Groundbreaking season pays off for NCCU's Moton - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 9, 2014 Newswires
Share
Share
Post
Email

Groundbreaking season pays off for NCCU’s Moton

John McCann, The Herald-Sun, Durham, N.C.
By John McCann, The Herald-Sun, Durham, N.C.
McClatchy-Tribune Information Services

Aug. 09--DURHAM -- A raise for N.C. Central basketball coach LeVelle Moton would seem to put to rest rumors and even real talk about him possibly not returning for the upcoming season.

That said, NCCU athletics director Ingrid Wicker-McCree has not announced that Moton definitely is locked in for at least the upcoming season, although she has said that her desire is to retain him.

Moton entered last season earning a base salary of $158,200 a year on a deal that was good through April 1, 2018. The deal now runs through March 31, 2022.

Then Moton got NCCU into the NCAA Tournament for the first time on the the Division I level, and not long after the Eagles were beaten by Iowa State in their inaugural game in the Big Dance came chatter about him being in the running to take over basketball programs at Florida Atlantic and Marshall universities.

NCCU bowed out of the Big Dance at AT&T Center in San Antonio on March 21. Speculation about Moton moving on from his alma mater lingered well into April and beyond, but he and NCCU officials already had come to terms.

On April 1, Moton signed a four-year contract extension that has him earning a base salary of $250,000 a year, a $91,800 raise.

The contract has plenty of incentives that would reward not only Moton but also his assistant coaches for jobs well done:

-- Another trip to the NCAA Tournament would allow Moton to net an extra $21,000 every time the Eagles advance to the next round. His assistant coaches would get $2,500 per round.

-- If NCCU plays in the National Invitation Tournament, Moton would earn an extra $10,000 just for getting the Eagles there, and he'd get $8,000 per round thereafter. An NIT berth would earn each of Moton's assistant coaches an extra $1,500, and they'd each get $1,500 per round thereafter. Moton and his assistant coaches would receive less money for playing in lower-profile postseason tournaments, but those additional games still would mean extra money.

-- NCCU is the reigning Mid-Eastern Athletic Conference champion, both of the league's regular season and tournament. For the next four seasons, Moton gets an extra $7,500 if NCCU wins at least a share of the regular-season title in the MEAC. A MEAC Tournament title, which guarantees an NCAA Tournament berth, would put an additional $15,000 in Moton's bank account, and his assistant coaches each would receive an extra $3,500.

-- If NCCU has another 20-win season like its past 28-6 run, that's an extra $4,000 for Moton, and another $1,500 for each of his assistant coaches.

-- Moton is the reigning coach of the year in the MEAC. He got some hardware for that at the MEAC Tournament. If he earns that distinction this season, he'd get that plaque from the league plus an extra $3,000 from NCCU.

-- If NCCU's basketball players get the job done in the classroom to the point that their annual cumulative grade-point average is 3.0 or better and if the team's NCAA multi-year academic progress rate is 950 or better, then Moton would get an extra $4,500, and each of his assistants would pocket another $1,000.

-- Moton gets an extra $1,000 every time an NCCU basketball player earns an undergraduate degree within five years.

Moton's new deal also has NCCU footing the bill on a car for him to drive in order to do his job, as well as the accompanying insurance. The coach would have to keep the oil changed and tires rotated, though.

___

(c)2014 The Herald-Sun (Durham, N.C.)

Visit The Herald-Sun (Durham, N.C.) at www.heraldsun.com

Distributed by MCT Information Services

Wordcount:  612

Newer

State Farm Still Shedding Homeowners

Advisor News

  • Industry groups applaud House passage of Financial Exploitation Prevention Act
  • Younger workers more likely to be eligible for a retirement plan after changing jobs
  • Bank of America community event unpacks sales tax hike, small business struggles
  • CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE
  • How executive benefits impact an estate plan
More Advisor News

Annuity News

  • State Farm’s agency overhaul: What distribution can learn
  • IRI, ACLI express support for CLEAR Forms Act
  • A new era at the Federal Reserve
  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Why annuities are gaining traction with younger investors
More Annuity News

Health/Employee Benefits News

  • NEARLY 4 MILLION AMERICANS DROPPED ACA MARKETPLACE COVERAGE THIS YEAR
  • REP. ONDER'S BILL TO STRENGTHEN TRANSPARENCY IN EMPLOYER-SPONSORED HEALTH PLANS PASSES COMMITTEE
  • U.S. healthcare system needs a public option
  • States seek to lower drug prices by targeting the companies that manage them for health plans
  • Sentara Health Plans president hired
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Misr Insurance Company
  • State Farm’s agency overhaul: What distribution can learn
  • They Allegedly Enrolled People In Life Insurance Without Consent. Then Death Claims Paid Out
  • How much do state residents need to retire comfortably?
  • How executive benefits impact an estate plan
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet