Report: Neuheisel's contract includes $1.5 million home loan
UCLA football coach Rick Neuheisel can earn up to $1.75 million a year in salary and bonuses under the terms of a five-year contract that was finalized last week, the Los Angeles Times reported.
The contract provides Neuheisel with $250,000 in base pay and a $1 million personal service fee annually, along with a home loan of up to $1.5 million at a 3 percent rate, according to the contract.
He can also earn performance bonuses if UCLA wins more than eight games, earns the Pacific 10 Conference title and plays in a bowl game or the BCS championship game, as well as a $50,000 academic performance bonus, the Times reported.
However, Neuheisel will not be eligible for performance bonuses if the program is put on NCAA probation. He must return bonus payments if the team is "subsequently sanctioned for NCAA violations in which coach was directly involved, that coach facilitated, condoned, or ignored about coach knew or reasonably should have known," according to the report.
The contract also includes two automobiles and a family suite at the Rose Bowl to be used for donor relations by the coach and the athletic department, according to the report.