bryan harsin contract ,Bryan Harsin's Auburn contract details released ,bryan harsin contract, Harsin agreed to a six-year, $31.5 million deal — which comes to an average of $5.25 million per year — to become Auburn's new head coach, according to a copy of the contract provided to.
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The termination of Bryan Harsin as the head coach of Auburn football was a significant moment in college football history. His firing in the midst of a turbulent season led to questions about the financial implications for the university, particularly regarding the details of his contract and the buyout that Auburn would be responsible for. In this article, we will delve deep into Bryan Harsin’s contract, his buyout, salary breakdown, and the terms that will govern his exit from Auburn University.
Bryan Harsin's Career at Auburn: A Rocky Start
Bryan Harsin was hired as Auburn's head coach in December 2020, following the departure of Gus Malzahn after an eight-year tenure. Harsin, who had come from Boise State, was expected to bring a new energy and approach to a program that had seen its fair share of ups and downs under Malzahn. His tenure began with optimism, but a series of disappointing performances on the field, including a rough 2022 season, culminated in his dismissal in February 2023.
In his brief time at Auburn, Harsin accumulated a 9-12 record, which ultimately led to the university parting ways with him after just 21 games. Auburn’s decision to fire Harsin came with a substantial financial burden, as outlined in the details of his contract.
Bryan Harsin’s Auburn Contract: Salary and Length
Harsin's initial contract with Auburn was a six-year deal worth $31.5 million, signed in December 2020. The deal was structured with an annual salary of approximately $5.25 million, a figure that would be paid out over the length of the contract. The financial commitment to Harsin made it clear that Auburn was willing to invest in the program’s future. However, the termination of his contract was accompanied by hefty buyout clauses, given the terms agreed upon when Harsin signed.
# Breakdown of Bryan Harsin's Salary
While the specific salary for each year of Harsin's contract was not publicly disclosed in its entirety, reports suggest that his compensation ranged between $5 million and $5.5 million per year. The contract also included incentives based on performance, such as winning seasons, bowl game appearances, and potential SEC championship berths. Unfortunately for both Harsin and Auburn, none of these performance-based incentives were triggered during his short tenure.
Bryan Harsin’s Buyout: How Much Auburn Owes After Firing?
One of the key points of interest surrounding Harsin’s termination was his buyout clause, which would determine how much Auburn would owe him upon his dismissal. In the case of a termination without cause, the buyout structure outlined in his contract was set to be quite substantial. Auburn would owe Harsin a total of $15.3 million, which represents 70% of the remaining value of his contract at the time of his firing.
This $15.3 million buyout figure is critical to understanding the financial consequences of Harsin’s dismissal. Auburn had been hoping to see a turnaround in Harsin’s performance, but with his firing, the university was left with a major financial obligation.
# Payment Schedule for Bryan Harsin's Buyout
The terms of Harsin's buyout, as agreed upon in his contract, specified a staggered payment schedule. Half of the total buyout amount, or $7.65 million, was to be paid within 30 days of his termination. This immediate payment was meant to cover the initial financial burden of his firing.
The remaining balance of $7.65 million was then set to be paid out in four equal annual installments. These annual payments would be due over the next four years, ensuring that Harsin would continue to receive substantial compensation for the next few years, despite no longer being associated with the Auburn football program.
Bryan Harsin Contract Buyout: What Are the Terms?
The details of Bryan Harsin’s buyout have raised questions, particularly regarding the timeline and implications for Auburn’s financial situation. Here’s a closer look at the specifics of the contract buyout and its broader implications.
# Immediate Buyout Payment
As mentioned earlier, the first installment of the buyout—$7.65 million—was due within 30 days of Harsin’s termination. This immediate payment represents a significant financial burden for Auburn, especially considering the other ongoing expenses associated with maintaining a football program in the competitive Southeastern Conference (SEC).
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bryan harsin contract - Bryan Harsin's Auburn contract details released