Lovie Smith's Contract Approved by Board of Trustees
URBANA -- University of Illinois trustees make official what was inevitable - Lovie Smith is the next hed football coach at Illinois.
As a matter of formality, the board approved Smith's 6'year, $29 milliion contract.
Smith will be paid $2 million a year his first two seasons under the deal approved Wednesday. His salary would rise to $3 million in his third year, $4 million in his fourth season and $5 million in years five and six.
Smith will be paid a $1 million bonus if he remains at Illinois for three seasons and again if he stays all six seasons.