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Bryan Harsin's deal is a five-year deal worth $6.5 million

Boise State's newest head coach will earn just over $1 million per year over a five-year period.

Shanna Lockwood-USA TODAY Sports

New Boise State head coach Bryan Harsin has agreed to a contract worth $6.5 million over five years, and only the formality of the state board approving the deal stands in the way.

Boise State released the term sheet to the media which calls for Harsin to earn $1 million in his first and second years, and then his base salary increases to $1.3 million in 2016, $1.55 million in 2017 and finally to $1.65 million in 2018. This is a sizable increase over what Harsin made at Arkansas State which was $724,597.

The buyout clause for Harsin is $2 million for the first two years and then it drops to $1.75 after the third year and then in the fourth year to just $500,000.

The details of his deal also include the assistant coaching pool which is $2.2 million to be divided amongst the nine assistant coaches on staff. In 2013 under now former head coach Chris Petersen the assistant coaches earned slightly more at $2.436 million. Even with the lower salary pool it is still $700,000 more than the next closest Mountain West school which is Colorado State.

There are also other incentives that could boost his salary even more, but they are not specified in the sparsely detailed term sheet.

Harsin will officially be introduced as the Boise State head coach at 1 p.m. ET on Friday.