Nutt to make $2.5M annually

Mississippi Florida Football

OXFORD — Ole Miss football coach Houston Nutt will make $2.5 million per season and has had his contract extended through 2012, according to the March board book of the Mississippi Institutions of Higher Learning.

Those numbers are consistent with what The Clarion-Ledger reported in December, but this is the first time the school has made the salary public.

Only a small portion of Nutt’s salary – $200,000 – comes from the state. The other $2.3 million is paid for by the UMAA, a private fundraising wing of the athletic department.

Nutt’s $2.5 million salary does not include any incentive information. The second-year coach’s previous deal had several ways to earn extra money, including bowl game appearances or winning an SEC championship.

Also according to the IHL report, recently hired UM defensive line coach Terry Price will receive a two-year contract worth $220,000 per year.

Both Nutt and Price must have their contracts approved by the IHL this week, but it’s usually considered a formality.

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