Northern Kentucky Coach Darrin Horn Agrees to Four-Year Contract: Salary, Buyout, Incentives

Former Western Kentucky and South Carolina head coach Darrin Horn will embark on a third act as a Division I head coach after agreeing to a four-year contract with Northern Kentucky.

Stadium obtained the signed memorandum of understanding between Horn and NKU via public records request.

Horn’s annual guaranteed compensation is $400,000 over the course of a contract term from April 24, 2019 to March 31, 2023. His contract will be extended by one year if Northern Kentucky finishes in the top three of the Horizon League next season. His contract will be extended by one year if the team finishes in the top three for the 2021 season.

His contract will have an extension provision that won’t create an employment term longer than four years at any given time.

Horn can earn three potential retention bonuses, which are outlined below.

  • $25,000 – If he’s employed by Northern Kentucky on April 1, 2020.
  • $35,000 – If he’s employed by Northern Kentucky on April 1, 2021.
  • $45,000 – If he’s employed by Northern Kentucky on April 1, 2022.

 

He’ll have an incentive structure of up to $70,000 for achieving athletic performance goals, which are outlined below.

  • $5,000 – Horizon League regular season championship
  • $15,000 – Horizon League tournament championship
  • $15,000 – NCAA Tournament at-large selection
  • $20,000 – Each win in the NCAA Tournament
  • $2,500 – NIT appearance
  • $2,500 – NIT Championship
  • $2,500 – Named Horizon League Coach of the Year
  • $7,500 – Named National Coach of the Year
  • $2,500 – APR score greater than or equal to 975

 

Horn’s assistant coach salary pool is $260,000. His contract will also provide him with temporary housing for up to 60 days, reimbursement of moving expenses, a vehicle stipend of $500 per month, a university-provided cell phone, membership privileges at the Metropolitan Club, up to 16 complimentary game tickets for each home men’s basketball game and the cost of travel, lodging and game tickets for up to three immediate family members to any road game that Northern Kentucky travels to by bus and any NCAA postseason tournament.

If Northern Kentucky terminates his contract without cause, the school will owe Horn the following:

  • $1 million – Termination prior to April 1, 2020
  • $800,000 – Termination prior to April 1, 2021
  • 50% of guaranteed salary for the remainder of the term of the contract – Termination prior to April 1, 2022
  • (If an extension is earned) 50% of guaranteed salary for the remainder of the term of the contract – Termination prior to April 1, 2023

 

If Horn accepts another coaching position before the end of his contract, he’ll owe the school the following:

  • $1 million – Prior to April 1, 2020
  • $800,000 – Prior to April 1, 2021
  • 50% of guaranteed salary for the remainder of the term of the contract – Termination prior to April 1, 2022
  • (If an extension is earned) 50% of guaranteed salary for the remainder of the term of the contract – Termination prior to April 1, 2023

 

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