By Brian Murphy
bmurphy@idahostatesman.com
The State Board of Education approved a new 5-year contract for Idaho basketball coach Don Verlin.
The annual base pay for Verlin:
2010-11: $132,808
2011-12: $140,816
2012-13: $148,824
2013-14: $156,832
2014-15: $164,840
Verlin will also receive $60,000 annually from media payments.
The deal contains a normal array of bonuses for victories, rankings, coach of the year awards and academic progress.
But the new contract also includes additional pay for gate receipts on home games and for road game guarantees.
"Each year gate receipts for men’s basketball exceed $35,000," Verlin "... shall receive supplemental compensation of 20% of the gate receipts that exceed $35,000 and 25% of the gate receipts that exceed $50,000."
In addition, the contract includes extra revenue — and incentive — for Verlin to play big-money road games.
From the contract: "(F)rom the gross revenue paid to the University by all non-conference opponents during the regular competitive season, the University will deduct a base amount of $65,000, and will further deduct any game guarantees (including travel, hotel or other support provided to an opponent) paid out to non-conference opponents during the
same regular competitive season. The remaining balance shall be
the Net Game Guarantee paid to Coach."
The contract also directs Verlin to schedule at least one non-conference game each season that will generate a net revenue to Idaho of at least $65,000. Boise State, for example, was paid $80,000 for its road game at Illinois last season.
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