UCF announced Gus Malzahn as the new head football coach on Monday — here’s what is known about his agreement with the university:
The employment contract — which UCF has not yet presented according to this agreement — will be for a period of five years, ending Dec. 31, 2025. He will earn $2.3 million per year, records show.
- He will have the full standard benefits on the same terms as provided by UCF Athletic Association to all professional employees.
- Reimbursement of household moving expenses in accordance with UCFAA policy.
- Relocation allowance of $20,000 paid to Coach within 30 days of the Effective Date.
- Use of vehicle provided by UCFAA.
- Membership at Interlachen Country Club subject to club’s application process.
- Salary pool for ten full-time assistant coaches is listed as $3,300,000 annually.
The new head coach will have the authority — subject to the reasonable approval of the AD and to budgetary limitations established by the football program — to hire, manage, discipline, and terminate assistant coaches and other staff members who report directly to him, the agreement reads.
The full Memorandum of Understanding can be read here.
Buyout/Termination Clause:
“It is with great anticipation and enthusiasm that I offer you the position with UCFAA of Head Football Coach at the University of Central Florida,” the agreement reads.
This is developing and will be updated with new information.
Check back with Knight News for updates.
