ESPN is reporting that Bill O'Brien is set to receive a $1 million raise, effective July 1st (LINK).
STATE COLLEGE, Pa. -- Penn State Nittany Lions football coach Bill O'Brien is getting a $1 million pay raise after a successful debut in Happy Valley.
O'Brien's deal when he arrived in January 2012 called for a base salary of $950,000. That's going up to $1.9 million starting July 1, according to contract terms released Thursday by the school.
Counting compensation for radio and television work and a Nike contract, O'Brien's total deal this year would be worth more than $3.2 million.
One thing that confused me though, was this:
The base salary would go back down to $1.1 million in 2014 before a raise to $1.6 million in 2015.
Since his salary will go back down, is this really more of a bonus than a raise?
Regardless of your stance on the whole PSU issue, I think everyone can agree that he's done an admirable job of keeping the ship afloat in Happy Valley. Things are only going to get tougher though in the next few years. I think the raise is well-deserved, and it's apparent that PSU is willing to do whatever it takes to keep him on board. If they can keep him there through the worst of this mess, I think they'll make a quick return to the upper tier of the B1G, which has positive long-term implications for the rest of the conference.