package.
Under the agreement released to media outlets Thursday, when the Tigers' season ended in the second round of the Southeastern Conference Tournament, Anderson will receive $450,000 for "liquidated damages" and $200,000 "for meeting or exceeding the academic accomplishment and social responsibilities" spelled out by the school's athletics department administrators.
Anderson also is entitled to $300,000 that Missouri deposited into an annuity account, amounting to $100,000 for each of the three seasons he coached the Tigers, who with Thursday night's loss to Mississippi finished 8-24. Missouri lost seven of its final eight games.