Florida coach Jim McElwain will make an annual salary of $3.5 million over the course of his six-year deal. He received a $500,000 bonus upon signing his contract and will make a $500,000 bonus each year that he is still the coach at Florida on January 31, beginning in 2017 and lasting through 2021.
If he is fired without cause, Florida will owe McElwain $2.25 million per year for each year remaining on his contract.
If McElwain leads Florida to the SEC title game, he will earn a $37,500 bonus. Winning the game will earn a $75,000 bonus. Leading the Gators to a bowl game is worth a $37,500 bonus. If McElwain takes Florida to the Cotton Bowl, Fiesta Bowl, Orange Bowl, Peach Bowl or Sugar Bowl, he will earn $100,000. A berth in the playoff and the national semifinal game will get McElwain a $150,000 bonus and making it to the national title game is worth a $200,000 bonus. Winning the national title would give McElwain a $250,000 bonus.
McElwain would get a $50,000 bonus for being named AP Coach of the Year and a $25,000 bonus if he is named SEC Coach of the Year. A top 10 finish in either poll will earn McElwain $50,000.
McElwain’s assistant coaches will make a total of $3,325,000
Here is the list of assistant coach salaries:
Defensive coordinator Geoff Collins: $600,000
Offensive coordinator Doug Nussmeier: $500,000
Defensive line coach Chris Rumph: $415,000
Linebackers coach Randy Shannon: $400,000
Tight end/special teams coach Greg Nord: $375,000
Running backs coach Tim Skipper: $350,000
Defensive backs coach Kirk Callahan: $300,000
Wide receivers coach Kerry Dixon: $275,000
Offensive line coach Mike Summers: $200,000