By Chadd Cripe
© 2011 Idaho Statesman
Boise State’s new athletic director, Mark Coyle, could be paid much more than his $325,000 annual salary over the next five years.
Coyle’s contract has been submitted to the State Board of Education for approval at Thursday’s meeting. His official start date is Jan. 1.
Coyle’s contract provisions include:
— $325,000 per year in salary.
— A $75,000, one-time payment on Feb. 3, 2012.
— A performance bonus based on the Broncos’ finish in the annual all-sports ranking, ranging from $5,000 to $15,000.
— A performance bonus based on the Broncos’ department-wide Academic Progress Rate, ranging from $10,000 to $25,000.
— A bowl bonus of $20,000, or $30,000 for a Bowl Championship Series game.
— Coyle’s buyout is $700,000 in the first three years and $350,000 in the fourth year. The buyout does not apply if President Bob Kustra leaves his post.
— After the first year, Coyle and Kustra will negotiate more incentives, with a $50,000 annual maximum.
— Coyle gets a $125,000 bonus if he completes the five-year contract.
— He gets a full-sized courtesy car and two country club memberships.
— State-appropriated funds will be used for $110,000 of the contract. The rest comes from athletic department revenue.
Coyle’s ousted predecessor, Gene Bleymaier, makes $266,115 per year. Boise State has to pay him through June 2013. Bleymaier had more bonuses in his contract than Coyle.