Coaching Background:
Related Content:
Coach: Mike Houston
School: East Carolina University
Conference: American Athletic
Coach Mike Houston (East Carolina) - Contract Details
Average Annual Salary:
$500,000
Length of Contract:
5 Years
Highest Possible Performance Bonus:
600000 + $20,000 for each win over power 5 team + up to $50k for regular season wins
Other Bonus:
Broadcast program payments-$350k year 1, $385k year 2, $423,500 year 3, $465,850 year 4, and $512,435 year 5. Season ticket sales Payment: year 1-$225k, year 2- $247,500, year 3-$272,250, year 4-$299,475, and year 5-$329,422. Annual Fund Payment: year 1-$225k, year 2- $247,500, year 3-$272,250, year 4-$299,475, and year 5-$329,422. $5k signing bonus. Annual Retention Bonus-$125k before 12/2/21 and $275k before 2/2/23
Academic Responsibility:
Yes
Highest Possible Academic Bonus:
$100,000
Behavior Responsibility:
Yes
Buyout Clause:
Before 12/2/19-$2.5 million; before 12/2/20-$2 million; before 12/2/21-$1.5 million; before 12/2/22-$1 million; before 12/2/23-$500,000
Golden Parachute:
Remaining annual salary under the contract
Perks:
Vehicle; moving expenses up to $15,000; temporary housing up to $2,000 per month; 1 vehicle or annual allowance of $12,413; cell phone allowance of $130/month; country club membership;
Unique Clause:
$500,000 buyout payment to Coach's prior employer, James Madison University
Contract Rank
61
Coaching Contract
View Mike Houston (East Carolina)Contract PDF