si.com
Quote:
S.C. to give Spurrier bonus if he stays
COLUMBIA, S.C. (AP) -- Steve Spurrier has another reason to stick around South Carolina.
The university's Board of Trustees approved a tax-deferred retirement package Friday for Spurrier's contract that would pay the football coach $1 million if he remained with the Gamecocks the next four seasons.
The money would accrue in installments of $250,000 the next four years and would be given to Spurrier if he's still at South Carolina by Dec. 31, 2011. Spurrier would forfeit the package if he left the school before then.
Spurrier makes about $1.75 million a year. He was given a one-year contract extension and a raise of about $500,000 after the 2006 season when the Gamecocks finished with three straight victories, including wins over rival Clemson and Houston in the Liberty Bowl.
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