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Details Of Jim McElwain's Contract With Colorado State

The contract between Colorado State and new football coach Jim McElwain wasn't finalized until last Wednesday, and now Sean Duff of has the details. McElwain's five-year contract pays him $1.35 million in base salary plus benefits, although he'd have to pay CSU up to $5 million if he leaves before his contract runs out.

Duff explains how the situation plays out if McElwain leaves CSU:

McElwain would be on the hook for $5 million if it's in 2012, $4 million in 2013, on down to $1 million before the regular-season finale in 2016.

In addition, the contract states that Colorado State must pay at least $2 million in base salary to McElwain's staff plus a variety of other benefits.

After years as an assistant coach, including the past four years as offensive coordinator at Alabama, McElwain is getting his first chance to be a head coach with the Rams.

For more on CSU football, visit MWC blog Mountain West Connection and SB Nation Denver. For updates from around the world of college football, check out SB Nation's NCAA football news hub.