Penn State announced that Bill O’Brien’s contract had been amended, and it seems he is getting a substantial $1 million pay raise for the 2013 season. But it’s the new contract’s buyout clause that will be of interest to NFL teams.
If O’Brien leaves the Penn State Nittany Lions for an NFL job before the contract expire, he will have to pay his base salary for the current year multiplied by the years remaining on the contract. On the other hand, if he leaves for any other reason, he will have to pay his total salary (base salary, Nike endorsement deal and radio/TV deal) multiplied by the number of years left.
But why is Penn State increasing his salary dramatically over the next seasons? The answer is simple: O’Brien led the Nittany Lions to a successful campaign last season with an 8-4 record after the program was hit by landmark NCAA sanctions for the Jerry Sandusky sex-abuse scandal. Besides, O’Brien’s eight wins were the most by a first-year Penn State coach in the 126 years of the program –something to consider of you like to bet football.
In his first season as Nittany Lions’ head coach O’Brien was selected the 2012 Big Ten-Dave McClain Coach of the Year, as well as the 2012 Bear Bryant, Maxwell Football Club and ESPN Coach of the Year.
For the coming season, the Nittany Lions are expected to achieve a winning record in O’Brien’s second year in Happy Valley. Penn State will be playing against the Syracuse Orange on August 31st at MetLife Stadium in New Jersey. Syracuse is 5-4 all-time at the Meadowlands, while the Nittany Lions were 10-3 at Giants Stadium, including a 35-7 victory over Syracuse in 1979.
Former New England Patriots’ offensive coordinator has also been a potential NFL head coaching candidate across the league; and in some other football betting news, the Patriots are the oddsmakers’ early favorite to win next Super Bowl at +750, along with the Denver Broncos at +625.
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