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New Florida A&M head football coach James Colzie III’s contract is a done deal.
On Monday, FAMU Vice President and Director of Athletics Tiffani-Dawn Sykes presented Colzie’s three-year, $720,000 agreement previously reported by the Tallahassee Democrat to the university’s Board of Trustees.
The FAMU Board of Trustees approved the contract.
Colzie’s escalating base salary starts at $230,000 the first year, increases to $240,000 the second year, and $250,000 the third year.
FAMU will pay the Rattlers’ 19th full-time head coach, Colzie, $200,000 annually while the FAMU Foundation covers the remaining funds. Sykes added that the FAMU Foundation approved a five-year agreement to support the head football coach’s salary “not specific to the individual, but specific to the position.”
“I’m confident that what we have committed in the contract as it relates to the increase in salary and any increase due to cost of living will be satisfied within the application provided by the Foundation Board in addition to what’s committed from the athletic budget,” Sykes said at Monday’s FAMU Board of Trustees meeting.
Colzie’s contract with FAMU begins on Feb. 6. FAMU announced Colzie as the football team’s new head coach on Jan. 27 to replace Willie Simmons. Simmons resigned from the Rattlers to become Duke’s running backs coach.
FAMU held an introductory press conference for Colzie on Jan. 29.
If the Rattlers were to win the Celebration Bowl, Colzie could earn up to $82,500 worth of bonuses, with the most being $50,000 from winning the game. Last season, FAMU beat Howard 30-26 in the Celebration Bowl for the outright Black College Football National Championship.
The Southwestern Athletic Conference and Mid-Eastern Athletic Conference winners each get $1.2 million for playing in the Celebration…
Source link : https://sports.yahoo.com/famu-board-trustees-approves-head-004124558.html
Author : Tallahassee Democrat
Publish date : 2024-02-06 00:41:24
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