TheCatsDomain.Com Message Boards: Mark Stoops’ New Contract Extension: What You Need To Know

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Posted by eleem (Member # 884) on 10-31-2014, 03:33 PM:

Mark Stoops is set to be the head football coach at the University of Kentucky through the 2019 season after signing his second extension in six months earlier today. Mitch Barnhart said the new deal isn’t to reward Stoops for his five wins this season, but because the way things are headed under Stoops’ direction. “This is about the general trajectory and direction of our program,” said Barnhart. “That is what this is about.”

Stoops, who insists he has no interest in leaving Lexington any time soon, told reporters it was a short conversation before signing the new deal and he didn’t think twice about it. He feels the commitment from the university and its athletic department and he is equally committed in return. “We’re committed to each other.”

As for the actual deal, you can find every thing you need to know, short and simple, listed below:

— The deal has no buyout. Barnhart said he doesn’t believe in buyouts. He wants coaches who want to be at Kentucky.

— The compensation for his final season in the contract went from $2.65 million in 2018 to $4.25 million in 2019. The new guaranteed numbers look like this: $3.25 million, 2015; $3.5 million, 2016; $3.75 million, 2017; $4.0 million, 2018; $4.25 million, 2019.

— Stoops will earn a $250,000 bonus for every win past his sixth each season. So when he wins 10 games in 2015, Mrs. Stoops is getting a brand new car!

— He will earn $200,000 if UK wins the SEC Championship or plays in a BCS bowl. I will be getting a brand new car if either of those happen, on my own dime.

— He will earn another $200,000 if UK wins the National Championship. We will burn several cars, new and old, if that happens.

— Coach Cal thinks Mark Stoops is the perfect fit:

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