Iowa State will receive a large payment if another program tries to hire football coach Matt Campbell after the 2018 season, according to the Des Moines Register.
Campbell’s new contract with the Cyclones includes a $7 million buyout if he leaves before Feb. 1, 2019, per the report. The cost of buying out Campbell will drop by $1 million each year he stays through the contract’s end date in 2023.
His contract includes a clause, however, that decreases the buyout by 50 percent if Iowa State athletic director Jamie Pollard leaves the university.
Campbell received his new contract last November in the midst of Iowa State’s remarkable 2017 run. Another huge campaign in 2018 could entice a bigger program to throw the bank at Campbell.
Campbell likely isn’t going anywhere short of an Ohio State, Michigan or the NFL, according to the Des Moines Register’s Randy Peterson. It’s also unlikely any of the top college football jobs will be open anytime soon.
Campbell has a good thing going in Ames, and he’s getting paid like it.
The Iowa State coach is set to make $3.5 million in 2018 and his contract includes several incentives if he wins the Big 12 regular-season title and championship game.