South Florida's Doug Woolard has a similar arrangement, only without the limits. They were removed in June 2012 by university president Judy Genshaft, who also is a member of the NCAA Division I Board of Directors — the group of college CEO's that governs college sports' top competitive classification.
In a letter offering Woolard a three-year contract extension, Genshaft wrote that she also was providing additional annual performance incentives "to demonstrate my intent and desire for success."
Woolard, who had been limited to $30,000 per year in bonuses during his first eight years at the school, now is eligible for bonuses "in equal and cumulative amounts to the performance incentives which are earned and paid to the head coaches according to those respective employment agreements."
South Florida's head coaches have incentives totaling almost $2.5 million.