Miles' 7-year contract at Neb pays $1.4M to start
Friday, May 11, 2012
OMAHA, Neb. (AP) -- New Nebraska coach Tim Miles signed a seven-year contract that pays him a salary of $1.4 million that increases annually to $2.15 million by 2018-19.
The contract was signed May 4 and released Friday.
Miles' contract includes incentives that pay him bonuses of $75,000 if the Cornhuskers win 20 games in a season, $100,000 if they win a Big Ten regular-season or tournament title and $150,000 if they make the NCAA tournament.
Miles also is given two vehicles for personal use and a country-club membership. Miles' wife, Kari, is allowed to travel at athletic-department expense to away games and conventions.
Miles is promised a pool of $720,000 to pay three assistant coaches, and each is guaranteed a two-year contract. He was hired March 23 after five seasons at Colorado State.