JONESBORO — Arkansas State University’s football program is scheduled to introduce its new head coach and announce its newest players this afternoon in the Centennial Bank Athletics Operations Center on campus.
Butch Jones was announced as ASU’s 31st head football coach on Saturday.
He will meet the media during a press conference that will also cover national signing day for the Red Wolves.
While the 2 p.m. press conference will be open to media only due to COVID-19 safety procedures, it will be streamed live on ASU’s official athletic website and on the athletic department’s Facebook page.
Jones has spent the last three seasons on staff at Alabama, where he was an offensive analyst for two seasons before working as a special assistant to head coach Nick Saban this year. He has 11 years of head coaching experience at the Football Bowl Subdivision level after previous stops at Tennessee (2013-17), Cincinnati (2010-12) and Central Michigan (2007-09).
As an FBS head coach, Jones has an 84-54 record and has had five teams finish in the Associated Press Top 25. His teams have won four conference championships and reached eight bowl games. Jones was 27-13 at Central Michigan, 23-14 at Cincinnati and 34-27 at Tennessee.
Jones and ASU athletic director Terry Mohajir signed a letter of agreement Saturday that includes terms that will be incorporated into a final contract. Jones’ contract will be for five years with a total annual compensation of $825,000.
The contract will include several bonus opportunities, including $50,000 for winning a conference championship and preparing for and coaching the team in an NCAA-sanctioned bowl game, and $25,000 for preparing for and coaching the Red Wolves in a bowl game absent a conference championship.
Jones would pay liquidated damages of $2 million for resigning in the first year of his contract, plus reimbursing ASU for his moving allowance; $1.5 million for resigning in the second year; $850,000 for resigning in the third year; $650,000 for resigning in the fourth year; and $450,000 for resigning in the fifth year, according to the letter of agreement.
The contract will be extended by one year after each season ASU wins eight games over FBS opponents.