NCAA Sanctions Trigger Contract Extension For Bill O’Brien
Penn State football coach Bill O’Brien automatically received a four-year contract extension when the program was hit Monday with NCAA sanctions, according to a report by the Centre Daily Times.
The newspaper said it had obtained a copy of the addendum to O’Brien’s contract and said the agreement was reached in January, when the coach was first hired, to allow for reaction to potential sanctions by the NCAA.
The document, dated Jan. 6, 2012, and signed by interim athletics director David Joyner, reads:
“Any sanction by the NCAA of a) loss of scholarships or b) bowl eligibility due to the actions of the previous staff or lack of institutional control prior to 2012 will immediately result in an automatic extension of coach’s contract at 2016 total compensation and bonus package in years equal to the number of years of the sanctions.”
O’Brien’s original deal was for five years with a base annual salary of $950,000 and built-in annual raises of 5%.