JBryant12
02-19-2005, 05:01 AM
Tuberville signs contract with Auburn
Associated Press
Posted: 1 day ago
AUBURN, Ala. (AP) - Auburn coach Tommy Tuberville has signed a new seven-year contract that will pay him $2 million this year and increase by $200,000 each successive year.
Tuberville and the school agreed in principle to the deal in December, about a week before the Tigers completed a 13-0 season with a 16-13 victory over Virginia Tech in the Sugar Bowl.
The contract announced Thursday by the school will pay Tuberville a base salary of $210,000, with the remainder coming from endorsements and radio and television deals. Tuberville's previous package was worth $1.5 million.
Auburn's buyout and Tuberville's penalty for leaving is $7 million for the first two years of the contract, $6 million for 2007-08, $5 million for 2009, $4 million for 2010 and $3 million for 2011.
The contract also has incentives: $50,000 for 10 victories or more, $100,000 for an undefeated regular season, $100,000 for playing in the Southeastern Conference championship game, $150,000 for winning the SEC championship and $300,000 for winning a national title.
There are also incentives for achieving the NCAA's academic success rate and for graduation rates.
Tuberville is 51-24 in six seasons at Auburn. Last season, he led the No. 2 Tigers to the most wins in school history.
Associated Press
Posted: 1 day ago
AUBURN, Ala. (AP) - Auburn coach Tommy Tuberville has signed a new seven-year contract that will pay him $2 million this year and increase by $200,000 each successive year.
Tuberville and the school agreed in principle to the deal in December, about a week before the Tigers completed a 13-0 season with a 16-13 victory over Virginia Tech in the Sugar Bowl.
The contract announced Thursday by the school will pay Tuberville a base salary of $210,000, with the remainder coming from endorsements and radio and television deals. Tuberville's previous package was worth $1.5 million.
Auburn's buyout and Tuberville's penalty for leaving is $7 million for the first two years of the contract, $6 million for 2007-08, $5 million for 2009, $4 million for 2010 and $3 million for 2011.
The contract also has incentives: $50,000 for 10 victories or more, $100,000 for an undefeated regular season, $100,000 for playing in the Southeastern Conference championship game, $150,000 for winning the SEC championship and $300,000 for winning a national title.
There are also incentives for achieving the NCAA's academic success rate and for graduation rates.
Tuberville is 51-24 in six seasons at Auburn. Last season, he led the No. 2 Tigers to the most wins in school history.