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UNCW could be on hook for $965,500 on Peterson

UNCW could pay former men’s basketball coach Buzz Peterson as much as $965,529.67 over the next two years, according to an updated figure provided by the university on Thursday.

Peterson was the fired by UNCW last week after four seasons with two years remaining on his contract. The deal called for the coach to receive $440,000 in guaranteed annual salary through March 31, 2016.

The updated amount accounts for vacation time and other benefits detailed in his contract. He’ll continue to be paid in monthly installments, per the contract.

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