Here is an article from last year when he signed an extension. Keep in mind he just got extended this week another year.
But the buyout is for $9 mil. It begins to fall starting on 1/14/22.
So first you start with buying out Manny, probably around $2-4 mil, then you pay Oregon for Mario $9 mil, so you are $12-13 million in the hole already before you give Mario a contract. With incentives Mario's contract could be as much as $7 mill ($4.75 mil base) per year. Think Miami has to match that for say 6 years. Then staffing allowance. Yeah we are talking a lot of moolah. But if you want to be big time, you have to step up.
www.kgw.com
But the buyout is for $9 mil. It begins to fall starting on 1/14/22.
So first you start with buying out Manny, probably around $2-4 mil, then you pay Oregon for Mario $9 mil, so you are $12-13 million in the hole already before you give Mario a contract. With incentives Mario's contract could be as much as $7 mill ($4.75 mil base) per year. Think Miami has to match that for say 6 years. Then staffing allowance. Yeah we are talking a lot of moolah. But if you want to be big time, you have to step up.
Oregon, football coach Mario Cristobal agree to contract extension
Cristobal, who led the Ducks to a Pac-12 championship and Rose Bowl victory last season, is now signed on as coach through the 2025 season.
www.kgw.com
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