It also took out Muschamp’s annual $200,000 raise built into his contract. He'll also receive $290,000 from the school's equipment fee for the first contract year. That means his salary will settle at $4.4 million a year. The 48-year-old Muschamp is under contract through 2023, with steady salary increases to $5.4 million by the end of the deal. Even if USC wants to replace Will Muschamp as head football coach this year, the school may not be able to afford the $19 million buyout in his contract, several trustees told The State. Jimbo Fisher at TAMU would be owed just over $63 million. By Lucas Daprile and Ben Breiner, The State (Columbia, S.C.), Could USC afford to buy out Muschamp's contract? The Gamecocks are 4-6 this season following a 20-15 loss to Appalachian State, and will be heavy underdogs in their final two games against Texas A&M and Clemson. Muschamp was slated to receive a raise to $425,000 per year with a two-year, no buyout, contract at Auburn for 2008, which would have made him the highest-paid assistant coach in the SEC. Matt Luke will have $6.5 million left on his contract at the end of the year (unclear if any 2019 salary is prorated). If fired after this year, he will be owed $9.8 million. Other losses have come against North Carolina, 24-20; Missouri, 34-14; and Tennessee, 41-21. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Having such a high buyout could be a lesson for the board of trustees in future athletic hires, said Trustee Charles Williams. This functionally makes his buyout $12 million because he would need to have fewer than two years left on the deal to get below that number, and almost no coaching contract reaches that point these days. Should the school terminate his contract… If he’s fired after this season, he will be owed approximately $6 million. Outside reporting has the deal as being fully guaranteed, though there are no details. While we wish the outcome of some of our games would have been different, we are excited about the future of our program.”. The coaches at Mississippi and Mississippi State, along Texas A&M will all receive their full contract if they are terminated by the University. As the defensive coordinator and head-coach-in-waiting at the University of Texas, Muschamp made more than $900,000, making him the highest paid assistant coach at the time. Kirby Smart’s buyout would be $24.24 million if fired on Dec. 1 according to USA Today. The payouts would come in monthly installments. If he’s terminated effective January 1, he would be owed $18.75 million as a buyout. Mississippi contracts can only be four years, and a coach will at worst be terminated with three years left. He would be owed a buyout of nearly $20 million if fired after this season, according to USA Today’s college football coaches salary database. Quarterbacks coach Dan Werner received a $200,000 raise to increase his … Gamecocks fan base asks about moving on from the coach, Will Muschamp’s buyout, which would be in the range of $19 million, 60 percent of base pay and supplementary pay through Jan 31, 2024, $10 million, dropping by $250,000 a month until it hits $4 million, $612,500 a year through the contract (base salary), plus some paid out incentives, How to get the most out of your subscription to The State, Two Gamecocks earn SEC Player of the Week honors, including a freshman, South Carolina makes some history with win over No. “President (Robert) Caslen and I are fully supportive of his leadership and his development of student-athletes on and off the field. Muschamp will make a base salary of $250,000 a year. Missouri: $612,500 a year through the contract (base salary), plus some paid out incentives. His buyout is 75 percent of whatever is remaining on his deal. That takes $3 million off the life of the contract. Deserved or otherwise, it also boosted his buyout to $19 million if he’s fired this year. It’s not on the low end, it’s certainly not on the high end. Distributed by Tribune Content Agency, LLC. Buyouts, for the most part, represent a part or whole of what’s left on a contract. South Carolina lost starting quarterback Jake Bentley to a season-ending injury in their opener against North Carolina, but appeared to turn things around with a 20-17 double-overtime upset of Georgia on Oct. 12. Muschamp, formerly the defensive coordinator at Texas and Auburn, was previously head coach at Florida from 2011-14. “I personally don’t think the university can buy out a contract such as his,” said Trustee Egerton Burroughs. © 2020 Advance Local Media LLC. Muschamp received a new contract that will pay him $4.2 million in the first year with annual increases that will top out at $5.2 million in 2023. Will Muschamp's contract details released, Scout's Take: ATH Daxton Hill to Michigan, Scout's Take: DT Nathan Pickering to Mississippi State, Scout's Take: DE Justin Eboigbe to Alabama, Scout's Take: DE Savion Jackson to NC State, Scout's Take: QB Grant Gunnell to Arizona, Nick Saban's open-door policy a factor in Alabama's draft success, Scout's Take: DE Zacch Pickens to South Carolina, SEC continues first-round dominance with 10 draft selections, Florida's offense is on 'right track' with new staff, Where things stand in Alabama QB battle after spring game, Clemson's QB battle could heat up in spring game, Rose Bowl to host celebration of life for Keith Jackson, Beset by injuries, Auburn remains a mystery this spring, Why West Virginia could have college football's top offense in 2018. USA Today’s college football coaches salary database. Mississippi State: 100 percent guaranteed. Several coaches have different buyout structures. “(Muschamp’s) base salary isn’t as high as a lot of other ones, but he’s got a