10:04 pm | September 17, 2018 | Go to Source | Author: Robbie Andreu
Florida coach Dan Mullen’s six-year, $36.6-million contract has been finalized with the school.
The contract was released by the University Athletic Association on Monday per a records request.
Mullen will be making an annual salary of $6,103,000.
His base annual salary is $3 million. He receives an additional $3.1 million a year for media and public relations responsibilities and other expenses.
Terms of the contract we agreed on in late November last year.
Mullen’s contract includes a $12-million buyout the UAA will be responsible for if Mullen is fired without cause. Mullen would be owed 50 percent of the buyout within 30 days of termination. The remaining would be owed over the next six years.
Mullen has a $2 million buyout to the school if he chooses to leave before the end of the contract.
Mullen’s contract also includes numerous performance bonuses:
(Max bonus in a given year is $925,000)
$400,000 – College Football Playoff champion
$300,000 – College Football Playoff runner-up
$250,000 – College Football Playoff semifinalist
$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
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