After a successful six-year run with the Purdue Boilermakers, Jeff Brohm left the school to join his alma mater Louisville Cardinals as their head coach. We will look at his new contract with Louisville, what salary the school is giving him, what his net worth is, and other aspects of his contract.
Jeff Brohm’s Salary and Contract in 2023
Back in December, after an 8-5 record with Purdue in the 2022 season, Brohm resigned from Purdue to join Louisville to be their next head coach. Brohm agreed to a six-year, $36 million deal with Louisville that will have him at the school through the 2028 season.
MORE: Louisville Cardinals Coaching Staff
In 2023, Brohm will earn $5 million in his first season with the program. His salary will increase by $100,000 each season after that until 2028 when his final salary will be $5.5 million. Here is the full breakdown of his salary through the next six years:
- 2023: $5 million
- 2024: $5.1 million
- 2025: $5.2 million
- 2026: $5.3 million
- 2027: $5.4 million
- 2028: $5.5 million
His contract also includes one-time guarantee payments each season as long as he is still employed with the school. For the 2023 and 2024 seasons, he will receive a one-time payment of $500,000 each season. In 2025 and 2026, Brohm will collect $750,000 payments each year. His final two seasons will see another increase as it goes to $1 million each year in 2027 and 2028.
Brohm’s contract also includes incentives based on the performance of the team. Here are the incentives on his contract:
- Six wins on the season/bowl game appearance: $100,000
- Top Tier Bowls (New Year Six Bowl Game or Top Three ACC Bowl Game): $200,000
- Appearance in College Football Playoff: $250,000
- Top Four Seed in College Football Playoff: $400,000
- Appearance in National Title Game: $500,000
- Winning National Championship Game: $750,000
Other key information from his contract includes that he is eligible to receive a two-year contract extension if the team is performing well. If the school fires Brohm without cause, then he will be owed 100% of his remaining salary and if Brohm quits then he will have to pay the school back $1 million.
Jeff Brohm’s Net Worth
While Brohm’s net worth is not public knowledge, USA Today reported that Brohm had a base salary of $5.1 million. His range of net worth would be between the $5 million to $6 million area. His bonuses and incentives he could potentially receive should see him surpass $6 million this year.