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SportsCOLLEGECOLLEGE FOOTBALL

Mike Bobo contract at Colorado State

Mike Bobo

Mike Bobo Photo Credit: AP

College: Colorado State

Conference: Mountain West

State: Colorado

Base compensation

  • 2017 guaranteed pay: $1,550,000
  • Total contract pay: $7,750,000
  • Contract length: 5 years
  • Start date: 12/23/2014
  • Expires: 12/31/2019

Incentives

  • National title bonus: $100,000
  • CFP semifinal win: $200,000
  • CFP semifinal appearance: $150,000
  • Conference title bonus: $50,000 for appearing; $50,000 for winning.
  • Misc athletic-based incentives: $25,000 for 6th win; $25,000 for 7th win; $25,000 for 8th win;
  • Coach of the year award bonus: $10,000 for conference coach of year; $50,000 for national coach of year.
  • Car: two cars or an equivalent stipend
  • Tickets: 20 football tickets and use of stadium box; 7 men’s and women’s basketball tickets.
  • Golf/country club: country club membership

Other Perks

  • Buyout if coach leaves for another coaching job: $2,500,000 if before 12/31/17; $1,000,000 if before 12/31/18.

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