Friday Oct. 24, 2008
ANN ARBOR, Mich. (AP) -- Rich Rodriguez is finally under contract as Michigan's head coach. The six-year deal that he signed Friday is worth at least $2.5 million a year. The school had said in January those terms had been agreed upon when he left West Virginia in December for Michigan.
The contract calls for Rodriguez to receive a first-year base salary of $300,000 plus $1,650,000 per year for television and radio shows, apparel compensation and promotions. Rodriguez also will accrue benefits under a
deferred-compensation plan that will cost the university $550,000
He also would get an extra $300,000 for each national championship that he wins or $200,000 for his team getting to the Bowl Championship Series game. The Wolverines (2-5) host Michigan State (6-2) on Saturday.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.