Florida releases details of Will Muschamp's contract
If he survives five years as Florida's head coach, Will Muschamp will earn $13.75 million over that span, an average of $2.75 million per year, according to the contract released by the University Athletic Association today.
Muschamp, 39, will receive a base of $278,846.31 his first season, then $250,000 for the next four, $1.7 million for his TV/radio appearances and other public obligations, and a one-time $750,000 signing bonus.
He will receive $68,038 for an expense account this season, then $61,000 the remaining four years. He’s also entitled to $29,400 for pension and an equipment agreement worth $290,000 this season, $260,000 thereafter.
If he remains for five years, Muschamp will receive a $500,000 retention bonus, to be paid on Jan. 31, 2016. If he leaves early, he will owe the UAA the same amount. Also, if Muschamp is fired without cause, he will receive $2 million annually for the remainder of his contract.
Along with his Nike bonus of $200,000 annually, Muschamp could also increase his salary by doing what Florida fans want most: winning. He could earn $37,500 for making to the SEC Championship game and $75,000 for winning the title in Atlanta. If the Gators make it to a BCS bowl game, Muschamp will earn $100,000. The BCS National Championship game would be worth a $150,000 bonus and winning the national title would be worth $250,000.