Report from Indy Star’s Stefan Krajisnik:
Teri Moren will have a new contract in place after IU athletics announced Thursday morning that the two sides have agreed to an extension as well as a raise.
Moren’s new contract runs through the 2026-27 season and includes average annual compensation of $862,500 — among the highest in the Big Ten. That gives her about a $200,000 raise. Her old contract was slated to end following the 2022-23 season.
This new contract comes just days after Indiana’s Elite Eight run — the first in program history — ended with a loss to Arizona. Along with NCAA tournament success, Moren has led the team to a program-long sixth consecutive 20-win season while also breaking the program record for conference wins in each of the previous two years.
“Teri Moren is the architect of an unprecedented era of success for our women’s basketball program, and I’m excited that we have agreed to a new deal that ensures she will be here for many years to come,” IU athletic director Scott Dolson said in the release.
Moren’s contract also includes incentives for postseason appearances and wins, conference or NCAA championships, national coach of the year honors and team academic accomplishments. In Moren’s previous contract, incentives were based on the annual base salary. This season’s accomplishments gave her approximately $112,500 worth of incentives under the old deal.
“This new contract places her in the upper echelon among her conference peers, rewards those achievements, and recognizes the upward trajectory that we are on,” Dolson said. “In my more than 30 years with the department I’ve never been as excited about the future of IU Women’s Basketball, and that’s because we have the right person leading us in the right direction.”
The new contract contains pieces from the old one, including a non-compete clause specific to Purdue (Moren’s alma mater) as well as a $10 million buyout. Current Purdue coach Sharon Versyp coached Indiana before leaving for the in-state rival in 2006.
Moren was hired by Indiana in 2014, so if she were to ride out the remainder of this new deal it would make her the longest-tenured coach in program history. That record is currently held by Jim Izard, who coached the team from 1988-2000.
Moren thanked IU president Michael McRobbie, Dolson, former AD Fred Glass and deputy director of athletics Mattie White in the release.
“Along with my staff, we are dedicated to building successful young women on and off the court,” Moren said in a statement. “I am truly blessed to be a part of the Hoosier Nation, who continue to show their love and gratitude for our team. We see you and appreciate you. As a lifelong Hoosier, I will continue to represent this incredible university with great pride and dedication.”