Before leaving Texas, Charlie Strong said the cake was baked. He’s going to make sure the Longhorns pay at least $9.4 million for all the ingredients.
Strong signed a five-year contract at his new school South Florida worth $9.8 million, according to the Tampa Bay Times. The majority of the money is backloaded. The first two years are worth just $1 million annually.
Strong made some questionable game-day decisions the last three seasons at Texas, but he definitely knew how to read his contract.
At UT, Strong had two years left on his five-year deal. According to the terms, UT had a 50 percent offset clause in his deal should Strong find work elsewhere.
The university was guaranteed to pay Strong at least $5.2 million each of the next two years, which would be the 2017 and 2018 football seasons. Since his salary at USF is just $1 million the next two years, Texas officials take $500,000 off their annual total and must still pay Strong the balance — $4.7 million annually.
USF gets coach with Power 5 experience, a lifetime of recruiting experience in Florida and Texas pays most of the freight, too? Any athletic director would take that deal immediately.
Strong’s salary jumps to $2.5 million annually at USF in the coach’s third year. He can receive performance bonuses that were in line with his predecessor Willie Taggart’s contract.
Contact Brian Davis at 512-445-3957. Email email@example.com.
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