Just came from President Smatresk's office. Finalized and signed a new 5 year contract. Let's keep the Mean Green machine rolling! #GMG
— Dan McCarney (@UNTCoachMac) March 20, 2014
Dan McCarney has signed his new five-year contract that will pay him a salary of $600,000 with guaranteed incentives that will push his annual compensation to $710,000 in his first season, the school announced today.
McCarney’s guaranteed incentive for completing each season starts at $60,000 and increases annually for the duration of the contract that will take effect April 1.
McCarney will receive $70,000 for completing the 2015 season, $90,000 at the end of the 2016 season, $90,000 in 2016, $110,000 in 2017 and $124,200 in 2018.
McCarney will receive a $50,000 radio/TV stipend in each year throughout the contract.
The contract includes a $15,000 incentive for winning seven games and bonuses ranging from $15,000 to $50,000 for bowl game appearances. McCarney would receive $50,000 for winning a conference title game and appearing in a bowl game, $40,000 for losing in the conference title game and appearing in a bowl game and $30,000 for appearing in a bowl game without a conference title game appearance.
McCarney would receive $15,000 for a bowl game win.
McCarney will receive 10 seats in the club seating section of Apogee Stadium under terms of the contract.
The former Iowa State head coach’s initial contract at UNT, which he signed before his debut season with the Mean Green in 2011, paid him $545,000 in base salary and guaranteed incentives.
UNT officials have been working with McCarney on a contract extension for the last several months. Talks between McCarney and school officials heated up late in in a breakout 2013 season that saw the Mean Green finish 9-4 and beat UNLV in the Heart of Dallas Bowl.
The 36-14 victory was just the third in a bowl game in UNT history.
UNT had not appeared in a bowl since the 2004 New Orleans Bowl before its appearance in the Heart of Dallas Bowl and had not won a bowl game since knocking off Cincinnati in the 2002 New Orleans Bowl.