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Arizona State To Pay Pitt For Todd Graham's Opt-Out Fee

The Arizona Republic's Doug Haller is reporting that Arizona State will pay Pitt $1 million to cover Todd Graham's opt-out obligation from his contract with Pitt. He also reports Graham's salary with the Sun Devils will be $2 million per year, with a $600,000 base salary and $1.4 million additional salary.

Essentially, Graham will pay nothing for leaving the Panthers program after less than a year. Arizona State is footing the bill and will take none of it out of his salary.

Other terms of the contract include incentive bonuses and raises. There is also a stipulation that if Graham terminates the contract, he will not be allowed to work at any Pac-12 Conference institution for the duration of the five-year contract.

Meanwhile, Pitt will mark one week in its search to replace Graham on Wednesday. Reported frontrunner Mario Cristobal of Florida International, will coach the Golden Panthers in the Beef O'Brady's Bowl on Tuesday night, so it will be interesting to see if things heat up beginning on Wednesday.

Photographs by dizfunk used in background montage under Creative Commons. Thank you.