WVU Inks Six-Year Contract With Holgorsen
By JIM ELLIOTT
MORGANTOWN – Dana Holgorsen isn’t going anywhere.
Holgorsen, West Virginia University’s second-year head football coach, agreed to terms of a six-year contract on Wednesday that is effective immediately and figures to keep him in Morgantown through the 2017 season.
In explaining the move, West Virginia athletics director Oliver Luck said the reasons were twofold.
School officials are pleased with the job Holgorsen has done; and they wanted to put his salary more in line with other Big 12 coaches.
”We have said all along we are going to pay our coach a competitive salary for a very valued and competitive position,” Luck said. ”I have full confidence in Coach Holgorsen and his staff and want them to be with us for a long time. He is the right man to lead our football program into the Big 12 and beyond.”
Holgorsen’s new deal includes the possibility of more in annual salary based on incentives for team academic achievements, regular season victories, conference titles, postseason bowl appearances and other rankings and honors.
He will be paid $2.3 million in 2012 with the contract calling for yearly raises – $200,000 in year two and three; $100,000 in year four and five; and no increase in the final year. His previous deal was to pay him $1.725 million this season.
As WVU fans are sure to wonder, the contract provides protection for both sides with liquidated damages clauses should Holgorsen leave early or should WVU choose to end the contract.
Holgorsen will receive $250,000 in base pay with the remainder coming via supplemental pay from revenue generated by the athletic department or private sources.
”I want to thank Oliver Luck and President Jim Clements for their confidence in and commitment to our football program,” Holgorsen said. ”We have a lot of things that we want to accomplish, and we have a great administration supporting us. There is no question that joining the Big 12 Conference presents new challenges in competition, facility upgrades and overall growth. However, I am excited to be the head coach of the West Virginia University Mountaineers, I enjoy living in this state, and I look forward to many more successful years in Morgantown.”
WVU finished with a 10-3 record and a Big East championship in Holgorsen’s first season, which ended with a 70-33 victory against Clemson in the Orange Bowl.