By Jeff Faraudo
Monday, February 4th, 2013 at 6:46 pm in Football.
Former Cal football coach Jeff Tedford will collect as much as $5.55 million after a settlement with the university following his termination after 11 seasons.
Tedford’s coaching contract, which extended through the 2015 season, called for him to earn a total of $6.9 million over that period.
According to terms of the settlement, Tedford and the university agreed to share evenly any amounts above $1.5 million that Tedford earns if he accepts a college head coaching job or NFL head coaching or assistant position before Dec. 31, 2015.
Cal already has paid him $150,000 this year and will pay him an additional $1.65 million on or before April 1. He will be paid $1.8 million by that same date in 2014, and $1.95 million by that date in 2015.
Tedford was the winningest coach in Cal football history, compiling a record of 82-57 record from 2002 through 2012. He was 5-3 in bowl games. Cal fired him after this season, when the Bears posted a 3-9 record.
“During his tenure at Cal, Jeff Tedford deeply cared for his student-athletes, their performance on the field and in the classroom, as well as their families, this department and the entire university,” athletic director Sandy Barbour said in a statement. “We appreciate all that Jeff contributed to Cal’s reputation for excellence during his 11 years at the University and wish him well in all his future endeavors.”
Tedford, in a statement, said “I am proud of all the accomplishments we achieved together at Cal, both on and off the field, and the manner in which we raised the program’s national profile and expectations. “I am honored to have played a role in the renovations to California Memorial Stadium, and in improving the facilities, with the goal of enhancing the experience for the entire Golden Bear community.
“I look forward to maintaining my strong personal bond with my former players and staff, while pursuing the next chapter in my professional career.”
[You can leave a response, or trackback from your own site.]