Iowa State football coach Matt Campbell is helping his assistant coaches offset a portion of the 10 percent salary reduction they will absorb during the athletic department’s temporary COVID-19 salary cuts.
According to documents The Register received through Iowa’s Freedom of Information Act, Campbell’s 10 percent salary reduction between July 1, 2020 and June 30, 2021 amounts to a total of $497,124 — $350,000 based on the reduction of his average of $3.5 million-a-year salary through Dec 31, 2025 and an additional $147,000 to offset some of the reduction from an assistant coach salary pool.
Last year, Iowa State spent about $5 million on football assistants. It’s unknown how many were asked to take temporary reductions in pay, but an Iowa State athletics spokesman told the Register it was being used to help defray the pay hit to his staff.
Campbell’s gesture was included in documents The Register obtained Tuesday afternoon, including details of a contract amendment Campbell signed in January.
The basics of that agreement were reported last December, including an extension through 2025 of a deal that pays him an average of $3.5 million a year. That contract included a $6 million buyout if Campbell takes another coaching position.
The recently obtained amendment includes previously unreported bonuses of $250,000 if Iowa State wins at least eight regular-season games, and $500,000 for nine or more regular-season victories.
Pollard announced last April, that Iowa State coaches and some athletics department staffers would take a pay cut. The reductions were to help the athletics department make up for lost revenue due to canceled Big 12 and NCAA basketball tournaments.
The plan included a “one-year, temporary pay reduction for athletics department coaches and certain staff,” including Pollard.
The salary cuts were made to help offset a $5 million shortfall the department faced after the cancellation of the Big 12 and NCAA men’s and women’s basketball tournaments.
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Source: Des Moines Register