/cdn.vox-cdn.com/uploads/chorus_image/image/59081845/usa_today_10709121.0.jpg)
So I got a hold of some details regarding Nate Oat’s contract. Here is the 10,000 foot view”
Salary
- Base Salary = 600,000
That’s more than UB had reportedly offered Bobby Hurley back in the day. And Oats has earned every penny
- Auto Allowance = 400$ per month
Oats has to pay for the car, the insurance, and everything. But he gets a 400$ stipend per month to conduct UB coaching duties.
- 14 Season tickets to games
- Cell phone / computer / and iPad
And the school will cover all data
Incentives
Mid American Conference
- MAC Regular Season Championship - 1/12th of his base salary
- MAC Tournament Championship - 1/12th of his base salary
NCAA Tournament
- NCAA Tournament Round of 32 - 10K (And a matching amount for assistant pool)
- NCAA Sweet Sixteen - 15K (And a matching amount for assistant pool)
- NCAA Elite Eight - 20K (And a matching amount for assistant pool)
- NCAA Final Four - 30K (And 20K for assistant pool)
- NCAA Championship Game - 40K (And 30K for assistant pool)
- NCAA Championship Win - 75K (And 50K for assistant Pool)
NIT Appearence
- NIT at large bid - 5K (And 2.5K for assistant pool)
- NIT second round - 5K (And 2.5K for assistant pool)
- NIT quarter final - 5K (And 2.5K for assistant pool)
- NIT semi-final - 5K (And 2.5K for assistant pool)
- NIT finals - 5K (And 2.5K for assistant pool)
- NIT Championship - 10K (And 2.5K for assistant pool)
Professional Recognition
- MAC Coach of the year - 10K
- Regional / District Coach of the year - 10K
- National Coach of the Year - 25K
GPA
- Team 2.8 GPA - 2.5K per semester
If we fire Oats (yeah, like that will ever happen)
- University is fully responsible for the entirety of the remaining contract
- Oats is obligated to make a good faith effort to find work, then the University pays the difference
If Oats is hired away
- 2018-2019 -> 1,000,000 dollars to the University
- 2019-2020 -> 500,000
- 2020-2021 -> 400,000
- 2021-2022 -> 350,000
- 2022-2023 -> 300,000