Coaching Background:
Related Content:
Coach: Walt Bell
School: University of Massachusetts Amherst
Conference: Mid-American
Coach Walt Bell (Massachusetts) - Contract Details
Average Annual Salary:
$354,167 (salary reduced to $337,500 in 2020)
Length of Contract:
5 Years
Highest Possible Performance Bonus:
$710,000 + $25,000 per win against BYU, Notre Dame, or any current Power 5 Conference Member School.(None issued during FY 2021)
Other Bonus:
$225,000 per year in lieu of insurance premiums Retention Bonus - $25,000/year from 2020-2023
Academic Responsibility:
Yes
Highest Possible Academic Bonus:
$55,000 (None issued during FY 2021)
Behavior Responsibility:
Yes
Buyout Clause:
If Terminated: December 3, 2018 - December 2, 2020 - $1,500,000 December 3, 2020 - December 2, 2021 - $1,000,000 December 3, 2021 - December 2, 2022 - $750,000 December 3, 2022 - December 2, 2023 - $500,000
Golden Parachute:
If Terminated: On or prior to December 2, 2019 - 100% of the remaining value of total compensation in Year 1 plus 100% of total compensation for Years 2 - 5 equally $2,500,000 December 3, 2019 - December 2, 2020 - 100% of the remaining value of total compensation in Year 2 plus 100% of total compensation for Year 3 and 75% of total compensation for Years 4 & 5 equalling $1,562,500 December 3, 2020 - December 2, 2021 - 100% of the remaining value of total compensation in Year 3 and 75% of total compensation for Years 4 & 5 equalling $937,500 December 3, 2021 - December 2, 2022 - 100% of the remaining value of total compensation in Year 4 and 75% of total compensation for Year 5 equalling $468,750 December 3, 2022 - December 2, 2023 - 75% of the remaining value of total compensation
Perks:
Housing allowance of $9000, $25,000 moving expense, 16 tickets to each home football game, country club membership, 1 courtesy car or $1000/month, $10,000/year Adidas promotional credit, spousal travel, Can conduct outside sports camps but must pay University 5% of gross revenues
Unique Clause:
Must maintain public liability insurance for Sexual molestation/Abuse and athletic injury coverage
Contract Rank
86
Coaching Contract
View Walt Bell (Massachusetts)Contract PDF
BELL AMENDMENT No 2_Redacted