Mike Bobo was named Head Football Coach of Colorado State University in 2014. Prior to this Bobo spent 14 years with the University of Georgia Football Team, where he previously served as Offensive Coordinator. In 2001, Bobo was working with the University of Georgia Football Program as Quarterbacks Coach. Prior to this he served one season as Assistant Coach at Jacksonville State in 2000.
Coach Mike Bobo - Contract Details
Average Annual Salary:
Length of Contract:
60 Months and 8 Days
Highest Possible Performance Bonus:
One Time Relocation Bonus: $27,500
Highest Possible Academic Bonus:
Instead of Academic Bonus, the Sports Bonus is dependent on the Acdemic Performance of the Team
Advance written notice + Not between July 1 and last regular season game unless good cause + If goes to coach another college team or an NFL team, up to $5,000,000 depending upon the year of Resignation
Upto $5,000,000 depending upon the year of Termination
2 Vehicle or Vehicle Stipend+Family Travel to Program Events+Golf Club Membership+Social Club Membership+Standard Employee Benefit
In the event that either party terminates this Agreement without cause, the University and Coach agree not to make any public statement that disparages the other, or which reflects negatively upon, either the Coach or the University, including its board members, officers, staff and employees. The Coach also agrees not to contact or communicate with any individuals, identified by the President, in a way that would harm or interfere with University business. In addition, Coach and the University agree that compliance with this nondisparagement and non-interference obligations are a condition of receiving the Golden Parachute amount. If the Coach fails to comply with the conditions set, then the University's obligation to pay Golden Parachute Amount shall cease immediately and permanently and the University shall be entitled to seek a reimbursement of any such payments that were made to the Coach prior to any such violation. Similarly, if the University fails to comply with its non-disparagement obligation, then Coach's obligation to pay Buy-Out Amount shall cease immediately and permanently and the Coach shall be entitled to seek a reimbursement of any amount provided to the University prior to such violation.
Coaching ContractView Mike Bobo