Major Applewhite contract at Houston
College: Houston
Conference: American Athletic
State: Texas
Base compensation
- 2017 guaranteed pay: $1,500,000
- Total contract pay: $8,750,000
- Contract length: 5 years
- Start date: 12/11/2016
- Expires: 2/28/2022
Incentives
- Conference title bonus: Annual salary raise of $100,000
- Misc athletic-based incentives: $100,000 for 9th win, 10th win, 11th win, 12th win;
- Car: one car with gas and insurance paid
- Tickets: 12 football tickets and suite; 6 men’s basketball tickets
Other Perks
- Miscellaneous perks: mutual option for a two-year extension after the second season; Annual deferred compensation of $250,000 paid only if contract is completed
- Buyout if coach leaves for another coaching job: Coach owes school total salary left on contract plus money owed to assistants; increases by 50% if coach leaves for a team in Texas; increases by 10% if coach didn’t receive permission to speak to interested school.
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