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Minnesota head coach P.J. Fleck signs 7-year extension

Updated: November 05, 2019 05:36 PM

The University of Minnesota and head coach P.J. Fleck have reached terms on a seven-year contract extension, the university announced Tuesday.

Click the video box on this page to watch P.J. Fleck and Gophers' Athletic Director Mark Coyle discuss the new contract

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The extension, if approved by the U of M Board of Regents, runs through the 2026 season.

Fleck's annual salary rises $1 million to $4.6 million annually with an additional pool of just over $1-million for assistants and staff

Fleck's buyout is $10 million in the first year and decreases thereafter.

The University's buyout is 65% of remaning salary at the time of termination.

"It is a tremendous honor to lead this team and represent the University of Minnesota and this great state," Fleck said in a statement. "Our family absolutely loves Minnesota, and we are excited to continue to call this state home. We are building a championship culture – one that our fans can be proud of – through the academic, athletic, social and spiritual development of our student athletes."

Fleck is in his third year as Minnesota's head coach. He has a 20-13 record, including an active 10-game winning streak.

Key points in P.J. Fleck's new 7-year contract:

TERM

  • 7-years, 2020-2026 seasons inclusive

SALARY (base salary plus supplemental compensation

  • Current: $3,600,000
  • 2020: $4,600,000
  • 2021: $4,650,000
  • 2022: $4,700,000
  • 2023: $4,750,000
  • 2024: $4,800,000
  • 2025: $4,850,000
  • 2026: $4,900,000

Plus, additional $1,050,000 pool for assistant coaches/staff in 2020, $1,250,000 in 2021.

BUYOUTS (Fleck option to terminate contract)

  • 2020: $10,000,000
  • 2021: $4,500,000
  • 2022: $3,000,000
  • 2023: $3,000,000
  • 2024: $3,000,000
  • 2025: $2,000,000
  • 2026: $2,000,000
  • 2027: None

BUYOUTS (University option to terminate contract)

  • 65% of remaining amount on contract

BONUSES / INCENTIVES

  • Winning Big Ten Championship: $150,000
  • Winning or tying Big Ten Division: $100,000
  • Being named National Coach of the Year by major outlet: $100,000
  • Being named Big Ten Coach of the Year by media/coaches poll: $50,000
  • Playing in National Championship Game: $300,000
  • Playing in College Football Play-Off Semifinal: $200,000
  • Playing in College Football Play-Off Bowl Game, but not Semifinal: $150,000
  • Playing in bowl game and being 1st or 2nd team in Big Ten standings not selected to Play-Off: $125,000
  • Participating in any bowl game not described above: $75,000
  • Winning bowl game vs ACC, SEC, Big 12 or Pac-12 opponent: $50,000
  • Team Academic Progress Rate (APR) 980 or above: $75,000
  • Team APR 970-979: $50,000
  • Team APR 960-969: $30,000
  • Graduation rate 85% or above: $75,000
  • Graduation rate 75%-84%: $50,000

PERKS

  • Use of University-owned car
  • Plane travel, lodging for wife and children to all road games (1 game/season for assistant coaches)
  • 60 hours private plane use for recruiting visits / other mutually agreed business 200+ miles from campus
  • Suite to football games, 20 tickets to any bowl game team plays in, plus various tickets to other campus sports
  • $49,000 allotment from Nike for staff
  • 12 days per year use of football facility to host camps

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