Iowa State football coach Jimmy Rogers' base salary, buyout amount

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AMES — The Jimmy Rogers era has officially begun at Iowa State.

The Cyclones held a formal introductory press conference Dec. 8 for the 38-year old Rogers, who becomes the 34th head coach in Iowa State football history.

He has more than a decade of coaching experience, mostly at FCS school South Dakota State, his alma mater. He was the head coach there for two seasons, where he won a FCS national championship in his head coaching debut campaign and took the Jackrabbits to the FCS final four the year after. Afterward, he moved up to FBS and coached at Washington State for a year, before he was hired as Iowa State’s new coach.

He went 33-9 overall as a head coach for the last three years. He was 27-3 at South Dakota State, and he went 6-6 in his lone season at Washington State.

Iowa State athletics director Jamie Pollard discussed some of the financial matters surrounding the Cyclones football program on Monday. Here is a look at how much Iowa State had to pay Washington State for Rogers’ buyout fee, details for Rogers’ contract and what will happen with the $500,000 fine that Iowa State is subjected to for opting out of a 2025 bowl game.

How much did Iowa State have to pay Washington State for Jimmy Rogers’ buyout?

Pollard said Iowa State has to pay Washington State $4 million to buy out Rogers’ contract.

Penn State is obligated to pay Iowa State $2 million to buy out Matt Campbell’s contract.

What is Jimmy Rogers’ salary, financial compensation?

Rogers has yet to sign an official contract, but he agreed to a six-year deal. Rogers has signed a memorandum of understanding, Pollard said.

The Iowa State athletics director said Rogers’ base salary will be $3 million per year. Campbell’s Iowa State salary was $5 million.

Rogers will have the same bonus incentives that Matt Campbell had at Iowa State.

According to Campbell’s latest contract with the Cyclones, these were the incentives he had:

The head coach will receive the highest amount based on the team’s regular-season results:

  • $1,500,000: If the Cyclones win 12 regular-season games
  • $1,250,000: If the Cyclones win 11 regular-season games
  • $1,000,000: If the Cyclones win 10 regular-season games
  • $750,000: If the Cyclones win nine regular-season games
  • $500,000: If the Cyclones win eight regular-season games
  • $250,000: If the Cyclones win seven regular-season games

The head coach will receive the highest applicable amount based on how the Cyclones fare in conference play:

  • $500,000: If the Cyclones finish in first-place (including a tie for first) in the Big 12 Conference regular season standings and win the Big 12 Conference championship game
  • $250,000: If the Cyclones appear in and win the Big 12 Conference championship game, despite not finishing in first-place (including ties) in the Big 12 Conference regular-season standings
  • $250,000: If the Cyclones finish in first-place (including ties) of the Big 12 Conference regular-season standings, but lose the Big 12 Conference championship game
  • $100,000: If the Cyclones appear in the Big 12 Conference championship game

Postseason, bowl game and College Football Playoff bonuses:

  • $100,000: Additional bonus if the Cyclones win the College Football Playoff national championship game
  • $100,000: Additional bonus if the Cyclones advance to the College Football Playoff national championship game
  • $50,000: Additional bonus if the Cyclones win a bowl game or College Football Playoff game
  • $50,000: Additional bonus if the Cyclones are selected and participate in a bowl game or qualify for the College Football Playoff

Individual award bonuses:

  • $50,000: If Campbell wins the Big 12 Coach of the Year (also includes sharing of the honor)

Iowa State to appeal $500,000 fine from Big 12 Conference for opting out of bowl game

Pollard was initially adamant that Iowa State would compete in a bowl game, despite the coaching change.

However, after a meeting between players, remaining staffers and Iowa State administration, the Cyclones held a players’ vote and chose to decline any bowl invitation, reportedly due to the lack of healthy players to safely practice and play.

“What I told the players was, first and foremost, it’s their call, I’ve got their back,” Pollard said. “If they don’t want to play, I got their back. The players wanted to play, but they just didn’t feel like they had enough healthy bodies and enough certainty about who was actually still going to be here, so I get it. We told them we’d support them if that’s what they chose to do and that’s what they chose to do. We quickly saw K-State did the same thing, Baylor, Notre Dame, so we’re in a new day in college athletics.”

As a result of not participating, the Big 12 Conference issued a $500,000 fine to schools that opted out of any postseason bowl games.

“(Big 12) Commissioner (Brett) Yormark was really good about it,” Pollard said. “He understands, and he understands that it’s a bigger issue. Our industry right now is screwed up. There’s no way that what just happened should’ve happened on either side. Think about it, Matt left and we left all these players on a lurch. What I do I do in 24 hours? I go and leave another team in a lurch. Now, Washington State is going to leave another, and it just snowballs.”

The Cyclones plan on appealing the fine.

“We’re concerned that the players don’t want to play, at the same time, I get it,” Pollard said. “I get it from the commissioner’s standpoint and the precedence that we can’t have an environment where teams just say we’re not playing because maybe I don’t like the opponent or I don’t like the bowl. We will certainly appeal it, whether we’ll have a valid justification to win the appeal, we’ll see.”

Eugene Rapay covers Iowa State athletics for the Des Moines Register. Contact Eugene at erapay@gannett.com. Follow him on Twitter at @erapay5.

This article originally appeared on Des Moines Register: Iowa State football new coach Jimmy Rogers’ base salary, buyout price

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