Coaching Background:
Related Content:
Coach: Michael Locksley
School: University of Maryland
Conference: Big Ten
Coach Michael Locksley (Maryland) - Contract Details
Average Annual Salary:
$500,000
Length of Contract:
5 Years
Highest Possible Performance Bonus:
$775,000
Other Bonus:
$2 million for media appearances; Between 9/27/20-6/30/21 each annual supplemental income payment shall be reduced by $71,666.67
Academic Responsibility:
Y
Highest Possible Academic Bonus:
$0
Behavior Responsibility:
Yes
Buyout Clause:
65% of guaranteed compensation during term of original contract, 45% of guaranteed compensation should contract be extended through 2024
Golden Parachute:
65% of guaranteed compensation from date of termination through end of contract at regular payroll intervals. No mitigation obligation
Perks:
$30,000 in moving expenses; 1 football suite in Maryland Stadium; 24 season tickets for home football games; 24 tickets for each away game; 4 season tickets for home men's and women's basketball games; 24 tickets to post-season football competitions; 2 VIP parking passes for Maryland Stadium and 1 VIP parking pass for other sports where applicable; reimbursement of household moving expenses up to $30,000 and 30 days temporary housing costs; monthly car allowance of $1,500; Coach's family can travel to away games as part of University travel party at no additional cost; cell phone
Unique Clause:
N/A
Contract Rank
52
Coaching Contract
View Michael Locksley (Maryland)Contract PDF