Matt Campbell is guaranteed to make $360,000 in his first season as UT head coach with a chance to earn more. His salary is the same as what former coach Tim Beckman was paid last season.
The annual goals coach Matt Campbell established for University of Toledo's football team is to capture the Mid-American Conference title, win a bowl game, and achieve roughly a 3.0 grade-point average. If they succeed in all three, he'll be $170,000 richer.
Campbell and UT recently finalized a five-year contract, which The Blade obtained Wednesday through an open records request. As far as coaching agreements go, this one seems fairly standard. Campbell is guaranteed to make $360,000 in his first season -- $235,000 in base salary and $125,000 in marketing income -- with various opportunities to rake in additional money if his team succeeds on the field and in the classroom. Campbell's base salary will increase by $10,000 every season, topping out at $275,000 in the final year of the deal in 2016. Should the Rockets reach all three objectives Campbell instituted, he'll pull in no less than $530,000. Additionally, he'll cash in if the team reaches various win thresholds in the regular season: seven ($7500), eight ($10,000), nine ($12,500), or 10 and 11 ($15,000).
Campbell will get $25,000 for a West division title -- shared or outright -- $15,000 for a MAC title game appearance and $30,000 more for winning, $20,000 for a bowl appearance and $30,000 more for winning. If UT scores the ultimate prize of participating in a BCS game, Campbell will bank $100,000.
"We're always pleased when contracts come to closure and we're really excited, obviously, that Matt's leading our Rockets," UT athletic director Mike O'Brien said.
Campbell's $235,000 base salary -- which O'Brien revealed in December -- is the same amount made in 2011 by previous coach Tim Beckman. Beckman's guaranteed pay ranked sixth most among MAC coaches.
Campbell's buyout is such that if UT dismisses him, he'll be owed for the remainder of the deal. If he bolts for another job in the next three years he'll owe UT $300,000. That buyout decreases by $100,000 in each of the final two years.
Campbell has access to a luxury vehicle and a country club membership.
Not overlooked in the incentives part of the contract is academic success. An Academic Progress Rate score of 925 or higher will bring Campbell $25,000. He will make an additional $25,000 if the APR score is greater than the average of MAC football teams. A 3.0 GPA combined with minimal defections should do the trick.
"We have high expectations for our student athletes," O'Brien said. "At the end of the day we expect them to graduate."
By comparison, UT men's basketball coach Tod Kowalczyk will make $340,000 in guaranteed pay next season, or $20,000 less than Campbell. Women's coach Tricia Cullop will make $223,600.
HONORARY COACHES: Campbell took to Twitter on Wednesday to reveal the names of five guest coaches for the spring game April 13. They are former UT greats Andrew Hawkins, Barry Church, Michael Schaefer, Gene Swick, and Christian Hopkins. Campbell announced a new name roughly once an hour beginning at about noon.
Contact Ryan Autullo at: firstname.lastname@example.org, 419-724-6160 or on Twitter @RyanAutullo.