Matt Luke Contract Will Pay $12.6 Million Over Four Years

Matt Luke Egg Bowl
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, and Adam Brown is sports editor.

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