CSU will have a pool of .2 million for assistant coach and support staff compensation.Here is the base pay structure for Farokhmanesh:The Coloradoan obtained the term sheet signed by Farokhmanesh and CSU athletic director John Weber. Here are a look at the terms for the first-time head coach:If Farokhmanesh were to leave, he would owe […]
CSU will have a pool of .2 million for assistant coach and support staff compensation.Here is the base pay structure for Farokhmanesh:The Coloradoan obtained the term sheet signed by Farokhmanesh and CSU athletic director John Weber. Here are a look at the terms for the first-time head coach:If Farokhmanesh were to leave, he would owe CSU 33% of the remaining contract value. If CSU were to fire Farokhmanesh without cause, the school pays 75% of remaining contract value.
Ali Farokhmanesh salary, bonuses as Colorado State men’s basketball coach
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- Year 1: $800,000
- Year 2: $850,000
- Year 3: $900,000
- Year 4: $950,000
- Year 5: $1 million
Farokhmanesh signed a five-year deal to run through 2030.
- 20 or more Division I wins: $25,000
- Finish season 50th or better in NCAA NET ranking: $50,000
- Regular season or conference tournament title: $75,000
- Qualify for and participate in the NCAA Tournament: $75,000
- Each win in the NCAA Tournament for round of 64 or prior: $50,000
- Advance to the NCAA Round of 32: $75,000
- Advance to NCAA Sweet 16: $100,000
- Advance to NCAA Elite 8: $100,000
- Advance to NCAA Final 4: $150,000
- Advance to NCAA national championship game: $150,000
- Win national championship game: $100,000
- Cumulative team GPA of 3.0 or better for academic year: $25,000
- Win conference coach of the year for first time: $25,000
- Win conference coach of the year for second time: $50,000
- Win conference coach of the year for third time: $75,000
- Win conference coach of the year for fourth time: $100,000
- Win conference coach of the year for fifth time: $125,000
- Winn the Naismith or NABC National Coach of the Year award: $100,000
- “If Coach continues to actively serve as the head basketball coach as of May 1, 2028, Coach shall be paid a retention bonus of $100,000”
Other contract details, including buyouts
CSU announced Wednesday Farokhmanesh would take over the Rams. He replaces Niko Medved, who left CSU this week to take over at Minnesota. A buyout of just over million is owed to CSU by Minnesota.Bonuses available:
Ali Farokhmanesh is moving up from the top assistant on the Colorado State men’s basketball team to the head coach.
