The full details of Cuonzo Martin's contract with Cal have been released. Ryan Gorcey of Bear Territory obtained the details. Martin is set to earn a talent fee of $1.65 million from 2016 to 2017. From 2017 to 2019, Martin will receive an annual yearly talent fee of $1.39 million.
Martin had been working without an operating contract for some time but had been making $1.54 million his first two seasons at Cal. He earned a $250,000 base salary with a $1.29 million talent fee in his first two years without a contract.
Martin earned a permanent retention bonus payment of $1.54 million for coaching through the 2014-15 season, with $640,000 paid on April 16, 2015, $450,000 on April 16, 2016, and $450,000 on April 16, 2017. He will get all that money guaranteed.
There are loads of bonuses in place for athletic and academic performance. Already Martin has earned a $508,000 signing bonus.
- $15,000 if his teams win the Pac-12 conference in the regular season, win the Pac-12 Tournament, or are selected to the NCAA Tournament.
- $10,000 for 20 wins in a season.
- $20,000 for a Round of 32 berth, $25,000 for the Sweet Sixteen, $25,000 for the Elite Eight, $40,000 for the Final Four, $40,000 for a national championship.
- $20,000 to be Pac-12 Coach of the Year, $25,000 to be National Coach of the Year.
- If the Cal basketball team accumulates a GPA of 2.70 or higher, for both fall and spring terms, he will receive a bonus of $20,000 at the end of the season. 2.85 GPA he gets $40,000; 3.00 GPA mark, he receives $50,000, with only the highest of those bonuses to be paid depending on the academic cutoffs.
Thoughts on these contract details Cal fans?