Friday, October 24, 2008

RR's Contract Finalized

Highlights:

  • 6 Year contract
  • $300,000 base salary
  • Additional Compensation is $1.65m a year
  • $550,000 deferred-compensation goes directly into a retirement account
  • A written provision for the $2.5-million payment U-M is making to West Virginia for Rodriguez's buyout
  • Private Box when they are completed
  • U-M would pay $4 million to fire in him in any of the first three years, $2.5 million in year four, $2 million in year five and $1.5 million in year six. Should he leave on his own, he owes the university the same amounts across that scale.
  • $1.95m for 9 assistants

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