Contract terms for new Purdue coach Barry Odom
How much will new Purdue coach Barry Odom make? How long is his contract? GoldandBlack.com obtained the term sheet.
Contract: 6 years, beginning December 2024 through December 31, 2030
YearCompensationYear One$6,000,000Year Two$6,000,000Year Three$6,250,000Year Four$6,500,000Year Five$7,000,000Year Six$7,250,000
• Buyout to Previous Employer: Purdue shall be responsible for the contractually stipulated buyout, to be executed in a manner that doesn’t result in Odom incurring any expense.
• Incentive Pay: Comprehensive schedule of academic, performance and personal incentive pay opportunities, using a Performance Bonus Base of $1,500,000 and contingent upon maintaining a football APR of 930 or greater.
• Staff Salary Pool: Purdue and Odom to work collaboratively to provide the resources and support necessary to hire Assistant Coaches and other football program staff as mutually agreed upon. Staff structure and compensation to be competitive with Big Ten and other peer programs.
•Early Termination: If Purdue terminates Odom without cause, Odom shall be owed 75% of remaining base salary.
If Odom terminates his employment to accept another coaching position, Odom will owe Purdue:
DatesAmount owedThrough December 31, 2025$6,000,000January 1, 2026 – December 31, 2026$5,000,000January 1, 2027 – December 31, 2027$4,000,000January 1, 2028 – December 31, 2028$3,000,000January 1, 2029 – December 31, 2029$2,500,000January 1, 2030 – December 31, 2030$2,000,000
MORE: Takeaways from Odom introduction | Gold and Black Radio: Odom hired | Photo gallery: Odom press conference| Five observations from Odom’s press conference | Can Purdue flip any 2025 UNLV signees? | Purdue hires Odom | Get to know Odom | Three thoughts from the weekend| Q&A with Las Vegas AP writer | Purdue signing day notebook | Purdue 2025 schedule
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