Former Husker head coach Bo Pelini's new job won't take a significant chunk out of the buyout money owed him by Nebraska, according to reported figures released on Tuesday.
According to Dana Balash, the sports director from WFMJ TV, the NBC affiliate in Youngstown, Ohio, Pelini's deal as the head coach of Youngstown State runs four years and pays a base annual salary of $213,894. The coach made a base of $3.075 million last year at Nebraska.
Pelini's new reported salary equals the same as Youngstown State's previous coach Eric Wolford was making. According to the Youngstown Vindicator, Wolford's most recent contract gave him a base figure of $213,894, along with $50,000 in marketing compensation for television and radio shows, speaking engagements and sponsorships.
Pelini's new contract also calls for a $3,000 bonus for winning a league championship, a $3,000 bonus for every postseason game, and $20,000 for winning the national championship, Balash reported. Those are the same bonus numbers Wolford had.
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NU athletic director Shawn Eichorst said when announcing Pelini's firing on Nov. 30 that the coach, per his contract, was owed about $7.9 million by the university.
"The funds will come from operational reserves in the department," Eichorst said then. "We pay those liquidated damages on a month-to-month basis.”
At the time, the Journal Star figured Pelini was owed $150,000 per month over the course of 51 months, with whatever he makes at his new job subtracted from the total.