Details from Wilson’s memorandum of understanding

We got a hold of Kevin Wilson’s memorandum of understanding, which apparently has not yet been committed to a formal contract. Some of these details were already reported by Lamond Pope of the Fort Wayne Journal Gazette. Some weren’t. They follow.

  • Wilson’s annual base salary, the part that the university/athletic department is responsible for, is $500,000.
  • Wilson makes $600,000 from “outside, marketing and promotional income.” That money comes from Wilson doing public appearances and communications, cooperating with television and radio broadcasts (including coach’s shows, etc.), and cooperating with sponsorship agreements.
  • Beyond that, Wilson gets a $100,000 stipend to pay for certain incidental expenses. Examples given in the memorandum included a vehicle for Wilson’s spouse, social club memberships, entertainment for football staff/families, the purchase of a cell phone, IPad or other electronic devices, family travel or childcare.
  • The bonus structure of the contract has not been finalized yet, but the memorandum says it will be “competitive with the Big Ten and other major public universities programs.”
  • The buyout for the contract if Wilson choses to leave is a flat $500,000 no matter when he makes the move within the contract.
  • If Wilson is fired without cause, he will be paid his base salary ($500,000) for the remaining duration of the contract.
  • The contract will include the following additional perks: eight football season tickets, three season parking passes, 25 single game tickets for each home games, 15 single game tickets to each away game, eight tickets to any bowl game IU may reach, the use of the fully-catered head coaches office/suite for all home games, eight men’s basketball season tickets, two men’s basketball season parking passes, a family membership to the IU Golf Course and driving range, a family membership to the IU Tennis Center, a personal Adidas family clothing allowance of $10,000, a cell phone stipend of $150 per month, professional association fees, convention travel and other professional development expenses, transitional housing and up to $20,000 for moving expenses.

9 comments

  1. So I didnt know that BenJarvus Green-Ellis went to IU for his freshman and sophomore year and then transfered to Mississippi State. He is playing great at New England. Crazy stuff, can we call him a Hoosier?

  2. For his bonus incentives they should be as follows.
    If the IU defense holds any team to less than 21 points $25,000.00
    For every Big 10 win $50,000.00.
    If they make it to a bowl game $100,000.00.
    If they win the bowl game $150,000.00.
    I don’t see him collecting any of these incentives for at least a couple of years but it good to have goals.

  3. OK, I get the rest of the numbers in Wilson’s contract,….. but $10,000 worth of adidas clothing? Geez, how much do a couple of sweatsuits, socks, and shoes cost?

  4. BJGE went to IU for only his freshman year, and started quite a few games as a true freshman. He left when DiNardo got fired, and transfered to Ole Miss.

    But looking at his perks – I need to get in good with him. I’d love the use of the fully-catered head coaches office/suite for home games.

  5. Glad there were no penalties for having run ins with dorm RA’s. I can’t beleive that Matt Weaver, at Peegs, stifled the story, would not let it be talked about…..nice. The main thing I see about the incident is that we have a AD who has the backbone to standup and make the head football coach apologize, that didn’t happen 30 yrs ago and we lost a great basketball coach for it…..GO IU

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