Wednesday, September 18, 2013

University of Arkansas releases Bret Bielema contract: $3.2 million a year plus many benefits and a $12.8 million buyout

Posted By on Wed, Sep 18, 2013 at 1:13 PM

click to enlarge HIGH ON THE HOGS: Coach Bret Bielema, with his wife Jen, ought to be able to scrape by in Fayetteville on $3 million a year-plus in pay and perks.
  • HIGH ON THE HOGS: Coach Bret Bielema, with his wife Jen, ought to be able to scrape by in Fayetteville on $3 million a year-plus in pay and perks.

The University of Arkansas Athletic Department today released the school's contract with head football coach Bret Bielema.

Some of the broader points were listed when he was hired, but the final details were subject to additional work.

You can read it all here.

It's a complicated document. Key points: a $2.95 million annual salary, payable by public and Razorback Foundation money, plus, Lance Turner of Arkansas Business calls to my attention, an additional $250,000 from the Razorback Foundation for speaking fees, for a total of $3.2 million. But that ain't all. The university will provide health insurance, disability insurance, contributions to the university retirement plan, tuition reductions, travel allowances, two loaner cars, two country club memberships (Blessings and Fayetteville, if available), the ability to make money off a summer football camp on campus, a 12-seat skybox, 20 tickets to Razorback home games and permission to earn outside income from endorsements, consulting and the like.

The contract also provides a variety of incentives — $350,000 for a national championship, for example. There are incentives, too, for academic performance and graduation rate by players, up to $100,000 in each category.

He can be fired for cause. The contract contains a lengthy list of reasons both specific and a general "character" clause. But if the UA just wants him gone, it will have to pay a heavy buyout price in the early going — $12.8 million in 2013, 2014 and 2015. The figure drops to $9.6 million in 2016, then $6.4 million and then $3.2 million. If all goes well, custom has it that such contracts are renegotiated and rolled over before they expire.

I joshed to Kevin Trainor, top spokeman in athletics, that I was surprised the contract was being released. I've written this week about Chancellor David Gearhart's invocation of "competitive disadvantage" in refusing to reveal how much the UA paid Southern Mississippi to be a sacrificial lamb in Fayetteville last week. Sufferin' Mississippi happily released the $975,000 figure to the Memphis newspaper. I'm surprised A.D. Jeff Long didn't direct Gearhart to claim similar secrecy on Bielema's contract. Doesn't public knowledge make it hard to negotiate and give competitors info to steal him away?

Tags: , , , , ,

Favorite

Speaking of...

Comments (11)

Showing 1-11 of 11

Add a comment

 
Subscribe to this thread:
Showing 1-11 of 11

Add a comment

More by Max Brantley

  • The debate eve open line

    The Sunday open lines includes some rumination, not happy, about tomorrow night's presidential debate.
    • Sep 25, 2016
  • Ethics Commission begins investigation of Rep. Mike Holcomb

    The state Ethics Commission last week informed a complainant she'd raised sufficient questions about campaign finance filings by Republican Rep. Mike Holcomb to initiate an investigation.
    • Sep 25, 2016
  • Drug companies fight medical marijuana

    Disclosure about financing of the anti-medical marijuana campaign in Arkansas is so far lacking, but it's no secret what's happened in other states — pharmaceutical companies have worked to defeat medical marijuana laws because they create (safer) competition.
    • Sep 25, 2016
  • More »

Readers also liked…

People who saved…

Most Shared

  • Who's harming women?

    Attorney General Leslie Rutledge is an Arkansas Republican. Thus, like the governor and the Republican-majority legislature, she intends to do everything she can to deny women comprehensive medical care, particularly abortion.
  • New normal

    No two presidential candidates since polling began have run up negatives as massive as those of Donald Trump and Hillary Clinton, who yet won their parties' nominations easily. "What gives?" may be the biggest political mystery in history.
  • Additional rape charges filed against Conway doctor

    Special Prosecutor Jason Barrett has added 11 more victims to two others alleging rape by Dr. Robert Rook of Conway.
  • Big Dam Bridge 100 brings big damn complaint about celebrity rider Hincapie

    The Big Dam Bridge 100 is this weekend and one dedicated biker isn't happy about a celebrity rider, admitted doper George Hincapie.

Most Viewed

  • The debate eve open line

    The Sunday open lines includes some rumination, not happy, about tomorrow night's presidential debate.
  • Drug companies fight medical marijuana

    Disclosure about financing of the anti-medical marijuana campaign in Arkansas is so far lacking, but it's no secret what's happened in other states — pharmaceutical companies have worked to defeat medical marijuana laws because they create (safer) competition.

Most Recent Comments

  • Re: The debate eve open line

    • RC, the quote was from "2010: The Year We Make Contact" but that's neither here…

    • on September 26, 2016
  • Re: The boys on the tracks are back

    • I Basically think we all don't have to face all these deceit and lies from…

    • on September 25, 2016
  • Re: The debate eve open line

    • Olphart - i miss PanAm. I had a reservation for the PanAm moon shuttle from…

    • on September 25, 2016

Blogroll

 

© 2016 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation