ATHENS — The University of Georgia extended the contact of athletic director Greg McGarity for one year at its Georgia Athletic Association Board of Directors meeting on Thursday.
“I believe that continuity is particularly important during this time of uncertainty,” UGA president Jere Morehead said on a Zoom teleconference.
“Greg has expressed his willingness and desire to continue serving…. He has been a great leader of our athletic programs.”
McGarity, 65, was hired as the Bulldogs’ athletic director on Aug. 13, 2010. He currently ranks as the second-longest tenured AD in the SEC.
Morehead indicated McGarity’s extension will include a $25,000 raise, elevating his salary to $700,000.
McGarity, whose previous contract expired at the end of this month, had been working off a one-year extension prior to Thursday’s call.
Morehead made it clear it was McGarity’s desire to operate on a one-year extension,
“I can say definitely that’s the way he wants it,” Morehead said. “I’d be happy to have Greg as athletic director as long as I’m president of this university, but he prefers this approach.
“I’m just happy he has agreed to stay on this year and we’ve extended it in the same fashion that we have year by year.”
McGarity said he has no concerns about his modest salary — it ranked 13th of the 14 SEC ADs last year — and feels a calling to help Georgia through challenging times.
’I’ve always looked at this job as serving my alma mater,’’ McGarity said. ‘’I also felt like consistency is really important right now, and I’m respectful of the President’s time. My gosh, with everything he has to deal with on the campus as a whole, I certainly didn’t want our situation to be a part of that concern at this time.
“Both my parents went to the University of Georgia. They both worked at the University of Georgia. My wife and son graduated from Georgia. I have a lot of respect for this institution and what it’s meant to our family. So it’s a big deal for me personally to serve in this role and to help us navigate these difficult times.’’
Georgia had the sixth-largest athletic revenue in the nation in the 2017-18 fiscal year, per USA Today data, at $176,699,893.
McGarity, who has become known for his transparent management approach, opened the books to DawgNation in March at the front end of the COVID-19 pandemic.
Georgia proved to be in better shape economically that programs with a $105 million reserve fund.
The Bulldogs’ strong status is due in large part s relatively conservative fiscal strategy, which pre-dated Vince Dooley, along with the contributions of the Magill Society.
Georgia approved a $149.4 million budget on Thursday, in addition to extended McGarity’s contract.
Morehead also congratulated McGarity on Thursday for UGA student-athletes recording a cumulative 3.34 GPA in the spring term.
Twenty of the 21 scholarship sports recored over a 3.0 team GPA, including football, which had a record 3.03 GPA.
“It’s an honor and a pleasure,” McGarity said about carrying out his duties. “I sincerely appreciate the support and confidence the board has expressed in our athletic department.”
Georgia athletic director Greg McGarity