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Brian Gregory's USF contract: 6 years, $6.58 million

New USF coach Brian Gregory signed a six-year, $6.85 million contract with the school on Monday.

Photo provided by Georgia Tech

New USF coach Brian Gregory signed a six-year, $6.85 million contract with the school on Monday.

16

March

New Bulls men's basketball Brian Gregory has signed a six-year, $6.58-million contract that could extend by a year if the Bulls receive NCAA sanctions.

USF released Gregory's contract -- signed Monday -- upon a public-records request. If the program is hit with NCAA penalties for infractions committed before Gregory's arrival, the deal is extended by a year from the date the sanctions are communicated to the school.

Penalties that could trigger that one-time-only extension include scholarship losses, reduction in recruiting time or practice hours, or a postseason ban, according to the contract.

USF is awaiting the findings of an NCAA probe into possible academic wrongdoing.

(VIEW BRIAN GREGORY'S CONTRACT HERE)

Gregory will make $1 million ($400,000 base salary plus $600,000 in "additional compensation") in Year 1 of the deal, which tops out at $1.13 million by the final year. The salary is slightly higher than predecessor Orlando Antigua, who earned roughly $900,000 annually.

So, too, is Gregory's staff salary pool, which starts at $750,000 and increases to $875,000. If the Bulls make the NCAA Tournament, the school will provide an assistant-incentives pool of $50,000 (and $20,000 if the Bulls make the NIT).

If Gregory leaves for another gig, his buyout begins at $1.5 million and gradually dips to $250,000 by Year 6. If he's fired without cause, the school owes him his base salary as if he were fully performing his duties for a period of 20 weeks only, according to the contract.

Performance bonuses include $100,000 for winning a national title and $25,000 for receiving an NCAA Tournament berth.

Gregory will be formally introduced Wednesday at 2 p.m. at the Sun Dome. 

[Last modified: Thursday, March 16, 2017 5:36pm]

    

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