If Scott Frost wins at Nebraska, he will get paid.
Frost’s signed Memorandum of Understanding, obtained by Hail Varsity Monday, shows that Frost has several performance-based incentives in his new seven-year, $35-million contract ($5-million base salary) with the Huskers.
The new head coach will receive up to a $300,000 bonus if he were to win the Big Ten conference, He also receives incentives for bowl game appearances: $150,000 for a non-CFP bowl game appearance, $250,000 for a CFP bowl game appearance, $300,000 for a playoff semifinal berth and $350,000 for appearing in a national championship or $650,000 for winning a national championship.
Frost’s deal outlines a $5-million salary pool for 10 assistant coaches and a strength coach, with up to 2-year deals for each, in line with what Athletic Director Bill Moos said Sunday. His assistants, along with the head strength coach and director of operations, will also receive salary-based incentive compensation for conference titles and bowl games.
Also listed in the MOU were terms for a buyout should Frost either be let go or leave for another job and an allowance of up to 20 hours of private flight time. Nebraska also agreed to pay the remaining buyout Frost owed to Central Florida
The terms sheet, drafted last Monday, Nov. 27, calls for a fully signed contract within 10 business days of an agreement. That contract has yet to be released.
Derek is a newbie on the Hail Varsity staff covering Husker athletics. In college, he was best known as ‘that guy from Twitter.’ He has covered a Sugar Bowl, a tennis national championship and almost everything in between (except an NCAA men’s basketball tournament game… *tears*). In his spare time, he can be found arguing with literally anyone about sports.