If there ever comes a time when Mark Mangino wants out of Lawrence, no price tag is going to hold him back.
Details of the Kansas University football coach's new contract were released to reporters Monday, and while most of the 15-page agreement is standard, the fact there is no buyout clause should another program want to hire Mangino away from KU is intriguing.
Not that there's any evidence of that happening anytime soon: Mangino has spoken more than once of his desire to be at KU for the long haul. But many contracts make other schools pay a price for taking their coach. KU men's basketball coach Bill Self, for example, has a $1 million buyout clause. KU had to pay Virginia Tech more than $500,000 to lure women's basketball coach Bonnie Henrickson to Lawrence in 2004.
Athletic director Lew Perkins said Monday he was more likely to put a buyout clause in a coach's first contract following a lengthy search, rather than in an extension after the coach already had spent several years with the program. Perkins added if Mangino really wanted to leave, he wouldn't want a buyout keeping an unhappy coach at Kansas.
Other details of Mangino's contract included a made-over list of incentive payments, which increase in both challenge and value.
The big ones:
¢ Mangino gets $200,000 if KU wins the national title.
¢ For postseason games, Mangino will get $100,000 if the Jayhawks play in a BCS bowl, $75,000 if they play in a New Year's Day bowl and $50,000 for any other bowl.
¢ Mangino will receive a $50,000 bonus if KU wins the Big 12 Conference title.
¢ A $100,000 bonus is awarded to Mangino if more than 40,000 season tickets are sold by Sept. 1.
Otherwise, Mangino's contract is pretty standard, and similar to his first deal signed when he arrived in 2001.
One section is devoted to KU's options should the football program be hit with major NCAA sanctions, but as reported earlier, the wording of that section is not unlike Mangino's last contract. KU is waiting to hear back from the Committee on Infractions on 11 alleged violations committed within the department, including five in football. Mangino said he knew nothing of the violations, and evidence and testimony support his claim.
Mangino is 20-29 in just more than four seasons at KU, and has taken the Jayhawks to two bowl games during his tenure. His first contract gave Mangino more than $600,000 per year, but his latest deal, for five years, awards the coach a minimum of $1.5 million per year.
Some key provisions and perks of Kansas University football coach Mark Mangino's new contract. The deal lasts through Dec. 31, 2010. Annual salary: $220,000 to be paid in 12 equal monthly installments. That's about $18,300 per month. No less than $1.28 million annually for "professional services rendered." That includes educational, public relations and promotional duties, including radio and television shows. Key performance incentives ¢ $200,000 bonus if team wins national championship. ¢ $100,000 if team plays in BCS bowl. ¢ $75,000 if team plays in New Year's Day bowl. ¢ $50,000 if team plays in any other bowl. ¢ $50,000 if team wins Big 12 Conference championship game. ¢ $25,000 if he's named Big 12 Coach of the Year either by Big 12 coaches or Associated Press. ¢ $50,000 if he is named Coach of the Year by the Associated Press. ¢ $100,000 if the number of paid season tickets (including student tickets) meets or exceeds 40,000 by Sept. 1. Other perks ¢ Two top-of-the-line automobiles. ¢ $2 million paid term life insurance policy ¢ Travel, lodging, food and entertainment expenses for Mangino's spouse, children and son-in-law to attend KU football games away from Lawrence. ¢ 50 tickets to each home game; all will be located between the 35-yard lines. ¢ Use of one scholarship suite in Memorial Stadium. ¢ Four men's basketball season tickets; all will be located on the lower level of Allen Fieldhouse between the free-throw lines. ¢ Membership at both Alvamar Country Club and Lawrence Country Club.