Fulmer's deal is worth an average of nearly $3 million over the next seven seasons, and the nearly $1 million raise makes him the fourth-highest paid coach in the Southeastern Conference.
He will get $2.4 million for the upcoming season and his salary escalates to $3.3 million in 2014 with automatic raises of $150,000 annually. Fulmer will also receive raises for achieving certain goals, such as an additional $350,000 for winning an SEC championship or an additional $850,000 raise for winning a national championship.
Fulmer would receive $1 million longevity bonus in December 2012, which would be his 20th anniversary as head coach.
Pearl was previously signed through 2013 and made $1.3 million last season. His new deal increases his salary to an average $2.3 million a year. It includes a $250,000 bonus and an upfront retention bonus of $1.5 million.
Should he chose to leave Tennessee in the next five years, Pearl would owe a buyout that starts at $2.5 million and decreases incrementally each season to $1 million.
Under Pearl, Tennessee experienced its best season with a 31-5 record, the first outright regular season Southeastern Conference championship since 1967 and a second-consecutive NCAA tournament regional semifinal appearance.
The Vols also achieved their first top ranking in The Associated Press basketball poll after toppling previously unbeaten Memphis.
http://accesswdun.com/article/2008/7/211259