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Six of the Georgia Bulldogs football coaches have had their contracts restructured, according to the Atlanta Journal-Constitution.
The university is paying out more money up front as part of an increased base-pay system to eliminate retention and longevity bonuses.
A few of the coaches include offensive coordinator Mike Bobo, who received an extra $57,000 in his base-pay to bring his salary up to $300,000 for the season. Assistant head coach Rodney Garner also earned a nice bump in his pay with the restructuring, getting $32,000 tacked onto his salary to bring the total up to $275,000 per year.
Georgia athletic director Greg McGarity spoke on Monday, making sure it was understood that these aren't raises but just a change to the current payment plan.
"None of it is new money," McGarity said. "It’s a re-appropriation of their longevity bonuses. It’s just an adjustment in how they’re compensated."
McGarity continued, explaining why the decision was made.
"I don’t want money to be a reason somebody sticks around," McGarity explained. "I don’t want them to stay because of some longevity bonus. I want them to be here because they want to be here."
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