Curators OK five-year deal for MU football coach Odom worth $2.35 million annually

After former University of Missouri head football coach Gary Pinkel became the sixth-highest paid coach in the Southeastern Conference in April, new Tigers coach Barry Odom will find himself near the bottom of the conference pay scale with his first contract as head coach.

Barry Odom, University of Missouri football coach | Courtesy of MU Athletics
Barry Odom | Courtesy of MU Athletics

The University of Missouri System Board of Curators formally approved the initial contract for Odom, 39, on Friday. Odom, who was hired Dec. 4, will make a guaranteed $2.35 million per year for five years, according to a press release from the MU athletic department.

That includes a base salary of $450,000 plus $1.9 million in guaranteed non-salary compensation. The contract says that $475,000 of that $1.9 million will go toward radio and television appearances, public relations, apparel rights and “stewardship appearances.”

With the new contract in place but not yet finalized — the curators issued a memorandum of understanding providing “an outline of the contract’s main points” — Odom is set to be the lowest-paid head coach of the 13 public SEC institutions in terms of guaranteed money.

SEC newcomers Will Muschamp (South Carolina) and Kirby Smart (Georgia) will make $3 million and $3.75 million per year, respectively. Vanderbilt, which is a private school, does not release coach Derek Mason’s salary information.

In addition to the guaranteed money, Odom could get a $250,000 raise if he wins a conference championship with the Tigers. He could get the same amount if Missouri makes it to a “New Year’s Six” bowl game, such as the Cotton Bowl, Orange Bowl, Rose Bowl, Sugar Bowl, Peach Bowl or Fiesta Bowl.

Those raises would be added to Odom’s non-salary compensation a “maximum of one time each for the remainder of the contract term,” according to the release.

The incentive structure for Odom, a former MU player and assistant who returned to Missouri in 2015 to serve as defensive coordinator under Pinkel, will be worth up to $1.5 million in extra compensation per year. These incentives, which will be released with the final contract and are still to be determined, pertain to academic performance, athletic performance and social responsibility, according to the press release.

Odom would receive a $250,000 non-salary compensation increase should his Tigers win a conference championship, as well as a similar $250,000 increase should MU participate in a “New Year’s Six” bowl game (i.e., Cotton, Fiesta, Orange, Peach, Rose, Sugar). Those increases would be added to the non-salary figure a maximum of one time each for the remainder of the contract term.

“I’m very grateful to Mack Rhoades, Chancellor Hank Foley, President Mike Middleton, the Board of Curators and the entire university administration for this opportunity,” Odom said in the press release. “Through this process they have shown an unwavering commitment to provide us with the resources we need to attract and retain an elite staff and support our student-athletes in order to compete at the highest level.”

Despite the dip in the school’s head coach pay — Pinkel agreed to a contract extension in April to make $4.02 million per year before resigning this fall for health reasons — Odom’s new guaranteed annual salary will be a 276-percent increase compared to the $625,000 he made as Missouri’s defensive coordinator this fall.

Odom’s contract, which went into effect Dec. 3, runs through Feb. 28, 2021. There is an option for a two-year extension.

Tags:, , , , , , , , ,

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students