Penn State releases details of O'Brien's five-year contract
STATE COLLEGE, Pa. -- Coach Bill O'Brien's five-year deal with Penn State allows for the two sides to agree to an extension by 2016, or the year before his contract is up.
The contract could then be extended by one to three seasons, according to new details released this week by the university.
O'Brien signed the deal Jan. 6, when he was named Joe Paterno's successor at Penn State. The university then had said his base salary started at $950,000, with a 5 percent increase each season.
Penn State released a copy of the contract Monday online as part of what the school said was an effort to be more open and transparent.
Also released was a copy of Acting Athletic Director David Joyner's "employment agreement" worth $396,000 a year.
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