University
Coach
Academic Bonuses Speeches/PR Family Annuity Supp. Supp. Educ. Supp.
Illinois (as of Dec. 2007)
Bruce Weber (through 2012)
Not Mentioned
$100,000
Tom Crean Indiana (as of (through 2016) April 2008) (based on memorandum of understanding, not full contract.
Not Mentioned
May receive Not mentioned outside income w/ prior written consent of the University
Not mentioned
Iowa (as of Dec. Steve Alford (contract 2007)
through 2010 season)
After 3 year period, coach will get highest incentive he has earned. If after 4 years obtains higher achievement than 3 year, then will be paid the difference: At or above .600 winning percentage and 60% graduation rate: $250,000. At or above .700 winning percentage and over 60% graduation rate: $500,000. At or above .800 winning percentage and over 60% graduation rate: $750,000. Computations on graduation rate will be made if student leaves and enters NBA draft. Annual graduation rate over 70%: $25,000.
Michigan (as Joh P. Beilein (rolling 6 of Mar. 2008)
year term from 4/4/07)
Michigan St. (as Tom Izzo (rolling 7 year of Dec. 2007)
contract beginning in 2004)
See Broadcast revenue.
Contingent Investment Bonus: On or before April 2006, 50% of value of investment of $3,400,000 agreed upon in 2001. On or before June 30, 2006, amount equal to value, as of March 30, 2006, that results from 2001 investment of $3,400,000, minus amount paid above. $4,000,000 to coach on April 30, 2010. University not obligated to pay if coach leaves or is fired for any reason except for disability. Between April 2006 and 2010, Within 90 days after coach leaves for anything other than a Forfeiture event, coach is entitled to $1,000,000 if leaves between 2006-2007 and 20072008 season; $2,000,000 if between 2007-2008 and 20082009 season; $3,000,000 if after 2008-2009 but before 2009-2010 season. Forfeiture period may be extended if Coach stays involved with University in substantial capacity.
Minnesota (updated 3/30/08)
Tubby Smith (7 APR- 930 to 939-$25k, 940-949-$50k, >950years 2007$100k Graduation Rate2014) >50% -$100,000
Northwestern
Thad Motta Ohio St. (contract prior to Sept. 07 extension)
Deferred compensation account: $200,000 in Jan. 2007 and 2008, $300,000 in 2009, $400,000 in 2010, $500,000 in 2011 and 2012. Additional $40,000 year in deferred compensation account. Deferred supplemental account: $300,000 in 2007 and 2008, $225,000 in 2009, $125,000 in 2010, $50,000 in 2011, $0 in 2012, $575,000 in 2013 and 2014, $600,000 in 2015. Account will not vest if coach terminates contract or if terminated for cause by University.
Penn St.
Purdue (as of Dec. 2007)
Matt Painter (contract beginning in 2005)
Wisconsin (updated 3/30/08)
Bo Ryan (contract through 2012)
Guaranteed Endorsement / Consultation Activities
NonGuaranteed Guaranteed Broadcast Endorsement
$450,000 for TV/radio appearances.
Additional Revenue
Base Salary
Performance Bonuses
$150,000/year. $200,000 Coaches receive 90% of revenue of camps.
Big Ten Championship or NCAA Tournament Appearance: 5% of base salary. Sweet Sixteen appearance: 8%. Big Ten Champion plus Sweet Sixteen, or Final Four appearance: 10%. Big Ten Champion plus Final Four: 13%. NIT Final Four: $2,000 for head coach, $1,000 for each assistant coach. $250K for National Championship; $125K for Final Four; $50K for elite eight; $35K for Sweet sixteen; $25K for NCAA second round appearance; $25K for NCAA Tourney appearance; $125K for Big 10 Reg Season Champ; $50K for Big 10 Tourney Champ. All of the above are cumulative w/ a possibility of $685K total.
May receive outside income w/ prior written consent of the University
May receive outside income w/ prior written consent of the University
For broadcast, Not mentioned endorsement and PR: 1st year -$1.4M; 2nd year$1.48M; 3rd year$1.56M; 4th year$1.64M; 5th year$1.72M; 6th year$1.8M; 7th year$1.88M; 8th year1.96M
$600K w/ possibility of merit increases.
$275,000
$150,000
Longevity Bonus: $500,000 $300,000 if employed on 6/30/04, $300,000 if employed on 6/30/06, $300,000 if employed on 6/30/08, $300,000 if employed on 6/1/2010. Sports Camps: not less than $125,000/year in compensation for coach.
Big Ten Regular season title: $50,000. Big Ten tournament title: $25,000. Post season NCAA participation: $20,000. Final Four: $100,000. NCAA Championship: $250,000. (Highest level obtained for NCAA participation). Assistant coach incentives: Final four, 2 months' salary. National Championship: $25,000.
