ATHENS — Georgia will be paying Jim Chaney less annually than his predecessor, though his contract will be just as long.
Chaney’s salary at Georgia next year will be $850,000 each year through 2018, according to a memorandum of understanding released by UGA on Friday. In addition, Chaney will receive a one-time payment of about $85,000, which he will receive this month.
Brian Schottenheimer, Georgia’s previous offensive coordinator, was earning $950,000 in base salary. Schottenheimer was on a three-year contract, but did not remain with the team through the bowl. It’s not clear whether it was Schottenheimer or the team’s decision. Georgia owes Schottenheimer the remainder of his salary, for a total of nearly $2 million, minus whatever he earns in his next job over the next two years. Assuming he takes another job.
Pittsburgh athletics director Scott Barnes told the Pittsburgh Tribune-Review that Chaney had multiple offers from other schools before he chose Georgia.
Should Chaney leave Georgia before the end of his contract, he will owe the school 20 percent of his remaining salary. Should Georgia fire Chaney, it will owe him the remainder of his contract, just as in Schottenheimer’s deal.
Chaney’s contract also requires him to make eight unpaid appearances at Bulldog Club or fundraiser events, as well as eight appearances or endorsements per year, with compensation to be negotiated.