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Group of 5🛡️ Fragile Stability (1/5)

Mike Uremovich

Head Football Coach Ball State (Cardinals)

Current Buyout Owed (Today)
$1,200,000
27 months remaining (837 days)
Annual Salary
$700,000
Base + Supplemental Talent
Contract Expires
2028-12-31
Hired: 2024-12-08
Coach Leaves Buyout
$1,000,000
Owed if leaving for NFL / Rival
Daily Amortization
$1,629
Buyout drops each day
University Firing Coach (Without Cause)

School Owes Coach: $1,200,000

Contract buyout as tracked by USA Today Sports: $1,200,000. (Paid $245,461 to Butler University to cover buyout Mike Uremovich owed that school. He agreed to repay a loan amount of $163,640.67, plus interest to Ball State in equal installments over a three-year period, and authorized the university to deduct these outstanding loan payments from his pay by payroll deduction each regular pay period. The remaining amount of $81,820.33 that Uremovich is not required to repay will be reported as taxable income. If contract is terminated by Uremovich without cause, or by the university for cause, any outstanding amount of the loan (including both principal and interest) shall become immediately due and payable. If Uremovich's employment is terminated for any other reason, any outstanding amount of the loan (including both principal and interest) will be reported as taxable compensation.)

Payment Structure:Annual Installments
Duty to Mitigate (Offsets):No (Guaranteed regardless of new job)
Total Remaining Unearned Salary:$1,604,107
Coach Departs Voluntarily (Poaching Clause)

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

If Mike Uremovich accepts a position as head coach with another collegiate program or an NFL franchise prior to 2028-12-31, 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 (1/5) • Hot Seat (Pending)

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

Contract Job Stability
Level 1 / 5
Fragile Stability
Low Financial Barrier$1,200,000 Buyout Firewall

Negligible financial barrier; athletic director can execute termination with minimal economic hardship.

Contract Safeguard: Contract buyout as tracked by USA Today Sports: $1,200,000. (Paid $245,461 to Butler University to cover buyout Mike Uremovich owed that school. He agreed to repay a loan amount of $163,640.67, plus interest to Ball State in equal installments over a three-year period, and authorized the university to deduct these outstanding loan payments from his pay by payroll deduction each regular pay period. The remaining amount of $81,820.33 that Uremovich is not required to repay will be reported as taxable income. If contract is terminated by Uremovich without cause, or by the university for cause, any outstanding amount of the loan (including both principal and interest) shall become immediately due and payable. If Uremovich's employment is terminated for any other reason, any outstanding amount of the loan (including both principal and interest) will be reported as taxable compensation.)
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 Mike Uremovich

Interactive Financial Modeler

Simulate Termination Date & Buyout Cost

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

BA
Ball StateGroup of 5 • Contract thru 2028-12-31
Annual Salary
$700,000
Current Buyout (Today)
$1,200,000
Selected Date: 2026-09-16 (837 days remaining on contract)
Or pick any exact date:
Buyout Owed on 2026-09-16
$1,200,000
Official USA Today Verified Buyout
Savings by Delaying to This Date
$0
Natural amortization saves $1,629 / day
If Coach Leaves Voluntarily
$1,000,000
Amount coach / hiring team owes Ball State

Duty to Mitigate (New Job Offset Analysis)

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

Contract Calculation Formula:

USA Today FOIA benchmark: $1,200,000. Data aligned with October 2025 authoritative baseline.

💡 By waiting 6 months, natural salary amortization reduces buyout liability by ~$298K.

Key Contractual Stipulations
  • Multi-year term through 2028 season
  • Fixed annual salary structure
  • Standard termination buyout provisions
  • Performance-based bonus eligibility

Data aligned with October 2025 authoritative baseline.

Source & Public Records Citations

Verified Public & News Reference Sources (1):

Ball State Head Coach Contract TermsBall State Athletics Official Records • 2026-09-13
View Source

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