The world of college football has seen its fair share of remarkable coaches over the years, each leaving a lasting legacy with their respective programs. Among these luminaries is Coach Jeff Brohm, a name synonymous with the University of Louisville's football program. In this article, we delve into Jeff Brohm's net worth as of 2023, exploring his background and the terms of his contract.
The University of Louisville Cardinals football team is a powerhouse in collegiate football. With a rich history and passionate fan base, the Cardinals have consistently strived for excellence on the gridiron. One individual who has played a pivotal role in the Cardinals' journey is Coach Jeff Brohm.
Jeffrey Scott Brohm, born on April 24, 1971, is a name revered in the world of American football. Not only is he a coach, but he also has a storied history as a former quarterback. Brohm's ties with the University of Louisville run deep, as he played college football for the Cardinals under the tutelage of Coach Howard Schnellenberger from 1989 to 1993.
Beyond his collegiate career, Brohm ventured into the National Football League (NFL), where he played for seven seasons, from 1994 to 2000. He even made a memorable stop in the XFL in 2001. With such an extensive playing career, Brohm brought invaluable experience to his coaching endeavors. Now, let's delve into the specifics of Jeff Brohm's net worth.
Read More: What is the salary of University of Louisville coach Jeff Brohm?
Jeff Brohm's Net Worth
So, what is Jeff Brohm's net worth? As of 2024, Jeff Brohm's net worth stands at an impressive $5 million. This figure reflects his cumulative earnings from his playing days, coaching career, and various endorsements.
Brohm's contract with the University of Louisville is a testament to the institution's commitment to its football program. The agreement spans six years, commencing on December 9, 2022, and concluding on December 31, 2028. His base salary for the position is $5 million, with an additional $100,000 increment for each subsequent year of his contract.
The contract incorporates a slew of performance-based incentives. Brohm's tenure can be extended by one year if he achieves seven or more wins in a season, with the possibility of a two-year extension if he secures ten or more wins, culminating in a maximum extension to December 31, 2030. The incentive structure also rewards achievements such as reaching bowl games, earning a berth in the College Football Playoff, and even winning a national championship. If Brohm remains employed at Louisville in 2029, his base salary will increase to $6,550,000. If he continues with the school in 2030, his base salary will be $7 million.
Moreover, Brohm stands to gain additional benefits, including relocation expenses, a substantial life insurance policy, access to various amenities like golf club membership and charter flights for recruiting purposes, and provisions for his family's travel to away games.
Read More: Who is University of Louisville coach Jeff Brohm's wife?
The Buyout Clause
In the realm of collegiate coaching contracts, buyout clauses are common. For Jeff Brohm, if he is terminated without cause during his term, he is entitled to the full remaining amount of his contract, encompassing his base salary and end-of-year one-time payments. However, should Brohm decide to resign at any point during his tenure, he is obliged to reimburse the university a sum of $1 million. However, if the university terminates his contract without cause, he is owed 100% of the remaining contract, including base salary and end-of-year one-time payments.
FAQs on Jeff Brohm's Net Worth
A. Jeff Brohm's net worth as of 2024 is approximately $5 million.
A. Jeff Brohm's coaching contract with the University of Louisville spans six years, from December 9, 2022, to December 31, 2028, with a base salary of $5 million and various performance-based incentives and benefits.
A. Jeff Brohm's coaching tenure at the University of Louisville can be extended by one year if he achieves seven or more wins in a season and by two years if he secures ten or more wins, with the maximum extension lasting until December 31, 2030.
A. If Jeff Brohm resigns from his coaching position at the University of Louisville during his contract term, he is obligated to reimburse the university a sum of $1 million.
A. Jeff Brohm and his wife Jennifer together have two kids, a son, Brady, and a daughter, Brooke.