See Guaranteed Broadcast Revenue.
Coach may not engage in outside opportunities unless expressly approved in writing in advance by the A.D.
$1,100,000 for TV, radio, internet, consulting, promotion, and sponsorship.
$200,000 increased each year in accordance with the University's annual salary merit program.
NCAA Tournament appearance: $25,000; Third round appearance: $50,000; Final Four appearance: $100,000; NCAA Championship: $150,000.
See Broadcast revenue for opportunities through school. Coach able to obtain outside income with permission from A.D. Outside contract with Nike through 2010 season provides for $300,000/year, but with first year's compensation paid to University, $25,000 per year in merchandise credit, $35,000 for coaching camps, $25,000 if team makes Final Four, $50,000 if wins National Championship. $50,000 signing bonus. In addition to merchandise credit, also provided with apparel, such as shoes, socks, warm up materials, polo shirts, etc.
$1,010,000 for PR appearances, summer camps, apparel sponsorship, TV and radio broadcasting. Subject to change each year based on Consumer Price Index.
$280,000/year. Coach assigned university's interest in AXA equitable annuity contract.
$320,000. Subject 30% of base salary if to change each team reaches NCAA year based on Final Four. Consumer Price Index.
$1,150,000 for media, fundraising, community involvement, endorsements, apparel, etc.
See guaranteed endorsement/co nsultation activities
$50,000 supplement for camps for the first 4 years of the contract and retains camp revenue
$600,000 with an increase of no less than 5% yearly based on performance evaluations
NCAA TournamentNational Champion$500k, Final 4-$250k, Elite 8-$75k, Sweet 16$50k, NCAA appearance-$100k (above amount cumulative) Big10 incentives-Regular season champion$250k, 2nd place in 07/08 08/09 or 09/10 only-$100k, tournament champion-$100k
$10,000/year for Coca Cola
2006-2007 Season: $425,000. Increases by $25,000 through 2008-2009 season. Increases to $510,000 for 2009-2010 season, $525,000 for 2010-2011 season, $565,000 for 2011-2012 season. $590,000 for 2012-2013, $625,000 for 2013-2014, $645,000 for 2014-2015.
Summer Camp revenue subject to Coach's discretion.
2006-2007 Season: $350,000. Increases $25,000 each year. $100,000 lump sum payment if coach on April 30, 2012
National Championship: $100,000. Big Ten Champion or CoChampion: $20,000 plus one (1) year added to contract. Big Ten Tournament Champion: $40,000 plus one (1) year added to agreement. Participation in NCAA Tournament: $40,000. Participation in Elite Eight: $20,000 plus one (1) additional year added to agreement. Final Four: $20,000. Coach of the Year: $20,000. NOTE: maximum of one (1) year able to be added to agreement as a result of performance bonus.
Coach may obtain outside endorsement opportunities subject to approval of University.
Coach may obtain outside endorsement opportunities subject to approval of University.
Summer camp compensation.
$200,000
As approved by AD
600,000
$400,000 with a $25k increase each season
Discretionary Fund Travel Benefits
Additional Benefits
Termination Clause
Additional Terms
Termination by employee: $1,000,000 liquidated damages. Termination for Cause: University only owes amount up to date of termination. Termination without cause: University owes remaining amount due in contract relating to base salary, TV income and supplemental annual income.
Not mentioned
Not mentioned
Use of 2 vehicles; can use school facilities for 3 weeks during camp; Indiana agrees to pay Marquette liquidated damages no greater than $650K
Termination for Cause: Not specified in Memorandum of Understanding Termination by University without Cause: University will pay coach the lesser some of annual base salary for remainder of term or $3M. Coach is required to mitigate his damages. Termination by Coach: If coach terminates without cause in years 1-3, then he pays $3M, if years 4-5, then years $2M, years 68, then $1M.
$10,000 year in discretionary funds.
Coach able to take guests on plane or bus if space dictates. Coach's spouse and children may travel to road games on regular mode of team travel. Use of two (2) automobiles for coach's use.
Standard University benefits. Discounted memberships at University Athletic Club. Coach will receive twelve (12) tickets to each home basketball game.
Termination for Cause: University only liable for base salary compensation up to date of termination. No liability for collateral benefits or business opportunities. Termination without Cause: Liquidated damages in amount of $500,000 for every year remaining on contract. Reduced when coach obtains new employment. Termination by Coach: University owes salary up to point of termination, as well as earned but unpaid benefits stated in contract.
Coach able to make all decisions regarding hiring and dismissal of support staff and assistant coaches and is provided with $400,00 per year for that purpose.
Coach may hold Basketball camp using University facilities but must fully reimburse the Universities.
