After both major parties involved — Michigan athletic director Dave Brandon and new football coach Brady Hoke — insisted finalizing Hoke's contract was not a priority, they have reached an agreement. Hoke on Monday signed a six-year contract worth $2 million the first year, according to Brandon. The base salary is $300,000, with $1.7 million in additional compensation. The contract, which goes through December 2016, will be publicly released this morning.
Hoke will get a $100,000 increase in salary each year through the six years of the contract. There's a stay bonus of $1.5 million after coaching three seasons, and another $1.5 million after the sixth.
Also in the article is this new video of spring practice: