Oregon to extend Cristobal tomorrow

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"Source at Oregon tells me Ducks were close to big extension with Mario Cristobal before pandemic hit. Talks have picked back up. I expect long-term deal will be announced whenever this blasted season ends. Cristobal is 11th highest paid coach in conference," tweeted Canzano.

Canzano had reported on Tuesday morning in a column that the two sides are engaged in a contract negotiation that would not only give Mario Cristobal, the second lowest-paid head coach in the Pac-12, a boost to his base salary, but would also increase his current buyout, making it more difficult for other teams to come calling. Canzano cites a source within the Oregon program, with the columnist adding, "everyone I’ve talked with believes a long-term extension will get done."

Cristobal and the University of Oregon agreed to a new contract in June of 2019, bumping up the original contract valued at $2.5 million per season that was signed when the coach was hired in December of 2017. Cristobal's current contract value for the 2019 season increased by $100,000 and will add an additional $100,000 for each of the following four seasons. The total increase in contract value is $4 million dollars with the coach slated to earn $3 million in the 2023 contract year.

Though Cristobal's base pay was smaller than other Pac-12 coaches and was the smallest among Power Five schools that competed in last year's New Year Six, the contract was structured to heavily reward performance-based bonuses. Cristobal earned $1.175 million in bonuses last season, the second-most of any college football coach, behind LSU's Ed Orgeron who won the College Football Playoff.

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