AUBURN, Ala. — According to an annual database released by USA Today on Wednesday, Auburn head coach Gus Malzahn ranks No. 3 in the SEC and inside the Top 10 nationally for the highest-paid coaches in college football.
Malzahn is making $4,729,500 in his current contract year, which puts him third in the SEC behind Alabama’s Nick Saban ($6,939,395) and Texas A&M’s Kevin Sumlin ($5,000,000). Malzahn’s salary ranks eighth nationally, just ahead of Ole Miss’ Hugh Freeze ($4,703,500).
Malzahn signed a contract extension with Auburn through the 2020 season in June. He is making $4,725,000 in his base pay from the school and $4,500 in what USA Today describes as “other pay.”
The Auburn head coach is eligible for a maximum bonus of $1.4 million this year, and he’s already been paid a total of $125,000 in bonuses for 2015 and 2016.
According to USA Today, Malzahn is receiving additional money from Auburn thanks to a $700,000 loan it made to him in 2012 to help pay his buyout from Arkansas State. The loan is being forgiven at a rate of $140,000 per year.
Here are the Top 10 highest-paid coaches in college football, led by Jim Harbaugh and his massive salary at Michigan:
- Jim Harbaugh (Michigan): $9,004,000
- Nick Saban (Alabama): $6,939,395
- Urban Meyer (Ohio State): $6,094,800
- Bob Stoops (Oklahoma): $5,550,000
- Jimbo Fisher (Florida State): $5,250,000
- Charlie Strong (Texas): $5,200,130
- Kevin Sumlin (Texas A&M): $5,000,000
- Gus Malzahn (Auburn): $4,729,500
- Hugh Freeze (Ole Miss): $4,703,500
- Kirk Ferentz (Iowa) and James Franklin (Penn State): $4,500,000