Penn State football coach Bill O'Brien receives $1 million raise
Penn State's head football coach Bill O'Brien received an amended contract including a substantial raise, reports ESPN's Adam Rittenberg. O'Brien, who joined the team 16 months ago, had his base salary increased from $950,000 to $1.93 million. The contract is a five-year deal that includes a decrease in 2014 and then 5 percent increases in each year that follows. The average spread across the 2013-2016 period is $3.2 million per year. There are additional performance incentives for a division title, a Big Ten titles, making a bowl game and winning the national championship.
Additional amendments to the contract are possible, depending on O'Brien's success. (The revised contract is here.)