Florida Gators' Jim McElwain, Mike White earn raises, contract extensions
Florida Gators football coach Jim McElwain and men's basketball coach Mike White both received raises and one-year contract extensions to 2023, the school announced Friday.
McElwain receives a $196,300 raise for this season. The six years left on his contract will pay him an average of $4.486 million. That figure is up from $4.1645 and would have ranked 12th in the country last season (just ahead of Clemson's Dabo Swinney), according to USA Today's database.
McElwain's bonuses also increased. He would make $100,000 for a trip to the SEC title game (up from $37,500) and $200,000 for winning the league (up from $75,000). A top-10 finish would mean $100,000, while a national championship would net him $400,000.
The new buyout for termination with cause would jump to $2.5 million per year left on the deal (up from $2.25 million).
McElwain has led UF to SEC East championships in his first two seasons. The Gators are 19-8 in his tenure heading into the Sept. 2 season opener against Michigan in Arlington, Texas.
After his team's run to the Elite Eight, White received a $613,501 raise for this season (to $2.525 million). He'll get $75,000 annual raises, bringing his average guaranteed salary to just more than $2.7 million over six years.
"Both Coach Mac and Coach White have done a phenomenal job of leading our programs and we are looking forward to having them lead the Gators for years to come," UF athletic director Scott Stricklin said in a statement. "As much as both have won games and provided a lot of great memories for our fans and stability for the programs they lead, they have both had a huge impact on the development and personal growth of the athletes they coach."