Holgo's new contract
- by Doug Samuels 1 year ago
As we noted on The Scoop earlier today, Dana Holgorsen has signed a new contract that will take him through the 2017 season, with a starting salary of $2.3 million per.
By the end of the agreement in 2017, Holgo will make $2.9 million annually. A flat buyout is listed within the wording of the contract at $2 million.
Other notable areas of the contract include:
- An annual retention bonus of $75,000 every December 8 that he remains the Mountaineers head coach. Also included are retention bonuses of $50,000 (March 1, 2013), and $300,000
- Two cars, a golf club membership and four guests on a charter flight to any road game are also included.
- The pool of money for his assistant coaches will begin at 2.6 million and increase at least 3% every year. If the Mountaineers make a bowl game, that pool will increase by no less than 5%.
-The list of annual performance based incentives can total no more than $600,000.