COLUMBIA — Will Muschamp will initially earn $3 million annually at South Carolina in a contract that will make him among the lowest-paid head football coaches in the SEC.
Muschamp’s five-year deal was unanimously approved Monday morning in a meeting of the USC’s Board of Trustees. His compensation will rise $100,000 annually, topping out at $3.4 million in the final year of the contract.
Former head coach Steve Spurrier made $4 million at the end of his tenure with the Gamecocks. According to USA Today’s coaches’ salary database, the lowest-paid head coach last year among the league’s 13 public schools was Kentucky’s Mark Stoops, who made $3.2 million. New Georgia head coach Kirby Smart will make $3.7 annually, according to reports. Vanderbilt does not release contract information.
Muschamp’s deal also includes incentives which combined can total $1.75 million. He will earn an additional $100,000 if South Carolina makes the SEC Championship Game, $150,000 if USC wins it, between $50,000 and $300,000 if the Gamecocks make a bowl game, up to $100,000 for the team’s academic performance, and $400,000 for winning the national championship.
Muschamp’s buyout is $7 million in the first year of the contract, dropping $1 million in each year thereafter. If USC terminates the agreement without cause, it would owe him 70 percent of his annual guaranteed compensation for the remaining term of the contract.
Muschamp’s pool for assistant coaches will be mutually agreed upon by the head coach and USC, and will be commensurate with other assistant pools in the SEC.
The contract also includes items such as use of two courtesy vehicles, membership at one country club and one dining club approved by USC, life and disability insurance, moving expenses for relocation to Columbia, use of a suite at Williams-Brice Stadium for home games, and 12 tickets to each regular-season away game.