On Jan. 1 of next year, his total compensation is set to go up by another $200,000.
His contract calls for several other potential payments in the next year. Depending on the athletic and academic performance of his team, Holgorsen can earn up to $600,000 in incentives. Last year he earned $120,000 in incentives, Parsons said.
A fat "retention payment" is in store for Holgorsen on March 1, 2014. He's set to receive a $300,000 check that day if he's still in his position.
His assistant coaches are also in line for some extra green. Holgorsen's contract gives him a $2.6 million "assistant coach budget." That increases by at least 3 percent per year and more if the Mountaineers make it to a bowl game. WVU made it to the Pinstripe Bowl this past season so Holgorsen's assistant coach budget will go up 5 percent this year. WVU lost to Syracuse in the bowl, but that didn't affect the increase.
The contract also allows the athletic director to increase the budget. Parsons said he thought the budget would go up 5 percent but said that was not guaranteed. The contract language says the budget "shall increase not less than" 5 percent following a season with a bowl trip.
On July 1, Huggins' total annual compensation increases from $2.75 million to $2.85 million.
His 11-year contract is structured so that $350,000 of that is deferred until the eighth year of the contract. Parsons said the deferment is for tax or retirement purposes.
Huggins earned $50,000 in incentives last year. As with any contractual incentives, that amount will increase if the team performs better this season.
Apart from the coaches, Athletic Director Oliver Luck is the only department employee hired under a multi-year contract, Parsons said. He said he believes this means salaries for the other department employees are affected by the pay freeze.
He said he couldn't rule out the chance that some athletic department employees could get raises during the next budget year.