Tennessee head coach Phillip Fulmer has been awarded a one-year contract extension and increased compensation following his eighth 10-win season and the largest bowl victory in school history.
The new agreement increases Fulmer’s annual total compensation package to $2.05 million and runs through Dec. 31, 2011. Fulmer’s base salary rises from $275,000 to $325,000. In addition, Fulmer receives compensation for radio and television commitments ($800,000), equipment and apparel fee ($625,000) and an endorsement and appearance fee ($300,000).
Fulmer’s new contract also includes an incentive package to reward the coach for Tennessee’s on-field success. He would receive $37,500 for a non-BCS bowl appearance, $50,000 for an SEC Eastern Division first-place tie, $75,000 for an SEC Championship Game appearance, $100,000 for an SEC Championship or a BCS game, $150,000 for appearing in the BCS National Championship Game and $250,000 for winning the BCS National Championship.
During his tenure at UT, Fulmer has a career record of 123-31.