Oregon
Contract details for Oregon Ducks cross country, track and field coach Jerry Schumacher
EUGENE — Jerry Schumacher’s contract at Oregon is for seven years and price over $3.4 million.
Schumacher, who was employed at UO final month, agreed to a deal that runs by means of June 2029 and can start incomes a prorated $450,000 this yr, with raises of $12,500 yearly for every of the following six years for a complete of $3,412,500.
Ought to Oregon’s males’s and girls’s cross nation groups, indoor and out of doors observe and discipline packages end within the high 4 of the NCAA a minimum of 4 occasions by the top of June 2025 and Schumacher “has constantly supported student-athlete well being, security and wellness and had developed a tradition throughout the cross nation/observe & discipline program which locations the best precedence on student-athlete expertise,” then his contract shall be prolonged by means of June 2031, based on paperwork launched to The Oregonian/OregonLive in response to a public data request. The 2 extra years would additionally embrace wage will increase of $12,500 yearly.
Schumacher additionally obtained a $35,000 signing bonus in lieu of relocation bills, which he would owe again in entirety if he left UO previous to July 1, 2023.
He’s eligible for retention bonuses of $50,000 if he’s nonetheless UO’s head coach on June 30, 2026 and $100,000 if he’s on June 30, 2029.
Schumacher’s efficiency bonus for both a males’s or ladies’s convention cross nation or out of doors observe and discipline championship is $12,500, with second place value $7,500. An NCAA championship in males’s or ladies’s cross nation, indoor or out of doors observe is value $30,000, second place is value $15,000, third place is value $10,000 and fourth place is value $7,500. A workforce educational progress charge (APR) rating of 985 or greater in any yr is value $5,000.
Ought to UO fireplace Schumacher, it might owe him all of his remaining wage for the rest of his contract time period, although there may be mitigation.
If he have been to go away UO, Schumacher’s buyout begins at $500,000 if he departed earlier than the top of June 2023 and declines by $100,000 for every of the following three years and once more after the sixth yr. If Schumacher earns the extra two years of time period, his buyout returns to $500,000 by means of June 2026 and goes down by $100,000 in every of the next 4 years.
Schumacher, who can also be sustaining his place as coach of the Bowerman Observe Membership, is ready to rent 5 assistant coaches and two directors.