Mike Norvell contract at Memphis

Mike Norvell Photo Credit: AP

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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