Oregon Coach Mark Helfrich Gets 5-Year, $17.5M Extension

Oregon head coach Mark Helfrich has received a five-year, $17.5 million contract extension through the 2019-20 season, according to ESPN:

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He is guaranteed to earn $3.15 million during the first year of the extension and will earn $3.8 million during the final year of the deal, which runs through Jan. 31, 2020. His previous contract ran through Jan. 19, 2018, but due to the terms of that agreement, it automatically extended another season once Oregon beat Florida State in the College Football Playoff.

He earned a guaranteed salary of $1.8 million under the prior deal, but earned more than $400,000 in incentives -- including $150,000 for appearing in the national championship and $100,000 for winning the Pac-12.

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In just two seasons as head coach of Oregon, Helfrich has guided the Ducks to a 24-4 record.