Details Of New Mexico Head Coach Bob Davie's Contract, Buy Out, Perks Are Released

Bob Davie is taking over the New Mexico Lobos head coaching job after spending a decade in the booth for ESPN, and if Davie can turn around New Mexico he will have done possibly the best coaching job in the country since New Mexico has been one of the worst programs in the country the past three years. When things get tough Davie can spend time and relax at a country club hitting the golf course for a release during the first year or two when things get tough. That country club membership is included in Davie's contract as is the use of a courtesy car. To note, former head coach Mike Locksley had two cars but no country club membership in his contract.

Davie will earn $700,000 during the first year and $760,000 for each of the following five years and his salary breaks down like this:

  • Base salary, $300,000.
  • Marketing, $150,000.
  • Radio/TV and appearances, $200,000.
  • Shoe/apparel contract, $100,000.

These items are on the offer sheet and is not the final contract which has yet to be finalized. The amount of money won't change but there could be additional bonuses not mentioned or perks such as a certain number of complimentary tickets to home football game, Locksley had 12 reserved seats per home game.


The assistant coaching staff will have a budget of $1.2 million in the first year and up to $1.3 million each year there after. Here is a breakdown if either side breaks the contract:
If Davie should terminate the contract, according to the term sheet, he or his next employer would owe UNM $760,000 if terminated in the first year, $650,000 in the second, $450,000 in the third and $250,000 the remainder of the contract.

[...]

If UNM were to terminate the contract for something other than cause, the school would owe Davie his remaining compensation for that year plus $760,000 for the first three years of the contract. Thereafter, the amount is reduced to $350,000.

Davies annual salary would rank him sixth among current Mountain West coaches.

Follow Mountain West Connection for more news around the clock via twitter, facebook and now google plus.

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Mountain West Connection

You must be a member of Mountain West Connection to participate.

We have our own Community Guidelines at Mountain West Connection. You should read them.

Join Mountain West Connection

You must be a member of Mountain West Connection to participate.

We have our own Community Guidelines at Mountain West Connection. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9341_tracker