Termination W/O Cause: University may terminate at any time, without cause, but must provide the following: If terminated in 2007-08, then $3M; 2008-09 then $2.5M; 2009-10 then $2M; 2010-11 then $1.5M; 2011-12 then $1M; 2012-13 or thereafter then $500K. University is not liable for loss of collateral or additional compensation. Termination for Cause: University may terminate for Cause for: (1) failure in any material respect to perform under agreement, (2) conviction of any criminal offense involving fraud; felony or an act of dishonesty, which is materially inimical to the best interest of the university, (3) conduct which offends against public decency or morality, (4) Standard misconduct of UM standard Practice Guide, (4) deliberate or serious rules violations of NCAA, Big Ten or University rules by coach or if coach knows of such violations by players or staff and does not report. __All compensation shall cease as of effective date of termination. Termination by Coach: Coach may terminate with 30 days
Use of two (2) automobiles. Four (4) seats on team plane for any post season game in addition to seats for Coach's wife and children, reimbursement for travel expenses for public appearances (up to 3 per year).
Standard University benefits. None provided in contract. One hundred forty (140) tickets to be used for recruiting, promotional, and developmental purposes. Tickets to each regular season basketball game, four (4) club seats to each of the regular season home football games. Country club dues provided that country club does not participate in discrimination. Term life insurance policy in amount of $1,000,000, term life insurance policy in amount of $5,000,000: premiums to be paid by University until June 30, 2006, after which Coach will be responsible. Collateral assignment split life insurance policy vested to Coach in amendment to contract. Contributions to Coach's 401(a) plan. Upon coach leaving program for anything but forfeiture event, coach will be provided with four (4) season football tickets and one (1) parking pass.
Performance evaluation approximately thirty (30) days after completion of each season.
1 automobile provided by the university, spouse and children travel to away games is provided as well as seats on the charter flights, lodging, and meal allowances for family
$250,000 a year contributed to retirement fund, 30 season tickets for basketball (10 of which are for personal use, 20 for program use), 4 season tickets to women's basketball, 8 season tickets for football, 20 tickets for Big10 tournament game and NCAA tournament subject to availability but at no time less than 10 tickets, moving expenses paid for.
Termination for Cause-no compensation owed Termination without cause-if prior to 4/30/11 one half of guaranteed endorsement and base salary for remainder of term, if 5/1/11-4/30/12 there is a $2mm buyout, if 5/1/124/30-13 there is a $1.5mm buyout Termination by coach-if before 4/30/08 coach owes $3mm, if 5/1/08-4/30/09 coach owes $2mm, if between 5/1/09-3/21/10 coach owes $1mm, after the end of the 0910 season no fee is due
Two (2) automobiles. Each assistant coach provided with an automobile for use. Coach able to use private jet for recruiting visits, but not to exceed total of $65,000 per year. Coach can use private jet for 10 hours of personal use each year.
Standard University employee benefits. Thirty (30) season tickets for men's basketball, fifteen (15) pre and post season basketball tickets, twelve (12) season football tickets. Assistant coaches each receive eight (8) season basketball tickets, four (4) pre and post season basketball tickets, and four (4) season football tickets.
Termination for Cause: no compensation or benefits owed. Termination without cause: liquidated damages in amount due under contract for guaranteed amounts, but does not include prospective benefits. Coach required to mitigate damages by attempting to obtain employment if terminated without cause. Termination by coach: if coach obtains employment with another D1 school within six (6) months of leaving Ohio State, $500,000 in liquidated damages. Coach cannot recruit a high school player for one (1) year that would have been recruited for Ohio State.
Coach only able to talk about employment status with other Universities or Professional Teams between end of season and April 15th.
Use of one automobile.
One season pass to University Termination for Cause: If coach is reassigned within golf course, preferred rate on obligations of University cease, no university, will retain same salary Purdue Championship course. further compensation or benefits for twenty four (24) months. owed. Termination without cause: liquidated damages equal to amount of months left on contract times monthly salary, but not to exceed twenty four (24) months in length. Termination by coach: if coach accepts position with another school prior to termination or within twenty four (24) months after termination, coach owes liquidated damages in amount of months remaining by monthly salary, but not more than twenty four (24) months.
Two (2) cars or annual car allowance in $4,200 per car.
Family golf play country club membership. Standard University employee benefits.
Termination for Cause: no compensation or benefits owed. If terminated as a result which would normally be for cause, but no sanctions or fines imposed against school within 2 years, then converted to without cause, and receives benefits owed plus 10% interest. Termination without Cause-pay equal to coaches salary for 4 years or the remainder of the term, whichever is less Termination by coach without cause-$400k to school if he accepts another head coaching position within 1 year or he resigns from 10/15-4/1 in any given year of the contract