Butch Jones contract details

January, 25, 2012
1/25/12
4:00
PM ET
Here is a closer look at the new three-year contract extension Cincinnati coach Butch Jones received.

Salary

2012: $1.575 million

2013: $1.6 million

2014: $1.6 million

2015: $1.65 million

2016: $1.7 million

2017: $2.05 million

The incentives remained the same:

Top 25 finish: $35,000

$10,000 per victory over a Top 25 team

BCS appearance: $100,000

Non-BCS bowl appearance: $50,000

Outright conference title: $50,000

Shared conference title: $25,000

Conference Coach of the Year: $25,000

National Coach of the Year: $25,000

Regular-season wins (7): $5,000

Regular-season wins (8): $3,000 additional

Regular-season wins (9): $3,000 additional

Regular-season wins (10): $3,000 additional

Minimum NCAA APR: $10,000

950 APR: $20,000

970 APR or above: $30,000

Season tickets sold 16,500: $7,500

Season tickets sold 19,000: $15,000

Season tickets sold 21,500: $25,000

Retention bonus:

Jones gets $300,000 if he is still the coach Jan. 15, 2015. He gets the same amount if he remains the coach as of Jan. 15, 2016 and Jan. 15, 2017.

Assistant coach salary pool

Has increased from $1.6 million to $1.85 million

Buyout

Here is what Jones has to pay should he leave:

Before Feb. 1, 2012: $1.75 million, up from $1.08 million

*Before Jan. 1, 2013: $1.4 million, up from $1.25 million

*Before Jan. 1, 2014: $1.1 million, up from $850,000

*Before Jan. 1, 2015: $1 million

*Before Jan. 1, 2016: $850,000

*Before Jan. 1, 2017: $550,000

*After Jan. 1, 2017: $0

* = or two days after bowl game

Cincinnati pays Jones if he is fired without cause:

Before Jan. 1, 2013: $2.5 million

Before Jan. 1, 2014: $2 million

Before Jan. 1, 2015: $1.75 million

Before Jan. 1, 2016: $1.5 million

Before Jan. 1, 2017: $1 million

Note: Based on these incentives and a $100,000 retention bonus he received Jan. 15, Jones made an extra $259,000 this season for a grand total of $1.359 million.

SPONSORED HEADLINES

Comments

You must be signed in to post a comment

Already have an account?

BIG EAST TEAM COVERAGE