Florida releases Dan Mullen’s contract details

The Florida Gators released the details of new head football coach Dan Mullen’s contract on Tuesday afternoon.

Mullen’s contract is worth $36.6 million dollars over six years. In addition to a base yearly salary of $3 million Mullen will receive a an annual sum of $1.75 million paid bi-weekly for media and public relations responsibilities as well as other compensation that brings his exact yearly salary to $6,103,000 a year.

Mullen also has a $12 million dollar buyout built into his contract. If Florida were to terminate Mullen’s contract without cause the University Athletic Association would owe him 50% of that sum within 30 days of termination with the remaining sum paid out over six years or the value of his guaranteed compensation throughout the term of the rest of the contract, whichever is less. If Mullen were to leave Florida prior to the execution of his contract he would owe Florida $2 million dollars in liquidated damages.

In addition Mullen will also have $5 million dollars to hire assistant coaches for his football program.

Performance bonuses available for Mullen (Max bonus in a given year $925,000)
$400,000 – College Football Playoff Champion
$300,000 – College Football Playoff Runner-Up
$250,000 – College Football Playoff Semi-Finalist
$200,000 – Participation in an Access/Big 6 Bowl Game
$200,000 – Win SEC Championship
$100,000 – Participate in Bowl Game
$100,000 – Reach SEC Championship Game
$100,000 – Finish in the AP Top 10
$100,000 – Academic Performance
$75,000 – Named AP National Coach of the Year
$50,000 – Named SEC Coach of the Year

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Nick de la Torre
A South Florida native, Nick developed a passion for all things sports at a very young age. His love for baseball was solidified when he saw Al Leiter’s no-hitter for the Marlins live in May of 1996. He was able to play baseball in college but quickly realized there isn’t much of a market for short, slow outfielders that hit around the Mendoza line. Wanting to continue with sports in some capacity he studied journalism at the University of Central Florida. Nick got his first start in the business as an intern for a website covering all things related to the NFL draft before spending two seasons covering the Florida football team at Bleacher Report. That job led him to GatorCountry. When he isn’t covering Gator sports, Nick enjoys hitting way too many shots on the golf course, attempting to keep up with his favorite t.v. shows and watching the Heat, Dolphins and Marlins. Follow him on twitter @NickdelatorreGC