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Dan Mullen's contract details released
Posted on 11/28/17 at 3:45 pm
Posted on 11/28/17 at 3:45 pm
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GAINESVILLE, Fla. -- Florida released details about the structure of new coach Dan Mullen's salary on Tuesday, a deal that totals a little more than $36.6 million over six years.
Mullen's annual compensation in each year of the six-year deal will be $6.1 million, with $200,000 per year in the form of an expense account and $70,000 per year reserved for airplane usage.
The Gators also agreed to provide Mullen with $5 million for his assistant coaching pool.
Mullen can also earn up to $925,000 per year in bonuses based on performance-related incentives. You can view those below.
As previously noted by GatorBait.net, Mullen will be owed a $12 million buyout or the remaining value of his contract if he is fired, with 50 percent of that amount due within 30 days of firing and the remaining portion paid out over a period of six years.
Should Mullen leave Florida before his contract is up, he would owe the Gators $2 million.
Dan Mullen's Annual Performance Bonuses
$400,000 - College Football Playoff Champion
$300,000 - College Football Playoff Runner-Up
$250,000 - College Football Playoff Semi-Finalist
$200,000 - Participation in an Access/Big 6 Bowl Game
$200,000 - Win SEC Championship
$100,000 - Participate in Bowl Game
$100,000 - Reach SEC Championship Game
$100,000 - Finish in the AP Top 10
$100,000 - Academic Performance
$75,000 - Named AP National Coach of the Year
$50,000 - Named SEC Coach of the Year
LINK
GAINESVILLE, Fla. -- Florida released details about the structure of new coach Dan Mullen's salary on Tuesday, a deal that totals a little more than $36.6 million over six years.
Mullen's annual compensation in each year of the six-year deal will be $6.1 million, with $200,000 per year in the form of an expense account and $70,000 per year reserved for airplane usage.
The Gators also agreed to provide Mullen with $5 million for his assistant coaching pool.
Mullen can also earn up to $925,000 per year in bonuses based on performance-related incentives. You can view those below.
As previously noted by GatorBait.net, Mullen will be owed a $12 million buyout or the remaining value of his contract if he is fired, with 50 percent of that amount due within 30 days of firing and the remaining portion paid out over a period of six years.
Should Mullen leave Florida before his contract is up, he would owe the Gators $2 million.
Dan Mullen's Annual Performance Bonuses
$400,000 - College Football Playoff Champion
$300,000 - College Football Playoff Runner-Up
$250,000 - College Football Playoff Semi-Finalist
$200,000 - Participation in an Access/Big 6 Bowl Game
$200,000 - Win SEC Championship
$100,000 - Participate in Bowl Game
$100,000 - Reach SEC Championship Game
$100,000 - Finish in the AP Top 10
$100,000 - Academic Performance
$75,000 - Named AP National Coach of the Year
$50,000 - Named SEC Coach of the Year
LINK
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Posted on 11/28/17 at 3:55 pm to Gatorbait2008
quote:
The Gators also agreed to provide Mullen with $5 million for his assistant coaching pool.
Didnt OM's new contract have a slightly higher amount for this? wonder how this is comparatively across the big 6
Posted on 11/28/17 at 3:56 pm to Gatorbait2008
Seems excessive for a guy with his track record against ranked teams... He's a good hire for your third (or lower) choice though...
With those incentives though, most years his base salary is essentially 6.3 mil. Very little reason for him not to be in a Bowl Game at UF... and unless they have some very high academic standards, one would have to assume that one is a bit of a gimme as well. All in all, Mullen did very well for himself.
With those incentives though, most years his base salary is essentially 6.3 mil. Very little reason for him not to be in a Bowl Game at UF... and unless they have some very high academic standards, one would have to assume that one is a bit of a gimme as well. All in all, Mullen did very well for himself.
Posted on 11/28/17 at 3:57 pm to Gatorbait2008
Where's the life champion bonus?
Posted on 11/28/17 at 3:57 pm to Gatorbait2008
Can’t believe Florida whiffed on Frost and Chip.
Posted on 11/28/17 at 3:58 pm to NYCAuburn
quote:
Didnt OM's new contract have a slightly higher amount for this? wonder how this is comparatively across the big 6
OM was $5.1, I heard
Posted on 11/28/17 at 3:59 pm to fibonaccisquared
quote:
Seems excessive for a guy with his track record against ranked teams..
it's stupid money for him, but that's how it is going with the current SEC money
Posted on 11/28/17 at 3:59 pm to NYCAuburn
quote:
Didnt OM's new contract have a slightly higher amount for this? wonder how this is comparatively across the big 6
Yeah, just barely (unless that 5 is including S&C staff):
Uncertain about all big 6 schools. Will check if there is a "pool" for UGA. If not, I can easily add up our staff's numbers.
Posted on 11/28/17 at 4:01 pm to Gatorbait2008
quote:
$200,000 - Win SEC Championship
They could make this $200,000,000 and never have to spend a dime.
Posted on 11/28/17 at 4:03 pm to FinebaumsHair
We shall see. Last time he was here no one was better offensively in the conference for his four years. So seems he knows how to succeed at Florida.
Posted on 11/28/17 at 4:05 pm to Gatorbait2008
I'm surprised there's not an incentive for beating a top 25 team. 
Posted on 11/28/17 at 4:06 pm to Gatorbait2008
$6M? For a terrible HC. The sounds like uf. For fricks sake
Posted on 11/28/17 at 4:08 pm to TJGator1215
You whine a lot.
Posted on 11/28/17 at 4:08 pm to Gatorbait2008
This guy had something to do with that:
It's easy when your boss gets you 4-5* talent everywhere
It's easy when your boss gets you 4-5* talent everywhere
Posted on 11/28/17 at 4:08 pm to Gatorbait2008
But what about Chip’s contract details
Posted on 11/28/17 at 4:09 pm to fibonaccisquared
Currently, UGA spending 4.71 on only 9 coaches... the figures in those contracts are based on 10. Seems like it's about in line, since if I were to average out those guys and add one more at the average value, would be at 5.2ish... though I anticipate several of these guys getting substantial raises (ahem... Dell McGee) if they are with us next season.
quote:
Tucker - 900k (50k raise this year)
Chaney - 850k
Pittman - 660k (10k raise this year)
Coley - 600k
Scott - 400k (interesting)
Sherrer - 375k
McGee - 350k (75k raise this year)
Beamer - 300k
Schumann - 275k (25k raise this year)
*raise figures were received for this year, not accounting for 2018
Posted on 11/28/17 at 4:09 pm to Gatorbait2008
That is a pretty rich deal. For someone who could have had Gundy for similar money, I think you made the wrong hire.
Posted on 11/28/17 at 4:10 pm to Gatorbait2008
Damn nice contract!
Posted on 11/28/17 at 4:12 pm to NYCAuburn
quote:
it's stupid money for him, but that's how it is going with the current SEC money
Yeah... I mean, if the 8.4 number to Gundy is real, wtf is Saban going to ask for at the end of this year... or Gus if he manages to run the damn table... or Kirby if he wins in Atlanta. There are some guys with legitimate reason to get this kind of money that aren't currently (Gus and Kirby are at 3.875 and 3.75 respectively I believe?).
Posted on 11/28/17 at 4:12 pm to Gatorbait2008
quote:
Last time he was here no one was better offensively in the conference for his four years. So seems he knows how to succeed at Florida.
Teeeeeboooow.
That being said, if he can steal Fields from UGA, he'll probably win the NC in a couple of years.
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