Oregon Ducks extend Chip Kelly
The Oregon Ducks football club has extended head coach Chip Kelly, signing him to a six-year contract. The contact is worth $20.4 million and will see Kelly earn an average of $3.4 million per-season.
The contract makes Kelly the second highest paid coach in the PAC-10 next to USC Trojans head coach Lane Kiffin.
The contact signed by Kelly is filled with incentive bonuses. The coach will receive the bonuses based on conference championships, national rankings, national championships and the academic success of his team. The incentives are at their peak in 2011 and
gradually drop off as the contract progresses.
Kelly is due to make $2.4 million this season and made $1.8 million just a season ago. The extension will see the head coach with the school until at least 2016.
Kelly came over from New Hampshire in 2007 to act as the Ducks offensive coordinator. He led the offence through the 2008 season until he was promoted in 2009. In his first year as coach Kelly impressed by helping the Ducks to a 10-3 record on their way to
a PAC-10 championship and a Rose Bowl victory. In addition, Kelly was also named the conference coach of the year.
Oregon’s athletic director Rob Mullens spoke about the new contract, saying. “Chip Kelly’s track record in a short amount of time speaks volumes for his character, integrity and ability to lead this program to a new set of standards. It became clear before
my arrival at Oregon that retaining him to head the university’s football program was a priority. This is an investment in the future success of Oregon athletics and an investment in retaining one of the brightest college coaches in the country.”
Kelly has continued his winning ways this season, as his Ducks are currently ranked fourth in the nation and carry a 4-0 record into week five.
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