Three months ago, the University of Florida released detailed contract information for the assistant coaches of the Florida Gators football program. Thursday, the school did the same regarding head coach Will Muschamp‘s five-year, $13.75 million deal.
According to Florida, Muschamp will earn $2,750,400 per season and received a $750,000 bonus upon signing his contract. Other bonuses include $500,000 if he is retained as coach through Jan. 31, 2016 (and $250,000 more if he is retained through Jan. 31, 2017), $200,000 per year from Nike, $75,000 for winning the Southeastern Conference Championship and $250,000 for winning the BCS National Championship. He will also have an annual expense account of just over $60,000.
Muschamp can be bought out for $500,000 but would be paid $2 million for every year remaining on his contract if the Gators decide to terminate him.
The second-largest contract among Florida’s coaches is that of offensive coordinator Charlie Weis, who signed a three-year, $2.625 million deal. The contract makes him the highest-paid assistant coach in school history. Weis will earn salaries of $765,000 in 2011 and $865,000 in both 2012 and 2013; he also received a $100,000 signing bonus.
A look at the coaching staff’s 2011 salaries compared with their counterparts in 2010:
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* White and Durkin are both in the second year of two-year contracts signed in 2010.
Contract notes (as of 2010):
– Asst. coaches receive a $10,000 bonus from Florida’s contract with Nike
– All coaches receive a car and other tangible incentives
Universal bonuses (as of 2010):
– BCS National Championship Game appearance – up to 30 percent increase
– Other BCS bowl game appearance – 20 percent increase
– SEC Championship Game appearance – 10 percent increase
– Non-BCS bowl game – 10 percent increase
– Bowl game with less than $2 million payout – one month’s salary increase