For Kevin Sumlin, life is good
[dropcap]I[/dropcap]t’s a good time to be Kevin Sumlin.
Not only does his new contract, details of which were released last week, give him a raise to $3.1 million per season (up from $2 million last year) and an extension through the 2017 season, it comes with a bevy of additional perks including cars, free tickets and a country club membership.
Beginning April 1, 2013, Sumlin will receive $500,000 annually, plus an annual supplemental payment of $2,600,000.
The supplemental amount increases to $2,725,000 on April 1, 2015 and then decreases to $2,350,000 on April 1, 2017.
Sumlin can also receive $100,000 extra per year if the Academic Progress Rate meets NCAA benchmarks, some of which can be shared with his staff.
Other financial bonuses include:
- $100,000 for making the SEC championship game; $150,000 for winning the championship game
- $50,000 for appearance in a bowl game -or- $100,000 for appearance in Cotton Bowl, Chick-fil-A Bowl, Capital One Bowl or the Outback Bowl.
- $250,000 for appearance in non-national championship BCS bowl – or $300,000 for a win.
- $300,000 for appearance in national championship game or $400,000 for winning national championship game.
- $50,000 for being named SEC coach of the year
- $75,000 for being named national coach of the year.
Non-monetary perks include:
- The use of two vehicles through the A&M Athletic Department’s car program.
- A membership to one country club in Brazos County, Texas.
- His wife, Charlene, has travel paid for to all away football and bowl games and any “special events” at the invitation of A.D. Eric Hyman.
- 12 complimentary season football tickets and a parking pass at Kyle Field.
- Four complimentary men’s season basketball tickets and a parking pass.
- Use of the head football coach’s box at Kyle Field. If there is no head coach’s box, he’ll get a comparable replacement.
The news is also good for A&M assistants. Sumlin’s pool for staff was raised to $3.4 million, up from $2.7 million in 2012.
His buyout remains $2 million, with the amount reduced by $400,000 on March 31 every year.