Husky Football Blog
Times reporter Bob Condotta keeps the news coming about the Montlake Dawgs.
January 6, 2009 11:01 AM
Posted by Bob Condotta
Here are the contract details for Nick Holt, and turns out he's apparently not taking a pay cut to come to Washington.
Holt, UW's new defensive coordinator and assistant head coach, has agreed to a three-year contract worth $600,000 in the first year and $650,000 in the second and third years.
He also will receive a $200,000 retention bonus, payable to him up front, but it would have to be returned all or in part, on a sliding scale, if he were to leave before the end of the contract.
So in total, it's a three-year deal worth $2.1 million or obviously, $700,000 a year. Holt was thought to make around $500,000 a year or so at USC --- as a private school, USC is not required to release contract details so there are always only rough estimates of what the coaches of the Trojans earn.
That is by far the most UW has ever paid an assistant --- Ed Donatell was the highest-paid member of the old staff with a two-year contract worth $334,000 per year but it decreased rapidly from there with Tim Lappano just over $200,000 and every other assistant below that.
New offensive coordinator Jim Michalczik has a three-year deal worth $350,000 a year, which had made him the highest-paid assistant in UW history for a few weeks.
So this proves UW was especially aggressive in going to get Holt, and is making a quite an investment into its football coaching staff.
This is a high salary by the standards of any assistant anywhere.
Texas defensive coordinator Will Muschamp recently got a raise to $900,000 per year when he was named as coach-in-waiting. But I doubt there will be a whole lot of assistants nationwide making a lot more than Holt.
QUICK UPDATE --- As someone pointed out, this apparently makes Holt more highly-paid than WSU head coach Paul Wulff, who is reported to make about $600,000 a year.