Head coach Cuonzo Martin has a 39-28 record at Tennessee and has led the Volunteers to two NIT appearances.
Head coach Cuonzo Martin has a 39-28 record at Tennessee and has led the Volunteers to two NIT appearances.
Andrew Bruckse/Tennessee Athletics/Collegiate Images/Getty Image

KNOXVILLE, Tenn. (AP) -- Tennessee coach Cuonzo Martin is receiving a $50,000 annual raise that will increase his yearly compensation to $1.35 million.

Tennessee athletic director Dave Hart confirmed the pay increase Thursday afternoon. The news was first reported by the Knoxville News-Sentinel.

Martin's contract runs through the 2015-16 season.

Martin is 39-28 at Tennessee and has led the Volunteers to NIT appearances in each of his two seasons. In Martin's first year on the job, Tennessee earned the No. 2 seed in the Southeastern Conference after being picked before the season to finish 11th in the league. Tennessee played the entire 2012-13 season without injured forward Jeronne Maymon, who had earned second-team all-SEC honors the previous year.

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