Newly appointed Arizona State University NCAA college football head coach Herman Edwards speaks during a news conference, Monday, Dec. 4, 2017, in Tempe, Ariz. Edwards, a former NFL head coach and current ESPN analyst will assume the head coach position and serve as football CEO according to ASU athletic director Ray Anderson. (AP Photo/Matt York)
New coach: Herm Edwards
Contract terms: 5 years, $12.5 million
Details: Edwards will make $2 million in 2018 and an additional $250,000 in each subsequent season through 2022.
Bonuses: Edwards will receive 10 percent of his annual salary if he wins the Pac-12 South, 20 percent of his annual salary if he wins the conference title game, 40 percent if he makes the national championship game and 50 percent if the Sun Devils win it all. Edwards’ other bonuses range from 1 percent of his annual salary for finishing in a postseason top-25 poll to $500,000 for winning 12 games in a season. Edwards receives a whopping $300,000 if his team finishes with a cumulative GPA of 3.0 or higher.
Notable perk: Edwards receives free golf at the ASU Golf Course, and will be reimbursed for all country club dues and fees should he choose to join one.
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That’s weird: Edwards must pay ASU up to $75,000 in damages if he is fired for breaking NCAA or Pac-12 Conference rules.
Buyout: ASU will pay Edwards the remaining money left on his deal if he is fired without cause. Edwards must pay ASU $1 million to break his contract; even if he chooses to leave the Devils, Edwards is not permitted to coach at a Pac-12 school until at least 2023.
Mitigation clause? Yes. Edwards’ buyout will be reduced by half if he is then named head coach at another Power 5 Conference school.
Morals clause: Unclear. The Regents have approved the framework of Edwards' deal, but are still working with his attorney to finalize it. The contract will be made public when it is official.
