Brady Hoke signs 6-year deal with the program

ANN ARBOR,MI-- Brady Hoke just months from being hired as the head man 

for the Michigan football team, today signs a 6-year deal with the program that will keep him in the great state of Michigan for a while making an average annual salary of $3.25 Million.

Coach will make 2 million this year plus bonuses for staying with the program three years.

Via annarbor.com official news of Ann Arbor,Mi.

Hoke's contract calls for a base salary of $300,000 per year, with additional compensation of $1.7 million this season, which covers television and other media appearances, a shoe and apparel deal and more. The additional compensation rises by $100,000 each year.

Hoke also can earn a $75,000 bonus this season for reaching a bowl game. That amount climbs to $125,000 if Michigan plays in the Capital One Bowl or Outback Bowl. If Michigan plays in the inaugural Big Ten championship game on Dec. 3, Hoke will earn a $300,000 bonus or $500,000 if the Wolverines win the conference title game. The amount of those potential bonuses rises in each year of the contract, but he's only entitled to the highest single bonus each season.

Each year Hoke remains with the program, he will earn a $500,000 bonus, but he will not receive the bonuses from the first two years until he completes his third season. And he will not receive the bonuses from the fourth and fifth seasons unless he completes a sixth season with the Wolverines.

Hoke's deal includes a buyout if he is fired while under contract. If he's fired this season, he'd get an $8 million settlement. That amount slides each year to $2 million in year five and six.

Also in the contract:

• Michigan agrees to pay the $1 million buyout clause in Hoke's San Diego State deal.

• Hoke has an apparel allowance of $4,000 per year

GO BLUE!!