AUBURN – Auburn has made a major commitment to head coach Gene Chizik as he heads into his third season, national championship in hand.
The athletic department released today a copy of Chizik’s contract, which pays him $3.5 million plus incentives through the 2015 season.
If Auburn chooses to fire Chizik after one season, it would be called on to pay him $10 million. The and Gene Chizik made a significant Jan. 1, 2011 through Dec. 31, 2015. If Chizik were to leave, he would owe the university $3.5 million.
The buyout that would be owed Chizik decreases with each year of the contract. He would be owed $7.5 million after two years, $5 million after three and $3.5 million after four.
More details on Chizik’s contract and those of his assistants to come.
Already have an account? Sign In