Tuesday, November 10, 2009

Coach Paul Johnson's Contract

A tip of the hat to USA Today for getting a copy of Paul Johnson's contract, which can be seen here:

http://i.usatoday.net/sports/graphics/2009/coaches-contracts/pdf/johnson_georgiatech.pdf

I'll let you all take a gander for yourselves, but here are some of the highlights:

- Contract expires December 31, 2015.
- Paul Johnson can buy out his contract for $1,000,000 before Jan 1, 2010. It gets reduced to $750,000 after that date.
- His 2.3 million dollar salary is broken down as follows:
- $325,000 salary
- $150,000 for apparel
- $1,300,000 for radio & TV (Hey CPJ, would it kill you to buy us a beer at Fox Sports Grill?)
- $525,000 for twenty personal appearances
- Incentives he has reached:
- $75,000 for a bowl game.
- $10,000 for getting GT in the Top 25
- Incentives he can attain:
- $125,000 for a 70% graduation rate
- $25,000 if the APR rates are over 930 and $75,000 if the APR rates are over 950.
- $200,000 if he beats Duke and the ACC Championship game.
- An extra $125,000 for a BCS game, which is 2 wins away as well.
- $50,000 for a bowl win
- $25,000 if he is ACC coach of the year by a media outlet listed in his contract
- $50,000 if he is National coach of the year by a media outlet listed in his contract
- An extra $15,000 if GT is in the Top 25 in the final poll, or an extra $40,000 if they finish in the Top 10.
- Other perks:
- A skybox
- 20 season tickets; 12 tickets to all away games
- 6 basketball season tickets
- Golf membership
- Two courtesy cars
- The facilities for his summer camp

Worth. Every. Penny.