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.
From the Associated Press