Ole Miss AD Ross Bjork told me a couple of weeks ago that a restructuring of Hugh Freeze’s contract would be coming.
The school released the details a few minutes ago.
Here are the nuts and bolts: Freeze’s salary goes from $1.5 million a year to $2 million.
His contract this season called for a bonus of $100,000 for every SEC victory. It was an incentive that raised eyebrows in the off-season, but it was an incentive I liked for a coach with little experience. More than anything else, the administration wanted football to be relevant in the SEC and was willing to pay for that. Apparently Bjork liked that incentive too. That incentive remains with a slight change. The $100,000 per SEC win begins with the second SEC win, not the first one.
Freeze made an additional $300,000 with that incentive this season.
The rest of Freeze’s original contract remains the same.
The news release states that the salary pool for Freeze’s staff increases by 10 percent. It’s not an across-the-board pay raise for staff, per se, but more money for Freeze to use to reward what he considers good performance. Merit pay.