Quinn Gray hasn’t officially been announced as head coach of Florida A&M yet, but the university is undoubtedly on the track to solidify his hire as early as the end of the month. The institution posted a copy of the 11-page contract draft for Gray’s coaching services, which includes numbers that will make him one of the most well-paid coaches in the sport and provide a significant pool of money for assistants.
The draft contract runs for a duration of five years, with Gray potentially on the hook to make:
- 2026: $240,000
- 2027: $260,000
- 2028: $280,000
- 2029: $300,000
- 2030: $320,000
Gray would also receive a $25,000 signing bonus if this contract becomes official. Florida A&M would also offer several incentives that would allow Gray to earn more outside his base salary, including.
- Team achieves an 85% or higher graduation rate OR achieves a Graduation Success Rate (GSR) or Academic Progress Rate (APR) score above 960 for the academic year: $10,000
- Win in the Annual Florida Classic Contest: $5,000
- Win against Football Bowl Subdivision (FBS) team $$10,000
- Win Conference Championship (Regular Season or Tournament): $12,500
- Awarded Conference Coach of the Year: $5,000
- Win Celebration Bowl: $50,000
- FCS Playoffs Participation $2,500
- FCS Playoffs victory (by win): $5,000
In the draft contract, Florida A&M puts forth a significant amount of money for recruiting ($125,000), staff development ($25,000). But perhaps the most crucial portion of the contract is the amount of money proposed for hiring a staff of assistants. If the draft contract were to be officially offered, Gray would receive $1.2 million to build out his coaching staff.
The draft contract states:…