Hoke could make up to $3.25M a year at Michigan
ANN ARBOR, Mich. -- Brady Hoke became
Michigan's coach more than two months ago without asking how much money he would make.
His faith was rewarded.
Michigan athletic director Dave Brandon said Hoke will average $3.25 million in annual compensation if he fulfills the six-year contract he signed Monday.
"It's a big job with a lot of expectations and we feel very good about how much we're compensating him to help us reach those expectations," Brandon said in an interview with the Associated Press.
Brandon said Hoke will be paid $2 million this year and his base salary will increase by $100,000 each season. Hoke will earn a $1.5 million "stay bonus" after his third year and another $1.5 million "stay bonus" if he is still leading college football's winningest program in the sixth season of his contract.
Michigan fired Rich Rodriguez after last season with three years left on his six-year deal that paid him about $2.5 million per season.
Hoke has a chance to make more than Rodriguez, but he would need to have a lot of success and a new deal to catch up to Ohio State's Jim Tressel or Iowa's Kirk Ferentz.
"Brady's contract puts him in the top third of the Big Ten and that's where the Michigan football coach should be," Brandon said.
Cont'd ...