Posted by Tom Fornelli
It doesn't exactly take a genius to realize that after making the move from San Diego State to Michigan, Brady Hoke's checking account is getting a bit bigger. The only question was how much bigger would it be getting, and on Wednesday we found out. After making about $700,000 a year as head coach at SDSU, Hoke will be making around $2 million in his first year coaching the Wolverines.
According to a story in the Detroit News, Hoke has finally signed his contract, and it's a six-year deal that is worth $18 million. That $18 million does not include bonuses for postseason appearances or deferred payments. During the first year of his deal, Hoke will receive $300,000 in base salary and an additional $1.7 million for things like television and radio appearances, as well as working the rubber chicken circuit. Both numbers will increase by $100,000 in each year of the six-year contract.
This is where I'd like to let Michigan know that I'll talk about the Wolverines on television and the radio for half that $1.7 million. I'm not demanding it, I'm just asking Dave Brandon to consider it.
Speaking of Brandon, he's been very happy with the process, and feels that Hoke deserves every penny of it.
"It's really been a very positive, pleasant process from the perspective both parties were anxious to enter the agreement," Brandon told the paper. "We worked through it at a natural pace.
"If you're going to be the Michigan coach, you should be paid in the top third of the conference," Brandon said. "Brady has a big job, and Brady feels like he's being well compensated for the big job he's now responsible for. I have a happy employee, and my employee has a happy employer.
"This contract takes us well into the future, so neither of us has to worry about it. It's a nice thing to have completed. Onward and upward."