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Matt Luke Contract Will Pay $12.6 Million Over Four Years
Matt Luke would earn $150,000 for taking Ole Miss to the SEC championship and $400,000 for winning it. Photo by Joshua McCoy/Ole Miss Athletics
Matt Luke signed a four-year, $12.6 million contract as head coach of the Ole Miss Rebels.
Luke will receive a starting salary of $3 million for 2018 and earn an additional $100,000 per year through 2021.
The contract also contains some incentives. Starting with his third SEC win each season, Luke would receive $150,000 per conference win. A regular-season win against a Power 5 opponent also earns him $150,000.
A trip to the SEC championship will net Luke $150,000, and a win in that game will rake in $400,000.
And what happens if the Rebels make it to the college playoffs? Luke would earn $500,000 just for getting there and $1 million for winning a national championship.
Rick Hynum is editor-in-chief of HottyToddy.com, and Adam Brown is sports editor.
| Mon, Nov 4 |  | vs Long Island University | W, 90-60 |
| Fri, Nov 8 |  | vs Grambling | W, 66-64 |
| Tue, Nov 12 |  | vs South Alabama | W, 64-54 |
| Sat, Nov 16 |  | vs Colorado State | W, 84-69 |
| Thu, Nov 21 |  | vs Oral Roberts | L, 100-68 |
| Thu, Nov 28 |  | vs BYU | W, 96-85 OT |
| Fri, Nov 29 |  | vs 13 Purdue | L, 80-78 |
| Tue, Dec 3 |  | @ Louisville | W, 86-63 |
| Sat, Dec 7 |  | vs Lindenwood | W, 86-53 |
| Sat, Dec 14 |  | vs Southern Miss | W, 77-46 |
| Tue, Dec 17 |  | vs Southern | W, 74-61 |
| Sat, Dec 21 |  | vs Queens University | W, 80-62 |
| Sat, Dec 28 |  | @ Memphis | L, 87-70 |
| Sat, Jan 4 |  | vs Georgia | W, 63-51 |
| Wed, Jan 8 |  | @ 23 Arkansas | W, 73-66 |
| Sat, Jan 11 |  | vs LSU | W, 77-65 |
| Tue, Jan 14 |  | @ 5 Alabama | W, 74-64 |
| Sat, Jan 18 |  | @ 17 Mississippi State | L, 81-84 |
| Wed, Jan 22 |  | vs 13 Texas A&M | L, 62-63 |
| Sat, Jan 25 |  | @ Missouri | L, 83-75 |
| Wed, Jan 29 |  | vs Texas | W, 72-69 |
| Sat, Feb 1 |  | vs 2 Auburn | L, 92-82 |
| Tue, Feb 4 |  | vs 10 Kentucky | W, 98-84 |
| Sat, Feb 8 | | @ LSU | 7:30 PM SECN |
| Wed, Feb 12 |  | @ South Carolina | 6:00 PM SECN |
| Sat, Feb 15 | | vs 17 Mississippi State | 5:00 PM TBA |
| Sat, Feb 22 |  | @ Vanderbilt | 2:30 PM SECN |
| Wed, Feb 26 | | @ 2 Auburn | 6:00 PM TBA |
| Sat, Mar 1 |  | vs 12 Oklahoma | 1:00 PM TBA |
| Wed, Mar 5 |  | vs 1 Tennessee | 8:00 PM TBA |
| Sat, Mar 8 |  | @ 6 Florida | 5:00 PM SECN |