Back in December, Cal head coach Justin Wilcox signed a contract extension that will pay out about $15.9 million over the next five years if he stays with the Bears through the 2023 season, according to information shared by Cal Bears Maven
The article points out that Wilcox earned $2.8 million total in 2018, and with the new 1-year extension, will be set to make $3.6 million in 2023. Even more impressive, if he were to hit his on-field and academic performance incentives he’d be set to make $4.5 million. That $4.5 million figure is between what Kirk Ferentz makes at Iowa ($4.7 million) and what Michigan State pays Mark Dantonio ($4.4 million).
Starting in 2020, Wilcox will make $3 million or more each season, including a $400,000 retention bonus in 2020 and $500,000 annually in retention bonuses in 2021, 2022, and 2023 if he remains with Cal.
From 2019-2023, Wilcox can earn the following for wins:
- 6 regular season wins – $25k
- 7 regular season wins – $125k
- 8 regular season wins – $200k
- 9 regular season wins – $275k
- 10 regular season wins – $350k
- 11 regular season wins – $425k
- 12 regular season wins – $500K
Wilcox can also earn some extra money by beating Stanford in the regular season ($25k), by beating a 6-win UCLA, USC, or Oregon team ($10k each), playing in the Pac-12 title game ($50k), an additional $50k for winning the Pac-12 title game, and participating in a New Years 6 Bowl game ($100k).
If Cal opts to fire Wilcox before the end of his deal, the school will have to pay him the entire amount of his remaining contract. If Wilcox chooses to leave before the end of the 2019 season, he’d owe $3.25 million, and that decreases each year to $1.5 million if he were to leave just prior to the end of the 2023 season.
Head here to read the full article, which includes a lot more details.