COLUMBIA — Missouri athletics director Mike Alden, who helped oversee the school's transition from the Big 12 to the Southeastern Conference this summer, received a two-year contract extension Thursday.
Alden, whose contract now runs through June 2019, is paid a base salary of $301,917 and may earn up to $777,976 through performance incentive income. The contract extension doesn't increase Alden's compensation. Future base salary increases are limited to the same percentage raises provided to the faculty and staff.
Missouri Chancellor Brady Deaton said Alden has provided "important leadership" amid the conference change. Missouri's move to the SEC ended an association with the Big 12 and its previous incarnations dating to 1907.
"We want to see a stable pathway as we look to the future," Deaton said. "This contract extension is one way to reinforce our commitment to excellence in athletics and to the academic mission of our university."
Under Alden's leadership, the football program has competed in seven straight bowl games, and the men's basketball program received a No. 2 seed in last season's NCAA tournament. The school also noted that Alden has been involved in developing a $200 million facility improvement plan, which includes a stadium expansion and a new indoor practice facility.
"This extension is greatly appreciated, and I believe it reflects the efforts of so many people working together for academic integrity, social responsibility and competitive excellence," Alden said. "We look forward to the opportunities that lie ahead as we enter the SEC."
Alden has led Missouri athletics since 1998. Before joining Missouri, Alden was director of athletics at Texas State in San Marcos, Texas.