Lovie Smith contract at Illinois
College: Illinois
Conference: Big Ten
State: Illinois
Base compensation
- 2017 guaranteed pay: $3,000,000
- Total contract pay: $22,807,692
- Contract length: 6 years
- Start date: 3/7/2016
- Expires: 1/31/2022
Incentives
- Retention bonus: $1,000,000 on 1/1/19; $1,000,000 on 1/1/22.
- National title bonus: $200,000
- CFP semifinal win: $125,000
- CFP semifinal appearance: $200,000
- Conference title bonus: $50,000 for appearing, additional $100,000 for winning
- Conference regular season division title bonus: $50,000
- Coach of the year award bonus: $50,000 for Big Ten coach of year; $75,000 for national coach of year.
- Academic bonuses: per semester, $12,500 if team GPA if 2.5, $25,000 if team GPA is 2.75, $50,000 if team GPA is 3.00.
- Car: two late-model cars and school pays insurance
- Tickets: one suite, 2 VIP parking passes, 20 regular-season additional tickets; 20 tickets to away games; 4 season tickets and 1 parking pass to other sports
- Golf/country club: local country club membership.
Other Perks
- Miscellaneous perks: $50,000 for 10% increase in year-over-year paid attendance; spouse can ride on charter team flights
- Buyout if coach leaves for another coaching job: $6,000,000 before 1/31/18; $5,500,000 before 1/31/19; $5,000,000 before 1/31/20; $4,500,000 before 1/31/21.
College Football Videos