Damon Evans, who was hired as Maryland’s athletic director June 25, is on a six-year contract that officially began July 2, according to contract details obtained by multiple outlets Friday.
Evans’ contract will pay him at least $720,000 annually, with a base salary of $600,000 and a supplemental income of $120,000 for media appearances, participation in apparel negotiations and appearances made on the school’s behalf.
There are also up to $45,000 in bonuses, which could take his salary up to $765,000. He’ll earn $7,500 if Terrapin Club memberships or fundraising donations increase by more than 5 percent. If Maryland finishes in the top five in the Director’s Cup, Evans will take home a $25,000 bonus; there are smaller bonuses for lower finishes, down to $5,000 for 30th place. A $5,000 bonus kicks in if 10 Terrapin teams make the postseason. However, if Maryland’s APR scores dip below a certain cutoff—currently 930, a number the school has cleared with ease for several years straight—he won’t be eligible for these bonuses.
Evans’ contract includes monthy automobile and cell phone allowances of $1,000 and $120, respectively. The school will also reimburse travel expenses for both Evans and his wife, Kerri.
When Kevin Anderson was hired for the same position in 2010, he signed a five-year deal worth just over $400,000 annually. The other recent AD hire in the conference, Illinois’ Josh Whitman, has a base salary of $600,000 with a potential $200,000 in bonuses.
Evans’ total compensation would make him the 11th highest-paid AD in the Big Ten based on last year’s salaries.