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Archie Miller to earn average of $3.35 million annually on eight-year contract

Related Topics: Year, Contract, Deferred compensation

Indiana released the full terms of Archie Miller’s contract early Tuesday morning and the eight-year deal is worth an average of $3.35 million in annual compensation.

According to the terms of the contract, Miller will be paid a base salary of $550,000 per year and will earn an between $1.65 and $1.95 million annually in outside marketing and promotional income.

Miller will also earn $1 million annually in deferred compensation.

Bonuses are also a big part of the deal, as outlined below:

· $125,000 for NCAA multi-year APR scores over 950
· $125,000 for playing no more than one regular season non-conference opponent with an RPI rating above 300 as reported on the final ratings of espn.