CHARLESTON, W.Va. (AP) -West Virginia coach Rich Rodriguez has signed a contract extension that makes hefty retirement contributions and commitments for millions of dollars in facility improvements.
The signing in late August extends his contract one year through the 2013 season and includes more than $1.4 million in compensation and benefits annually. It comes eight months after he turned down a lucrative offer from Alabama and agreed to return for his seventh season in Morgantown.
The reason for the signing delay wasn't released, although Rodriguez had been seeking solid commitments from the university for facility improvements. University officials have said Rodriguez's attorneys had been reviewing the contract, a copy of which was obtained by The Associated Press on Thursday.
The contract now includes a $150,000 base salary, along with $250,000 in guaranteed supplemental compensation with increases of $50,000 each year. He also gets $350,000 in additional income if it's not earned through university-approved endorsements.
The contract replaces a clause that would have allowed him to collect $600,000 in deferred compensation in December 2011 if he remained as coach. Instead, he'll receive a $150,000 bonus on June 1 of each contract year.
Also, the university will make seven $550,000 annual payments into a retirement account and he'll be eligible for an additional $2.4 million in retirement benefits if he remains WVU's coach through the term of the contract.
Rodriguez's buyout clause doubles from the old contract to $4 million if he leaves before August 2008. The amount decreases to $2 million between August 2008 and September 2011 and to $1 million after that.
The contract includes a $2.2 million study center and $4 million in locker room renovations, which include a redesign and expansion. The commitments are contingent on private fundraising and were sought by Rodriguez.
Also, his assistant coaches will get a one-time $100,000 boost in their salary pool from the university, along with a $50,000 annual payment through the end of Rodriguez's contract.
Rodriguez, agent Mike Brown and athletic director Ed Pastilong didn't immediately return telephone messages Thursday.
A contract signed by Rodriguez a year ago paid him $1 million with $50,000 annual raises.
In December, he turned down a reported $12 million, six-year offer from Alabama, which eventually hired the Miami Dolphins' Nick Saban.

NCAAF Headlines

More inNCAAF News  

NCAAF Top Stories

Thumbnail Stanford vs. Washington Prediction Pac-12 rivals meet tonight when Stanford hosts Washington at 9:00PM ET. Will the Huskies cover as a small favorite?
Thumbnail Utah vs. Cal Pick Is the over a safe bet when Utah and Cal square off at 6:00PM ET on Saturday evening?
Thumbnail Toledo vs. BYU Prediction Can BYU keep Toledo limited on offense when the two teams meet tonight at 10:15PM ET?
Thumbnail Louisville vs. Clemson Pick Will Louisville and Clemson score enough points to push the total over for bettors at 8:00PM ET on Saturday night?
Thumbnail Kentucky vs. Alabama Pick Can Kentucky hang with Alabama on Saturday night or will the Wildcats get blown out as a massive underdog?
More inNCAAF Articles  

NCAAF Team Pages

Advertisement