The University released its contract with new Oregon football head coach Mark Helfrich on Sunday, illustrating the base pay for the first-year head coach and explaining all fringe benefits and performance incentives applicable over the life of the contract.
Helfrich will earn $1.8 million in each of the five years stipulated, making him the seventh highest-paid coach in the Pac-12 after Arizona State’s Todd Graham ($3 million), Washington’s Steve Sarkisian ($2.425 million), USC’s Lane Kiffin ($2.4 million), Washington State’s Mike Leach ($2.25 million) and UCLA’s Jim Mora and Utah’s Kyle Whittingham ($2 million each). Before leaving for Philadelphia, Chip Kelly was making $3.5 million in salary, tops in the conference.
Like Kelly, Helfrich will also earn fringe benefits, such as two courtesy cars and a membership to the Eugene Country Club. Perhaps the biggest opportunity for Helfrich to make bonus money is through performance incentives. Per the contract:
National Championship Game: $150,000
Playoff/Final Four: $125,000
Rose Bowl/BCS At-Large Bowl: $100,000
NON-BCS Bowl: $50,000
Other Performance Incentives:
Win National Championship: $250,000
Win Pac-12 Championship: $100,000
Win Pac-12 North Division: $50,000
AP National Coach of the Year: $25,000
Final AP Ranking 1-10: $60,000
12 Wins in Regular Season: $200,000
Further incentives include a GPA payment. If the Ducks, as a team, earn a 3.00 GPA or higher, Helfrich earns another $100,000.
Should Helfrich go the route of Kelly and terminate the contract for a coaching opportunity somewhere else (or for any other reason), Helfrich’s buyout — the amount he will owe the University — will decrease each year, starting at $3 million.
Meanwhile, sources are reporting Kelly’s new deal in Philadelphia is worth $32.5 million over the same five-year span.