A contract extension for UGA defensive coordinator Todd Grantham will be worth a $75,000 raise, bringing his salary to $825,000, according to a draft of the deal obtained Friday by Dawgs247.
Grantham's amended contract, which is still in the draft stage and has yet to be signed by parties, would be through Jan. 31, 2015.
At $825,000, Grantham would be one of the nation's best-paid assistants but still fourth among SEC defensive coordinators. Per various reports, LSU's John Chavis ($1.1 million), Alabama's Kirby Smart ($950,000) and Auburn's Brian VanGorder ($850,000) make more.
Per terms of the deal, Grantham does have a contractual buyout should he choose to break the contract by leaving UGA, but the buyout would be waived if Grantham leaves to become a head coach in the NCAA or NFL or accept an NFL defensive coordinator position.
Otherwise, Grantham would owe anywhere between about $40,000 and $80,000 if he leaves in the first (depending on the date), roughly $40,000 in the second year and barely anything in the third year. This is far less than the terms of Grantham's initial UGA contract.
If UGA fires Grantham before the end of the day, the University would owe him $400,000 annually through the remainder of the existing contract.
In addition, Grantham's contract contains the following performance bonuses: BCS title ($150K), BCS title game appearance ($120K), BCS bowl ($100), Tier 1-3 bowls ($75-25K), SEC championship game win ($75K), SEC championship game appearance ($50K).