re: John Chavis takes job as middle school FB assistant

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Dude is 63 And has made millions over the years.

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FAYETTEVILLE — Arkansas defensive coordinator John Chavis has exercised a voluntary two-year employment extension that will keep him under contract with the Razorbacks through the 2020 season.

Chavis, 62, was under contract through February 2019 and had the option to extend his employment by two seasons if he requested it in writing prior to Dec. 1.
According to a contract that Chavis signed in January, his salary will increase from $995,000 annually to $1.5 million beginning March 1, 2019.

Chavis will receive another pay raise to $1.6 million on March 1, 2020. He is the first Arkansas assistant in any sport to make more than $1 million per year.
Chavis will be paid the line-item maximum of $400,000 through university funds. The remainder of his salary will be paid through revenue produced from Arkansas' multimedia and apparel contracts.

If Chavis is fired for convenience prior to the end of his contract on Feb. 28, 2021, he will be owed a severance pay equal to 70 percent of his salary through the end of the employment term. If Chavis leaves Arkansas for another job he would owe the university 70 percent of his remaining salary, but that fee would be waived if the new position is a head coaching job or a full-time job in the NFL.

Chavis' salary this year was subsidized by money owed to him by his former employer, Texas A&M, according to reports. Chavis made $1.608 million in 2017 at Texas A&M, which made him the third-highest paid assistant coach in college football at the time.

It is unclear where Chavis' updated salary ranks, but it is believed to be top 10 among all college assistants.

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