On January 2, 2019, Dana Holgorsen and Chris Pezman signed the memorandum of understanding (MOU) to formalize Dana’s hire. Here, we breakdown the MOU and highlight some of the terms that are different from previous contracts for UH head football coaches.
A few items we knew:
- Dana’s annual base salary is $300,000 per year.
- Non-salary compensation starts at 3.4 million in 2019 and escalates each year. It tops off at $4 million in 2023.
- Dana owes $12.9 million if he leaves in calendar year 2019. His buyout decreases yearly until it reaches $1,000,000 in 2023. The biggest decrease happens on January 1, 2020, when the buyout reduces $3.8 million.
Special: $30 OFF THE 1ST YEAR
Subscribe to GoCoogs.com to gain access to our premium, year-round HOUSTON COUGAR coverage. And now you can get a subscription to GoCoogs for just $49.99 for the first year – that’s $30 off our regular price!
1 Year Subscription – $49.99
*After year one, your subscription renews at the regular price of $79.99.