Cal football coach Justin Wilcox’s latest contract extension spanning six seasons will net him a total of $28.5 million, excluding any performance bonuses, if he simply remains the Bears coach until the end of 2027.
That equates to $4.75 million per season, before any performance bonuses.
Wilcox declined an offer to coach Oregon, his alma mater, in the offseason and signed an extension Jan. 1 that would extend his tenure at Berkeley to 11 seasons.
Cal athletic director Jim Knowlton, in the video above, shares his reaction when he learned Wilcox had turned down an offer from the Ducks.
Cal Sports Report obtained copies of Wilcox’s new contract through a public records request to the university.
The contract is also notable because it includes an increase in Cal’s assistant coaches’ payroll. This pool, split between 10 assistants and the strength and conditioning coach, is now $4.6 million per year, with annual increases of 2%, a 19.5% increase from the original pool. of $3.85 million.
Wilcox will continue to receive a base salary of $275,000 per year, the only portion of his salary funded by taxpayers.
Here is his annual compensation, which comes from other sources of income and represents the largest part of his salary:
Wilcox’s previous contract ran until 2025. His annual salary increases for talent from 2022-25 are $450,000, $500,000, $800,000 and $850,000 — an average of $650,000 per year.
Wilcox will also receive an annual retention bonus, provided he remains the Bears coach until the end of the year. He can earn $500,000 at the end of 2022 and 23, then $250,000 each from 2024 to 27.
To recap, it’s a base salary totaling $1.65 million over six seasons, talent fees totaling $24.85 million, and retention bonuses of $2 million. The total: $28,500,000.
Including his talent fee, base salary and retention bonus, Wilcox will earn a minimum of $4.2 million in 2022. That figure would have ranked sixth among Pac-12 coach salaries in 2021, according to Jon Wilner of the Mercury News. Notably, Stanford’s David Shaw earned $8.9 million last year and UCLA’s Chip Kelly finished second in the conference with $5.6 million.
Corn . . . There is more.
The rest is performance-based, some of which are more realistic than others. There is a cap of $900,000 in total bonuses per season.
Here are his bonuses based on team performance:
6 regular season wins: $25,000
7 regular season wins: $125,000
8 regular season wins: $200,000
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9 regular season wins: $275,000
10 regular season wins: $350,000
11 regular season wins: $425,000
12 regular season wins: $500,000
And there is this:
Defeat Stanford: $25,000
Beat Oregon, USC or UCLA (provided each has 6 regular season wins):
Participate in the Pac-12 title game: $50,000
Participate in a New Year’s Bowl Game 6: $100,000
Participates in the National Championship Game: $100,000
Participates in a Top-2 Pac-12 contract bowl game (non-New Years 6): $75,000
Participates in any other bowling game: $40,000
Conference Coach of the Year: $50,000
National Coach of the Year: $50,000
The university wants to encourage Wilcox to recruit and develop good students, so these academic bonuses are also available:
A team GPA of 2.70 or higher is worth $30,000 and these bonuses extend up to $60,000 for a GPA of 3.0 or higher.
If Cal gets an academic progress report above 960, Wilcox wins $50,000. A score of 1,000 is worth $150,000. The team’s 2020 APR score of 977, for example, would trigger a bonus of $75,000.
There’s also a $4,500 courtesy vehicle allowance and membership in Claremont Country Club & Spa (value unknown).
Of course, there are buyouts protecting each party.
If Wilcox opts out before the end of the 2022 regular season, he will have to pay the college $4 million. The buyout fee drops to $3.75 million if he leaves at the end of the 2023 regular season or earlier, $3 million in 24, $2 million in 25, and $1 million at the end of the campaign 26 or earlier.
If Cal terminates Wilcox without cause at the end of the first year, he must pay him $3.6 million. This redemption increases to $3.75 million in 2023, $3.9 million in 2024, $4.05 million in 2025 and $4.2 million in 2026.
Cover photo of Justin Wilcox by Neville E. Guard, USA Today
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