Someone posted a question wanting to know what kind of bonus structure Pelini would get. Here it is:
Base Salary: $1,100,000
Win Big 12 North: $150,000
Win Big 12 Championship: $250,000
Make the BCS Title Game: $150,000
Win BCS Title Game: $250,000
Win the National Championship: $800,000
There are also some academic based bonues. If the football team obtains a certain graduation rate he will get $125,000. For a certain Academic Performance Rating he will get between $25,000 and $125,000.
The key differences between Pelini and Callahan’s contract is that Callahan got $1,750,000. Callahan’s contract did not contain any academic based bonuses. In addition to that, Pelini would have to pay Nebraska money if he resigns to take another position, starting at $1 million before December 31, 2008, and decreasing by $250,000 each of the next three years. Callahan’s contract did not have a buyout.
I heard that Pelini negotiated his contract without an agent. I am not sure if that is true or not but if it is I just gained a lot more respect for the man which I already had a great deal of respect for. I keep saying this over and over but I think Husker Nation is very lucky to have him.