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Salary, contract details for new USF football coach Alex Golesh

The Bulls’ new coach would receive a raise of at least $1 million if the Bulls join a Power Five conference.
 
USF football coach Alex Golesh, right, was introduced to Bulls fans last week. He is pictured next to athletic director Michael Kelly.
USF football coach Alex Golesh, right, was introduced to Bulls fans last week. He is pictured next to athletic director Michael Kelly. [ IVY CEBALLO | Times ]
Published Dec. 12, 2022|Updated Dec. 12, 2022

New USF football coach Alex Golesh will make $2.5 million for the first three years of his six-year deal, according to the contract obtained Monday by the Tampa Bay Times through an open-records request.

His deal, dated Dec. 3 and effective on the Monday he was introduced, includes a $500,000 base salary and $2 million in supplemental pay for things like media appearances and fundraising events. The supplemental figure jumps to $2.1 million for 2026-28. Golesh will also receive $800 a month for a car stipend and $35,000 in moving expenses.

Related: Is new USF football coach Alex Golesh the next Jim Leavitt? Or another Jeff Scott?

Though Golesh’s full pay is comparable to the $2.4 million the Bulls paid Jeff Scott last season, USF has increased its salary pool for assistant coaches and support staff. It starts at $4.5 million for Golesh’s staff — an increase of $750,000 from what the Bulls had agreed to pay Scott’s staff for the 2023 year.

If Golesh left for another job next year, he would owe $3 million. That figure decreases to $500,000 in 2028.

If USF fires Golesh without cause, the Bulls owe him 20 weeks of his $500,000 base salary. That number does not include any money from private organizations, like the USF Foundation.

USF and Golesh agree to renegotiate his salary if USF joins a Power Five conference, but Golesh’s raise will be at least $1 million annually.

The contract lists several performance-related bonuses for Golesh, starting with $10,000 if he wins eight regular-season games.

Related: Local players recruited by Alex Golesh laud new USF coach’s sincerity, relatability

Other bonuses

Conference championship game appearance: $25,000

Conference championship: $50,000

Finishing between 16th and 25th in the College Football Playoff rankings: $20,000

Finishing between 11th and 15th in the CFP rankings: $30,000

Top-10 finish in CFP rankings: $50,000

Beating a top-10 team: $10,000

Bowl game appearance: $25,000

Bowl win: $50,000

Playoff appearance: $200,000

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