- TERM and BASE SALARY: The term of the Contract shall be from January 1, 2016 until December 31, 2021 or until the day after any bowl game in which the football team plays in January 2022. Coach shall be paid an annual gross salary of at least $400,000 (“Base Salary”), and shall receive the insurance and retirement benefits provided by the University to employees of the University. The Base Salary shall be paid in approximately equal monthly installments in accordance with the University’s payroll practices.
- SUPPLEMENTAL INCOME: The Association will pay Coach $3,350,000 per calendar year in approximately equal quarterly installments (March, June, September, and December), attributable to the Association’s shoe and clothing endorsement, and as compensation for radio and television shows, programs, interviews, and other appearances and endorsements (the “Supplemental Income”). Coach shall comply with all contracts the Association enters into, including by making appearances and giving interviews in compliance with such contracts. In addition, Coach shall make no less than 12 appearances or endorsements per fiscal year as reasonably requested by the Association, any payments for such appearances to be negotiated and kept by the Association. Coach shall also make no less than 12 unpaid appearances at Bulldog Clubs and other fundraiser events as reasonably requested by the Association or the University. Coach shall also be available for up to 3 personal appearances on behalf of the Association’s equipment provider (currently Nike). Coach shall not make separate endorsement, appearance, or speaking agreements except as approved in writing by the Athletic Director, such approval not to be unreasonably withheld. To the extent provided for in the Association’s shoe and apparel endorsement contract, Coach will receive up to $3,600 worth of clothes and shoes directly from the manufacturer (currently Nike) each year.
