Incentives, details of termination or buyout in place in new Beaty contract

Kansas head coach David Beaty slaps hands with two-year-old Nadia Carrigan, Lawrence, as she greets the Jayhawks with her mother Kristen Carrigan before the game on Saturday, Oct. 22, 2016 at Memorial Stadium.

The University of Kansas announced Monday a contract extension with head football coach David Beaty to keep him in place through the end of the 2021 season.

While the new deal doubled Beaty’s annual base salary to $1.6 million beginning in 2017, with that amount increasing by $100,000 each year he remains at KU, the contract also includes a number of incentives.

Per the contract obtained by the Journal-World the following is a list of scenarios that would pay Beaty additional money:

• $50,000 for each non-conference FBS win

• $100,000 for each BCS/Power 5 win

• $100,000 for Big 12 regular-season championship or co-championship

• $200,000 for coaching KU in a bowl game (other than bowl games listed below)

• $100,000 for coaching KU to a bowl win (other than bowl games listed below)

• $250,000 for coaching KU in Fiesta Bowl, Rose Bowl, Orange Bowl, Sugar Bowl, Peach Bowl or Cotton Bowl

• $500,000 for coaching KU to win in Fiesta Bowl, Rose Bowl, Orange Bowl, Sugar Bowl, Peach Bowl or Cotton Bowl

• $50,000 for being named AP National Coach of the Year

• $50,000 for being named Big 12 Coach of the Year

The contract also includes details on how a termination would play out for Beaty and the university. The athletic department can terminate the deal without cause at any point, but if it does, Beaty would be owed $3 million.

Should Beaty decide to leave Kansas before the contract expires, he would owe the university varying amounts, depending on when it occurred. If Beaty left prior to Dec. 31, 2018, he would be responsible for a $3 million buyout. That amount drops to $2 million in 2019-20 and $1 million in 2021.