New Bowden Contract Ends Alabama Rumors
|2000-11-11 01:44:42.0- -|
CLEMSON — The much-rumored new contract for Clemson coach Tommy Bowden
finally came to fruition Friday afternoon, putting to rest any ideas of his
leaving the school for Alabama.
Bowden signed a seven-year deal, which now runs through the 2007 season and
will pay him a minimum of $1.1 million per season. With bonuses and
incentives, the contract could be worth $1.5 million per year, depending on
number of regular season wins and postseason performance.
The basic compensation package is funded through revenues generated by the
athletic department, as well as outside radio/TV money, endorsements and
For Bowden, the timing couldn't have been better.
"This is the place I'd like to spend the rest of my career," he said in a
hastily-called teleconference late Friday afternoon. "It doesn't take long to
realize this is a special place. I like to work, have a hamburger and go home
in a small-town atmosphere. That might not appeal to all coaches, but it does
Obviously having Bowden around appeals to the Clemson administration, too.
Though both Bowden and Athletic Director Bobby Robinson Friday said talks to
extend the contract initially began after the third or fourth week of the
season, the heat obviously turned up when Alabama expressed an interest in
the second-year coach.
Bowden never publicly acknowledged whether or not Alabama had contacted him
at any time in recent weeks, and continued to downplay the issue Friday.
"All I can say is I was not contacted by the Alabama athletic director,"
Asked if Crimson Tide officials had contacted him, Robinson sidestepped the
"I could (elaborate), but I won't," he said. "If someone from Alabama wants
to talk about it, that's fine."
Bowden took over the Clemson program following the 1998 season, which saw the
Tigers finish 3-8 under Tommy West. The team finished 6-6 in his first year,
including a loss to Mississippi State in the Peach Bowl.
Clemson started this season 8-0 and was ranked as high as No. 4 in the
country, before consecutive losses to Georgia Tech and Florida State. The
Tigers close out the regular season next Saturday by hosting South Carolina,
and appear to be headed to a New Year's Day date with the Gator Bowl in
All this proves, Robinson said, that the program is headed in the right
"We're convinced this is the right person for Clemson University," Robinson
said. "That's why we pursued (the new contract)."
The deal was rumored to be ready to sign as early as Monday of this week, but
Bowden said the schedules of himself, Robinson, Clemson University President
James Barker and the school's legal counsel kept the final details from being
worked out until Friday.
"There was no snag in the deal," Bowden said.
Terms of the contract include:
— Contract ends January 1, 2008
— Base Salary: $ 165,500/year (effective January 2001)
— Annuity: $ 30,000/year
— Radio/TV: $ 554,500/year (effective Fiscal Year 2001-2002)
— Endorsement/Speaking Engagements: $ 350,000/year (effective Fiscal Year
REGULAR SEASON INCENTIVES
— Payable each year, but added to $ 25,000 for 8 regular-season wins buyout
that Coach Bowden has to $ 50,000 for 9 regular-season wins pay should he
leave for another school $ 75,000 for 10 regular-season wins (effective
Fiscal Year 2000-2001) $ 100,000 for 11 regular-season wins
— For winning a regular season Atlantic Coast Conference Championship: $
— For participation in a postseason bowl game: 1/12 of annual base salary;
— For participation in a BCS Series game: an additional $ 25,000;
— For winning a National Championship: an additional $ 100,000;
ANNUAL COMPENSATION INCENTIVES
Wins/Year Compensation Increase
— 5 wins Discretion of the Athletic Director within normal University
— 6 wins 6% increase of base salary
— 7 wins 7% increase of base salary
— 8-9 wins 10% increase of base salary
— 10 wins 10% increase of base salary, plus 5% increase in remaining package
— 11-12-13 wins 10% increase in overall package
TERMINATION WITHOUT CAUSE BY UNIVERSITY
— If the University terminates Coach Bowden without cause, the University
would fulfill the following buyout schedule.
Number of Year Remaining on Contract Buyout
— 7-6-5 Years $ 1,000,000
— 4-3 Years $ 750,000
— 2-1 Years $ 500,000
TERMINATION OF CONTRACT BY COACH BOWDEN
— Existing contract/agreement remains in force, plus the total amount of
regular season incentives (Number of years remaining on the contract
multiplied by the base salary, plus $ 1.2 million, plus the regular season
incentives accumulated during
the years of the contract.)