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The University of Minnesota officially announced Friday that football coach Jerry Kill was given a one year contract extension and a $300,000 raise per season for the rest of the contract. That raise will bring Kill's annual salary to $2.5 Million, good enough for 8th in the Big Ten.
*** EDITED WITH EXACT CONTRACT DETAILS***
Kill's raise is in his "supplemental compensation" on top of his base salary of $600,000. This supplemental compensation is given to Kill "in recognition of Coach's' efforts on behalf of the University for media, fundraising, community involvement, and endorsements of apparel and shoes".
In addition, Kill's top nine assistants will now split a total compensation pool of $3,053,073 , which is an increase of $175,000. The clause still remains that beginning on July 1, 2016 the University will provide a assistant coach compensation pool that will be in the top 6 in the Big Ten. His support staff will also receive a raise to their compensation pool of $125,000.
Additionally, the buyouts of Kill's contract are as follows:
If Kill leaves before February 15, 2016--$2,400,000
If Kill leaves between February 16, 2016 and February 15, 2017--$1,800,000
If Kill leaves between February 16, 2017 and February 15, 2018--$1,200,000
If KIll leaves between February 16, 2018 and February 15, 2019--$600,000
Joe Christensen has a few additional details:
Kill will make $2.5 million in 2015, then $2.6m, $2.7m, $2.8m and $2.9m in 2019.
— JoeChristensen (@JoeCStrib) August 14, 2015
The raise is in Kill's annual supplemental compensation -- from $900K to $1.2. Base is $600K. Supp retirement goes up by $100K each year.
— JoeChristensen (@JoeCStrib) August 14, 2015
Talks had been occurring between Kill and the University since January after the Gophers made their first New Years Day Bowl game since 1962 with one of the major negotiating points for Kill being raises for his assistant coaches and support staff. This is the second time in a year and a half that Kill's contract has been reworked. In February of 2014, Kill added a line to his contract ensuring his nine top assistant coaches would be among the top six highest paid assistant coaching staffs in the Big Ten. Kill also received a raise of $900,000 at that point from $1.2 million in 2013 to $2.1 million last year. He was scheduled to make $2.2 million this season.
So Kill has now doubled his salary in the last 18 months. He still ranks 8th in salary of the 14 Big Ten coaches behind Urban Meyer of Ohio State, Jim Harbaugh of Michigan, Kirk Ferentz of Iowa, James Franklin of Penn State, Mark Dantonio of Michigan State, Mike Riley of Nebraska and Pat Fitzgerald of Northwestern.
Kill commented on his raise and the current situation in the athletic department after Friday's practice. "It makes you a lot more relaxed where you can coach," Kill said. "We’ve had a lot of different situations that we’re going through right now, but I have complete confidence in our president." "The way this thing’s spun, you’re all going, ‘What’s going on next?" "It’s important they (recruits) know the head football coach is going to be here; otherwise we’re going to lose recruits. We had to call them (recruits) and do some things. This should help."