very good contract. Alabama: 100 percent guaranteed for the next four years. His buyout will be more than $10 million. Will Muschamp restructured his contract to help his assistants, which also resulted in his buyout being reduced. Muschamp's contract includes a $500,000 buyout clause and he will receive a $500,000 retention bonus if he is still employed at Florida on Jan. 31, 2016. In the SEC, there’s a competitive nature to contracts and a stigma of sorts is attached to being lower in overall salary. Tanner’s statement Friday was apparently meant to clarify that Muschamp was not in immediate danger of losing his job. Florida released the details of new coach Will Muschamp's contract Thursday.Here are some details from his contract: The first-year coach is set to make $13. Florida: $12 million or whatever is left on his deal less than $12 million. Connect to local news for just $4.99 a month for 12 months. Muschamp got a contract extension in December of 2018, through the 2024 season. 3.01 The tenn ofthis Contract shall be eight (8) years, commencing January 4, 2007, and ending January 31, 2015, subject to earlier termination in accordance with the provisions of Article V hereof. Should the school terminate his contract, he would be owed 75 percent of his remaining contract. South Carolina head football coach Will Muschamp is shown on the sideline during the second half of a game against the Kentucky Wildcats at Williams-Brice Stadium on September 28, 2019 in Columbia, South Carolina. Arkansas' Bobby Petrino enjoyed a hefty raise this offseason and is now making $3.56 million a year. And the contracts in the sport’s wealthiest league tell the tale. He also does not have to pay anything should he chose to leave. Registration on or use of this site constitutes acceptance of our User Agreement, Privacy Policy and Cookie Statement, and Your California Privacy Rights (each updated 1/1/20). Alabama coach Nick Saban is top dog in the SEC and is one of the highest paid coaches in the country, bringing in almost $6 million a year. All rights reserved (About Us). The coach is also eligible for bonuses, though those are not explained in the contract. At the moment, that puts Ed Orgeron’s buyout at $7.75 million if were he terminated Dec. 1. (Photo by Carmen Mandato/Getty Images)Getty Images. However, most of that money is already earmarked for other expenses such as teacher salaries, scholarships, research, new buildings, maintenance, student services and more, according to the school’s 2018-2019 budget. South Carolina football coach Will Muschamp has six years, including this one, on a contract that expires on December 31, 2024. The Gamecocks want him to headline 2021 class, First look: Top story lines, betting odds for South Carolina vs LSU football game, Gamecocks veteran tears his ACL, another suffered unusual injury, Gamecocks star Jaycee Horn named national defensive player of the week, Coming off upset, South Carolina an underdog at LSU, but only by one score. Tennessee: 60 percent of base pay and supplementary pay through Jan 31, 2024. “Today, I want to make it clear that Will Muschamp is our football coach and will be our coach going forward,” Tanner said in a statement released by the South Carolina athletic department. The number would drop as follows: If terminated on Jan. 1, 2021: $15.3 million If terminated on Jan. 1, 2022: $11.7 millionIf terminated on Jan. 1, 2023: $7.95 millionIf terminated on Jan. 1, 2024: $4.05 million. The money would be delivered in monthly installments. “My job right now is to keep tuition down and hopefully reduce tuition.”. © 2005-2020 CBS INTERACTIVE ALL RIGHTS RESERVED. Assuming the contract is not renegotiated, this is what South Carolina would owe Muschamp each year, were he fired. South Carolina athletics director Ray Tanner on Friday gave football coach Will Muschamp a public vote of confidence. USC Athletics Director Ray Tanner explained several times that Muschamp’s buyout is “comparable” to the rest of the SEC. Auburn: 75 percent of remaining deal. To be clear, none of the six trustees who spoke to The State on the record would say whether Muschamp should be fired. Real-time updates and all local stories you want right in the palm of your hand. If Muschamp is fired, he will earn $2 million for every year left on his contract. Graduated from the University of Florida. Morris was fired Sunday. Instead, they said that decision should be made by either Athletic Director Ray Tanner or President Robert Caslen. On Wednesday during an appearance on 107.5 The Game with Jay Philips and Tommy Moody, athletics director Ray Tanner said the buyout details are pretty typical among coaches in the Southeastern Conference. That length of contract is often justified as providing stability to reassure recruits. That would put Barry Odom’s buyout in the range of $3.27 million before considering any incentives. At Missouri, Barry Odom receives 100 percent of his base salary, which is less than his total compensation, but also receives money set aside as a deferred payment. It should be noted that in the state of Mississippi, state employees can not be put on a contract over four years. In the SEC, there’s a competitive nature to contracts and a stigma of sorts is attached to being lower in overall salary. That large sum usually in turn draws questions about how such a deal would have been given to a coach who achieved modest success in his first few seasons. 3 ranked Georgia Bulldogs 20-17 in double-overtime, borrowing $240 million to build an 1,800-bed campus dorm complex facility. To extend or renew the contract tenn, both parties must sign a written agreement to do so. Kentucky: 75 percent of remaining guaranteed pay.