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Boise State Coach Moving Into Higher Tax Bracket

by Brian Carson

Boise State’s thrilling Fiesta Bowl victory over Oklahoma put coach Chris Petersen on the verge of earning $1 million a year — if his Broncos can continue their success.

Details of Petersen’s proposed five-year, $4.25 million contract have been posted on the state board of education’s website. The contract, to which he has agreed, still must be approved by board members at a meeting next Thursday.

The deal calls for Petersen to receive an annual base salary of $850,000. If the Broncos win 12 games, he will receive an additional $161,500. Another $100,000 will be added if the team wins a Bowl Championship Series game.

The Broncos went 13-0 last season and were ranked No. 5 in the final Associated Press poll. Boise State opened up its bag of tricks in a 43-42 overtime win over Oklahoma in the Fiesta Bowl — using a hook-and-ladder to score the tying touchdown and a Statue of Liberty play to score the winning 2-point conversion.

Petersen currently is in the second year of a five-year contract with an annual base salary of $575,000.

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Posted in News on February 21st, 2007

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