April 24, 2014
By Jason Clay
By Jason Clay
FRESNO, Calif. - Fresno State has announced that the contract extension of head football coach Tim DeRuyter has been finalized and signed.
The terms of the contract include an increase in base salary, an academic and competition incentive package for targetable bonuses, extending the term length five years through 2018 as well as a buyout clause.
"We are elated and encouraged with the tremendous success that Bulldog football has achieved under Tim's leadership these past two years," Boeh said. "The execution of these agreements illustrate Fresno State's clear commitment to establishing stability within the program on behalf of our student-athletes and the Red Wave."
Upon his hiring as the 17th head coach in program history back on Dec. 14, 2011, DeRuyter proclaimed two things; winning conference championships would be the team's No. 1 goal and his squads would embody the mantra "fast, physical and fanatical," an up-tempo and exciting style of play to captivate the Red Wave, Fresno State's loyal fan base.
DeRuyter delivered on his promise, winning back-to-back Mountain West championships - the school's first consecutive league titles since 1992 and 1993 - and put Fresno State back on the national map in 2013 when the 'Dogs were ranked as high as No. 13 in the Coaches Poll and finished the year 11-2 overall, matching the school record for wins in a season.
"It's very gratifying to know that our administration is pleased with the direction that the football program is headed and wants to show its commitment to our future," DeRuyter said. "I would like to thank our President Dr. Joseph Castro, Director of Athletics Thomas Boeh, the Athletic Corporation and the administration for their support as our football staff and I continue to strive for championships and make the Valley proud of its team."
The contract extension is a part of University President Joseph I. Castro's vision for Fresno State's academic and athletic programs rising together.
"Coach DeRuyter has done an excellent job in his first two years of service at Fresno State," Castro said. "I believe that the Bulldog football team has a bright future with him at the helm."
In January of 2014 the University, Athletic Corporation and coach DeRuyter's representatives reached an agreement on the terms of the contract and worked towards the execution of the comprehensive employment agreement, which came to fruition this week.
The basic compensation terms through 2018 are as follows:
2014 - Base salary of $1.4 million plus supplemental compensation in the form of bonuses*
2015 - Base salary of $1.45 million plus supplemental compensation in the form of bonuses *
2016 - Base salary of $1.5 million plus supplemental compensation in the form of bonuses *
2017 - Base salary of $1.55 million plus supplemental compensation in the form of bonuses *
2018 - Base salary of $1.6 million plus supplemental compensation in the form of bonuses *
*Based upon recent data, annual performance payments could total approximately $500,000 - $750,000. The maximum sum obtainable of supplemental compensation in the form of bonuses is $1.685 million.
The buyout provision for the coach's early departure is as follows:
If coach resigns prior to the conclusion of the 2014 season a fee of $2.8 million is owed to the Athletic Corporation.
If coach resigns prior to the conclusion of the 2015 season a fee of $1.4 million is owed to the Athletic Corporation.
If coach resigns prior to the conclusion of the 2016 season a fee of $1 million is owed to the Athletic Corporation.
If coach resigns prior to the conclusion of the 2017 season a fee of $700,000 is owed to the Athletic Corporation.
"Catch the Wave" - The official home of the Fresno State Bulldogs is 940 AM ESPN Radio and ESPN Deportes 1600 AM.
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