Photo Credit: Melissa Melvin Rodriguez, Charlotte Observer
- Base salary is $505,000
- Additional compensations via Athletic Foundation is $250,000
- Retention bonus of $50,000 is due if employed at Charlotte on February 15 in 2021, 2022 and 2023.
Without factoring in on-the-field bonuses or perks (cell phone, country club membership, car, etc), Will Healy is set to earn $805,000 per year as of now.
Should Will Healy leave for another job, he will owe Charlotte 1.0 times his base salary, which is $505,000 and forfeit any unpaid additional compensation. Additionally, if Healy leaves for another FBS program, that program will owe Charlotte a home-and-home within 6 years. That program can buyout said series and the cost will equal that of his buyout amount. Potentially Charlotte could net up to $1,010,000 from someone hiring Healy away.
Should Charlotte fire Will Healy, the university will owe him his base salary ($505,000) throughout the remainder of his contract (January 31, 2026), plus any earned incentives that have not yet been paid.
Important detail: “If coach obtains new employment, University’s financial obligations will be reduced by the total compensation received by coach.” — Whatever Healy would earn elsewhere (no specific job/role defined) would offset what is owed to him by Charlotte.
If fired after:
2022 season – approximately $1,515,000
2023 season – approximately $1,010,000
2024 season – approximately $505,000
2025 season – approximately $42,083.33 x months remaining
Regular season incentives:
Final Top 25 AP or Coaches Ranking: $35,000
Final Top 15 AP or Coaches Ranking: $50,000
Final Top 10 AP or Coaches Ranking: $75,000
Win over a Top 25 Power 5 Team: $20,000
C-USA Division Championship (win/tie): $15,000
Postseason play incentives:
C-USA Championship Game Win: $25,000
At-large Bowl Selection: $25,000
Bowl Game Win: $30,000
CFP New Year’s Six Bowl (Group of 5 representative): $100,000
CFP Semifinal Appearance: $250,000
National Championship Game Appearance: $250,000
National Championship Win: $500,000
C-USA or AFCA Region Coach of the Year: $20,000
National Coach of the Year: $30,000