California basketball Head Coach Mark Fox signed a five-year contract with the university in July worth $8.25 million in combined base salary and talent fees.
California basketball Coach Mark Fox signed a five-year contract with the university in early July worth $8.25 million in combined base salary and talent fees that extends through March 31, 2024.
Stadium obtained a copy of the contract via public records request.
Fox also earned a one-time hiring bonus of $100,000 and he can earn two retention bonuses worth $250,000 if he’s still employed by the university on Jan. 1, 2022 and Jan. 1, 2024.
Fox’s base salary is $275,000 annually. Here’s how much he’ll earn on an annual basis between his base salary and talent fee:
Fox will also have the opportunity to earn performance-based incentives, provided that the team’s four-year average Academic Progress Rate (APR) score is at least 930. The incentives are outlined below:
However, Fox can’t earn more than $300,000 in bonuses in a single contract year.
Fox will also receive a courtesy car and he’s eligible to receive a membership at a country club that’s paid for by the university.
If Fox is terminated without cause, here’s how much the university will owe him:
If Fox terminates his contract with Cal, he’ll owe the university the following:
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