EAST LANSING, MI – OCTOBER 15: Isaiah Lewis #9 of the Michigan State Spartans celebrates a 39 yard touchdown after intercepting a pass from Denard Robinson #9 of the Michigan Wolverines in the fourth quarter of the game at Spartan Stadium on October 15, 2011 in East Lansing, Michigan. Michigan State defeated Michigan 28-14. (Photo by Leon Halip/Getty Images)
EAST LANSING, Mich. (AP) — Michigan State has given athletic director Mark Hollis a new contract.
The school announced Monday that Hollis’ base salary will increase to $600,000 from $395,000. He’ll get a longevity payment of $100,000 each July and is also eligible for an annual performance bonus of $50,000.
Hollis will always have a five-year deal renewing each summer to replace the contract that was to expire at the end of 2016.
Street & Smith’s SportsBusiness Journal named Hollis athletic director of the year last month. He’s helped organize innovative events such as the Spartans’ basketball game on an aircraft carrier last season.
(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
