February 10, 2017 07:16 PM
The University of Minnesota's Board of Regents approved head football coach P.J. Fleck's new contract on Friday.
Regent Abdul Omari was the lone dissenting vote.
The move comes one day after one regent raised concerns over where portions of the money would come from.
The details of Fleck's five-year, $18 million contract were released on Thursday.
The first page of the contract emphasizes Fleck's main duty in regard to his players is that he must make an "effort to develop their character."
Outside of overall guaranteed compensation, there are key differences between Fleck’s contract and that of Claeys', who was fired in early January.
All the perks are the same for Claeys and Fleck, including a suite for all football games, 20 tickets to a bowl game, six season tickets to men’s basketball and four season tickets to men’s hockey.
New to Fleck’s contract: The coach is responsible for first $100,000 of tax liability. The university will reimburse coach for a maximum of $500,000 of tax liability, while the coach is responsible for the rest
Fleck's right to terminate without cause:
Claeys' contract covered half his base salary, $1.3M or $500,000, depending on the timing.
If Fleck terminates the contract, he owes the university $1 million; Claeys owed half the remaining base salary.
Fleck’s contract is subject to approval by the Board of Regents and passing a background check. Claeys’ contract did not have that.
The incentives in Fleck’s contract are also different:
Academic performance incentives:
While Claeys' had a team GPA incentive bonus, Fleck's does not.
Updated: February 10, 2017 07:16 PM
Created: February 09, 2017 02:27 PM
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