Contract terms for new Purdue coach Barry Odom
How much will new Purdue coach Barry Odom make? How long is his contract? GoldandBlack.com obtained the term sheet.
Contract: 6 years, beginning December 2024 through December 31, 2030
| Year | Compensation |
| Year One | $6,000,000 |
| Year Two | $6,000,000 |
| Year Three | $6,250,000 |
| Year Four | $6,500,000 |
| Year Five | $7,000,000 |
| Year Six | $7,250,000 |
• Buyout to Previous Employer: Purdue shall be responsible for the contractually stipulated buyout, to be executed in a manner that doesn’t result in Odom incurring any expense.
• Incentive Pay: Comprehensive schedule of academic, performance and personal incentive pay opportunities, using a Performance Bonus Base of $1,500,000 and contingent upon maintaining a football APR of 930 or greater.
Top 10
- 1New
CFB Top 25
Post-spring rankings
- 2Hot
Baseball Top 25
Substantial movement in rankings
- 3
Way-Too-Early Top 25
Draft deadline, portal shakeup rankings
- 4
Isaiah Bond
Also victim of NFL Draft prank
- 5Trending
Shedeur Sanders prank
Son of NFL DC admits guilt, apologizes
Get the On3 Top 10 to your inbox every morning
By clicking "Subscribe to Newsletter", I agree to On3's Privacy Notice, Terms, and use of my personal information described therein.
• Staff Salary Pool: Purdue and Odom to work collaboratively to provide the resources and support necessary to hire Assistant Coaches and other football program staff as mutually agreed upon. Staff structure and compensation to be competitive with Big Ten and other peer programs.
• Early Termination: If Purdue terminates Odom without cause, Odom shall be owed 75% of remaining base salary.
• If Odom terminates his employment to accept another coaching position, Odom will owe Purdue:
| Dates | Amount owed |
| Through December 31, 2025 | $6,000,000 |
| January 1, 2026 – December 31, 2026 | $5,000,000 |
| January 1, 2027 – December 31, 2027 | $4,000,000 |
| January 1, 2028 – December 31, 2028 | $3,000,000 |
| January 1, 2029 – December 31, 2029 | $2,500,000 |
| January 1, 2030 – December 31, 2030 | $2,000,000 |
MORE: Takeaways from Odom introduction | Gold and Black Radio: Odom hired | Photo gallery: Odom press conference| Five observations from Odom’s press conference | Can Purdue flip any 2025 UNLV signees? | Purdue hires Odom | Get to know Odom | Three thoughts from the weekend| Q&A with Las Vegas AP writer | Purdue signing day notebook | Purdue 2025 schedule
