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Mike Norvell contract at Memphis

Mike Norvell

Mike Norvell Photo Credit: AP

College: Memphis

Conference: American Athletic

State: Tennessee

Base compensation

  • 2017 guaranteed pay: $1,860,000
  • Total contract pay: $11,520,000
  • Contract length: 6 years
  • Start date: 12/4/2015
  • Last amended: 5/11/2017
  • Expires: 12/31/2020

Incentives

  • National title bonus: $300,000
  • CFP semifinal win: $200,000
  • CFP semifinal appearance: $100,000
  • Conference title bonus: $50,000
  • Conference regular season division title bonus: $30,000
  • Misc athletic-based incentives: $55,000 for 7 wins, or $90,000 for 8 wins, or $120,000 for 9 wins;
  • Coach of the year award bonus: $20,000 for conference coach of year; $30,000 for national coach of year
  • Academic bonuses: $10,000 for four-year APR of 960; $20,000 for four-year APR of 975.
  • Car: two cars
  • Tickets: unspecified amount of football and men’s basketball tickets

Other Perks

  • Miscellaneous perks: $12,000 in Nike Elite items to be divided among staff.
  • Buyout if coach leaves for another coaching job: $500,000

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