Here are the details of Greg Schiano’s historic contract to return to Rutgers | Inside the changes that got the deal done

Greg Schiano

Rutgers head football coach Greg Schiano's eight-year contract is not fully guaranteed.SL

Greg Schiano is officially Rutgers’ head football coach again, and he has landed a historic deal upon his return.

Schiano will be the highest-paid coach in university history and will be given more resources than any of his predecessors. The agreement was approved by the Board of Governors with unanimous consent Tuesday at Winants Hall in New Brunswick to cap a month-long negotiations process that broke down before both parties returned to the table last week following immense backlash from boosters, fans and lawmakers.

Here is a closer look at Schiano’s deal, and where he and Rutgers made concessions once talks resumed.

Salary and years: Schiano signed an eight-year, $32 million deal, but it is not fully guaranteed. He was asking for a full guarantee when talks originally fractured. The retention bonuses from the original deal - $400,000 every two years - are also out.

Schiano will make $4 million a year. If he is fired without cause at any point in the contract, he will be paid 76.875% of his remaining salary; the payout from that point will not exceed $24.6 million. Schiano’s buyout to break the contract begins at $8 million if he leaves Rutgers prior to Dec. 1, 2020, and it decreases as the contract progresses. Schiano will have a $6 million buyout in his second season, a $4 million buyout in his third, a $3 million buyout in his fourth and a $2 million buyout in his fifth. Schiano will have a $1 million buyout for the final three years of the deal.

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Staff pool: Schiano’s Year 1 assistant and support staff salary pool is $7.7 million - unchanged from before. That total will increase by no less than 3% each year. Schiano has the ability to designate, hire and fire members of his staff with the consent of athletics director Pat Hobbs - that consent “shall not be withheld without reason.”

Private jets: Rutgers and Schiano met in the middle on one of the more controversial sticking points. Schiano will be entitled to use private air transportation for recruiting purposes, according to the contract. If private funding is available, he will be able to use private air travel for other university business. If private funding is not available, Schiano is entitled to first-class tickets on commercial airlines. Schiano’s wife and immediate family are entitled to fly on team charters to all away and postseason games at no cost to him.

Facilities: The biggest change. Schiano’s original request for an out clause that would allow him to leave with no buyout penalty if Rutgers did not meet deadlines for facilities improvements has been struck.

Instead, Rutgers has acknowledged a new indoor practice facility and football operations center “would be both necessary and desirable” and has committed to developing and acquiring cost projections and conceptual designs “as soon as reasonably practicable” for recruiting and fundraising purposes. Rutgers has also agreed to move forward with facilities plans once Schiano and Hobbs can raise 50% of the projected costs in private donations. There is no timetable set for facility improvements. Early estimations indicate the projects could cost $150 million.

Relocation expenses: Rutgers will provide Schiano with temporary housing for 60 days if required, plus temporary transportation and a maximum of two flights to New Jersey for the purpose of purchasing a home. He will also receive up to $25,000 in relocation expenses.

Incentives: Here is a rundown of the incentives in Schiano’s deal:

Big Ten titles: Schiano will receive a $100,000 bonus if Rutgers wins the Big Ten East and plays in the conference title game. He will earn $200,000 if Rutgers wins the Big Ten Championship Game.

Bowl games: Schiano will earn $75,000 for a non-College Football Playoff “Group A” bowl game appearance and $75,000 for winning the bowl game. The Belk, Music City and Quick Lane Bowls (and successor games) are considered “Group A.” All other non-CFP bowl games are considered “Group B," and Schiano earns $100,000 for appearing in one and $100,000 for winning one.

Schiano will earn $150,000 for appearing in a New Year’s Six bowl game and can earn another $150,000 for winning one. He earns $200,000 for qualifying for the College Football Playoff, $250,000 for appearing in the national title game and $350,000 for winning a national title.

Awards: Schiano is due a $100,000 bonus if he is named Big Ten coach of the year by the conference. He will receive another $100,000 if he is named national coach of the year by one of nine specific outlets named in the contract.

Final rankings: Schiano will receive a $100,000 bonus if Rutgers finishes in the final CFP Top 25 at the end of the season and $150,000 if in the top-15.

Season tickets: Schiano can earn up to $200,000 annually in season ticket sales incentives. He earns a $50,000 bonus when Rutgers crests the following sales milestones: 20,000, 24,000, 28,000 and 32,000 season tickets sold.

Academics: Schiano is due a $25,000 bonus for Rutgers having a multi-year APR of 960 or above beginning with the 2020-21 school year. He will earn an additional $25,000 if Rutgers is among the top-10 nationally in APR.

Other: Schiano will earn an annual auto stipend of $15,000 and have an annual $5,000 apparel allocation. Rutgers will pay initiation fees and monthly dues for a country club membership. Schiano will receive use of a private box or suite at all home games in addition to 20 premium-level tickets and parking passes. He will also receive 12 tickets to all road games and either a private suite or box or 24 premium-level tickets to any postseason game.

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James Kratch may be reached at jkratch@njadvancemedia.com. Follow him on Twitter @JamesKratch. Find NJ.com Rutgers Football on Facebook.

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