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Jim McElwain’s severance package: $7.5 million

Florida also revealed more details about Dan Mullen's contract.
Jim McElwain coached the final game of his UF career last month against Georgia. MONICA HERNDON   |   Times
Jim McElwain coached the final game of his UF career last month against Georgia. MONICA HERNDON | Times
Published Nov. 28, 2017|Updated Nov. 28, 2017

The Florida Gators will pay Jim McElwain $7.5 million as part of his buyout package after their mutual separation last month.

UF released terms of his separation on Tuesday. McElwain is due:

$3.75 million on Dec. 1

$250,000 on Feb. 15, 2018

$1 million on July 1, 2018

$1 million on July 1, 2019

$1 million on July 1, 2020

and $500,000 on July 1, 2021

If terminated without cause, McElwain had been due more than $12 million, but UF would have owed him nothing if it fired him for cause.

McElwain and UF parted ways on Oct. 29, a day after the Gators' 42-7 loss to rival Georgia. The bigger issue, though, was off-the-field tension in the department. 

"This is more than just wins and losses," athletic director Scott Stricklin said last month.

The obvious turning point came when McElwain publicly mentioned death threats against people affiliated with the program – but didn't share details with his administration or the authorities. Six days later, his 22-12 tenure was over, after SEC East championships in his first two seasons and a 3-4 start to his third.

That set the stage for UF to hire Dan Mullen from Mississippi State.

UF also released more details of his six-year contract on Tuesday. Mullen's deal is worth $6.1 million annually. The breakdown:

$3 million base salary

$1.75 million media

$700,000 equipment

$200,000 expense account

$350,000 Nike equipment

$70,000 airplane use

$33,000 pension

Bonuses include $100,000 for appearing in the SEC title game, $200,000 for winning the league and $400,000 for a national title. The max bonus is $925,000.

UF will provide a pool of $5 million for his assistant coaches.


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