New University of Arizona basketball coach Sean Miller’s five-year contract will pay him $2 million annually, but UA will try to extend his deal at the end of two years.
Miller also will receive a $1 million signing bonus.
He could receive up to an additional $985,000 per year if he reaches a series of incentives, including the NCAA title.
How his contract breaks down:
Salary
• Annual base salary, funded by the UA athletic department: $1.6 million
• Annual outside income (paid by NIKE and IMG): $400,000
Total per year: $2 million
• Signing bonus: $1 million
Note: If Miller remains as UA coach for seven years, he receives a one-time payment of $2.1 million
Pac-10 incentives
Miller will receive additional money if he reaches these incentives:
• Pac-10 regular season championship: $50,000
• Pac-10 Tournament championship: $50,000
Maximum payout: $100,000
NCAA incentives
Miller will receive cumulative money if UA advances in the NCAA Tournament:
• Second round: $25,000
• Sweet 16: $50,000
• Elite Eight: $$50,000
• Final Four: $175,000
• Wins NCAA title: $375,000
Maximum payout: $675,000
Regular-season wins
(not cumulative)
• 20 wins: $20,000
• 25 wins: $40,000
Maximum payout: $40,000
Final NCAA rankings
(not cumulative)
• Finishes in Top 15: $20,000
• Finishes in Top 10: $30,000
Maximum payout: $30,000
Coach of the year
(not cumulative)
• Pac-10: $20,000
• Associated Press, NABC, Naismith: $40,000
Maximum payout: $40,000
Academic Achievement
(not cumulative)
• Academic Progress Rate (multi-year) exceeds 948: $25,000
• 1,000 multiyear APR: $50,000
Maximum payout: $50,000
• Graduation Success Rate exceeds 42 percent: $25,000
• 100 percent GSR: $50,000
Maximum payout: $50,000
Other perks
• Courtesy cars: 2
• Men’s basketball season tickets: 20
• Football season tickets: 8
• Softball, baseball, volleyball season passes: 4 per sport
• Country club privileges: 1
• Private jet hours annually: 30
• People to men’s basketball post-season events, including tickets, hotel and air travel on UA-chartered or commercial flights: 15
Buyout clauses
• If Miller leaves for any reason prior to end of fifth season: $500,000
• Liquidated damages for early no-cause termination: 50 percent of the university funded compensations (excluding outside income) from termination date to end of contract
• UA responsible for Xavier’s contracted buyout of coach: not to exceed $400,000