UW-Madison Athletic Director Barry Alvarez will be paid an extra $118,500 for coaching the Badgers in the Rose Bowl.
A UW Board of Regents committee on Tuesday approved the extra compensation for Alvarez, who agreed to coach the football team after Bret Bielema resigned to take over as head coach at the University of Arkansas. The money will come from the $1 million Arkansas will pay to buyout Bielema’s UW contract.
In addition, Alvarez is eligible for a $50,000 bonus if the Badgers win the Rose Bowl. He led the Badgers to Rose Bowl victories in 1994, 1999, and 2000 while serving as head coach of the team.
Alvarez will receive 10 percent of his Athletic Director’s pay for December and 90 percent of Bielema’s monthly football coaching salary; bringing total compensation for the month to $203,500.