The executive committee of USC’s Board of Trustees amended Spurrier’s contract to create a tax-deferred retirement plan worth $250,000 per year for the next four years. Spurrier, who turns 63 in April, would forfeit all the retirement money if he leaves USC prior to Dec. 31, 2011.
Spurrier, who makes a guaranteed $1.75 million annually, is signed through the end of the 2012 season. The former Florida coach is 21-16 in three seasons at USC.
Read more —Board grants Spurrier million-dollar incentive
Defensive coordinator Ellis Johnson received a three-year deal worth $350,000 a year, making the Winnsboro native the highest-paid assistant coach in any sport in school history. And Special Teams Coordinator Ray Rychleski, a former Maryland assistant, received a two-year deal worth $160,000 the first year and $170,000 in 2009.
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