The Boise State Broncos went through an interesting season in 2023 that saw them fire head coach Andy Avalos late in the year. They elevated Spencer Danielson to lead them at that point, and he led them to a Mountain West Championship.
Now, the Broncos made him the full-time head coach, and it’s time to examine Danielson’s salary, contract, and net worth.
Spencer Danielson’s Salary and Contract in 2024
Danielson signed a five-year, $6.535 million contract to become the next head coach at Boise State and even received an immediate $35,000 signing bonus. His salary starts at $1.1 million and increases annually by $100,000.
- Contract Year 1 salary: $1,100,000
- Contract Year 2 salary: $1,200,000
- Contract Year 3 salary: $1,300,000
- Contract Year 4 salary: $1,400,000
- Contract Year 5 salary: $1,500,000
A big reason why Boise State kept Spencer Danielson around was his 3-1 finish with a conference championship win. Throw in the support he received from the players, and the coaching search solved itself fairly quickly.
Hiring the right staff is one of the best ways to ensure success in college football. To that end, Danielson received over $3 million in funds for his support staff, which is detailed below:
- 10 Assistant Coaches: $2.5 million
- Operations/Quality Control/Sports Performance Staff: $720,000
- Four Graduate Assistant Coaches: $100,500
If Danielson leaves Boise State for another job, he would need to pay a buyout to the school.
The amount diminishes over time, with the full details of the contractual get-outs listed below:
- Termination of contract by Danielson before February 28, 2026: $2.5 million
- Termination between March 1, 2026 and February 28, 2027: $1.5 million
- Termination between March 1, 2027 and February 28, 2029: $500,000
Danielson served as the defensive coordinator for the Broncos before becoming the interim head coach.
He earned $425,000 in that role, making him the highest-paid assistant coach in Boise State history. His defense finished Top 25 in multiple statistical categories this past year, leading to his promotion.
Danielson’s Net Worth
Like many other coaching contracts, Danielson’s deal includes various incentives. Some details of his contract include:
- Mutually agreed upon athletic and academic performance incentives up to $200,000
- Retention bonus of $300,000 if he’s still the head coach in April 2027
- Retention bonus of $200,000 if he’s still the head coach in February 2029
- Use of one courtesy car vehicle
- Moving expense reimbursement of $15,000
- Spouse travel to all away games and postseason bowl games
- Complimentary tickets to Boise State sporting events.
MORE: Top 10 Highest-Paid College Football Head Coaches in 2024
While details weren’t released about athletic incentives, Danielson most likely would receive bonuses for making bowl games, a College Football Playoff appearance, reaching a certain number of wins, and many other possible achievements.
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