After leading Oregon to a spot in the national title game and a No. 2 finish in the polls, Mark Helfrich is getting a new contract that will pay him $17.5 million over the next five years, a source told FOX Sports Monday.
The school later confirmed the news.
This deal essentially doubles what Helfrich was making. As part of Helfrich’s contract, he will earn an additional $500,000 if the Ducks win a national title. There are also bonuses ranging up to $100,000 for reaching both APR and GPA thresholds as well as a $150,000 bonus for winning the Pac-12 title plus an additional $100,000 for 10-win seasons.
The 41-year-old, an Oregon native, is 24-4 in his two seasons as the Ducks head coach. He’s also 15-3 in Pac-12 play and helped QB Marcus Mariota become the first UO player to win the Heisman Trophy. This year, Oregon won the Pac-12 title and then blew out defending national champs Florida State by 39 points in the Rose Bowl before losing to Ohio State in the title game in Texas.
Helfrich’s record against top teams is especially eye-catching, leading the Ducks to a 7-2 mark against ranked opponents.
What’s more impressive about Helfrich’s record in his first two seasons is that it comes at a time when the Pac-12 has never been stronger. A decade ago, it was USC and then a big drop-off to Cal. Five years ago, it was thinner. Oregon was the only team from the conference to finish in the final AP top 20, and the Ducks finished No. 11. This season, seven different conference teams were in the top 20 at one point and six Pac-12 teams were ranked among the top 21 in the season’s final AP poll.
SOURCE: FOX Sports