Really think contracts should be heavily incentivized on performance to get to those ludicrous annual salaries. @Knight Shift had a similar blueprint. The years you perform you get those super duper salaries but if you don't well then just your "normal/regular" salary. These are just arbitrary numbers but you get the idea. You could do it fixed like this or some percentage of base salary. It makes more sense, you get paid for performance. Do well and you're compensated and it's not a long term obligation other than the base or some percentage of the base. It's fair to both the school and the coach. ADs should have some guts and take a stand, instead of the usual OPM.
Example:
Base Salary: 4M
Make a bowl: Bonus 1M for a total of 5M that year
8-10 wins: Bonus 2M for a total of 6M
Make the playoffs: Bonus 3M for a total of 7M
Make the national championship: Bonus 4M for a total of 8M
Win the championship: Bonus 5M for a total of 9M
Example:
Base Salary: 4M
Make a bowl: Bonus 1M for a total of 5M that year
8-10 wins: Bonus 2M for a total of 6M
Make the playoffs: Bonus 3M for a total of 7M
Make the national championship: Bonus 4M for a total of 8M
Win the championship: Bonus 5M for a total of 9M
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