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January 13, 2014

Details of Charlie Strong's contract

Texas regents on Monday approved a 5-year contract for Charlie Strong that starts at $5 million per year and includes annual raises of $100,000.

Regents also approved payment to Louisville of $4.375 million to liquidate Strong's contract buyout.

Here's a look at Strong's contract bonuses at Texas:

CONFERENCE PERFORMANCE

* Win Big 12 title - $100,000

POST-SEASON PERFORMANCE

* Appear in bowl game other than Major 6 - $25,000

* Win bowl game other than Major 6 - $25,000

* Appear in Major 6 bowl (Rose, Orange, Sugar, Fiesta, Cotton, Peach) - $50,000

* Win Major 6 bowl game - $50,000

* Appear in College Football Championship game - $100,000

* Win College Football Championship Game - $250,000

COACH OF THE YEAR

* Any other than National COY award - $50,000

* National Coach of the Year - $100,000

ADDITIONAL INCENTIVE PAYMENTS

* Top 5 Ranking in Final Poll - 3% of that year's annual salary

* Top 10 Ranking in Final Poll - 2% of that year's annual salary

ACADEMIC PERFORMANCE INCENTIVE

* Team GPA 2.90 - $25,000
* Team GPA 3.00 - $50,000
* Team GPA 3.10 - $75,000

* Football APR Top 10 percentile - $75,000

FOR STRONG'S PERSONAL USE:

* One suite at UT football games and 6 season tickets

* 4 season tickets to UT's other men's and women's sports

* Membership at UT Golf Club, UT Club and Headliners Club.

* Up to 20 hours of private flight time (flight time shall be donated to UT)

* Use of 2 courtesy cars from a local dealership (or an allowance of $7,500 in lieu of one of the courtesy cars)

* Spouse travel to athletic events, development and official entertainment/business activities.



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