LSU Athletics Turns $12M Profit In '15-16 Sources: BC Wasn't Going To Renew Bates' Contract Kentucky Increases Price For Football Season Tickets Florida AD Stricklin Puts Twitter To Good Use Schools Increasingly Rely On Private Plane Use Boston College AD Bates Resigns To Take CSA Job Memphis Basketball Beating Attendance Projections Arizona State Earns Record Revenue For FY '16 Ohio State AD Smith Talks New CFP Role Auburn Makes $15M Profit In FY '16
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).