Inside P.J. Fleck's new deal — salary structure, buyouts, etc.

November 6, 2019 at 5:08AM
Gophers head coach P.J. Fleck was all smiles after he spoke to the media minutes after signing a 7-year contract extension Tuesday afternoon. ] Aaron Lavinsky • aaron.lavinsky@startribune.com The Gophers football team held a press conference on Tuesday, Nov. 5, 2019 at the University of Minnesota Athlete's Village in Minneapolis, Minn.
Gophers coach P.J. Fleck was all smiles after he spoke to the media Tuesday, minutes after signing a seven-year contract extension. (The Minnesota Star Tribune)

P.J. Fleck is making $3.6 million this season under terms of his previous extension, which he signed last December, keeping him under contract through 2023. His new contract, pending approval, is a seven-year, $33.25 million deal that starts in 2020. A look at the key financials:

Salaries

2020$4.6 million

2021$4.65M

2022$4.7M

2023$4.75M

2024$4.8M

2025$4.85M

2026$4.9M

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Buyouts

If Fleck left, amount new employer would owe the U ...

2020$10 million

2021$4.5M

2022 or 2023$3M

2024 or 2025$2M

2026$0

Termination: If the Gophers fire Fleck, they would owe him 65% of the salary he is scheduled to make through 2026. So, for example, if they wanted to fire Fleck after the 2021 season, they would owe him $15.6 million.

Staffing: In Fleck's new contract, the university will make $1.05 million available to increase the salaries of his assistant coaches in 2020 and another $200,000 available for their increases in 2021. So offensive coordinator Kirk Ciarrocca and the others are getting built-in raises, too.

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