When Boise State first announced Chris Petersen's new contract, it was announced that Petersen would be getting a five-year deal worth $12 million. Well, it turns out that the deal isn't for quite that much, but it isn't much less either, as Petersen will get $11,748,333 over the five years of the deal.
Which should be enough to get by on in Boise, Idaho.
As for the details of the contract, which are conveniently laid out by the Idaho Statesman, Petersen will get $1.7 million in 2012 with that number incrementally increasing until it hits $2.5 million in 2016.
The contract will also automatically extend for another season anytime Boise State manages to win 8 games in a season, which given Petersen's track record at the school and his seeming lack of desire to leave, means it could go on forever.
Petersen will also receiver a bonus of $80,000 for winning a conference championship, $35,000 for every bowl appearance, $150,000 for a BCS bowl appearance, and $250,000 for a title game appearance. He'll also get an additional $40,000 every time Boise State's APR score is higher than 955.
As for the number that every college football fan hoping to see their head coach fired soon is wondering about, the buyout, it's set at $750,000.