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Group of 5🛡️ Vulnerable Stability (2/5)

Matt Drinkall

Head Football Coach Central Michigan (Chippewas)

Current Buyout Owed (Today)
$2,000,000
39 months remaining (1202 days)
Annual Salary
$622,450
Base + Supplemental Talent
Contract Expires
2029-12-31
Hired: 2024-12-08
Coach Leaves Buyout
$1,000,000
Owed if leaving for NFL / Rival
Daily Amortization
$1,449
Buyout drops each day
University Firing Coach (Without Cause)

School Owes Coach: $2,000,000

Contract buyout as tracked by USA Today Sports: $2,000,000. (Figures based on letter of agreement signed by the parties on Dec. 8, 2024, rather than full-form contract. School Pay includes $20,000 one-time signing bonus. Letter of agreement also calls for annual retention payment of $50,000, but that agreement is silent on the date on which the payment vests, or becomes payable, to Drinkall. No Maximum Bonus figure available because letter of agreement states only that Drinkall will receive: "Bonuses, as mutually agreed upon and detailed in the Long Form Agreement.")

Payment Structure:Lump Sum
Duty to Mitigate (Offsets):No (Guaranteed regardless of new job)
Total Remaining Unearned Salary:$2,048,419
Coach Departs Voluntarily (Poaching Clause)

Coach / Hiring School Owes: $1,000,000

If Matt Drinkall accepts a position as head coach with another collegiate program or an NFL franchise prior to 2029-12-31, he or his new employer is legally bound to pay this liquidated departure penalty.

Departure Fee:$1,000,000
School Retention Leverage:Standard College Buyout
Coaching Stance & Contractual Security

Job Stability vs. The Hot Seat

How Our Two-Axis Model Works
0/5 Votes

Pending Fan Consensus

Tension Rating: Stability (2/5) • Hot Seat (Pending)

Contract Job Stability is rated Vulnerable Stability. Awaiting 5 more community vote(s) to officially establish the Hot Seat alignment.

Contract Job Stability
Level 2 / 5
Vulnerable Stability
Accessible Buyout Hurdle$2,000,000 Buyout Firewall

Modest buyout relative to athletic revenues; university holds substantial financial leverage.

Contract Safeguard: Contract buyout as tracked by USA Today Sports: $2,000,000. (Figures based on letter of agreement signed by the parties on Dec. 8, 2024, rather than full-form contract. School Pay includes $20,000 one-time signing bonus. Letter of agreement also calls for annual retention payment of $50,000, but that agreement is silent on the date on which the payment vests, or becomes payable, to Drinkall. No Maximum Bonus figure available because letter of agreement states only that Drinkall will receive: "Bonuses, as mutually agreed upon and detailed in the Long Form Agreement.")
Mitigation Duty: None (fully guaranteed sum)
The Hot Seat (Community Consensus)
Consensus Building
Consensus Building0 / 5 Votes

Hot Seat score requires at least 5 votes to show, only 0 votes cast so far.

5 more votes needed to unlock public heat score. Cast your vote below!

Interactive Amortization Simulator for Matt Drinkall

Interactive Financial Modeler

Simulate Termination Date & Buyout Cost

See how contract amortization, date milestones, and mitigation clauses reduce buyout liability over time.

CE
Central MichiganGroup of 5 • Contract thru 2029-12-31
Annual Salary
$622,450
Current Buyout (Today)
$2,000,000
Selected Date: 2026-09-16 (1202 days remaining on contract)
Or pick any exact date:
Buyout Owed on 2026-09-16
$2,000,000
Official USA Today Verified Buyout
Savings by Delaying to This Date
$0
Natural amortization saves $1,449 / day
If Coach Leaves Voluntarily
$1,000,000
Amount coach / hiring team owes Central Michigan

Duty to Mitigate (New Job Offset Analysis)

No Mitigation Required (Full Guarantee)
Important: Matt Drinkall's contract does not mandate an affirmative duty to mitigate. Even if he takes another job paying millions tomorrow, Central Michigan is legally obligated to continue paying the full buyout amount with zero offset!

Contract Calculation Formula:

USA Today FOIA benchmark: $2,000,000. Data aligned with October 2025 authoritative baseline.

💡 By waiting 6 months, natural salary amortization reduces buyout liability by ~$265K.

Key Contractual Stipulations
  • Multi-year term through December 2029
  • Fixed annual salary structure
  • Standard buyout provisions for coach departure
  • Performance-based incentive eligibility

Data aligned with October 2025 authoritative baseline.

Source & Public Records Citations

Verified Public & News Reference Sources (1):

Central Michigan Head Coach Contract TermsCentral Michigan Athletics Official Records • 2026-09-13
View Source

FOIA Verified: As an arm of state government, Central Michigan releases employment agreements and board-approved amendments under public records legislation.