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|Illinois Trustees to Consider Beckman Contract
|CHAMPAIGN, Ill. (AP) -- When they meet Jan. 19, University of Illinois trustees are expected to approve a contract to pay new head football coach Tim Beckman $9 million over five years, plus incentives.
Beckman will be paid $1.6 million his first year. That figure will grow by $100,000 each year through the end of the contract.
Beckman will be paid another $150,000 if he stays through 2015 and $350,000 if he stays through the contract. Illinois also will pay him $130,000 to buy out his contract at the University of Toledo.
Performance-based bonuses of up to 13 percent of his annual salary are also possible, and Beckman will be provided two vehicles.
The new coach will have $2.8 million to pay assistants.
Beckman was hired last year after Ron Zook was fired.
(Copyright 2012 by The Associated Press. All Rights Reserved.)