WVU Looking For Luck's Replacement Pitt Fires AD Steve Pederson Lochmann's Resignation Comes Amid UM Staff Shakeup Fired Pelini Slammed Nebraska AD Eichorst Hollis Concerned By Booze-Heavy Gamedays FAU Continues Big Bet On Football College Football Attendance Down In '14 Move March Madess To Help Regular Season Crowds? Nevada Cuts Costs To Profit From Bowls NMSU AD Discusses Transitioning Into New Job
HOLTZ EVERYTHING: NEW GAMECOCKS COACH IS GUARANTEED $600K
Published December 16, 1998
Terms of Lou Holtz's new contract at the Univ. of SC (USC) "guarantees him at least" $600,000 annually, which includes a base salary of $150,000, an additional $350,000 from his radio and TV shows and "at least" $100,000 from his shoe contract, according to Bob Lang of the CHARLESTON POST & COURIER. Holtz will also receive the use of two cars and memberships to a number of clubs, including the University Club Golf Course. The USC athletic department will also pay the premiums for Holtz on a $600,000 life insurance policy and a $97,500 disability policy. The coach will also earn a bonus of $25,000 if the team goes to a bowl game, $50,000 for an SEC Championship and $75,000 for a national championship. The contract, which expires on December 31, 2003, allows either side to terminate the deal "at any time, with or without cause" (CHARLESTON POST & COURIER, 12/15).