Bobo’s first multi-year deal includes details on possible NFL, college buyouts

Georgia offensive coordinator Mike Bobo’s new three-year contract allows for him to leave without financial penalty for a step up in his career.

Bobo won’t owe a buyout if he takes a position as a college or NFL head football coach or NFL coordinator job, according to the contract received Tuesday evening under an open records request by the Banner-Herald.

If Bobo leaves his job otherwise — for another college coordinator position, for instance — before Jan. 1, 2014, he will owe $125,000 in liquidated damages. That figure drops to $100,000 on or after Jan. 1, 2014 and to $50,000 on or after Jan. 1, 2015.

Georgia and Bobo, who has been on staff since 2001, agreed earlier this offseason to his first multi-year contract that will pay him $575,000 per season. The contract runs until Dec. 31, 2015, plus any postseason game.

Georgia also released a two-page amendment to head coach Mark Richt’s contract.

The UGA Athletic Association’s board approved a raise of about $400,000 raise and one-year extension through the 2017 season in February to bring his total guaranteed compensation package to approximately $3.2 million. Richt’s “media compensation” increased from $1,120,000 to $1,508,660.

NCAA doesn’t reduce Gurley suspension on Georgia appeal

by Marc Weiszer

Three weeks after Todd Gurley was first suspended by Georgia, there is finally closure. An NCAA reinstatement committee on Thursday night denied the school’s appeal to... Full Story

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