Steve Spurrier (David Manning-USA TODAY Sports)
Columbia, SC (WLTX) - University of South Carolina Head Coach Steve Spurrier has gotten a pay raise, upping his salary to $4 million a year.
School trustees approved the new deal in a teleconference Thursday morning.
The deal also includes a contract extension through the 2018 season, and a bonus of $550,000 if he wins the National Championship.
Spurrier previously had been making about $3.3 million a year.
"We appreciate the attitude of the Board of Trustees in keeping our salaries competitive with the rest of the SEC," Spurrier said in a statement. "We all hope to coach here many more years and we still have some goals that have not been accomplished yet."
During his nine years at Carolina, Spurrier has led the Gamecocks to unprecedented success, including three straight seasons of 11 wins. He's also the school's all-time leader in career victories, with 77.
Suprrier will also receive a "Special Assistant" position with the University President once his coaching career at USC ends. It would involve promoting the university, and comes with the condition that he must remain in Columbia.
USC Athletics Director Ray Tanner says he began talking to Spurrier about an extension and raise as soon as the regular season ended. He says Spurrier wanted to make sure that his assistants got an increase.
To that end, all of his assistants got new raises and a new two-year contract that keeps them on staff until January of 2016, with the exception of Defensive Coordinator Lorenzo Ward. Ward got a three-year contract that runs until January of 2017. He also has several incentives built into his contract that trigger on the post-season performance of the Gamecocks.