This form is a generic example of a contract between a College and an assistant coach of one of the College's intercollegiate sports teams. It covers such provisions as:
" Employment Duties;
" Term and Renewal;
" Compensation (both regular and supplemental);
" Duties;
" Ground for Termination and Consequences of Termination
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While there may be base wages for college coaches, their wages are generally determined by their experience and win/loss record.
College football coaching salaries are funded by taxpayers in many different ways: student fees, alumni donations, and the revenue generated from ticket sales and television contracts.
In recent days, college football coaches have been handed some of the most lucrative contracts the sport has ever seen. Lincoln Riley was hired by USC with a contract speculated to be worth $110 million. Brian Kelly was hired by Louisiana State University on a 10-year contract reportedly worth $100 million.
Unlike the vast majority of player contracts, coaching contracts are effectively guaranteed. The firing team has to pay off the remaining years of the coach's contract. That obligation, however, comes with caveats. Teams must designate how they are terminating the coach's contract.
Many initial term contracts offer a 50-75% guarantee for the coach and a 25%-50% guarantee for the university.
Serious recruiting contact begins either June 15 after sophomore year or September 1 of junior year, depending on the sport and division level. Insider Tip: Athletes can always communicate with college coaches through their club or high school coach and send emails and texts to coaches.
The concept of dead money - paying a portion or full remainder of a fired or departed employee's contract - is pretty pervasive in major college sports. A study done by ESPN.com revealed that over $533 million was paid out to fired coaches in the last 11 years, from January 1, 2010 through January 31, 2021.
The Short or Fixed-length Coaching Client Engagement: Lengths usually are 3, 6 or 12 months. Almost never shorter than 3 months. The per-hour or per-month charge is generally much higher, $300+/hour; $500+ per month, or the charge may be for the entire period.
