Within the span of 13 months, Danny Sprinkle went from the coach of Montana State University, to the new coach at Utah State University, and now the head coach of the University of Washington Huskies. Danny did an incredible job at Utah State, leading a completely newly built team to the outright Mountain West Championship and the first Utah State NCAA Tournament victory in over 20 years. He was named the Mountain West Coach of the Year and was a finalist for National Coach of the Year honors. Not surprisingly, Danny was one of the names mentioned for several head coach openings after the season ended, and he quickly became the front runner for the University of Washington job.
Danny has ties to the University of Washington. His father played football for the Huskies in the 1960’s and he grew up a Husky fan. It also didn’t hurt that the Huskies offered Danny a contract that was worth more than three times what he was making at Utah State. It is rumored that Utah State gave Danny a generous extension offer that would have made him the highest paid Utah State coach in history, but Utah State’s offer simply wasn’t able to compete with Washington’s.
USUStats has acquired Danny’s initial contract (Memorandum of Understanding) with the University of Washington that details his salary and potential bonuses. The contract is worth more than $22 Million over six years not including bonuses. It includes several incentive bonuses and states that the University of Washington will pay any buyout amount due to Utah State University as a result of Danny leaving his coaching job there. USUStats contributed fifteen cents to the cause by paying the required fee to acquire the initial contract document from Washington. See the details below:
Annual Guaranteed Salary
Year 1 – $3,200,000
Year 2 – $3,300,000
Year 3 – $3,600,000
Year 4 – $3,800,000
Year 5 – $4,000,000
Year 6 – $4,200,000
The base contract guarantees six years starting at $3.2 Million with $200,000 raises each year with the exception of year 2 which offers a $100,000 raise, followed by a $300,000 raise in year 3.
Bonuses:
APR >= 950 = $50,000
APR >= 960 = $75,000
APR >= 970 = $100,000
Conference Champion (or Co-Champion) = $100,000
Conference Tournament Champion = $100,000
Team qualifies for the NCAA Tournament = $100,000
Each win in the NCAA Tournament = $50,000
Conference Coach of the Year Award = $50,000
National Coach of the Year Award = $100,000
Buyout Details:
University of Washington will cover the cost of any payment owed to Utah State for terminating the coaching contract early.
If Coach Sprinkle leaves University of Washington for a coaching position at another college or pro team he will pay liquidated damages according to the following schedule:
- During Contract Year One = $6 Million
- During Contract Year Two = $5 Million
- During Contract Year Three = $4 Million
- During Contract Year Four = $3 Million
- During Contract Year Five = $1 Million
- During Contract Year Six = $0
Danny’s initial contract can be accessed or downloaded by clicking on the image below:
What do you think of Danny’s new contract? Will he succeed at Washington? Comment below.