Strong’s 5-year deal at Texas includes $100,000 annual raises

Posted Monday, Jan. 13, 2014  comments  Print Reprints

Have more to add? News tip? Tell us

Texas regents unanimously approved a term sheet Monday outlining a five-year contract for new football coach Charlie Strong.

As part of the deal, Strong will earn $5 million per year, with $100,000 annual raises to start in the second year of the agreement. In addition, Texas officials will pay $4.375 million to Louisville to satisfy the terms of Strong’s buyout clause at that school, where he posted a 37-15 record the past four seasons.

Strong’s tenure at Louisville included two Big East conference championships and a combined 23-3 mark the past two seasons.

Performance incentives in Strong’s deal include six-figure bonuses for winning a Big 12 championship ($100,000) or a national championship ($250,000). An appearance in the national championship game without a victory would trigger a $100,000 bonus.

Other bowl-related bonuses range from $25,000 to $50,000, depending on whether the Longhorns reach one of the six major bowls affiliated with the College Football Playoff.

Strong also would receive a $100,000 bonus for receiving a national coach of the year award or $50,000 for another coach of the year honor. A top-5 ranking in the final poll would trigger a 3 percent bonus from that year’s annual salary, with a top-10 finish generating a 2 percent bonus.

Strong also would receive bonuses if the team’s annual GPA hits 2.9 ($25,000), 3.0 ($50,000) or 3.1 ($75,000). Other perks for Strong include use of one suite and six season football tickets, as well as four season tickets to other men’s sports and four season tickets to other women’s sports.

The term sheet shows no buyout figure owed by Strong if he leaves Texas voluntarily. But it states Strong would be obligated to pay the school an amount equal to the total compensation Texas would be obligated to pay any assistants who remain at UT 60 days after Strong’s departure.

If Strong is fired without cause by Texas officials, he would receive 100 percent of the salary remaining on his contract. Strong’s first of his annual $100,000 raises will take effect on Jan. 15, 2015.

Jimmy Burch, 817-390-7760 Twitter: @Jimmy_Burch

Looking for comments?

We welcome your comments on this story, but please be civil. Do not use profanity, hate speech, threats, personal abuse or any device to draw undue attention. Our policy requires those wishing to post here to use their real identity.

Our commenting policy | Facebook commenting FAQ | Why Facebook?

Saturday, November 22Full Scoreboard
No games today
Full Scoreboard
Saturday, November 22Full Scoreboard
Phoenix «106Final | Box
Miami «99Final | Box
Toronto «110Final | Box
Philadelphia83Final | Box
New York «91
Dallas92Final | Box
Houston «95
Sacramento «113Final | Box
Washington «111Final | Box
Brooklyn87Final | Box
San Antonio «99
New Orleans «106Final | Box
Full Scoreboard
Week 12Full Scoreboard
Kansas City20Final | Box
Oakland «24Gridiron Replay
Cleveland 1:00 PM ET
Atlanta TV: CBS
Tampa Bay 1:00 PM ET
Chicago TV: FOX
Cincinnati 1:00 PM ET
Houston TV: CBS
Jacksonville 1:00 PM ET
Indianapolis TV: CBS
Green Bay 1:00 PM ET
Minnesota TV: FOX
Detroit 1:00 PM ET
New England TV: FOX
Tennessee 1:00 PM ET
Philadelphia TV: CBS
St. Louis 4:05 PM ET
San Diego TV: FOX
Arizona 4:05 PM ET
Seattle TV: FOX
Miami 4:25 PM ET
Denver TV: CBS
Washington 4:25 PM ET
San Francisco TV: CBS
Dallas 8:30 PM ET
NY Giants TV: NBC
NY Jets 7:00 PM ET
Buffalo TV: CBS
Baltimore 8:30 PM ET
New Orleans TV: ESPN
Full Scoreboard
Saturday, November 22Full Scoreboard
St. Louis «3Final | Box
Montreal «2Final | Box
Detroit1Final | Box
Toronto «4
Minnesota1Final | Box
Tampa Bay «2
Pittsburgh1Final | Box
NY Islanders «4
Columbus2Final | Box
Philadelphia «4
Buffalo «2Final | Box
Florida2Final(SO) | Box
Nashville «3
Los Angeles4Final | Box
Dallas «5
Carolina3Final | Box
Colorado «4
New Jersey4Final(SO) | Box
Calgary «5
Chicago «7Final | Box
Arizona «4Final(SO) | Box
San Jose3
Full Scoreboard