CSNbbs

Ten days ago, Ohio University football coach Frank Solich received a contract extension that would guarantee the coach an annual salary of $400,000 through 2013. A copy of the contract obtained by The Athens NEWS via a public records request reveals the highest-paid employee at the university has the opportunity to pick up bonuses, with success and longevity as the variables.

Much like the initial contract in which Solich could have earned an additional $190,000 per season, specific bonuses based on coaching or team success are a part of the addendum. Solich will earn $25,000 if the Bobcats end the season ranked in the Top 25 of a national poll, $25,000 if he is named the National Coach of the Year, and $10,000 if he is named the Mid-American Conference Coach of the Year. Additionally, Solich will make $5,000 each if Ohio wins seven, eight or nine games, and $10,000 each if the ‘Cats collect 10, 11 or 12 wins in any particular season.

New to the adjusted contract is a $275,000 retention bonus Solich could earn if he were to stay with the school all five seasons. A pro-rated share of the bonus would be given to Solich if the contract were to be terminated early, essentially guaranteeing $55,000 for every season Solich stays at the school through 2013.

http://www.athensnews.com/news/sports/20...oops-news/

Frank Solich contract extension to 2013

Annual Salary 330,000
TV Compensation 70,000
Retention Bonus Pro Rated 55,000
Additional Privileges 10,000
Guaranteed Compensation 465,000


BCS Game Bonus (100,000)
+10% Base for Bowl Win (33,000)
+10% Base for MACC Win (33,000)
+5% Base for MAC East Title (16,500)

+10% Base for 86% Graduation Rate (33,000)
+5% Base for 75% Graduation Rate (16,500)

Finish in the top 25 of a major poll (25,000)
National Coach of the Year (25,000)
MAC Coach of the Year (10,000)

7 wins (5,000)
8 wins (10,000)
9 wins (15,000)
10 wins (25,000)
11 wins (35,000)
12 wins (45,000)

2008 Bonus Maximum 320,500
2008 Total Compensation Maximum 785,500


Total Compensation Maximum by Year (3.5% Base Salary Increase)

2008 785,500
2009 801,093
2010 817,231
2011 833,934
2012 851,221
2013 869,114

The initial report was that there was going to be additional money to protect the university.

That really wasn't the case as it was was a reset of the initial buyout clause in his first contract.

Frank was the one who picked up the protection money.

Wow, I did not know Solich was signed through 2013, thanks for keeping us updated with the breaking news!

Polish Hammer Wrote:Wow, I did not know Solich was signed through 2013, thanks for keeping us updated with the breaking news!

I laughed.

were there any details relating to how Solich enjoys his sandwiches?

Shaken, not stirred.











Oh, usually lightly toasted with plenty of Ohio River Tomatoes!