Jeff Brohm was formally introduced as the new leader of his alma mater yesterday at his introductory presser.
The former Purdue head coach signed a six-year deal worth $36 million with some interesting incentives and a rather simple buyout.
If he wins seven games at any point during those six years, the deal becomes a seven-year deal worth $42.5 million.
If he were to win 10-games it would become an eight-year $49.5 million deal.
Per his contract, Brohm will have a salary pool of $5.5 million to hire his 10 assistants, DFO and head strength coach.
Brohm's buyout is simple. He would owe $1 million to Louisville if he resigns at any point of the contract, and he would be owed 100% of his remaining contract if he were terminated without cause.
Other noteworthy incentives include:
-$50k for Conference or National Coach of the Year honors from a major publication
-$100k for participating in the ACC title game
-$250k for winning ACC Championship
-$100k for 6 wins / bowl eligibility
-$250k for participating in the college football playoff
-$400k for a top 4 seed in the College Football Playoff
-$500k for playing for the national title
-$750k for winning the national title
See additional details of the contract below.
JUST IN:
โ Griffin Gonzalez (@grifgonzo) December 8, 2022
Jeff Brohm officially approved as the new head coach of the University of Louisville.
Term sheet is below: pic.twitter.com/VXs9gBl7l4