WEST LAFAYETTE, Ind. -- New Purdue coach Darrell Hazell will earn at least twice the salary of his predecessor.
Rittenberg: A Renewed Outlook
Purdue appears to have answered some of the questions about its investment in football with its contract for coach Darrell Hazell, writes Adam Rittenberg. Blog
The school announced over the weekend that its Board of Trustees had approved the hiring of Hazell at a base annual salary of $2 million including radio, television and marketing appearances, plus as much as $1 million more in bonuses. Former coach Danny Hope earned a Big Ten low of $950,000 annually.
Purdue also will lend Hazell $725,000 interest-free to cover the cost of his buyout at Kent State, where he was head coach for the last two seasons.
The school says the loan will be forgiven in installments over time as Hazell meets the conditions of his six-year contract.
The 48-year-old Hazell also will have $2.1 million to pay assistant coaches.