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Details of Scott Frost’s contract released
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Details of Scott Frost’s contract with Nebraska have been released.
On Monday afternoon, Sam McKewon of the Omaha World-Herald tweeted out the details of the Memorandum of Understanding (MOU) which outlines the specifics of the deal between Nebraska and Frost.
All that was known before Monday was that Frost had agreed to a 7-year, $35 million contract with the Huskers.
Frost has plenty of incentives included in his contact. Bonuses for division titles, B1G championships, bowl games, New Year’s Six appearances and College Football Playoff appearances are all worked into the contract.
Here are some of the specifics.
Frost MOU has been released. Deal runs through Dec. 31, 2024.
— Sam McKewon (@swmckewonOWH) December 4, 2017
Bonus structure (highest applies)
Division win/tie: $100,000
Appear in B1G title game: $200,000
Win B1G: $300,000Non-CFP bowl: $150,000
NY6 bowl: $250,000
CFP semi: $300,000
CFP title game: $350,000
Natty: $650,000— Sam McKewon (@swmckewonOWH) December 4, 2017
Buyout:
If Frost is let go:
$5 million per each year remaining on term for 1st 5 years, $2.5 million per year thereafter.
If Frost leaves:
$2.5 million for year remaining on term. (with no adverse financial impact on coach)
— Sam McKewon (@swmckewonOWH) December 4, 2017
In addition to those financial details, Frost will also be reimbursed for moving expenses and will receive 20 hours for personal travel on a private jet.
Returning to his alma mater is a dream scenario for Frost. It’s unlikely he would bolt for another job, but Nebraska athletic director wants to keep his new head coach happy, which explains such a lucrative contract.
Frost was officially introduced as Nebraska’s new head coach on Sunday.
Dustin grew up in the heart of Big Ten country and has been in sports media since 2010. He has been covering Big Ten football since 2014. You can follow him on Twitter: @SchutteCFB