Kansas State will continue to reward him for future success.
Snyder's contract includes a bonus of $50,000 for a third-place finish in the Big 12, $75,000 for a second-place finish or $100,000 for winning the conference title. He will also receive $50,000 for each bowl appearance, or $100,000 if it's a "BCS bowl." That total increases to $175,000 for making the national semifinals when college football's playoff structure begins in 2014, $250,000 for playing in the championship game or $350,000 for winning the national title.
Snyder is also eligible for a $30,000 bonus for winning one of three coach of the year awards, $50,000 for a top-20 finish in the AP or BCS standings, or $100,000 for finishing in the top 10.
Beyond the compensation and bonuses, Snyder's contract includes similar benefits to his previous deal: group insurance and retirement plans; the use of a courtesy vehicle and a vehicle stipend; the use of a suite in the stadium, which is undergoing $75 million in renovations; membership at a country club; men's and women's basketball tickets, including Big 12 and NCAA tournament tickets; 10 hours of private plane use annually; $50,000 for business-related expenses; other travel benefits, and the use of the school's recreation complex and associated facilities.
"Coach Snyder's daily drive, focus and energy in continuing to build the K-State football program are truly remarkable and inspirational," Currie said. "While he is not one to focus attention on himself, President Schulz and I felt that it was important to recognize in this very significant way his tremendous leadership and commitment to continuing to lead the K-State football program."
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