Awesome Coach Cal Contract Facts!

By: Alex Risen
By: Alex Risen

So here are just a few additions to what you may know from other articles and stories or this is all new, in which case...you may want to sit down and enjoy...

In addition to yearly base of $400,000...

  • Coach Cal will receive broadcasting and endorsement cash every year of $3.4 million...
  • If they win the SEC regular season...tack on $50,000 more...
  • SEC Tournament Championship...how about $50,000 more...
  • Sweet 16 appearance...that's good for another $100,000...
  • Elite Eight...$100,000 more...(replaces old graduation rate of 75 percent clause that was good for just $50,000)
  • Final Four?  Add $150,000...(down from original $175,000)
  • Win the Cats the seemingly elusive 8th title (and beyond)...$350,000 per NCAA title... (down from original $375,000)
  • Academic Progress Rate of .950 or better...$50,000 more...

How about retention incentives?

  • July 31, 2012--$1,000,000
  • July 31, 2013--$1,000,000
  • July 31, 2014--$1,000,000
  • July 31, 2015 Intentionally Omitted
  • July 31, 2016--$1,000,000
  • July 31, 2017--$1,000,000
  • and March 30, 2019--$1,100,000

And some perks...

  • 20 work days of vacation per year
  • "two (2) late-model, quality automobiles for personal and official use"
  • 20 prime, lower-level tickets to each home basketball game, each away game and each post-season tournament game...8 football tickets to each UK home game to watch Joker Phillips'  Wildcats!
  • And of course a local golf club membership (including initiation fees and monthly dues)

That's the good stuff!  There's also retirement and termination clauses, but with a great deal like this...why ruin the blog with depressing stuff!

Check back as always!  Follow me on Twitter or Facebook and email me at alex.risen@wymtnews.com!

 

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