|Thomas' deal with FIU: 5 years, $1.29 million|
|Written by Admin|
|Thursday, 23 April 2009 07:39|
That figure doesn't include incentives and variable compensation that the former New York Knicks coach and president could receive, such as a cut of concession sales at home games and bonuses for championships and strong academic achievement by his team.
A copy of Thomas' deal was released to The Associated Press on Thursday.
Thomas will not take a salary in his first year at the school, but is entitled to reimbursement for temporary housing costs. His base salary will range from $250,000 in the second year through $350,000 in the fifth year, and if he completes five seasons, he'll receive a $100,000 bonus.