Search
Log in
Register
Teams
Teams
Fan Sites
Forums
Shows
College
College Football News
College Football Player Rankings
College Football Rankings
College Football Playoff
College Basketball News
Women's Sports
NIL
NIL News
NIL Valuation
NIL Deals
NIL Deal Tracker
Sports Business
Transfer Portal
Transfer Portal News
NCAA Transfer Portal
Transfer Portal Rankings
Transfer Portal Team Rankings
Recruiting
Football Recruiting
Basketball Recruiting
Database
Team Rankings
Player Rankings
Industry Comparison
Commitments
Recruiting Prediction Machine
High School
High School News
Schools
Rankings
Scores
Draft
NFL Draft
NFL Draft News
Draft By Stars
College Draft History
College Draft Totals
NBA Draft
NBA Draft News
Pro
NFL
NASCAR
NBA
Culture
Sports Betting
About
About
On3 App
Advertise
Press
FAQ
Contact
Get a profile. Be recruited.
New posts
Menu
Install the app
Install
On3:
EA Sports' updated player contract creates complications for College Football 27
On3:
The $40 million myth: No college football roster has hit the mark (yet)
On3:
Is Alabama finished after early-season loss to FSU? History says no
On3:
Kansas at Missouri prediction: Defining what will carry Tigers to rivalry win over Jayhawks
Nebraska:
Matt Rhule breaks down where Nebraska's tackle rotation stands
Reply to thread
Forums
West Virginia
Mountaineer Message Board
DeVries contract details
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
<blockquote data-quote="Keenan Cummings" data-source="post: 132711600" data-attributes="member: 1041048"><p>Five year deal April 1, 2024 - April 30, 2029</p><p></p><p><strong>Compensation:</strong></p><p>April 1, 2024 - April 30, 2025 - $2,800,000</p><p>May 1, 2025 - April 30, 2026 - $2,900,000</p><p>May 1, 2026 - April 30, 2027 - $3,00,000</p><p>May 1, 2027 - April 30, 2027 - $3,100,000</p><p>May 1, 2028 - April 30, 2029 - $3,200,000</p><p></p><p>There is an automatic extension clause in the event that if DeVries finishes in the top six in the Big 12 standings in his first two years including all conference tie breakers it will be extended for one additional year through April 30, 2030.</p><p></p><p>If the extension is earned the supplemental compensation will increase to $3,300,000 during that additional year.</p><p></p><p>West Virginia will pay the payout to Drake.</p><p></p><p>The Mountaineers also will pay $100,000 for relocation. </p><p></p><p><strong>Buy out:</strong></p><p>DeVries will be required to pay the University, as liquidated damages, 37.5 percent of unpaid cumulative total compensation for the remainder of the term if you terminate your employment on or before April 30, 2028 (or April 30, 2029 if the automatic extension has been earned).</p><p></p><p>A termination by the University without cause provision consistent with past University practices, which will require a severance payment limited to 75-percent of the total compensation for the remainder of the term of the contract, and subject to your duty to mitigate where the University will only be required to pay the difference, if any, between the severance payment and the total compensation from your new position.</p><p></p><p><strong>Annual incentives:</strong></p><p><em>NCAA Tournament Appearances:</em></p><p>First Round: $20,000</p><p>Second Round: $30,000</p><p>Fourth Round: $40,000</p><p>Final Four: $100,000</p><p>National Championship: $200,000</p><p></p><p><em>Big 12 Conference:</em></p><p>Regular Season First Place or Tie: $40,000</p><p>Regular Season Second Place or Tie: $30,000</p><p>Regular Season Third Place or Tie: $20,000</p><p>Regular Season Fourth Place or Tie: $10,000</p><p>Tournament Championship: $40,000</p><p>Tournament Runner Up: $30,000</p><p></p><p><em>Season Ticket Sales:</em></p><p>1. Season ticket sales exceeds 5,000 - $10,000 or</p><p>2. Season ticket sales exceeds 6,000 - $20,000</p><p></p><p><em>Coach of the Year:</em></p><p>1. Big 12 Coach of the Year - $30,000</p><p>2. National Coach of the Year - $50,000</p><p>(as selected by the NABC or Associated Press)</p><p></p><p><em>Annual Academic Performance:</em></p><p>1. At least 930 - $10,000</p><p>2. At least 950 - $20,000</p><p>3. Team Grade Point Average of 2.65 (combined fall and spring semester) - $10,000</p></blockquote><p></p>
[QUOTE="Keenan Cummings, post: 132711600, member: 1041048"] Five year deal April 1, 2024 - April 30, 2029 [B]Compensation:[/B] April 1, 2024 - April 30, 2025 - $2,800,000 May 1, 2025 - April 30, 2026 - $2,900,000 May 1, 2026 - April 30, 2027 - $3,00,000 May 1, 2027 - April 30, 2027 - $3,100,000 May 1, 2028 - April 30, 2029 - $3,200,000 There is an automatic extension clause in the event that if DeVries finishes in the top six in the Big 12 standings in his first two years including all conference tie breakers it will be extended for one additional year through April 30, 2030. If the extension is earned the supplemental compensation will increase to $3,300,000 during that additional year. West Virginia will pay the payout to Drake. The Mountaineers also will pay $100,000 for relocation. [B]Buy out:[/B] DeVries will be required to pay the University, as liquidated damages, 37.5 percent of unpaid cumulative total compensation for the remainder of the term if you terminate your employment on or before April 30, 2028 (or April 30, 2029 if the automatic extension has been earned). A termination by the University without cause provision consistent with past University practices, which will require a severance payment limited to 75-percent of the total compensation for the remainder of the term of the contract, and subject to your duty to mitigate where the University will only be required to pay the difference, if any, between the severance payment and the total compensation from your new position. [B]Annual incentives:[/B] [I]NCAA Tournament Appearances:[/I] First Round: $20,000 Second Round: $30,000 Fourth Round: $40,000 Final Four: $100,000 National Championship: $200,000 [I]Big 12 Conference:[/I] Regular Season First Place or Tie: $40,000 Regular Season Second Place or Tie: $30,000 Regular Season Third Place or Tie: $20,000 Regular Season Fourth Place or Tie: $10,000 Tournament Championship: $40,000 Tournament Runner Up: $30,000 [I]Season Ticket Sales:[/I] 1. Season ticket sales exceeds 5,000 - $10,000 or 2. Season ticket sales exceeds 6,000 - $20,000 [I]Coach of the Year:[/I] 1. Big 12 Coach of the Year - $30,000 2. National Coach of the Year - $50,000 (as selected by the NABC or Associated Press) [I]Annual Academic Performance:[/I] 1. At least 930 - $10,000 2. At least 950 - $20,000 3. Team Grade Point Average of 2.65 (combined fall and spring semester) - $10,000 [/QUOTE]
Insert quotes…
Name
Post reply
Forums
West Virginia
Mountaineer Message Board
DeVries contract details
Top
Bottom