USA TODAY Sports looks at the 10 highest-paid coaches in college football.
USA TODAY Sports
A college football coaching deal affecting South Florida and Texas likely will bring satisfaction to school officials from at least UCLA, Virginia and Georgia.
On Tuesday, when South Florida released the basic employment terms it has reached with new football coach Charlie Strong, there was no missing the impact of the buyout Strong is due to receive from Texas after his firing there roughly three weeks ago. It’s an impact that UCLA, Virginia and Georgia recently have taken steps to try to avoid.
Under Strong’s terms with Texas, he is to be paid what had been his 2016 base salary — $5.2 million a year — on a monthly basis through the contract’s original termination date of Jan. 23, 2019. However, Strong was obligated to make reasonable effort to find another job, and if he did, Texas would be allowed to offset what it owes him by an amount equal to 50% of the “total compensation” Strong would get from his new employer.
The deal between Strong and South Florida is for five years and a basic compensation total of $9.8 million, not including the value of perks, benefits and potential bonuses.
But the basic compensation isn’t being paid out evenly. Far from it.
With contract years beginning Jan. 1, Strong is set to receive $1 million in 2017 and $1 million in 2018.
The amount jumps to $2.5 million in 2019, basically coinciding with the scheduled end of Strong’s payments from Texas, then goes to $2.6 million and $2.7 million for the last two years.
This same type of setup is being used with Strong’s budget for assistant coaches at South Florida.
Nearly all of Strong’s assistant coaches at Texas have been working under contracts that were to expire Jan. 31, 2018 or Jan. 31, 2019, and they…