Mike Riley's Contract Details

Feb. 20, 2003

CORVALLIS, Ore. -

Mike Riley Contract Details

Base Salary (includes TV/radio packages)
1st year - 625,000
2nd year - 700,000
Years 3-7 - 50,000 escalation per year

Incentives

Academics
25,000 per year if 90 percent of players complete 36 hours per academic year (fall-winter-spring)
Increases to 35,000 per year starting in year four

Social Responsibility/Community Service
25,000 per year at athletic director's discretion
35,000 per year starting in year four

Athletics
Years 1-3: 50,000 for 7 wins; 75,000 for 8 wins; 100,000 for 9-plus wins
Starting in year 4: 25,000 escalation per category
100,000 for BCS Bowl appearances

Tickets
5 percent of revenue for season ticket sales over 23,000 after stadium expansion

Buyout Clause
1,000,000 for years 1-5
750,000 for year 6
500,000 for year 7

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