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USF Bulls give contract extensions to coaches Skip Holtz and Stan Heath

Skip Holtz can earn $200,000 if USF wins the Big East and $500,000 for the national title.

WILLIE J. ALLEN JR. | Times (2011)

Skip Holtz can earn $200,000 if USF wins the Big East and $500,000 for the national title.

TAMPA — USF announced Friday new six-year contracts for its two most prominent coaches, football's Skip Holtz and men's basketball's Stan Heath, that run through the 2017-18 school year.

Holtz will earn a base salary of $2 million a year to total $12 million over the six years. Heath will earn a base salary of $1.13 million for next season and get a $25,000 raise each season for an average of $1.19 million and a total of $6.93 million.

"I have great confidence in the leadership they are providing and the future of both our football and men's basketball programs," athletic director Doug Woolard said in a statement.

Both deals include buyout clauses. Each must pay USF $1 million if they leave during the next two seasons and $500,000 if they leave during the following two.

Last season Heath led the Bulls to their first NCAA Tournament appearance in 20 years and their first two wins in it. His previous deal, a five-year contract signed in 2010, averaged $900,000. He is getting a similar increase to the one he got in 2010 from his original deal, which averaged $675,000.

"I'm very appreciative of the commitment President (Judy) Genshaft, Doug and our trustees have made not just to me, but to our facilities and our staff," Heath said in a statement. "I'm pleased with the progress of the program."

Holtz's team last season went 1-6 in the Big East and 5-7 overall, and failed to qualify for a bowl game. His new deal is barely a raise. He was due to make $5.7 million over the final three years of his contract.

Both coaches got larger salary pools for their assistants. Holtz has $1.85 million, an increase of $100,000, for each of the next two years. Heath has $520,000 for three assistants and a director of basketball operations, up from $435,000.

Both contracts contain incentive clauses.

Holtz's biggest incentives doubled from his previous deal. He can earn $200,000 for a Big East title, $400,000 if the Bulls play for the national title, $500,000 if they win the title. There is a separate $25,000 bonus for going to any bowl. Any incentive triggered is added to the next year's base salary.

Heath can earn $100,000 for a Big East regular-season title and another $100,000 for winning the conference tournament. He can earn $50,000 for making the NCAA Tournament, $25,000 for each win in it and $10,000 for making the NIT.

Playoff doesn't worry Big East commissioner

Interim Big East commissioner Joe Bailey told ESPN he is not concerned about his league's future in regard to the football playoff system that starts in 2014.

A committee will determine four semifinalists as well as the matchups for four other bowls based on conference tie-ins. The Big East doesn't have one. The Big Ten and Pac-12 have one with the Rose Bowl, the ACC with the Orange Bowl, and the Big 12 and SEC with the new Champions Bowl.

"This conference, because of its record over the past six years or so, really plays very good football," Bailey said. "And if it's based on meritocracy, then we will be able to do as well as anybody else."

Ex-Gator honored: Former Florida catcher Mike Zunino won the Golden Spikes Award, the national player of the year award presented by USA Baseball. Only he and Florida State's Buster Posey (2008) have won the Golden Spikes, the Dick Howser player of the year award and the Johnny Bench Award for the nation's top catcher in the same season. Zunino, also Baseball America's player of the year, was drafted third overall by the Mariners last month.

Times staff writer Antonya English contributed to this report.

USF Bulls give contract extensions to coaches Skip Holtz and Stan Heath 07/06/12 [Last modified: Friday, July 6, 2012 10:25pm]
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