UPDATE: Missouri football coach Gary Pinkel agrees to new contract through 2020

Thursday, March 6, 2014 | 10:38 a.m. CST; updated 1:49 p.m. CST, Thursday, March 6, 2014
Missouri head coach Gary Pinkel and players, including offensive linesman Robert Luce and defensive lineman Michael Sam, prepare to take the field Jan. 3 for the Cotton Bowl game against Oklahoma State in Arlington, Texas. A new contract for Pinkel guarantees him $3.1 million a year through 2020.

COLUMBIA — The wallets of the Missouri coaching staff are going to get a bit thicker.

A new contract for Missouri football coach Gary Pinkel was approved on Wednesday by the University of Missouri System Board of Curators, giving Pinkel a guaranteed $3.1 million a year through the end of 2020.

The previous contract, signed April 2011, guaranteed Pinkel $2.8 million a year.

For the 2013 season, Pinkel was the 20th highest-paid head coach at the Football Bowl Subdivision level, formerly known as Division 1 in the NCAA, making him the eighth highest paid of the 14 coaches in the Southeastern Conference.

MU Athletic Director Mike Alden said Thursday morning, when details of the contract were released, that the new deal would likely place Pinkel in a similar standing. (Click here to see his entire contract.)

"We will work very hard to continue to build our program and to graduate our players," Pinkel said in a release handed out Thursday morning at a news conference in Mizzou Arena. "It's important for our program to keep moving forward and build on a solid foundation."

According to a summary of the contract, provided by the Athletics Department, Pinkel's base salary remained at $350,000, but his apparel, radio, TV and booster categories rose from $467,500 to $617,500. His camp pay will remain at $280,000.

Pinkel also receives a $100,000 boost in guaranteed pay for every season on the contract.

"I don't think that there's a correlation between an increase to higher successes," Alden said. "I think the fact is that we stay and continue to build the foundations we're building and keep doing the things we've been doing."

Pinkel's contract also updated incentive amounts, which are determined by the coach's progress and goals met throughout the season. If Pinkel were to max out the incentives, he would receive an additional $1.825 million.

Incentives included $200,000 for winning the SEC Championship, a $400,000 bonus for a 14-win season, $450,000 for a national championship and an extra $100,000 for National Coach of the Year.

Pinkel will also receive bonuses for making postseason bowl games. Higher dollar amounts are awarded for high-profile bowl games, such as the Orange Bowl or Sugar Bowl.

There are also penalties for terminating the contract. If Pinkel ended the contract, he would owe a flat rate of $500,000. If the university decided to end it, the university would owe Pinkel $350,000 multiplied by the number of years left on the contract.

The new contract also gives Pinkel power to divide $3.2 million among his nine assistant coaches. Offensive coordinator Josh Henson will receive $550,000, while defensive coordinator Dave Steckel, the highest-paid assistant, will receive $600,000.

Coordinators are still signed to two-year deals, Alden said.

Missouri’s staff was the 24th highest-paid in FBS in 2013, but 10th in the SEC. Missouri’s staff pay in 2013 totaled $2.66 million.

Pinkel, 61, has a head coaching record of 102-63 in 13 seasons, the most wins in team history. Missouri finished the season 12-2 with an SEC East Division title and a No. 5 ranking in the Associated Press Top 25 poll -- the second-highest season finish in program history.

Alden said he will have high expectations for Pinkel, but still feels confident in the coach for the future.

"I've worked with him for 13 years, and I think he has been pretty vocal on how much he cares about Mizzou, how much he wants to be here," Alden said. "We know that he is a Missouri Tiger. We know he believes in it. We know he's had opportunities to do other things, and he's stayed true and committed to this institution."

Supervising editor is Sean Morrison.

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