Well, I'm a few moscow mules deep, but this definitely looks like ~950k/yr 100% guaranteed through 2029...
There are also significant yearly bonus opportunities for athletic achievements (230k-300k max, increasing 10k per year, but a lot are VERY unlikely), some academic bonuses (also starting at 230k and ending at 300k, GPA, GSR and APR -> 100-150k seems very attainable for these), and a yearly retention bonus paid on june 1 of the following year ( starting at 100k in 2022, increasing 50k per year, and ending with 450k in 2029).
There is also a clause to recalculate the talent fee periodically to ensure he is in the top 4 AD salaries of the public university members of the pac-12.
It does appear the bonuses are NOT paid if terminated early.
There are more clauses listed for termination with cause than a typical coaches contract, including:
8. Responsible Employee Athletic Director is considered a "Responsible
Employee" pursuant to Title IX of the Education Amendments Act of 1972 ("Title
IX"). As a Responsible Employee, Athletic Director is required to inform the Title IX
Officer if Athletic Director becomes aware that a student (undergraduate, graduate, or
professional) has experienced sexual violence, sexual harassment, or other behavior
prohibited by University policy. Athletic Director must contact University's Title IX Office
as soon as possible when Athletic Director learns of an incident of sexual violence or sexual
harassment and share whatever information Athletic Director has, including the names of
any individuals involved, their contact information, and any details of the incident. As a
Responsible Employee, Athletic Director must report directly to the Title IX Office, even
if Athletic Director is unsure that the incident actually occurred or unsure whether it
constitutes sexual harassment or sexual violence. Athletic Director should not investigate
the report, and should not try to intervene or resolve the issue. While information must be
provided to the Title IX Office, Responsible Employees should not discuss the case with
other people who do not have a legitimate need to know.
However note the italicized sentence that I highlighted...
All I can say is may Knowlton usher us to a stable conference with some stable payments, or it's gonna be really really bad.