Report: South Carolina Board of Trustees approves Will Muschamp’s salary and contract length
We already knew that Will Muschamp would be the next South Carolina football coach. Now the ink can be put on the paper.
Muschamp is set to sign a five-year contract that pays him $3 million per year, which was approved by the University of South Carolina Board of Trustees Monday morning, according to The Post and Courier’s David Caraviello.
That would be the lowest-valued contract of any reported for a coach in the SEC. .
However, Muschamp will see a $100,000 increase in his salary each season, in addition to his added incentives, according to the Associated Press’ Pete Iacobelli.
Also included in the contract, which pays Muschamp $16 million over the full five-year deal, is a buyout on a sliding scale. If Muschamp were to leave South Carolina after the first year of his contract, he would owe the university $7 million. If Muschamp left after the final year of his deal, he would owe $3 million.
According to USA TODAY Sports, every other reported SEC coach made a higher annual salary in 2015 than Muschamp. This season, Kentucky coach Mark Stoops earned the least at $3.25 million (Vanderbilt coach Derek Mason’s salary was not reported by USA Today).
Former South Carolina coach Steve Spurrier earned more than $4 million per year.